Texas’s Hefty Registration Fees For Electric Vehicles
Earlier this month, Texas Governor Greg Abbott signed SB505 into law, implementing a $200 annual fee for electric vehicles registered in the state. It costs the average gas-powered car owner $50 to $54 in the state of Texas to register their vehicle annually. The…
Slow Fundraising Adds Urgency To PE’s Retail Push; European EV Investments Up
When TPG Inc. announced May 15 that it agreed to a $3 billion deal to acquire investment firm Angelo Gordon & Co. LP, the listed private equity firm touted the addition of a $55 billion credit business to its portfolio, increasing its…
ELECTRIC CITY BUS SALES OVERTAKE DIESEL IN EUROPE
For well over one hundred years, the internal combustion engine has reigned supreme over our roads. For one small but significant transport sector, the humble city bus, its reign has neared its end. The most recent quarterly sales data for…
Exploring The Global Marine Electric Vehicles Market 2023-2032
The global marine electric vehicle market will reach USD 4.2 billion in 2022. Looking ahead, AMR Group expects the market to reach $7.2 billion by 2028, with a CAGR of 9.3% from 2023 to 2032. Marine electric vehicles (EVs) are zero-emission…
Electric Vehicle Problem ‘Can Be Resolved Within’ Brexit Deal
Downing Street has said problems for the British car industry over a Brexit deal deadline can be resolved within the Trade and Co-operation Agreement (TCA). Business Secretary Kemi Badenoch and UK officials have raised the issue with counterparts in Brussels…
How Almost Any Electric Vehicle Can Qualify For The $7,500 EV Tax Credit
When new requirements for the EV tax credit took effect in April, the number of electric vehicles that qualified for the $7,500 tax break dropped dramatically. Right now only about a dozen cars, mostly from US automakers, are on the IRS’ official list. But…
Say Goodbye To The US Car Market As We Know It: Cheap Chinese EVs Are Coming
After years of preparation, Chinese car companies are poised to upend the US electric-vehicle market. Industry watchers say it’s only a matter of time before Chinese automakers bring their impressive — and importantly, inexpensive — electric cars to the US. After years…
Over Half Of American States Charge EV Owners Extra To Register Their Vehicle
Part of the fee one pays when fueling with gasoline or diesel is a tax on maintaining infrastructure. As electric vehicles get to skip the pump, some states are doing what they can to recapture that lost revenue. Across the nation, at least 32…
MINI Is Teasing Its Incoming EV, And We Want One
A few weeks ago, BMW announced its 2024 lineup of the Mini Cooper. Customers will have the option to choose seven models with manual transmissions. Beyond that, BMW also unveiled three electric Mini Cooper models that will be available next year….
Most US Dealers Don’t Have Any EVs & Almost Half Refuse To Sell EVs
A new Sierra Club report finds that 66% of car dealers in the US simply don’t have any electric vehicles (EVs) to sell. Added to this, 45% of dealers said they’re unwilling to sell them, regardless. If we really want…
