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In November 2013, the Texas Commission on Environmental Quality approved a rebate program to provide financial incentives up to $2,500 for the purchase or lease of new eligible vehicles powered by compressed natural gas (CNG), liquefied petroleum gas (LPG), or plug-in electric drive with battery capacity larger than 4 kWh, from a licensed dealer or leasing company. [2]
Jet Industries, Inc., located in Austin, Texas, was a company that sold battery electric vehicles during the late 1970s and early 1980s. The vehicles were converted from existing models from manufacturers such as Subaru, Mazda, Ford and Chrysler.
General Motors combined sales of plug-in electric vehicles passed 200,000 units in November 2018. The full tax credit will be available until the end of March 2019 and thereafter reduces gradually until it is completely phase out beginning on April 1, 2020.
Musk has said he plans to launch fully autonomous driving in California and Texas with Model 3 and Model Y test vehicles in 2025. Investors are sniffing out the money-making opportunity.
Infinitum Electric, which makes electric motors, ... A Central Texas-based motor company is looking to expand its workforce and footprint in Austin and Mexico on the back of raising $185 million ...
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