Speaker: Jake Brooks Topic: Achieving reliability in a Net Zero Ontario electrical grid. Time: Jan 22, 2025 13:30 Eastern Time (US and Canada) Summary: Although low carbon sources of bulk […]
Don’t Give Up on the Electric Car Dream
As the COP28 meeting in Dubai concluded last month, those of us involved in efforts to fight climate change desperately looked for evidence that countries will finally take the climate […]
Businesses and Local Governments: It’s Never Been a Better Time to Electrify Your Vehicle Fleet
Recent analysis by RMI highlights that electric vehicles (EVs) are now more cost-effective than gas-powered vehicles for fleet operations. With declining battery costs and federal incentives, electrification is a financially viable option for both private and government-owned fleets. The analysis shows that EVs can achieve a 9% lower total cost of ownership compared to fossil fuel vehicles, even when charging infrastructure costs are considered. Additionally, switching to EVs significantly reduces emissions and pollution.
EV chargers attract customers to nearby businesses
A study from MIT published in Nature Communications reveals that electric vehicle (EV) charging stations can significantly benefit local businesses. By analyzing data from California, researchers found that businesses near EV chargers experienced increased sales compared to those without them. Despite the high costs of installing these chargers, the potential for increased business revenue provides strong incentives for both businesses and governments to invest in EV infrastructure.
A study indicates that EV chargers attract customers to nearby businesses
A study from MIT highlights the positive impact of electric vehicle (EV) charging stations on local businesses. It demonstrates that businesses near these chargers experience increased sales, making the case for investing in EV infrastructure. The findings suggest that as EV adoption grows, so too could the economic ecosystem surrounding them.
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