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Lease Buyout Offers Loophole to EV Incentive Restrictions

EV Life

The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. Two sections of the law, 30D and 45W, detail individual tax credits and commercial tax credits, respectively. However, there’s a catch. But here’s the good part.

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Ford reveals specs for F-150 Lightning Pro: Price, Range, and Features

Teslarati

The Lightning Pro was built for commercial customers to handle tough work. The starting MSRP for the Lightning Pro is $39,974 before tax incentives, and it features a standard battery pack and a dual-motor power 4×4 equivalent to 426 horsepower. The commercial centers will handle sales, service, financing, and charging solutions.

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Synbio company Intrexon and Dominion partner to commercialize bioconversion of natural gas to isobutanol in Marcellus and Utica Basins

Green Car Congress

Both engineered methanotrophs present a unique series of challenges for commercial scale up, noted Intrexon in a presentation at the 2015 BIO World Congress in July. These positive attributes are driving investment in butanol plants which may reach $6 billion by 2020 according to Bloomberg New Energy Finance.

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Canoo (GOEV) stock surges after OKC EV facility gets key approval

Baua Electric

Canoo sources over 90% of its parts in the US and free trade partners, with about 70% from North America. Despite the win, Canoo’s finances are still a concern. Canoo is making progress with the first official customer deliveries of its commercial electric van last month. At the end of September , Canoo had only $8.3

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Ford introduces F-150 Lightning Pro electric pickup targeted at commercial customers

Green Car Congress

Ford unveiled the all-electric 2022 F-150 Lightning Pro, a version of the electric F-150 Lightning ( earlier post ) targeted at commercial customers. The Pro joins E-Transit in the lineup of Ford work-ready electric vehicles, backed by a nationwide network offering EV-certified fleet sales, service and financing.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

North America, Europe, and Asia Pacific will continue to drive PEV sales, as the technology will have only limited availability in the emerging markets of Latin America and Africa. North America and Western Europe—are close to peaking of sales of new vehicles. Tesla Motors will have a bumpy year.

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DOT issues discussion document on principles for a connected vehicle environment; safety as top priority

Green Car Congress

System implementation must be national in scale and extensible across North America. USDOT is receptive to all sustainable financing options that do not violate other principles. However, this stated principle does not preclude mandatory universally applicable taxes or fees to finance the system, according to DOT.