Remove Fleet Remove Parts Remove South Africa Remove Tax Credit
article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces. South Africa and India have good iron ore reserves and the potential to produce a large amount of low-cost clean power. Blast furnace production would fall to 18% of capacity in this scenario.

Hydrogen 221
article thumbnail

The Global Outlook of Electric Vehicles

Blink Charging

Consumer solutions Without a doubt, the biggest steps to helping consumers adopt EVs are government-backed programs like tax credits for EVs, funding for EV charging infrastructure expansion, enacting bans on internal combustion engines, and setting goals for EV adoption. Needless to say, EV sales are increasing globally.

article thumbnail

EV Charging: A Look at the International Landscape

EV Connect

In addition to directing the Environmental Protection Agency and the Department of Transportation to tighten fuel efficiency standards, President Biden has made supporting electric vehicles a top priority, expanding consumer tax credits for EV purchases and mandating that the entire federal fleet of vehicles be converted to electric.