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Louisiana’s Ways and Means will hear SB 8 on Monday, May 24. The bill proposes to accelerate the sunset date of alternative fueled vehicle (electric vehicles and hybrid electric vehicle) taxcredits in Louisiana. In essence, they want to end the taxcredits earlier than planned.
Yesterday, I spent the day down at the Louisiana State Capitol advocating for electric vehicles and clean energy while my state’s lawmakers were having their session. I learned a lot.
While moving EV production to the United States will help Hyundai, Kia, and Genesis gain taxcredit eligibility, theres no telling how much longer they will be available. The Georgia opening event came directly after Hyundai announced a $21 billion investment here, which will include a new steel factory in Louisiana.
million to re-equip and tool an existing manufacturing facility as VVC’s first regional assembly plant in Monroe, Louisiana. The DOE conducted an extensive technical, market, financial, regulatory, credit and legal analysis following its determination that the applications were substantially complete in May 2009.
The recent price cuts enable buyers to purchase a base Model 3 for $43,990, and with the EV taxcredit, that price is further reduced. 7,500 EV Taxcredit to that of a 2020 base Model 3 priced at $38,600. The post Tesla Model 3 price cuts puts new car cheaper than some used Model 3s appeared first on TESLARATI.
In yet another end-of-week (well, at least in the US, due to Thanksgiving) release of Tesla news, Tesla has updated its webpage for lease-end options to describe a new option for Tesla leasers: the ability to purchase your car at the end of your lease term. But Tesla hasn’t offered this option for some time.
In two short years, Genesis’ retail footprint has grown rapidly from one dedicated retail facility in Louisiana to 56 retail facilities nationwide,” Genesis North America COO Claudia Marquez said. Hyundai has been fast-tracking construction to enable EVs made at the plant to qualify for the $7,500 taxcredit.
EV taxcredit rules. million for a facility in Louisiana focused on producing electrolyte salts for lithium batteries. Get the latest news, features, TTAC takes, and everything else that gets to the truth about cars first by subscribing to our newsletter. Honeywell was awarded $126.6 Become a TTAC insider.
The Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule for Model Years 2021-2026 Passenger Cars and Light Trucks (SAFE Vehicles Rule) initiated a process to establish a new 50-state fuel economy and tailpipe carbon dioxide emissions standard for passenger cars and light trucks covering MY 2021 through 2026. Earlier post.).
Yet he has a fan base inside the world of electric cars. and European automakers were pivoting from initial “compliance car” EV efforts to serious long-range EVs that cast a much wider net. ExxonMobil oil refinery, Baton Rouge, Louisiana, by WClarke [CC BY-SA 4.0] EV plants Tens of thousands more U.S. businesses.
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