Laura Bass – The Money Circles

General Motors is set to increase its investment in electric vehicle charging infrastructure by about three-quarters to about अ 1 billion, to lure drivers who are unlikely to have EV charging availability. The automaker has said it will spend about $ 750,000,000 by 2025 to create more access to public, home and work chargers. The investment has significant implications for GM's Ultimate Charge 360 project. This is not the first time GM has invested in charging. The automaker last year announced a partnership with popular charging network company Evgo to install more than 2,700 DC fast chargers in five years. The availability of charging in the service is consistently cited as people are reluctant to transition to an electric vehicle. A recent consumer report survey found that n...

WASHINGTON - The promise of a public service debt waiver program was supposed to be simple. If college graduates are willing to leave the lucrative salary in the private sector to work as teachers and police officers or government employees, any of their federal student loans will be waived after 10 years of payment. The program has proven nothing but forgiveness. More than a decade after it was founded in 2007, thousands of borrowers have applied for the waiver. The federal government has denied almost all of them. That should change since this fall. The Department of Education on Wednesday announced a major overhaul of the debt waiver program that would quickly eliminate ,000 1.7 billion in debt from 22,000 borrowers. The government estimates that about ,000 2.8 billion in d...

Author: Laura Bass

GM is increasing its investment in charging infrastructure to build trust in EVs

Student loan waiver: half a million people to benefit from the repairs, some immediately