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Rural EV charging incentivized in much of the US with Biden guidance

Baua Electric

The Biden administration will use a broad legal interpretation to provide tax credits to EV charging projects in a large swath of the country. The Treasury Department on Friday released additional guidance providing more specific information on what projects will qualify for the revived 30C tax credit. population.

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President Obama Awards $2.3B for Tax Credits for New Clean-Tech Manufacturing Jobs; GE Gets Largest Battery-related Award

Green Car Congress

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. It is designed for on-road service trucks to provide a quick charge to stranded battery electric vehicles similar to an “out-of-gas” situation. President Obama announced the award of $2.3

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Autonomy debuts EV subscription service in Austin, TX

Teslarati

Autonomy highlighted the city’s unique Austin Energy Plug-in EVerywhere network subscription plan that offers unlimited charging for $4.17 per month at any of its over 1,000 level 2 charging stations. ” “In the first quarter, we’re going to be adding VinFast, as well as Mercedes and Polestar.

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US plug-in hybrid sales hit a record high in 2023

Baua Electric

The combined market share of hybrids, plug-in hybrids, and EVs rose to 16.3% With the price positioning of plug-in hybrids no longer as favorable versus hybrids in 2023—especially without the EV tax credit—it’s cause to wonder whether there is a lot more demand for them. of total light-duty vehicle sales in the U.S.,

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

If you’re trying to reckon whether an electric car is for you, here are top reasons why you should get aboard the electric vehicle voyage: 1. Constant price fluctuations power the fuel market. A small margin in the market drastically affects the cost of fuel and its availability. Say Goodbye to Fuel Costs.

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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

The cost of battery packs has been a significant factor in the adoption of these technologies, and recent developments show that we’re moving in the right direction as prices drop. Expanding Battery Manufacturing Capacity in North America In North America, the United States is the leading market for lithium-ion batteries.

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KIA: Double-digit enlargement in Q2

Baua Electric

“Looking at markets on the West Coast like Los Angeles and San Francisco, as well as others, they are still heavy sedan markets, and we are doing really well there,” Watson stated. Quote: “The entire country needs additional charging infrastructure no matter what the standard the OEMs are using.

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