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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Power Metals Corp is a Canadaian mining company exploring and developing cesium, lithium and tantalum assets in Canada.

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California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

Green Car Congress

The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06 per gallon of DME used and $0.06 per gallon). Oberon’s process.

Tax 376
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Tesla VP of Finance corrects critic who claims that TSLA pays no taxes

Teslarati

Tesla Vice President of Finance Sendil Palani recently addressed claims from former secretary of labor and UC Berkeley Professor Robert Reich about the electric vehicle maker’s federal tax payments. Reich was alleging in a post on X that some big companies and the rich are getting away with fraud by not paying federal taxes.

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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

Tesla in Berlin, Northvolt in northern Germany and Italvolt near Turin are among the projects that stand to lose the greatest volumes of their slated capacity as the companies weigh up investing in the US instead. Battery investment in the US and China continued to grow, and European companies have already signalled expansion in America.

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Republicans in Congress Want to Put $1,000 Tax on EVs, & Kill the EV Tax Credit

CleanTechnica EVs

It’s ironic, or crazy, or scary that this is the case even as the shadow president is the wealthiest person in the world mostly because of his cleantech company… Apparently, Elon Musk thinks he’s getting more out.

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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Volvo XC40 Recharge EV to start at $53,990 in US before qualifying tax incentives

Green Car Congress

The purchase of an XC40 Recharge may qualify for a federal tax credit of up to $7,500. Volvo Car Group is the first company to team up with Google on integrating an infotainment system powered by Android, with the Google Assistant, Google Maps and the Google Play Store built-in. State and local incentives could add further benefits.

Recharge 400