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The US-China Electric Vehicles Initiative builds on the first-ever US-China Electric Vehicle Forum in September 2009. Building on the success of the first-even US-China Electric Vehicles Forum in September 2009, the United States and China will sponsor the event annually, alternating between the two countries.
Proposed legislation in the US Senate would cut current ethanol production subsidies while maintaining taxcredits for related infrastructure such as refilling stations. Brazil plans to build 103 new sugarcane mills by 2019, increasing production capacity by 66%. —Sam Shrank. In the United States, eliminating the $0.54
Schaeffler will invest over $230 million to build a new greenfield manufacturing facility in Dover, Ohio, and is also planning future expansions in the state. The state government is providing grants and taxcredits for the company’s investments, which are expected to create some 650 jobs.
Smith Electric Vehicles has announced that Kokam America will be its battery partner of choice when work begins at its Kansas City, Missouri, site. Having established itself in several niche markets, the company has been building up for the automotive sector. For more information on that story, click here.
Federal Incentives for Electric Fleets There are a variety of federal taxcredits and incentives for purchasing electric vehicles, as well as for expanding America’s charging network and EV infrastructure. Current models, credit amounts and manufacturer phase-out info are available through the Internal Revenue Service.
on a path to reducing emissions more than 40% below 2005 levels, per a Princeton University analysis of the measure’s impacts : expanded taxcredits for EVs, batteries, solar panels and wind turbines. Honda announced just days ago that it has struck a deal with Korean battery giant LG Energy Solution to build a $4.4
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