Buyers Of Electric Cars Can Get A $7,500 Tax Credit, But It Won't Be Easy
"Uncle Sam wants you to buy an electric vehicle. And he's willing to throw $7,500 your way to make it happen ... if you and the model you want both qualify."
"Uncle Sam wants you to buy an electric vehicle. And he's willing to throw $7,500 your way to make it happen ... if you and the model you want both qualify."
"Many companies and investors are eager to recycle batteries, but it could take a decade or more before enough used lithium-ion batteries become available."
"The U.S. Postal Service will buy 66,000 vehicles to build one of the largest electric fleets in the nation, Biden administration officials announced Tuesday, turning to one of the most recognizable vehicles on American roads — boxy white mail trucks — to fight climate change."
"John Podesta, President Biden’s clean energy adviser, said the administration was working to ensure that a record $370 billion in new federal subsidies for electric vehicles, wind farms, batteries and other clean energy technologies is spent properly and avoids waste and abuse."
"The Environmental Protection Agency on Thursday proposed increasing the amount of ethanol and other biofuels that must be blended into the nation’s fuel supplies over the next three years, a move welcomed by renewable fuel and farm groups but condemned by environmentalists and oil industry groups."
"With announcements of more than two dozen plants in the so-called “Battery Belt” of the U.S., the industry is growing at a breakneck pace."
"The energy crisis sparked by Russia’s invasion of Ukraine is likely to speed up rather than slow down the global transition away from fossil fuels and toward cleaner technologies like wind, solar and electric vehicles, the world’s leading energy agency said Thursday."
"The Biden administration on Wednesday awarded $2.8 billion in grants to boost domestic manufacturing of batteries for electric vehicles in 12 states."
"Germany has unveiled plans to massively boost charging infrastructure for electric vehicles. The €6.3 billion proposal would increase the number of charging points across the country to 1 million by 2030."
"A new report suggests that the Inflation Reduction Act could be even bigger than Congress thinks."