Green Car Congress

JUNE 23, 2022

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

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Congress Fuel Tax Tax Fuel 259

Green Car Congress

JUNE 16, 2021

Unifrax, a global manufacturer of high-performance specialty materials, plans to build its first large-scale SiFAB (silicon fiber anode material) manufacturing line at its north central Indiana facility. million in conditional tax credits based on the company’s job creation plans.

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Manufacturer Building Indiana Tax Credit 417

Green Car Congress

SEPTEMBER 1, 2020

Before the COVID-19 pandemic lockdowns, engineering simulation software company Ansys commissioned a global survey of 16,037 adults resulting in some insights about consumer attitudes toward vehicle electrification. US respondents are most likely to buy an EV if the government offers a federal/state tax credit.

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Tax Credit Global Vehicles Tax 186

Green Car Congress

JANUARY 6, 2020

After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). We have secured a global supply chain and manufacturing capacity that will result in projected production of more than 1 million vehicles between 2022 and 2027.

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Tax Credit Fisker Tax SUV 243

Green Car Congress

OCTOBER 13, 2019

France’s Constitutional Council, the highest constitutional authority in the country, ruled in favor of excluding palm oil from the list of biofuels that enjoy tax incentives. According to the latest Commission study on deforestation and biofuels, 45% of global palm oil expansion has caused deforestation.

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Oil Tax Diesel Green 236

Green Car Congress

MAY 21, 2021

of global carbon emissions. The legislation would create a tax credit starting at $1.50 The tax credit would expire at the end of 2031. With a long-term, performance-based Blender’s Tax Credit for SAF, we will be able to invest in and produce SAF at scale across the US. Currently, air travel accounts for as much as 2.5%

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Tax Credit Tax Fuel Emissions 186

Green Car Congress

DECEMBER 7, 2020

Prices for classic electric Range Rovers by Lunaz start at £245,000 (US$329,000) excluding local taxes. Since unveiling Jaguar, Bentley and Rolls-Royce electrified classics, Lunaz has been consistently asked by its global customer base to apply its re-engineering and restoration approach to these cars.

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Tax Range Price Production 286

Green Car Congress

OCTOBER 13, 2022

An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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Energy Storage Global Market Energy 259

Green Car Congress

JULY 6, 2020

Hyundai Motor is developing a long-distance tractor unit capable of traveling 1,000 kilometers on a single charge equipped with an enhanced fuel cell system with high durability and power, aimed at global markets including North America and Europe. Hyundai chose Switzerland as the starting point for its business venture for various reasons.

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Hyundai Commercial Switzerland Europe 488

Green Car Congress

FEBRUARY 23, 2022

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 billion, including assumed debt and net of acquired cash.

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Climate Change Commercial Financing Global 429

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said. Closing this 2.7

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Industry Industrial Global Lithium Ion 243

Green Car Congress

JULY 15, 2022

The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.

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Supplies Global Energy Emissions 243

Green Car Congress

OCTOBER 31, 2021

The ELECTRA ferry offers OPEX reductions of up to 35% compared to fossil fuel burning fast ferry alternatives, as well as helps operators de-risk the future cost uncertainties of carbon taxes and emissions trading schemes being implemented globally.

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Concept All-Electric Mariner Fuel Alternative 418

The Truth About Cars

APRIL 9, 2025

That said, its eligible for $7,500 in federal tax credits, lowering the starting price further to $41,490 before options. That price makes the Model Y one of the more affordable EVs available today, even before tax credits are figured in. The Long Range Model Y offers a 4.6-second second 0-60 mph time and a 327-mile range.

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Tax Credit Tesla MPH Tax 109

Green Car Congress

JANUARY 15, 2019

Volkswagen AG and Ford Motor Company announced the first formal agreements in a global alliance. Volkswagen CEO Dr. Herbert Diess and Ford CEO Jim Hackett confirmed that the companies intend to develop commercial vans and medium-sized pickups for global markets beginning as early as 2022.

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Commercial Ford Global Building 191

Green Car Congress

MARCH 7, 2023

Europe’s global share of new investment in Li-ion battery production dropped from 41% in 2021 to a meagre 2% in 2022, according to BloombergNEF. T&E called for production targets, tax breaks and grants to scale up battery manufacturing while fully upholding Europe’s environmental standards.

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Companies Batteries Battery Production 430

Green Car Congress

JANUARY 20, 2014

These orders have already translated into 8,197 deliveries to end-customers by the end of December, of which 8,009 units went to The Netherlands, the latter boosted by a tax scheme favorable to eco-friendly technologies such as low-emission vehicles.

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Netherlands Mitsubishi PHEV 2013 304

Green Car Congress

APRIL 21, 2022

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance. Nickel is no exception.

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China Energy Indonesia Power Grid 416

Green Car Congress

DECEMBER 6, 2020

Findings released by international think tank the Global CCS Institute show that the total capacity of carbon capture and storage (CCS) facilities operating and under development grew by 33% world-wide over the last year. Source: 2020 Global Status on CCS. World map of CCS facilities at various stages of development.

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2020 Asia South Korea United Kingdom 332

Green Car Congress

JUNE 18, 2021

million in Excelsior Jobs Program tax credits in exchange for job creation commitments for the iM3NY project. Magnis aims to become a leading global producer of next-generation green-credentialed Lithium-Ion Battery (LIB) cells. Additionally, Empire State Development has offered performance-based incentives totaling $7.5

New York 468

New York Lithium Ion Tanzania Tax Credit 468

Green Car Congress

JUNE 2, 2013

Its board of directors, the private investment instruments it sets up, and the necessary tax changes should ideally be approved by referendum and could be annulled only by another referendum, the goal being to build the necessary level of confidence, they suggest. Private green funds could help finance a global fund.

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Volt Financing Gas Power 334

Teslarati

DECEMBER 13, 2022

During a special meeting, the Robstown Independent School District approved a taxable value limitation for Tesla’s proposed lithium refinery under Chapter 313 of the Texas Tax Code. million on property taxes over that period. The vote was unanimous, hinting at the board’s support for the American electric vehicle maker. .

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Tax Texas Water Tesla 131

Green Car Congress

AUGUST 1, 2023

The US Department of Energy (DOE) released its 2023 Critical Materials Assessment (2023 CMA), which evaluated materials for their criticality to global clean energy technology supply chains. The Assessment focuses on key materials with high risk of supply disruption that are integral to clean energy technologies.

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Cleaning Clean Supplies Energy 370

Green Car Congress

DECEMBER 1, 2013

per gallon US) subsidy and fuel excise and value-added tax exemptions, and ( b ) a prospective future scenario with no form of government support measures. In 2011, China contributed 29% of world carbon dioxide emissions and therefore the country has a significant potential to influence the present and future global energy situation.

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Gasoline China Tax London 351

Green Car Congress

FEBRUARY 22, 2023

Eligibility for state tax credits is dependent on individual tax circumstances. IONIQ 6 is the second Hyundai model to ride on Hyundai’s exclusive Electric-Global Modular Platform (E-GMP) that allows for dual motors, optimized interior space, and optimized performance. million BEV units worldwide by 2030.

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Hyundai Miles Range Tax Credit 284

Teslarati

JULY 10, 2024

South Korean battery supplier SK Innovation will host its Global Forum on July 13, 2024, in San Jose, California. The SK Innovation Global Forum will help the company learn about future growth drivers from global energy experts. Ten executives from SK Innovation affiliates, including SK On CEO Lee Seok-hee. Volkswagen ID.4

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United States San Jose Global Tax Credit 117

CleanTechnica EVs

MAY 10, 2021

With solar, battery storage, and electric cars, Tesla is poised to reshape the global energy paradigm. Originally posted on EVANNEX. Elon Musk is working hard on a 360-degree clean energy strategy at Tesla. However, Tesla’s products can only go so far.

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Tax Carbon Clean Cleaning 145

Green Car Congress

MAY 30, 2021

In 2013, after reversing the decision, the government put heightened taxes on cobalt concentrate exports in place. The DRC exported around 50kt of gross weight Co concentrate to China in 2020 (96% of global exports). The government attempted to introduce similar bans in 2007, 2010, and 2013; each time the decision was reversed.

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Congo 2013 2007 China 316

Green Car Congress

APRIL 27, 2022

Ford is on track to deliver more than 2 million electric vehicles annually by 2026, equal to about one-third of the company’s global volume, on the way to 50% by 2030.

F-150 370

F-150 Ford Production Tax Credit 370

Green Car Congress

APRIL 1, 2021

Among the broad elements of the proposal are: Enabling automakers to spur domestic supply chains from raw materials to parts, retool factories to compete globally, and support American workers to make batteries and EVs.

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Climate Clean Cleaning Congress 268

Green Car Congress

MARCH 18, 2020

The new Mercedes facility is the third of its kind in Mercedes’ global battery production network, designed to produce plug-in hybrid automotive batteries. We offer a range of tax incentives for automotive companies focused on electric vehicle parts production, as well as fuel efficient vehicle assembly.

Industry 286

Industry Industrial Thailand Brunei 286

Teslarati

JANUARY 20, 2025

These include the removal of excise taxes on EV batteries, eliminating tariffs on electric and hybrid vehicles until 2028, and setting a goal for 50% EV market share by 2040. The Philippines EV sector is still in its very early stages, though the national government has introduced measures to make electric cars more compelling to consumers.

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Philippines Tesla Climate Change Environment 112

Teslarati

JANUARY 18, 2022

Orion Township approved General Motors’ (GM) request for a tax rebate on its proposed $1.3 GM plans to introduce 30 new electric vehicles to the global auto market by 2025, and the Orion Assembly Plant will play a key role in its goal. billion tax rebate to ramp EV production appeared first on TESLARATI.

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Tax General Motors GM Production 120

Clean Fleet Report

SEPTEMBER 2, 2022

One of the most intriguing of these changes for car buyers is a revamped electric vehicle (EV) tax credit. How Much Can You Get from the EV Tax Credit? The new EV tax credit, like the one that preceded it, offers up to $7,500 for electric passenger cars and light trucks. A tax credit also applies to used EVs.

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Tax Credit Tax F-150 Congo 103

Green Car Reports

JANUARY 27, 2024

Which CEO of a global automaker suggested that EVs may never top 30% of the global vehicle market? Which EV from a U.S. automaker became the top-selling vehicle on the planet, electric or not? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 26, 2024.

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Tax Credit Tax Green Cars Price 167

Green Car Congress

DECEMBER 1, 2022

of cars on the road globally are electrified, which begs the question: How do we fulfill the promise of EVs to deliver sustainable mobility? As relatively young businesses, it’s clear to both Polestar and Circulor that there are solutions out there that can affect real, meaningful change.

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Economy Building Batteries Battery 330

Green Car Congress

JULY 23, 2018

Burgeoning demands for mobility and private vehicle ownership undermine global efforts to reduce energy-related greenhouse gas emissions. Here, we develop state-of-the-art representations of consumer preferences in multiple global energy-economy models, specifically focusing on the non-financial preferences of individuals.

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Carbon Alternative Fuels Market Vehicles 231