EV adoption

EV Tax Credits Seek to Boost Commercial Electric Truck Adoption in U.S.

New electric vehicle (EV) incentives set to go live in the U.S. on January 1, 2023, will seek to boost commercial electric truck adoption and demand in the U.S. by offering tax credits of $7,500 or $40,000, depending on the size of the vehicle, to companies — reports Automotive News. These commercial incentives, the first […]

Global EV Sales Could Hit 145 Million By 2030 Says OECD Policy Advisor

According to a statement from the International Energy Agency (IEA), electric cars, buses, vans, and heavy-duty trucks are estimated to reach 145 million globally by 2030, as reported by CNBC. Many authorities around the world are working to incentivize the adoption of EVs, though barriers still remain in several markets. The number comes from the […]