Remove Convert Remove Cost Of Remove Tax Remove Tax Credit
article thumbnail

Nikola marks 100-salesorder milestone for Nikola Tre Hydrogen FCEV Class 8 truck; bolstered by HVIP

Green Car Congress

The California Air Resources Board (CARB) Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) program, played a significant role in securing many of the 100 sale orders that are expected to convert to purchase orders following the satisfactory completion of the demonstration programs.

Hydrogen 186
article thumbnail

The Importance of Electrifying Municipal Vehicles

Clean Fleet Report

Converting to an all-electric fleet of municipal vehicles vastly reduces noise levels within city limits. With those tax credits, electric municipal vehicles make sense in terms of saving money. It also means that even if fuel prices fluctuate, the cost of powering municipal vehicles can stay roughly constant.

article thumbnail

Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

Loveland needed to do something about rising fuel costs, and electric vehicles have proven to be a great solution, saving us about 41 percent overall compared to gas-powered vehicles. Loveland is now aiming to convert all of its light-duty fleet vehicles that work within a close distance of the city to EVs.

Houston 312
article thumbnail

How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

A BESS can assist an automotive dealership in cost savings by allowing them to charge during peak times when electricity rates are at their lowest and utilize the stored energy during periods of higher electricity rates. Incorporating a BES system can aid in lowering the operational costs of a DC fast charger. per kilowatt-hour (kWh).

article thumbnail

Alaska state senators propose $475M in incentives for xTL plants

Green Car Congress

Alaska state senator Lesil McGuire has introduced a bill ( Senate Bill 109 ) that would grant $475 million in state investment tax credits toward development of plants converting natural gas-, coal- or biomass-to-liquids products (GTL, CTL or BTL = xTL) on the state’s North Slope.

Alaska 186
article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces. Most of the costs to make green steel come from operations, rather than capital costs. Green recycling is also a cost-effective and immediate solution.

Hydrogen 221
article thumbnail

Novozymes and Fiberight Showcase Ethanol Produced from Waste Office Paper and Cardboard in Drive Demonstration in Washington

Green Car Congress

Novozymes has received two contracts from the DOE for its research efforts to bring down the cost of enzymes and improve their efficiency in converting cellulose to biofuels. As a result of this work, Novozymes has been able to achieve significant reductions in enzyme costs over the years, notably a 50% reduction announced in 2009.

Waste 199