Biden tax credits aim to jolt electric delivery truck demand

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The United States will introduce incentives on Jan. 1 for delivery firms and other companies to switch to electric trucks as part of a broad push to get polluting, workhorse vehicles off roads and out of neighborhoods.

Those tax credits can be combined with voucher programs in California, New York and other states that are spending billions of dollars to convince companies to switch to zero-emissions vehicles. The IRA's commercial EV credits do not haveThe U.S. transportation sector, which includes large and small trucks, buses and airplanes, accounts for more than one-third of the planet-warming greenhouse gases produced in the United States.

Incentives should help bring EV sticker prices closer to parity with traditional gas-powered vehicles, experts said. That will "help level the playing field for electric vehicles," said Ben King, associate director at Rhodium Group, a research firm., this year predicted that IRA tax credits would have a "dramatic impact on the adoption of EVs."

More commercial EV purchases should lower manufacturing costs and vehicle sticker prices - which should attract even more buyers, experts said., which has Amazon-branded EVs rolling on streets in more than 100 U.S. cities. Amazon in an email told Reuters it expects the IRA to "transform our collective approach to reducing carbon emissions across sectors."

"We're already hearing from customers that they're excited about this," said Travis Katz, CEO of General Motors'

 

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😂😂

Waste of energy.

I won’t wait 3 hours to charge my car

RWMann like i said, only have seen one here - UPS/FedEx continue to rely on ICE vans

Keep cheerleading for Biden. Worst president ever. Any update on the border?

Does president Biden understand that electric vehicles need a lot of electricity to operate them? Where is that going to come from? Any plans...?

How about a report on the tax EV drivers need to pay because the state isn’t collecting the gas tax for those EVs LOL

Urgent relief is here before it's too late to save the girl

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