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CleanTechnica•4 months ago

•Melbourne-based startup Applied EV secured AU$40 million in funding to advance its autonomous electric vehicle (EV) development.
•This significant investment signals the emergence of new EV manufacturers in Australia, indicating future growth in electricity demand and potential for large-scale EV fleet operations.
•For developers and large power consumers, this trend points to increasing demand for charging infrastructure, grid integration solutions, and energy services to support EV adoption.

storage

CleanTechnica•4 months ago

•Hundreds of thousands of lightly used electric vehicles (EVs) are projected to enter the US market soon, significantly increasing EV availability.
•This influx is primarily driven by the Inflation Reduction Act (IRA) of 2022, specifically its extended and upgraded federal EV tax credits, likely including provisions for used EVs.
•The surge in affordable used EVs will accelerate overall EV adoption, leading to a substantial increase in electricity demand across the grid.

storage

CleanTechnica•4 months ago

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