Remove Cost Remove Cost Of Remove Mexico Remove Tax Credit
article thumbnail

Electric vehicles are inflation relief

Electric Auto Association

A cost of ownership calculator and other tools can help you know how much you’ll save By Cameron Wolf, ZappyRide. Airlines , public transit , and regular commuters are feeling the strain of rising fuel costs, which have increased dramatically since August 2021. The cost of gas over the first 5 years of the car @ $3.58/gal

El Paso 84
article thumbnail

GM in talks with CATL to license cheaper LFP EV battery tech and joint North American plant

Baua Electric

Details are scarce, but the plant will likely be in the US or Mexico. Both automakers look to sidestep federal regulations requiring EV batteries to be produced in North America to qualify for a tax credit. This could translate to significant savings as American automakers look to cut costs and break even with EVs.

GM 52
article thumbnail

Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

During past eight years the number of plug-in electric vehicle models has increased from one to more than 20, battery costs have decreased 70%, and the number of electric vehicle charging stations has increased from less than 500 in 2008 to more than 16,000 today—a 40-fold increase. Among the actions announced are: Unlocking up to $4.5

Obama 150
article thumbnail

U.S. China EV Rift Grows

The Truth About Cars

China's Ministry of Commerce announced on July 15 that it will escalate its trade dispute with the United States over the Inflation Reduction Act's tax credits for electric vehicles and renewable energy projects. China contends that these credits unfairly favor domestically produced components, violating international trade rules.

article thumbnail

The Complex Calculus of Clean Energy and Zero Emissions

Cars That Think

government was going to try a whole bunch of different government interventions—incentive programs, tax credits, grants, infrastructure investments—to bend the trajectory of our energy transition. Expansion also enables wider electricity markets, which tend to lower electricity costs. It doesn’t get us to a hundred.

Cleaning 100
article thumbnail

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

A continuing sharp decline in technology costs—particularly in solar but also in wind—meant that every dollar invested in renewable energy bought significantly more generating capacity in 2014. Wind and solar sectors should be able to carry on flourishing, particularly if they continue to cut costs per MWh.

2014 150
article thumbnail

Bring on the EV Trucks

Revenge of the Electric Car

Note: modified 3/6/09 to add approximate cost of battery lease.). According to its website, it is a California-based manufacturer of battery-electric and hybrid-electric trucks that was founded in 1989, spent years or development and has been building and selling its vehicles in Mexico for several years now.

Chicago 124