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Media post: The Future of Electric Vehicles Trends Challenges and Opportunities in the Automotive Industry

Best Selling Cars Blog

Additionally, the ethical concerns surrounding the mining of cobalt and other materials are pushing manufacturers to seek alternative sources or synthetic solutions, which require further investment and innovation. The reliance on a few countries for these materials exposes the industry to supply chain disruptions.

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What state should I buy a car from?

Shawn Ryder

Incentives and Rebates: Be aware of state-level incentives for hybrid or electric vehicle purchases, which can impact your overall cost. The extensive network of dealerships allows buyers access to various vehicles without high overhead costs. Additionally, the extensive market means a diverse range of vehicles is available.

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The time is right for government EV incentives.

Motor Trader

This shortfall could result in penalties for car manufacturers and increased vehicle prices for consumers. The Society of Motor Manufacturers and Traders (SMMT) has called for new measures, including reducing Value Added Tax (VAT) on new EV purchases and aligning public charging VAT rates with home charging to boost demand.

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What happens to old hybrid car batteries?

Drive.com

Used hybrid car batteries that are acquired by various dealer networks are sent to recyclers either offshore or domestically, where their materials are separated, either to be reused again or disposed of responsibly. Yes, old hybrid car batteries can be recycled in a similar manner to electric car batteries.

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10 Questions to Ask Before Buying an Electric Car

Car Examer

Look into whether there are grants or rebates for buying an EV or installing a home charger. Most manufacturers offer warranties on the battery that last several years, but it’s worth knowing the details. Make sure the charging network in your area is solid. Are There Any Incentives or Grants? What Will It Cost to Run?

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How is the Used EV credit applied?

Shawn Ryder

State Incentives: Some states provide additional rebates or credits to further incentivize used EV purchases. Public Charging Availability: Depending on your driving patterns, check local charging networks to determine if public options are accessible. Its essential to research local programs that may complement the federal credit.

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Striking a balance

Canadian Auto Dealer

I was interviewed by the CBC recently for a story focused on what might seem to be competing goals: On the one hand, protecting domestic automotive manufacturing in Canada; on the other hand, supporting the drive to go green and reduce our reliance on fossil fuels. Is there a balance that can be struck — and if so how? Too soon, gang.

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