It’s official: Colorado has the country’s most generous electric vehicle tax credit available to all residents.

On July 1, the state’s incentive jumps from $2,000 to $5,000 for any electric vehicle with a starting price of less than $80,000. Data from the U.S. Department of Energy show that’s larger than any state-level discount on battery-powered cars.

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WASHINGTON/DETROIT, June 28 (Reuters) - President Joe Biden's administration on Wednesday said it intends to invest $2 billion from last year's Inflation Reduction Act to accelerate domestic manufacturing of electric vehicles and resuscitate plants that are struggling.

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Mary Barra and Elon Musk may be intense business rivals, but they sounded like old pals as they chatted on Twitter this month about a deal that could help remove one of the biggest barriers to electric vehicle ownership: not enough chargers.

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At the end of last year, nearly 5,500 full-size zero-emission transit buses were on the road, on order or funded in the U.S., a 66% increase over the previous year.

Including the newly announced grants, the investments from the 2021 infrastructure law now total “more than $3.3 billion in American transit buses and the infrastructure that supports them over two years of funding,” said White House Senior Advisor and Infrastructure Coordinator Mitch Landrieu during a White House press call on Thursday. Landrieu added that the grants also “put money into training the...Read More