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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

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Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles. Tesla’s Superchargers can recharge EVs to 80% in 20 to 40 minutes. The growth of ZEVs represents a potential drain on motor vehicle fuel taxes, which could affect state transportation revenue.

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Profile: Li-ion Battery and Pack Supplier Valence Technology

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They are usually delivery vehicles working within a neighborhood, and are on the road for 6-8 hour a day and are recharged overnight. In February of 2009 Smith Electric announced an agreement with Ford Motor Company to provide an electric version of the Ford Transit Connect Van for the North American Market. The Edison is a 3.5

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