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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Power EV Index score for availability climbed sharply to 39.4 (on Power EV Index.

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New Jersey resuscitates offshore wind with two new projects

Baua Electric

Photo: Ocean Wind 1 Ørsted dealt New Jersey a massive blow by canceling 2.2 GW of new projects to its pipeline. New Jersey was expected to announce another offshore wind solicitation at the beginning of 2024, and it’s delivered. It’s a joint venture of TotalEnergies, Rise Light & Power, and Corio Generation.

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Power Up Your Garden State Business With New Jersey EV Incentives

EV Connect

Thanks to extended federal tax credits and robust New Jersey state EV charging incentives, this is the best time to invest in EV charging. Federal Tax Credits Regardless of your location, there is good news for businesses ready to upgrade their fleet to EV or offer cutting-edge service to their customers and employees.

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Prius Plug-In eligibile for a $1,500 California consumer incentive plus $2,500 Federal tax credit

Green Car Congress

Designed to promote the use of Zero Emissions Vehicles (ZEV) and related clean vehicle technologies, the CVRP is a consumer incentive made available in addition to a $2,500 Federal Tax credit. It’s also capable of traveling up to 62 mph (100 km/h) using electric power alone.

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EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. These incentives are in addition to a federal (nationwide) tax credit, which ranges from $2,500 to $7,500 depending on battery capacity and gross vehicle weight. ZEVs include vehicles powered by electricity or hydrogen fuel cells.

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Boost Your Savings: Best US States for Electric Vehicle Incentives

Setec Powerr

Electric vehicles are becoming increasingly popular as people seek eco-friendly alternatives to traditional gasoline-powered cars. Colorado Colorado offers a state tax credit of up to $4,000 for the purchase or lease of a new electric vehicle.

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Converting Coal Power Plants to Nuclear Gains Steam

Cars That Think

On a planet aspiring to become carbon neutral, the once-stalwart coal power plant is an emerging anachronism. Some analysts have proposed a solution that, on the surface, seems almost too elegant: turning old coal plants into nuclear power plants. It is true that, in much of the developing world, coal-fired capacity continues to grow.

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