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EV tax credit score rules will have to be adopted, Manchin tells Treasury

Baua Electric

“My comment is simple: Follow the law,” he wrote in an 11-page letter to Treasury, explaining that the tax credit score’s objective is “no longer to promote the purchase and use of [EVs] … but to promote reliable domestic supply chains for the critical minerals and battery components” had to energy them.

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Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

What I assumed would be a quick chat quickly devolved into my being educated on British tax codes, especially the benefit-in-kind (BIK) taxes applied to any items of value provided to employees. For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary.

Sale 101
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Rivian claims revamped EV incentive bill will benefit its rivals the most

Teslarati

The proposed revamped EV incentive bill being led by Senate Majority Leader Chuck Schumer and Senator Joe Manchin is expected to accelerate the adoption of all-electric vehicles in the United States. But while companies like Tesla and General Motors are definitely celebrating, electric truck maker Rivian is not.

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Leasing vs. Buying EV Charging Stations

EV Connect

This growth is far slower in the United States, likely due to a lack of charging stations. But, thanks to the combination of increasing tax incentives for charging stations and vehicles — and President Joe Biden’s proposal to add 500,000 charging stations nationwide — this trend may reverse sharply. And this isn’t the only one.

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Kinder Morgan to purchase El Paso for approximately $38B to form largest natural gas pipeline network and largest midstream energy enterprise in North America

Green Car Congress

(KMI) and El Paso Corporation on Sunday announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth-largest energy company in North America with an enterprise value of approximately $94 billion and 80,000 miles of pipelines.

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Nissan and Hawaii Partner on EVs

Green Car Congress

The partnership, which was announced at the Asia Pacific Clean Energy Summit and Expo in Honolulu, marks Nissan’s first definitive agreement in the United States, the company said. The Nissan LEAF EV will be available in Hawaii beginning in January 2011.

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J.D. Power sees hybrid and EV share below 10% of US market through 2016 despite rising fuel prices

Green Car Congress

Percentages for overall consideration of alternative powertrains (definitely would / probably would). The study gauges consumer consideration rates of these powertrain types for their next new vehicle purchase and explores specific perceived benefits and concerns that factor into the decision-making process. Click to enlarge.

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