Search Results Found For: "tax credit"

Bidirectional Act to promote electric school bus V2G applications introduced in Senate

Bidirectional electric school buses are such a good idea, they almost sound too good to be true. School buses represent a perfect use case for V2G technology, revenue from providing grid services can help defray the costs for school districts, and protecting schoolchildren from diesel fumes is a worthy goal that should be popular on… Read more »

DC proposes extra fees on heavy vehicles—including EVs

The proliferation of supersized vehicles has caused or exacerbated a number of problems—not only do large pickups and SUVs spew more air pollution than smaller vehicles, but they are more likely to kill or injure pedestrians and cyclists, and they increase road wear. Several European jurisdictions have enacted measures to address “truck bloat.” In France,… Read more »

Overlooked gems in Tesla’s Q4 earnings call

Tesla’s latest earnings report was loaded with good news: the company’s sixth straight quarter, and first full year, of profitability; increased sales ($31.5 billion in 2020, compared to $24.6 billion in 2019); a healthy cash position ($19.4 billion as of year-end, compared to $6.3 billion at the end of 2019); and plausible plans for steady… Read more »

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New Jersey set to enact a raft of pro-EV measures

Pending legislation in New Jersey will make it one of the country’s most EV-friendly states, establishing new purchase incentives and investing substantial amounts in charging infrastructure. Assembly Bill 4819 and companion Senate Bill 2252 have been passed by their respective committees, and are expected to be signed into law this week. The legislation creates a… Read more »

Proterra CEO: Electric buses are close to inevitable

The economic case for electric transit buses has become a no-brainer, Proterra CEO Ryan Popple told Bloomberg in a recent interview. The energy cost of a typical e-bus is about 20 cents per mile, compared to about 75 cents per mile for diesel. The up-front costs for e-buses are substantially higher, but Proterra recently introduced… Read more »

Is Workhorse’s deal to buy Lordstown plant from GM to build electric pickup too good to be true?

News travels by strange paths these days. The world first learned of a tentative deal for electric truck maker Workhorse to buy GM’s idled Lordstown, Ohio plant via a self-congratulatory tweet by the President of the US. If the deal goes through, it could be a win-win-win-win: Workhorse might receive a windfall like the one… Read more »

Honda and GM partner to develop next-gen battery

GM and Honda have agreed to develop new battery chemistry components in order to hasten their plans for future all-electric vehicles. They seek to improve power density, packaging size, and charging capabilities for their up-and-coming EVs. Honda intends to source the new modules from GM in the future. This is not their first partnership; they… Read more »