Biden, automakers face cultural divide on U.S. push for EVs

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Teri Viswanath, an power economist at rural cooperative financial institution Cobank ACB, has been skeptical of efforts to shut the divide, however mentioned Ford Motor Co.’s new F-150 Lightning — and the same General Motors mannequin on the best way — could possibly be a “game-changer.”

“By way of EV gross sales, the query was, ‘Would you want a Tesla, or would you want a Tesla?” she mentioned. “And that’s not going to fly with a whole lot of patrons.”

It’s not simply that the Ford F-series is the preferred mannequin within the U.S., she mentioned. With a battery 31 p.c bigger than the flagship Tesla Mannequin S, the F-150 may additionally supply transportable energy for rural residents working away from the grid or who expertise disproportionate variety of energy outages. Viswanath mentioned the administration ought to focus not simply on extending EV freeway corridors, but additionally on the 80 p.c of charging that occurs in properties.

However charging infrastructure is only one facet of the inducement equation. So, Biden can be pushing a $12,500 tax credit score for brand spanking new EVs — a rise from the present credit score of as much as $7,500 — as a part of his signature “Construct Again Higher” laws.

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