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Hertz’s EV sale to fan cost concerns, dampen used-car market – ET Auto

Baua Electric

“The larger impact of Hertz EV fire sale is the perception hit to the technology,” said Karl Brauer, analyst at used-car aggregator iSeeCars.com. fleet operator of EVs, has blamed the sale on high repair costs and weak demand for the vehicles it offers on rent. Hertz, the largest U.S.

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NITI Aayog bats for incentives for LNG-fuelled commercial vehicles – ET Auto

Baua Electric

Proposing a host of fiscal incentives, the Aayog called for reducing the value added tax (VAT) on sale of LNG to heavy duty vehicles to 5% and bringing the retail LNG price under the ambit of the 5% GST bracket. “It According to the Aayog, this scheme for GST reduction can be limited to the first 5,000 LNG trucks sold.

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How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

Automotive dealerships must prioritize upgrading their electric infrastructure to support the anticipated increase in electric vehicle (EV) sales, projected to reach 2.5 Discover key insights into incorporating battery storage for your dealership’s sustainable energy storage. What are battery energy storage systems?

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How Much Does it Cost to Charge an Electric Car at a Public Charging Station?

EV Connect

Drivers get faster off-road charging speeds than Level 1 can supply, while businesses can capitalize on both tax credits and fresh revenue opportunities. To put that in context, we need to explore the cost of charging an electric car at a public charging station, and see how businesses can reduce EV charging station costs.

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Ineos drives towards hydrogen car future – ET Auto

Baua Electric

Speaking against the din of sports cars speeding in the distance, Calder hit out at the UK government’s goal of banning the sale of new petrol and diesel cars from 2035. It added that demand for EVs was “high”, even if recent data shows evidence of slowing sales in the UK and abroad.

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Ola Cabs Ebitda profitable; electrification, premiumisation the future: new CEO Bakshi – ET Auto

Baua Electric

The firm, he said, had turned profitable based on earnings before interest, taxes, depreciation and amortisation ( Ebitda ) in the fiscal year ended March 31, 2023. Electrification would drive down the cost of the ride-hailing business in the future, driving deeper penetration, Bakshi claimed.

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Power Up Your Garden State Business With New Jersey EV Incentives

EV Connect

Thanks to extended federal tax credits and robust New Jersey state EV charging incentives, this is the best time to invest in EV charging. Businesses can offset their initial costs and enjoy sustained savings for years to come. There is no way to predict whether the 30C tax credit will be extended again in the future.