Search Results Found For: "ev tax credit"

Biden’s EV plan includes $100 billion in purchase rebates and $15 billion for charging stations

Details of the Biden administration’s $174-billion proposal to boost EV adoption are slowly beginning to leak out. According to a Transportation Department email message seen by Reuters, the plan calls for $100 billion in new consumer rebates, $15 billion to build 500,000 new charging stations, $20 billion for electric school buses, $25 billion for zero-emission… Read more »

President Biden’s infrastructure plan includes $174 billion for EV programs

President Biden’s next priority is a massive infrastructure bill, and e-mobility is very much a part of the plan to upgrade and modernize the country’s transportation system. The administration is going big. “The American Jobs Plan will invest in America in a way we have not invested since we built the interstate highways and won… Read more »

Volvo XC40 Recharge and Polestar 2: EV cousins offer different takes on “premium”

You might not know it to look at them, but these two cars—one Swedish, one Chinese—share underpinnings and a parent company. Volvo and its Chinese parent Geely are very serious about selling cars that plug in. Starting in 2016, the Swedish brand has included plug-in hybrid versions of pretty much every new vehicle it sells… Read more »

2022 Bolt EUV model that Chevy calls an SUV joins an updated Bolt EV priced from $31,995

For 2022, the Chevrolet Bolt lineup will expand from one to two models, with a new, so-called SUV version added alongside the original hatchback. Importantly, the Bolt siblings will take on a new role as the most affordable entries in a lineup of Chevrolet electric vehicles expected to grow significantly by 2025. Chevy dubs its… Read more »

Volkswagen ID.4 and Nissan Ariya bring EV drive to compact crossovers…chasing Tesla Model Y

Can new electric entries in a hugely popular segment convince US buyers to buy EVs from Nissan and VW as family vehicles? Two new battery-electric models from major global car brands are about to bring electric cars into a category where they’ve been notably absent: family crossover utility vehicles. The 2021 Volkswagen ID.4 and 2022… Read more »

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 »

Senator Schumer proposes $454 billion in new funding to promote EVs

US Senator Chuck Schumer (D-New York), the current Senate Minority Leader, has proposed a plan that would invest $454 billion over 10 years to help the US auto industry accelerate the transition to electrified vehicles. Schumer’s plan would provide rebates of $3,000 to $5,000 (plus another $2,000 for low-income buyers) for owners of gas vehicles… Read more »