By Kelley R. Taylor From Kiplinger’s Personal Finance When the Inflation Reduction Act passed in 2022, it ushered in an electric vehicle tax credit worth up to $7,500. This EV tax credit has caused some confusion ever since partly because of the rules on price limits as well as the manufacturing, sourcing and assembly of…
Electric Vehicles Spark Rush to Train 100,000 Australian Mechanics
Lift the bonnet of an electric vehicle (EV) and it might seem like something is missing. Electric cars have no transmission, fuel pump, head gasket or spark plugs, and fewer moving parts overall. The changes are stark enough to strike even a casual observer and could easily stump a home mechanic or panel beater but…
Electric Vehicle Companies See Fall in Demand Due to High Costs and Supply-Chain Problems
American electric vehicle (EV) start-ups are dealing with falling demand, as buyers look elsewhere, or put off purchases entirely. High costs, quality-control issues, and supply-chain problems are taking a toll on the EV sector, according to the latest quarterly reports. Several EV companies reported a declining interest for some of their latest vehicles, while production…
Electric Vehicle Companies See Fall in Demand
American electric vehicle (EV) start-ups are dealing with falling demand, as buyers look elsewhere, or put off purchases entirely. High costs, quality-control issues, and supply-chain problems are taking a toll on the EV sector, according to the latest quarterly reports. Several EV companies reported a declining interest for some of their latest vehicles, while production…
Sydney Rolls Out New Type of Charging Station to Boost Electric Vehicle Adoption
The Australian city of Sydney has launched the first pole-mounted electric vehicle (EV) charger as part of a plan to improve Australia’s electric vehicle adoption by installing 30,000 similar stations across the country. Electricity distribution company Ausgrid, charging infrastructure firm EVX and the City of Sydney unveiled the new EV charger on Feb. 27. The…
Electric Cars to Become Affordable in UK by 2030 as Second-Hand Market Grows, Expert Says
A prominent motoring journalist has said that the price of buying an electric car will fall between now and 2030—when the government plans to ban the sale of new petrol and diesel cars—as the second-hand market grows. Richard Ingram, editor of carbuyer.co.uk and drivingelectric.com, told The Epoch Times: “Ultimately, I think we need to bide…
Economics of Electric vs. Gas Vehicles
Besides buying a house, the average person’s biggest purchase is a car. So when you go to make that large purchase, shop around. Many factors, like cost, maintenance, gas mileage, depreciation, etc., are considered. You want the best deal that will make sense financially. Electric vehicles (EVs) have been in the news and are touted…
Virginia Senate Kills Proposal to Repeal the Use of California’s Emission Rules
A Virginia Senate committee has killed a proposal backed the Republican governor that sought to repeal the state’s adoption of California’s vehicle emission standards which promoted zero-emission vehicles over fossil fuel ones. In 2022, the California Air Resources Board (CARB) introduced a rule requiring a ban on the sale of fossil fuel vehicles starting in…
Ford Halts Production and Shipment of Electric F-150 Lightning Pickup Due to Battery Failure
Ford Motor Co. halted the production and shipment of its F-150 Lightning electric pickup after it discovered a potential battery failure during pre-delivery check up inspections. The news of the suspension in deliveries of the automaker’s electric vehicle (EV) version of its classic pickup truck was first announced on Feb. 14 by Motor Authority. “We are…
PREMIERING 3 PM ET: Reparations for Slavery: Who Do You Think Should Pay for It? | The Larry Elder Show | EP. 124
In 2020, California Assembly Bill 3121 established a Task Force to Study and Develop Reparation Proposals for African Americans. The task force, which consists of nine members, has met over the last year to discuss appropriate reparations for the state. Nina May, founder and chairman of the Renaissance Women, who produced and directed the award-winning…
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