The Source for Multinational Fleet Professionals
The law, which the Biden administration considers critical for U.S. economic growth and security, excludes critical battery components from China, Russia, and other “foreign entities of concern.”
Part of a $105 million investment, the program aims to bridge the cost of transitioning fleet passenger, light commercial or sports utility vehicles to models powered by electric batteries or fuel cells.
Nissan approves the first bi-directional charger for use with its Nissan LEAF models in the U.S. The Fermata Energy FE-15 charger allows business owners to utilize their Nissan LEAF to help reduce energy costs.
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.
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.
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.
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.
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.
The latest research from global technology market analyst Canalys reveals 4.2 million electric vehicles (EVs) were sold worldwide in the first half of 2022, up 63% on the first half of 2021. China leads the world in EV market growth, while Europe and the U.S. struggle with supply strains.
Based at Lucid’s Arizona manufacturing and logistics facility, David's responsibilities will encompass supply chain, logistics, manufacturing, and quality.
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