NETS Hybrid Conference ~ October 5-6, 2022 — Agenda Now Available
Mark your calendar! Plan to join NETS on October 5 & 6, 2022 at the beautiful Marriott at Eagle Crest, Ann Arbor, Michigan
NETS annual STRENGTH IN NUMBERS® Benchmark Conference convenes each year to bring together Global, Corporate, Government, and Non-profit employers.
Check out the Conference Agenda
Here’s Why Most EVs and Plug-In Hybrids no Longer Qualify for Tax Credits
August 28, 2022 - Almost all import brand electric and plug-in hybrid vehicles immediately lost their federal clean vehicle tax credit incentive eligibility when President Biden signed the Inflation Reduction Act, according to the IRS. It strips buyers of a credit that could put up to $7,500 back into their pockets at tax time.
Under the new ruling, eligible buyers need to select a vehicle that was assembled in the U.S. and has 50 percent of the battery components coming from the U.S. Moreover, 40 percent of the battery’s “critical materials” should also come from North America or nations that have in place free trade agreements with the U.S.
As of now, the non-American car models that are still eligible for the tax credit are Mercedes-Benz EQS, BMW X5 PHEV, BMW 3 Series PHEV, Nissan Leaf, Audi Q5 PHEV, and Volvo S60 Recharge.
SKILLS Driving Simplifies Complex Fleet Safety Training
By Ed Pierce, Fleet Management Weekly Contributing Editor
Driver safety is the top priority of any fleet manager.
With so many drivers on the road operating a variety of vehicles, it can be a challenge for companies to ensure all of their drivers have the knowledge and skill required to drive safely at all times, especially for those with drivers in multiple locations across the US or spanning the globe.
A burgeoning fleet driver training company, SKILLS is based at the Texas Motor Speedway outside of Dallas-Fort Worth, but is focused on making it easy to educate fleet drivers anywhere in the world.
Learning safe driving techniques, becoming a defensive driver, reducing preventable incidents, SKILLS can help any business with fleet vehicles reduce the company’s liability exposure and insurance costs while keeping its drivers safe.
Used Electric Car Prices Jump 54%, Far Outpacing Gas-Powered Models
August 25, 2022 - Supply chain disruptions and component shortages have left automakers high and dry with new vehicle production, leading to inventory shortages and rising prices. That pushed demand onto the used market, where prices have grown steadily for months.
A recent study from iSeeCars found that used car prices remain elevated but have shown signs of slowing their ascendancy. Even so, prices of used electric cars increased dramatically in July, with a 54.3% gain over the same period last year.
Price increases had slowed for the first three months of the year and continued for gas vehicles through June. Starting in April, used EV prices outpaced their gasoline counterparts by a large margin, thanks to Russia’s invasion of Ukraine and subsequent spikes in gas prices.
Predictive Analytics Can Increase Vehicle Uptime by 25%
Predictive analytics can harness the data that your fleet has already captured and increase vehicle uptime by 25%.
Find out more at Pitstopconnect.com.
