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How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

Many prospective EV buyers shy away when they compare the initial purchase price of many electric vehicles against traditional internal combustion engine vehicles. This is great news for Tesla fans, as many Tesla models qualify for the credit. Which Tesla Vehicles Qualify for Colorado’s $5,000 Tax Credit?

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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

A123 Systems has been the recipient of a number of state and federal grants and tax incentives. million grant awarded under the US Department of Energy (DOE) Battery Initiative to support manufacturing expansion of new lithium-ion battery manufacturing facilities in Michigan. million Center of Energy and Excellence grant.

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Colorado approves goal to make 82% of car sales electric by 2032

Teslarati

Notably, the release says that the standard does not prohibit the sale or use of non-electric vehicles with internal combustion engines (ICEs). Instead of prohibiting gas car sales, the state says it hopes to direct consumers toward some of its grants and other programs making EVs easier to access. Tesla wants the U.S.

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Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan

Green Car Congress

million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; and LG Chem-Compact Power Inc. A123Systems Inc.

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How to Take Advantage of EV Charging Incentives for Fleets

Blink Charging

Between the United States federal government, state, and local governments; power companies and utilities; and air pollution control districts, there are hundreds of incentives for fleet owners to switch from internal combustion engine vehicles to electric vehicles (EVs). The Internal Revenue Service administers this commercial EV tax credit.

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Lordstown Motors cuts 2021 production estimate for electric pickup to at best 50% of prior expectations

Green Car Congress

Utilizing third-party engineering resources. These include significantly higher than expected expenditures for parts/equipment, expedited shipping costs, and expenses associated with third-party engineering resources. As a result, the company needs to raise additional capital. One of the Endurance betas.

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FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

Green Car Congress

FREYR is planning to initiate detailed project engineering of Giga America in the coming months. Additionally, FREYR intends to apply with the US Department of Energy for packages that could include a grant and/or direct loans to assist with the development of Giga America.

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