Axios Charlotte

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April 07, 2024

Good Sunday morning! It's Katie.

  • ☀️ Weather: 68 and sunny.
  • 🎂 Happy birthday to our Axios Charlotte members Vaughan Justice, Beth Warshauer and James Hoveland!

This newsletter is 667 words, a 2½-minute read

1 big thing: 🚘 North Carolina's big EV goals

A Tesla in a Manhattan dealership in January 2020 in New York City. Photo: Spencer Platt/Getty Images

State leaders announced last month that North Carolina is two years ahead of its goal of having 80,000 zero-emission vehicles on the road by 2025. That's a milestone for a state that just five years ago had 10,000 EVs on the road.

Why it matters: It's still a far cry from Gov. Roy Cooper's goal of 1.25 million EVs registered statewide by 2030.

The big picture: Governments and corporations are pushing hard for fast EV adoption to curb emissions amid dire warnings of climate change.

Context: The state and federal government have been focusing on two of the biggest hurdles to EV adoption — cost and infrastructure, says Peter Ledford, North Carolina's clean energy director.

  • The federal National Electric Vehicle Infrastructure (NEVI) program is investing about $110 million throughout the state in EV charging stations along interstates and in urban cores, Ledford tells Axios.
  • The federal government also offers a tax credit of up to $7,500 for the purchase of all-electric and plug-in hybrid vehicles.

Yes, but: Some states like California are offering additional tax rebates to help incentivize EV buying. North Carolina does not offer such credits.

What they're saying: "1.25 million EVs [in North Carolina] is bold and certainly an aggressive goal, but it's certainly in the realm of possibility," Ledford says. "[At our] current adoption rate, we are on track to be very close to that by 2030."

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2. ⚡️Biz lightning round

Photo: Andy Weber/Axios

The law firm Haynes Boone, which opened its Charlotte practice with three attorneys in 2019, is relocating offices in Uptown to a new, larger space in the Legacy Union SIX50 building "to accommodate regional growth, particularly in its finance practice." (Haynes Boone)

Asana Partners, the local commercial real estate investment firm, is moving its offices in South End from the 1616 Center to The Line. (🔒 CBJ)

Huntersville-based Atom Power has named Bharat Vats as its new president and CEO, effective immediately.

Hines, the global real estate investment manager, has acquired Blu South, a 75+-acre residential rental community underway at 920 Blu Central Rd. in Pineville. Units include three- and four-bedroom townhomes, single-family detached houses and duplexes. (Hines)

3. A big new cathedral

St. Patrick Cathedral in Charlotte. Photo: Courtesy of the Catholic News Herald

The Diocese of Charlotte plans to build a new facility to replace the aging St. Patrick Cathedral in Dilworth.

Why it matters: This is a years-long project for the diocese, which will likely spend tens of millions of dollars or more constructing a new cathedral to replace the iconic one on Dilworth Road East that was built in 1939.

Between the lines: With seating for about 350 people, St. Patrick Cathedral is no longer large enough to serve the growing diocese's needs," the Catholic News Herald reported.

By the numbers: Cathedrals built these days throughout the U.S. tend to seat between 1,000 and 3,000 people, according to the Herald.

  • Cathedral building costs and timelines can vary. In 2018, a $31 million cathedral in Knoxville opened after nearly three years of construction.

Zoom in: While the new cathedral will serve as the parish church in a new location in Charlotte, St. Patrick Catholic School will remain in its spot in Dilworth, says Liz Chandler, director of communications for the Diocese of Charlotte.

The intrigue: One approach the diocese is considering is selling the land in Dilworth and "repurposing the current Diocesan Pastoral Center location on South Church Street near uptown," the Catholic News Herald reported.

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🔥 The map in this story is fascinating: Airbnbs and similar offerings are booked solid in and around the path of totality for Monday's total solar eclipse.

  • My colleague Zach Eanes pointed out that if you look closer at North Carolina, you'll see a cluster in Raleigh, which is wrapping up a weekend to remember, between NC State in the Final Four and the Dreamville Festival.

This newsletter was copy edited by Amy Stern.