Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

For the past few years, EVs became an increasingly popular choice amongst drivers. As a McKinsey report points out, early adopters sparked 60% growth year-on-year for the past decade. COVID-19 pandemic has hit the automotive market hard.

Scrappage Scheme Moving Forward in US Congress

Green Car Congress

Dingell, Congresswoman Betty Sutton, Congressman Jay Inslee, and Congressman Bart Stupak reached an agreement on a “Cash for Clunkers” scrappage program. Under the proposal, consumers may trade in their older vehicles and receive vouchers worth up to $4,500 to help pay for new, more fuel efficient cars and trucks. The program will be authorized for up to one year and provide for approximately one million new car or truck purchases. Chairman Henry A.

Labour's £5,000 sweetener to launch electric car revolution | Environment | The Guardian

Tony Karrer Delicious EVdriven

It will be launched today by Geoff Hoon, the transport secretary, and Lord Mandelson, the business secretary, with the aim of kickstarting the market for cleaner road vehicles and slashing the UKs CO2 emisisons. The cash incentive for consumers would be available to offset the higher upfront costs of electric cars , in particular the price of the batteries in modern vehicles. Letters for publication should be sent to: letters@guardian.co.uk

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