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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

In 1990, a CO2 tax was implemented and the country began to focus on establishing a greener transport system by promoting Norwegian EV production and adoption. Let’s take a look at the Volkswagen Golf versus the Volkswagen e-Golf as an example of how the tax scheme works in practice. Investing in Infrastructure.

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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The private equity round was led by GSR Ventures, a venture capital firm with more than $1 billion under management that invests primarily in early stage and growth stage technology companies with substantial operations in China. GSR Ventures has offices in Beijing and Silicon Valley. Reorganizing. Purcell, Jr., Earlier post.).

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US Utilities Pledge to Ramp Up Efforts To Make Electricity a Crucial Transportation Fuel

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The pledge represents a culmination of efforts by Edison Electric Institute (EEI) member companies to survey the current state of electric transportation initiatives among utilities, evaluate how those initiatives fit in with the overall goal of advancing transportation electrification and determine what more is needed. Earley, Jr.,

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Kentucky-Argonne Partnership to Help Build US Advanced Battery Industry

Green Car Congress

Kentucky has an experienced auto industry-related workforce, and the region is within 500 miles of more than 4,800 auto-related vehicle manufacturers, including 69 vehicle assembly plants, noted Larry Hayes, Kentucky Governor Steve Beshear’s Cabinet Secretary. Argonne and Kentucky will also pursue other funding opportunities.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

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