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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

A123 Systems has been the recipient of a number of state and federal grants and tax incentives. million grant awarded under the US Department of Energy (DOE) Battery Initiative to support manufacturing expansion of new lithium-ion battery manufacturing facilities in Michigan. million Center of Energy and Excellence grant.

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Personal: My Ongoing EV Adventure

Clean Fleet Report

Granted, he was my ride when Covid-19 shut down my commute, and later, when I went into work only a day or two a week. It was only $239/month plus tax, and bigger than the Konawith a better range, too. The post Personal: My Ongoing EV Adventure first appeared on Clean Fleet Report. Hmmm, I thought.

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Tesla stock dips as Elon Musk agrees to sell 10% of his personal TSLA shares

Teslarati

Musk’s poll was triggered in part by recent conversations about billionaires’ unrealized gains being used as a means to avoid taxes. The securities were from performance awards that he was granted in 2012 and 2018. Based on Musk’s current holdings of about 170.5 Disclaimer: I am long TSLA.

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Nevada the site for the Tesla Gigafactory pending legislative approval of incentive package estimated at up to $1.25B over 20 years

Green Car Congress

Elements of the agreement include abatements, tax credits, an economic development rate rider, and an agreement on direct sales. Abatements: Up to 100% abatement of Sales Tax until 30 June 2034. Up to 100% abatement of Real Property Tax until 30 June 2024. Up to 100% abatement of Personal Property Tax until 30 June 2024.

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Rivian could get a $440M tax incentive for 2,000-acre Texas facility

Teslarati

Rivian could benefit from a $440 million tax incentive from the City of Fort Worth, Texas if it meets specific requirements. The meeting also included a public hearing and Council votes to designate Rivian’s potential factory a tax abatement reinvestment zone. . Tesla’s Elon Musk gives Rivian invaluable advice on manufacturing.

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Part of Elon Musk’s $15B tax bill will likely end up helping the fossil fuel industry

Teslarati

Elon Musk may be paying an estimated $15 billion in taxes this year due to his massive sale of part of his TSLA holdings, but his contributions to the US government may end up supporting the fossil fuel industry. The US government takes money from the person who heads the electric car company and spends it on fossil fuel support.

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Ford and City of Seattle Team on EVs

Green Car Congress

The partnership between Ford and the City of Seattle, including municipally owned Seattle City Light, also involves working with the state and local governments around permitting, electric vehicle tax incentives and future legislations or regulations.

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