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Category: Incentives (Page 1 of 4)

The NYC area is seeing an explosive growth in electric vehicles

NY Times »

While the earliest purchases of electric vehicles were mostly in affluent areas, over the past two years there has been explosive growth in ownership in moderate-income counties around the city — including Orange County, N.Y., where Mr. Sibley, a sound engineer, found his Bolt for $21,000.

Various factors are propelling drivers in New York, New Jersey and Connecticut to convert to electric: more varied models, including trucks and S.U.V.s; more public charging stations; and significant government incentives. And for the first time, the prices of some electric cars are competitive with those of gas-powered vehicles — without the expense of gas.

Yet there is also hesitation. Some drivers have concerns over the vehicles’ range. It can be hard to lay hands on an electric vehicle because carmakers cannot keep up with demand. And while electric vehicles have become cheaper, they still cost about $60,000 on average.

Some USA-based Tesla chargers to be open to other EV brands by the end of 2024

The White House issued long-awaited final rules on its national electric vehicle charger network that require the chargers to be built in the USA, and with 55 percent of their cost coming from U.S.-made components by 2024.

The Biden administration has worked diligently on the new rules. After nearly eight months of debate, the White House this will jump-start the biggest transformation of the U.S. driving landscape in generations.

Companies that hope to tap $7.5 billion in federal funding for the EV charging network must also adopt the dominant U.S. standard for charging connectors, known as “Combined Charging System” or CCS; use standardized payment options; a single method of identification that works across all chargers; and work 97 percent of the time.

Tesla plans to incorporate the CCS standard and make other changes to its proprietary network that limits which EVs can use the Superchargers.

Tesla has made these changes in other parts of the world – Europe, China, for example – since at least 2021, and there is no logical reason this cannot be incorporated anywhere else.

The Guardian ::

The White House is partnering with Tesla to expand electric vehicle charging infrastructure in the US, with the company opening at least 7,500 of its chargers to all electric vehicles (EVs) by the end of 2024, the White House announced on Wednesday.

Axios ::

Tesla’s agreement to open part of its proprietary car-charging network to drivers of other brands should make it far easier for electric vehicle (EV) owners to charge away from home, potentially accelerating adoption.

Highlights as spelled out by the White House ::

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EVs could cost less than dinosaur-juice powered cars by the end of this year (2023)

Jack Ewing of The New York Times, makes the case that increased competition, government incentives, and falling prices for lithium and other battery materials are making electric vehicles more affordable, and could soon be on a par with more internal combustion (ICE) cars. Perhaps even by the end of 2023.

The battery-powered version of GM’s Equinox crossover, for example, will start around $30,000 when it arrives this fall, the carmaker has said. That is $3,400 more than the least expensive gasoline-fueled Equinox. But factoring in government incentives, the electric Equinox should be cheaper. Like all electric vehicles, the car will need less maintenance, and the electricity to power it will cost less than the gasoline used by its combustion engine equivalent.

The article also makes the point that the EV will require less maintenance, and “the electricity to power it will cost less than the gasoline used by its combustion engine equivalent.”

Read More :: Seattle Times

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