Green Car Congress
MAY 4, 2020
New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.
Green Car Congress
JULY 9, 2012
Experts urged greater efforts on China’s part to boost development of the new energy vehicle industry. Energy-saving and new energy vehicles have become the development direction of the international automobile industry. The scale of China’s automobile production and sales in the world, is expected to continue to grow.
Revenge of the Electric Car
DECEMBER 28, 2009
in tax incentives for those sites and others. The state has the highest US unemployment rate at 15.2%, largely a result of the depressed automobile industry that has resulted in thousands of layoffs in the past 18 months. “We expect the Detroit-Hamtramck plant will be the first facility in the U.S. Michigan has approved $135.2m
Teslarati
JULY 29, 2024
.” It was reportedly these factors that led to Tesla being snubbed by the Biden administration in its EV summit and US President Joe Biden crediting GM CEO Mary Barra for leading and electrifying “the entire automobile industry.” ’ And by the way, SpaceX would be paying a carbon tax too.
Green Car Congress
AUGUST 6, 2013
The automobile industry has said that without additional government subsidies they can only sell 600,000 electric cars by 2020 at best. In the short run, preserve the implicit road tax exemption for EV owners by minimizing road use EV surcharges. Enthusiasm in some areas has been tempered by slow EV uptake.
Green Car Congress
FEBRUARY 15, 2012
The report also provides a quantitative and qualitative review of the business risks and opportunities facing 11 key sectors of the economy: Airlines; Automobiles; Beverages; Chemicals; Electricity; Food Producers; Industrial Metals & Mining; Mining; Marine Transportation; Oil & Gas; and Telecommunications & Internet.
Clean Fleet Report
JUNE 15, 2021
With more users gearing towards purchasing electric vehicles, a surge in demand has drastically hit the electric automobile industry. You can now purchase an electric vehicle at a fair price due to the existing tax credits. The federal tax credit exempts allows you to deduct up to $7,500 from the vehicle’s initial cost.
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