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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

The bipolar structure simplifies internal battery connections to reduce internal resistance and improve round-trip efficiency. Domestic production better positions Eos to access the 45X advanced manufacturing direct pay tax credits available under the IRA.

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Why Fleet Owners Are Electrifying Their Vehicles This Year

Blink Charging

The best time to transition your business vehicle fleet from internal combustion engine (ICE) vehicles to electric vehicles (EV) is now. Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations.

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How to Save When Building an EV Charging Station

Setec Powerr

However, the installation and maintenance of EV chargers can be complex and costly. Installation Costs – As the power of the charger system grows, so too does the size of the electrical cables and switchgear required to supply it. Additionally, the software running the chargers requires regular updates and maintenance.

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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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How EV Charging Supports Healthcare Facilities

Blink Charging

As mentioned in an International Parking and Mobility Institute (IPMI) blog , “parking revenues can return 50 to 65 percent net margins and can provide a much-needed cushion for an ailing budget.” With less maintenance and lower fuel costs , switching to an electric fleet can significantly reduce the cost of operating your fleet.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos. Under this scheme, the government provides financial incentives, such as subsidies and tax benefits, to encourage the purchase of electric autos.

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