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

Green Car Congress

General Motors. Charging infrastructure financing: Unlocking Up $4.5 It will also list current tax credits and incentives applicable to EV charging. Among the actions announced are: Unlocking up to $4.5 Duke Energy. Edison Electric Institute. Electric Drive Transportation Association (EDTA). Eversource Energy.

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Volkswagen’s Pablo Di Si: Generation to get ‘again to fundamentals’

Baua Electric

Volkswagen Crew of The united states CEO Pablo Di Si has formally been at the activity handiest since September, when his predecessor, Scott Keogh, moved over to form Scout Motors. Let’s do financing. however in Canada and Mexico as smartly. The Argentinian in the past labored within the U.S.

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Tesla supplier sheds light on graphite supply challenge for EV battery manufacturers [Editorial]

Teslarati

The recently passed Inflation Reduction Act included EV tax credits that could go as high as $7,500 for automakers that adhere to a few specific requirements. One of the requirements to qualify for the EV tax credit is related to batteries and the minerals used to make them. It did not mention the automaker by name.

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BYD has no plans to enter the US Market amid “complications’ [Feature]

Teslarati

BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market. Ford and General Motors (GM) announced plans to scale down EV production this year.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

As batteries get cheaper and smaller, and motors get light enough to fit inside wheels, we’ll be able to upgrade smaller cars. Retrofitters can partner with energy service companies to finance those costs, backed by federal loan guarantees. Right now, buyers of new plug-in cars get up to $7,500 in tax credits.

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Impact of Proposed Changes to the Federal EV Tax Credit – Part 1: Summary Chart

EV Adoption

A key component of the CEAA is nine proposed changes to the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) — more commonly known as the “federal EV tax credit.”. I’ve written extensively on the tax credit and especially its many flaws, ineffectiveness, and areas in the regulations that desperately need fixing.