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The Global Outlook of Electric Vehicles

Blink Charging

This is partially due to the cost of EVs in these countries, but also with a relative lack of charging infrastructure. The federal US government has expanded its electric vehicle tax credits for new and used EVs. Countries like Rwanda, Kenya, Uganda and Egypt all have plans in place to increase EV production and usage.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. In the UK and Germany we are seeing a move away from feed-in tariffs and green certificates, towards reverse auctions and subsidy caps, aimed at capping the cost of the transition to consumers.

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