EVCS Secures Credit Facility with Macquarie Group (Newswire)
We recently employed PR firm Firecracker to help us get the word out about all of the wonderful things EVCS is doing to make an all-electric future a reality. One major step toward this goal was our securing a credit facility that would allow for accelerated expansion of EV infrastructure, giving us confidence that the financial support required would be available when we needed it. Our PR team then went to work, drafting the following press release that outlines the particulars of this momentous achievement:
READ MOREAnalysis of Biden’s Infrastructure Plan
President Biden finally held his first official press conference last Thursday, March 25th, wherein he addressed his $2.2 trillion infrastructure bill, albeit from a high level that was light on details. What we do know is that the legislation will include $174 billion dedicated specifically to incentivizing EV manufacturing, the building of charging networks, tax credits for EV purchasers, and the development of alternative fuel technologies. The goal, Biden says, is to have a minimum of 500,000 EV charging stations installed across the country by 2030.
READ MOREWhat Volvo’s Announcement Means to Us
Recently, Volvo made a stunning announcement: it has committed to selling only battery-powered EVs by 2030. Not just in Europe, mind you. Everywhere. The news comes on the heels of recent automaker reports showing a surge in worldwide EV sales and the official unveiling of Volvo’s second BEV this past Tuesday – the C40 Recharge crossover coupe. (The XC40 introduced in 2018 was the first.) See more details in the article here: https://www.newsmax.com/Finance/streettalk/volvo-electric-vehicles-ev-online/2021/03/02/id/1012158/
READ MOREGREEN Act Delivers for EV Enthusiasts
The Biden Administration and fellow Democrats in Congress continue to lead the green energy charge, which is creating resounding benefits for the EV industry as a whole. The latest is the aptly named Growing Renewable Energy and Efficiency Now, or GREEN, Act (you gotta love those clever acronyms!) sponsored by Representative Mike Thompson (D-CA-5). Earlier this month, the House Ways and Means Committee introduced the bill as a way to advance an agenda centered on achieving greater levels of sustainability, and we were pleased to see several provisions included that would further encourage EV adoption.
READ MORE2020: A Year in Review
Two thousand twenty has been a year of undeniable adversity, but also one of remarkable achievement. A year of firsts and hopefully a few lasts. A time of toil and tribulation, but also of triumph. For genuine success is partly defined by our ability to hurdle those implacable obstacles that make the result so noteworthy in the first place. Now, as the EVCS team looks back on this unusual year, we take stock of our unique achievements that made 2020 one for the books.
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