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With so many EVs now on the road, businesses are concerned that this could lead to EV charging fraud. This is where vehicles other than company cars or vans are being charged. The costs are then passed on to employers, resulting in bills potentially costing substantial amounts per employee.
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This week's State of the Fleet Industry video talks about where users are charging their EVs, whether it's home or at a public charging station, and a study issued by J.D. Power regarding public infrastructure.
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The only EVs eligible for the tax credit are those assembled in North America. Another condition requires batteries be built with rare earth metals that are extracted or processed in a country where the U.S. has a free trade agreement.
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An iseecars.com study finds electric car prices saw an increase of 54% in July from the same month last year while gas-powered cars were up just 10%.
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The fast charging network will span 6,600 kilometers (4,100 miles), stretching from the city of Kununurra in the far north of the state, to Esperance on the southern coast, and to Eucla, the state’s most eastern section along the Eyre Highway.
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IARA Summer Roundtable: Electrification expert Kristin Slanina supercharged the annual consignors and remarketers conference with a step-by-step hopeful outlook for adopting, using, and reselling EVs.
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STEER, a wholly owned subsidiary of Facedrive Inc., views the deal as key to facilitating its growth, supporting its U.S. expansion and furthering the platform’s position in the EV subscription market.
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IARA Summer Roundtable: The International Automotive Remarketers Alliance recently found far more questions than answers on how to value and handle the coming wave of used electric vehicles.
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If Automotive Fleet readers are to be believed, then yes, the push to EVs is an overhyped political strategy and not a realistic endeavor for today's fleet, commercial, and private markets.
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The Inflation Reduction Act changes the availability of electric vehicle tax credits to only those assembled in North America. Several popular EVs — Hyudai Ioniq 5, Kia EV6, and BMW — i4 aren't eligible.
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