25 Apr 2024 19:55:51 UTC

 EDITOR'S CHOICE

In Ukraine, Jewish Charity Buys 40 Electric Cars to Manage Rising Costs of Delivering Aid

10 Aug 2022 | Synopsis

"Since Russia invaded in February, fuel prices have doubled [where wait time can be 4-5 hours for 5 gallons of fuel] ..To solve this problem, which is affecting aid providers all over the country, the Chabad-affiliated Federation of Jewish Communities of Ukraine has spent over $2 million buying a fleet of 40 electric cars" including Renault and Volvo...even at an average price tag of $50,000 each, the cars are seen as a smart buy."

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Ford F-150 Lightning Lineup Sees Massive Price Hikes

10 Aug 2022 | Synopsis

Rising material costs are reportedly to blame for up to $8500 in price hikes across the lineup

"According to the automaker, this adjustment to the 2023 Ford F-150 Lightning lineup will have no impact on customers who have already secured an order slot.

"This price hike isn't exclusive to the electric pickup, however. Over the past two years, we've seen the internal-combustion F-150's base price increase by nearly $2000 annually."

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How Manchin Kneecapped the Climate Bill's EV Tax Credit

10 Aug 2022 | Synopsis

During months of negotiations, Senate Energy and Natural Resources Chair Joe Manchin (D-W.Va.) made clear he would only support expanding the consumer electric vehicle tax credit if it included requirements for the cars to be made from supply chains controlled by the United States or its allies and without any products from China.

"Starting in 2024, only EVs with at least 40 percent of their minerals from the United States or nations with U.S."

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The E-Bike Tax Credit Is Only Mostly Dead As Supporters Plot Next Steps

10 Aug 2022 | Synopsis

"A $900 refundable tax credit on the purchase of a new electric bike was left on the cutting room floor...to the consternation of bike advocates that have been pushing or it for years.

"President Joe Biden's original Build Back Better proposal included a refundable tax credit worth 30 percent of a new e-bike's purchase price, capped at $1,500. But Senator Joe Manchin (D-WV) had the final word at the end of the day."

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Range Anxiety: Here's What Happens When An Electric Car Battery Runs Out of Energy

10 Aug 2022 | Synopsis

"It was a major worry in the early days of electric cars...It's becoming less of an issue with each new generation of electric cars - these days, even the affordable Renault ZOE can manage 245 miles, while high-end models like the latest Teslas can exceed 350 miles..

"Ultimately, the fear of running out of power is the same as it is in a petrol or diesel car..."

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Senate Calls USPS Bluff with $3 billion for Electric Trucks - Will It Go 100% BEV?

09 Aug 2022 | Synopsis

"It's the latest move in the long saga for postal service electrification and effectively 'calls USPS's bluff' by supplying as much funding as the USPS claimed a 100% BEV fleet would cost.

"In its decision, the USPS...claimed it would cost $3.3 billion more in upfront costs to convert the fleet to 100% BEV instead of 90% ICE...which almost perfectly matches the $3 billion allocated by the new Senate bill."

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Virtually No EVs Currently Qualify For Expanded Tax Credits

09 Aug 2022 | Synopsis

The devil is in the battery-sourcing details.

"Democratic lawmakers added a concession to the new rules which will require at least 40 percent of a vehicle’s battery materials to be sourced from the United States or one of our trade allies by 2024.

"The problem with that is the fact that China is currently responsible for over three-quarters of the world’s battery production. The U.S. currently only makes up around 8 percent..."

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Congress Is About to Pass a Historic Climate Bill. So Why Are Oil Companies Pleased?

09 Aug 2022 | Synopsis

"After decades of lobbying against climate policy perhaps they’ve seen the inexorable march of history towards decarbonization and decided to hitch their wagons to it.

"For decades, oil and gas executives have worked to create a political climate wholly allergic to comprehensive climate action.

"That something being called climate policy passed at all is thanks to the tireless work the climate movement has done to put it on the agenda."

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Meyers Manx Returns With An All-Electric Dune Buggy

09 Aug 2022 | Synopsis

"...VW-based Meyers Manx largely created off-road racing and defined beach-bum living for a solid chunk of the 1960s and '70s.

"The EV dune buggy will offer two different drivetrain packages: a 20 kWh, 150-mile range base model, and a 40 kWh, 300-mile range version.

"Pricing wasn't announced, but pre-orders will begin after the car is officially unveiled at The Quail during Monterey Car Week on August 19."

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China EV Sales Forecast to Hit Record Six Million

09 Aug 2022 | Synopsis

"The China Passenger Car Association (PCA) has raised its estimate from 5.5 million, after releasing data showing deliveries of new-energy vehicles (NEVs) more than doubled in July to around 486,000 units - accounting for 26.7% of the new auto market.

"Overall, domestic automakers are grabbing a bigger slice of the NEV market. The main Chinese brands commanded 73% of NEV passenger car sales last month, up nine percentage points" YoY.

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