19 Jan 2023 | Synopsis
"If the customer purchases the car outright, they would be eligible to apply for the $7,500 tax credit."There is a separate commercial clean vehicle credit available totaling $7,500 that vehicle leasing companies with models assembled outside of North American can qualify for, but they aren't required to pass that credit along to the leaseholder either.
"Volkswagen is currently advertising that it plans to voluntarily apply the $7,500 federal credit to leases of its new, fully electric ID.4..."
19 Jan 2023 | Synopsis
"One of the best ways to avoid or mitigate a recession, help families under the weight of inflation, and save government money is to invest in improving infrastructure for walking, bicycling and transit."Automobiles are the least spatially efficient vehicle - they move the fewest people per hour across roads..Subsidizing automobile use is effectively taxing the poor to support the more privileged..."
19 Jan 2023 | Synopsis
"Fossil fuel producers and their enablers are still racing to expand production, knowing full well that their business model is inconsistent with human survival...we know the ecosystem meltdown is cold, hard scientific fact.."The oil and gas industry's climate-wrecking expansion plans are made possible by generous funding from large financial institutions such as Citigroup, JPMorgan Chase, and Bank of America...pumped billions into fossil fuel projects over the past two years"
19 Jan 2023 | Synopsis
"'Subvertisers' hijack 400 posters in Belgium, France, Germany and the UK to satirise what they claim are misleading ads by carmakers."The posters were installed on advertising hoardings over the past few days in a series of guerrilla actions by activists from Subvertisers International, Brandalism and Extinction Rebellion.
"Brandalism said the pan-European subvertising actions were a call for greater government regulation of ?environmentally harmful products..."
19 Jan 2023 | Synopsis
Republican Gov. Glenn Youngkin told Ford to take its plan to build a massive, 2,500-job EV battery plant in the state and shove it."...what can best be described as a pissing contest with Florida Gov. Ron DeSantis over who can hurt their constituents more with meaningless virtual signaling, Youngkin rejected Ford’s plans for a lithium iron phosphate battery...DeSantis demanded the Republican legislature in Florida ban China from purchasing real estate..."
18 Jan 2023 | Synopsis
"..the researchers found that even with a switch to electric vehicles, more than half of low-income households would still spend more than 4% of income on transportation energy...That proportion rises to more than three-quarters if home charging is unavailable...to reduce these disparities, policymakers should subsidize charging infrastructure, work to reduce electricity costs, and make public transit, cycling, and car sharing more accessible"
18 Jan 2023 | Synopsis
"...revised terms in the Inflation Reduction Act signed by President Biden, federal tax credits have been extended and include revamped benefits for used EV purchases...as long as they fit certain criteria."Used EVs no see revised terms that offers a credit equal to 30% percent of the sale price (up to $4,000).
...revised terms outlined in the Inflation Reduction Act...enable the extension of federal tax credits for new EV purchases through the next decade."
18 Jan 2023 | Synopsis
"..designed and manufactured by US-based Kohilo Wind...the Wingardium [next generation of wind energy turbines arises from its] vision is for renewable energy that is clean, stable, on-demand, constant, and which can be operated via a ‘smart grid’ anywhere in the world."...Cyclone Vertical Axis Turbine...can produce both electricity and hydrogen...this simultaneous production of two energy forms, enables a constant power output regardless of wind speed."
18 Jan 2023 | Synopsis
"...MOU for strategic cooperation to help create safer deployment and use of battery energy storage systems (BESS) and electric vehicle batteries."Once achieving WTDP designation by UL Solutions, CATL will be entitled to conduct WTDP tests at its test facilities under the supervision of UL Solutions personnel.
"Both parties will also leverage their expertise to carry out in-depth cooperation in further exploring lithium-ion battery safety.."
18 Jan 2023 | Synopsis
Amogy claims its ammonia-based hydrogen fuel cell has a system-level energy density 5X higher than batteries."...total stored net electric energy' of 900 kWh simply means...enough ammonia on board to theoretically store 900 kWh, it doesn't mean 900 kWh will reach the motors. There'll be losses in the onboard ammonia cracking reactors...purification stages...use in the fuel cell...further losses at the fuel cell stage."
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