The electric vehicle charging company EVgo has secured conditional approval for a $1.05 billion loan from the US Department of Energy, the company revealed this morning. EVgo has applied to DOE’s Title 17 program, which exists to provide US Treasury-backed loans or loan guarantees for clean energy projects. If… Photo and Credits: This article is from Jonathan M. Gitlin and Read More
Refilling an electric vehicle (EV) battery takes longer than refilling a gas tank. This is good news for companies that sell EV chargers. A new study from the Massachusetts Institute of Technology found that “charging station openings increased annual spending at each neighborhood store by an average of about $1,500 in 2019.” Profits decreased to $400 per case. Photo and Read More
Quick facts about USB-C charging More user friendly, USB-C connection It allows for faster charging and data delivery, making it more convenient to use. USB-C connection More general In a new car. Apple devices The Thunderbolt 3 connection is compatible with… Source: www.kbb.com
Whether you’ve owned an electric vehicle for years or are still waiting for your first EV to leave the factory, you should consider investing in a Level 2 charger for your home. Most modern EVs come with a Level 1 charger. These are smaller, more portable, and tend to have slower charging speeds. Source: www.nytimes.com
The US government has secured funding to expand the country’s EV charging network. The Biden Administration announced today that $623 million in grants will help build more public chargers in communities and along major highways. The goal is to install at least 500,000 public chargers in the United States by 2030. One of the major problems in introducing EVs is… Read More
This article was updated in July 2023 with new products and information. This article will be updated regularly as needed. So, you bought your first electric car. So? Owning an EV is different from owning a vehicle in many ways, including: Source: www.caranddriver.com
More and more automakers are adopting Tesla NACS charging systems for their EVs. Tesla announced late last year that it would make its Supercharger technology available in non-Tesla vehicles, and several brands were quick to jump on the opportunity. of… Source: Cars Direct