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Tag: grow

EV Market Expected to Grow Despite End of $7,500 Tax Credit, Says Former Tesla Exec

Jon McNeill, former Tesla president of global sales and service and current GM board member, said the U.S. electric vehicle market can continue expanding even after the federal $7,500 EV tax credit expired. Speaking to CNBC, McNeill said that broader availability of models and more affordable options will sustain consumer interest. “There are now 65 … Continue reading “EV Market Expected to Grow Despite End of $7,500 Tax Credit, Says Former Tesla Exec”

$14B in EV, renewable projects scrapped as tax credit fears grow

Rendering: FREYR More than $14 billion in US renewable and EV investments and 10,000 new jobs have been scrapped or put on hold since January, according to a new analysis from E2 and the Clean Economy Tracker. The reason: growing fears that the Republican-majority Congress will pull the plug on federal clean energy tax credits. … Continue reading “$14B in EV, renewable projects scrapped as tax credit fears grow”

Diesel demand drops while commercial EV, electric semi markets grow

In this special vacation episode of Quick Charge, we explore the historic dive in global diesel demand, and whether it’s being caused inflation and a slowing economy or the rapid rise in EV sales displacing millions of gallons of oil demand. In this episode, we’ll focus on the rapid growth of the commercial EV market … Continue reading “Diesel demand drops while commercial EV, electric semi markets grow”