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Electric vehicles a boon for Nevada’s economy, workers and environment, say groups • Nevada Current

Electric vehicles a boon for Nevada’s economy, workers and environment, say groups • Nevada Current
Nevada has pulled in $15 billion in private investment in electric vehicle and battery production, creating more than 12,000 jobs, according to an analysis by the Environmental Defence Fund.

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Electric vehicles are making a significant impact in Nevada, with new models and federal incentives driving the shift away from gasoline-dependent transportation. The push for widespread electric-car adoption by President Joe Biden could be a boon for the state economy, creating high-paying union jobs and billions in infrastructure investments. Nevada has pulled in $15 billion in private investment in electric vehicle and battery production, creating more than 12,000 jobs. The state also ranks fifth in the country for new investments in electric vehicle and battery manufacturing, with about 45,000 registered electric cars on the road. Investments in infrastructure for electric vehicles have been spurred by $27 billion in federal, states, and local investments nationally. The growth of charging infrastructure could create more than 160,000 jobs by 2032, with about 50% of those jobs being electrical installation, maintenance, and repair jobs. Nevada is also on track to receive $38 million from the National Electric Vehicle Infrastructure (NEVI) program, funding that will pay for even more charging stations in the state. The state is also aiming to achieve net zero emissions by 2050, a goal that will require electric vehicle buy-in. With 37 EV models available in Nevada for less than the average new vehicle purchase price of $48,000, electric vehicles are becoming more affordable. Electric vehicle owners can receive as much as a $7,500 federal tax rebate on a new EV or $4,000 for a used one.

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