Industry and Tax - EV Driven

Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

MAY 6, 2022

These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. Under the business-as-usual scenario, a global temperature increase of 2°C relative to pre-industrial levels is reached in the year 2043.

Tax

Tax Carbon Global Climate Change

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

Green Car Congress

SEPTEMBER 29, 2020

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).

Tax

Tax Alternative Fuels California Fuel

Thailand’s EV industry growing rapidly

Green Car Congress

MARCH 18, 2020

According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. million units in 2018. Thailand is making great progress in the area of sustainable mobility.

Industrial

Industrial Industry Thailand Brunei

President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

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.

Congress

Congress Fuel Tax Tax Fuel

Unifrax to build large-scale silicon fiber anode manufacturing line

Green Car Congress

JUNE 16, 2021

The proven industrial-scale processes eliminate supply chain concerns over mass adoption. Our track record and proven ability to develop new and unique technologies will help transform the battery industry with SiFAB. million in conditional tax credits based on the company’s job creation plans. Source: Unifrax.

Manufacturer

Manufacturer Building Indiana Tax Credit

Lawmakers introduce bill to provide blender’s tax credit for Sustainable Aviation Fuel

Green Car Congress

MAY 21, 2021

Dan Kildee (MI-05) and Julia Brownley (CA-26), is supported at introduction by climate groups such as the Environmental Defense Fund and the World Wildlife Fund, and by industry groups, such as United Airlines, Airlines for America, LanzaJet, and the Airline Pilots Association. The legislation would create a tax credit starting at $1.50

Tax Credit

Tax Credit Tax Fuel Emissions

Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

MAY 4, 2020

The taxes fall into three broad categories: vehicle acquisition (VAT, sales tax, registration tax); ownership (annual circulation tax, road tax); and motoring (fuel tax). Motor tax revenues collected by governments have increased by almost 3% compared to the previous year, and the grand total of €440.4

Motoring

Motoring Motor Motors Market

Study finds running a hydrogen plane could be cheaper than traditional aircraft by 2035; requires correct policies and incentives

Green Car Congress

MAY 23, 2023

An economic study by research group Steer, and commissioned by T&E, looked at future operating costs of hydrogen planes on intra-European flights and found that they could be an efficient, cost competitive technology to decarbonize the sector, provided kerosene is taxed adequately. (If GJ—approximately €0.37/L.)

Hydrogen

Hydrogen Tax Green Emissions

Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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. Benchmark’s analysis shows that the expansion of the global lithium industry will need $51 billion of investment. Cathodes and anodes.

Industry

Industry Industrial Global Lithium Ion

Industry wants tax cuts extended for plug in hybrids, but Senator says no

The Driven EV News

OCTOBER 24, 2024

Tax concessions for plug-in hybrid cars are due to end in April. The post Industry wants tax cuts extended for plug in hybrids, but Senator says no appeared first on The Driven. The car lobby wants it extended but independent Senator David Pocock says fossil cars should not be subsidised.

Tax

Tax Plug-in Plug Industry

Killing IRA EV tax credits will ruin US EV and battery industries – Princeton study

Electrek

MARCH 13, 2025

A new study from the REPEAT Project led by Princeton Universitys ZERO Lab warns that the repeal of Inflation Reduction Act (IRA) tax credits could decimate the growing EV manufacturing sector.

Tax Credit

Tax Credit Tax Industry Industrial

Alfa Romeo starts production of its first plug-in hybrid; Tonale offers 30 miles electric range

Green Car Congress

APRIL 3, 2023

US customers who choose to lease their all-new Alfa Romeo Tonale can take advantage of a $7,500 federal EV tax credit. The industrial complex has produced more than 5 million cars to date and has won numerous international awards, including in 2013 with World Class Manufacturing (WCM) Gold certification. The additional 1.3-liter

Plug-in

Plug-in Plug Miles Hybrid

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

Green Car Congress

MARCH 7, 2023

A green industrial policy focused on batteries with EU-wide support for scaling up production is urgently needed to react to US subsidies and China’s years of dominance. The EU can’t compete unless it has a robust industrial policy which is focused on scaling up production and rewards environmentally sustainable projects.

Companies

Companies Battery Batteries Production

Cummins to acquire Meritor in $3.7B deal

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. Meritor is an industry leader in axle and brake technology. Under the terms of the agreement, Cummins will pay $36.50

Climate Change

Climate Change Commercial Financing Global

China to extend NEV purchase tax exemption to end of 2023

CN EV Post

AUGUST 19, 2022

China will establish a coordination mechanism for the development of the NEV industry and will vigorously build charging piles. The post China to extend NEV purchase tax exemption to end of 2023 appeared first on CnEVPost. For more articles, please visit CnEVPost.

Purchase

Purchase Tax China Industrial

EV tax credit’s twisted timeline, IKEA charging, Nader and Tesla FSD: Today’s Car News

Green Car Reports

AUGUST 12, 2022

Could the EV tax credit reboot break WTO rules? And not even industry insiders can verify the EV tax credit is coming back before the end of the year, so buy now. electric vehicle tax. Electrify America adds chargers at IKEA. This and more, here at Green Car Reports. The revamped version of the U.S.

Tax

Tax Tax Credit Tesla Green Cars

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

DECEMBER 1, 2021

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen

Hydrogen Cleaning Clean Green

Hyundai delivers first 2019 NEXO fuel cell SUV to US customer

Green Car Congress

DECEMBER 30, 2018

The first year of maintenance is free of charge and customers are eligible for a tax credit (subject to individual tax circumstances) from the state of California for up to $5,000. NEXO can be leased for $399 (Blue model) or $449 (Limited model) for 36 months and can be purchased for $58,300.

Hyundai

Hyundai SUV 2019 Fuel

US DOE releases national clean hydrogen strategy and roadmap

Green Car Congress

JUNE 6, 2023

Deployments of clean hydrogen to decarbonize industry, transportation, and the power grid can enable 10 MMT/year of demand by 2030, ~20 MMT/year of demand by 2040, and ~50 MMT in 2050. Source: DOE. It also complements the massive $9.5-billion It also complements the massive $9.5-billion

Clean

Clean Cleaning Hydrogen Tax Credit

LAND begins production of E Moto; user-selectable e-bicycle, e-moped, e-motorcycle modes

Green Car Congress

JANUARY 21, 2022

Founder and CEO Scott Colosimo was inspired to delve into the EV industry after his success as the founder of Cleveland CycleWerks, a motorcycle design and manufacturing company. The District is on sale now, starting at $7020 after a 10% EV tax credit, with financing available. —Scott Colosimo.

Motorcycles

Motorcycles Cleveland Production Tax Credit

Malaysia wants EVs to be tax-free, duty-free to encourage consumers to buy

Teslarati

OCTOBER 29, 2021

Malaysian government officials are petitioning and working toward making electric vehicles exempt from taxes, including import and excise duties, as well as road taxes. According to Paultan , a Malaysian automotive news site, supporting politicians are proposing a 100% exemption from the road tax for EVs.

Malaysia

Malaysia Tax Buy Purchase

NIO EC7, new ES8, ES6 enter China's purchase tax exemption catalog, range info revealed

CN EV Post

FEBRUARY 20, 2023

China's industrial regulator has released the latest list of new energy vehicles exempted from vehicle purchase tax, including the NIO ES7, the new ES8 and the new ES6, which has not yet been officially launched. For more articles, please visit CnEVPost.

Purchase

Purchase Tax China Range

South Africa Introduces Tax Incentives to Encourage Local Production of Electric Vehicles

CleanTechnica EVs

JANUARY 9, 2025

The countrys automotive industry contributes 5.3% continued] The post South Africa Introduces Tax Incentives to Encourage Local Production of Electric Vehicles appeared first on CleanTechnica. The automobile manufacturing sector is a critical pillar of South Africas economy. manufacturing and 2.1% In 2023, the export of vehicles.

South Africa

South Africa Africa Tax Electric Vehicles

FUSO presents Next Generation eCanter with roll-off tipper for the construction industry

Green Car Congress

OCTOBER 25, 2022

Next Generation eCanter with roll-off tipper for the construction industry. With our Next Generation eCanter, shown for the first time with a roll-off tipper, we are underlining that the advantages of the FUSO Canter for the construction industry are also fully reflected in the electrified variant.

Industry

Industry Industrial DC Charging

Air Products and AES plan to invest ~$4B for mega-scale green hydrogen production facility in Texas; 200 metric tons per day

Green Car Congress

DECEMBER 9, 2022

The facility, which is targeted to begin commercial operations in 2027, will serve growing demand for zero-carbon intensity fuels for the mobility market as well as other industrial markets. Demand for green hydrogen for mobility and industrial applications is expected to grow exponentially across the United States over the next decade.

Texas

Texas Hydrogen Green Production

“Like gas in the energy sector:” Industry splits over extension of plug-in hybrid tax breaks

The Driven EV News

FEBRUARY 28, 2025

It's a question that is dividing the automotive industry as tax exemption for plug-in hybrids comes to an end. The post “Like gas in the energy sector:” Industry splits over extension of plug-in hybrid tax breaks appeared first on The Driven.

Plug-in

Plug-in Tax Industry Industrial

China extends NEV purchase tax exemption until end of 2023 in official announcement

CN EV Post

SEPTEMBER 26, 2022

Three Chinese government departments announced in a joint statement that NEVs purchased between January 1, 2023 and December 31, 2023 will be exempt from purchase taxes. The post China extends NEV purchase tax exemption until end of 2023 in official announcement appeared first on CnEVPost. For more articles, please visit CnEVPost.

Purchase

Purchase Tax China Chinese

Jeep partnering with Electrify America to install chargers at select trailheads

Green Car Congress

MARCH 27, 2021

The charging stations will be located near Jeep Badge of Honor trails, an industry exclusive off-road rewards program to support enthusiasts looking to earn a Badge of Honor for their new Jeep Wrangler 4xe. Additional Jeep 4xe Charging Stations are scheduled to be operational around the country by the end of 2021.

Jeep

Jeep Installation America Tax Credit

China to extend purchase tax exemption for NEVs, says top govt meeting

CN EV Post

JULY 29, 2022

China's policy of exempting NEVs from purchase taxes has been extended several times over the years. The post China to extend purchase tax exemption for NEVs, says top govt meeting appeared first on CnEVPost. For more articles, please visit CnEVPost.

Purchase

Purchase Tax China Industry

China waives about $6 billion worth of NEV purchase taxes in Jan-July

CN EV Post

SEPTEMBER 2, 2022

China's policy is expected to exempt about RMB 100 billion of NEV purchase taxes next year. The post China waives about $6 billion worth of NEV purchase taxes in Jan-July appeared first on CnEVPost. For more articles, please visit CnEVPost.

Purchase

Purchase Tax China Industry

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

Green Car Congress

NOVEMBER 5, 2022

—François-Philippe Champagne, Minister of Innovation, Science and Industry. The action brings Canada more closely in line with the US, which won’t give electric vehicle tax credits under the “Inflation Reduction Act” to automakers if any material is sourced from Chinese companies.

Canada

Canada Chinese Companies Chile

Argonne releases new cradle-to-grave lifecycle analysis of US LDV vehicle-fuel pathways

Green Car Congress

AUGUST 6, 2022

The GHG emissions evaluation was carried out by expanding and modifying Argonne’s GREET model suite (2020 version) with inputs from industrial experts. Cost assessments represent a final cost/price to the consumer, excluding taxes on the final product (e.g., fuel sales tax) and/or credits (e.g., vehicle subsidies).

Fuel

Fuel Vehicles PHEV Carbon

Here are the EVs made in Mexico and Canada

Green Car Reports

MARCH 26, 2025

Auto-industry tariffs coming in April, may bring immediate price hikes Mexico makes many U.S.-bound bound EVs, buys few of them EV tax credit still potentially applies to models made in Mexico and Canada The threat of auto tariffs affecting models made in Mexico and Canada has not abated.

Mexico

Mexico Canada Tax Credit Auto Industry

Tesla’s move to Texas labeled ‘betrayal’ of California, a way to escape paying taxes

Teslarati

OCTOBER 13, 2021

Additionally, a commonly spread myth about all billionaires attempting to avoid paying taxes is also being thrown into the mix, further adding fuel to a fire that doesn’t really need to exist. Musk has responded to inquiries in the past about his taxes, stating that most of his net worth is tied up in Tesla stock. Probably not.

Escape

Escape Texas Tax California

Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt

CleanTechnica EVs

JANUARY 2, 2024

With the new year rung in, some big changes are happening in the industry. Not only are tax credits dwindling. continued] The post Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt appeared first on CleanTechnica.

Tax Credit

Tax Credit Tax Industrial Industry

Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt

CleanTechnica EVs

JANUARY 2, 2024

With the new year rung in, some big changes are happening in the industry. Not only are tax credits dwindling. continued] The post Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt appeared first on CleanTechnica.

Tax Credit

Tax Credit Tax Industrial Industry

EIA: CO2 emissions from US power sector have declined 28% since 2005

Green Car Congress

DECEMBER 24, 2018

US electricity demand has decreased in 6 of the past 10 years, as industrial demand has declined and residential and commercial demand has remained relatively flat. This growth has been driven largely by state policies and federal tax incentives that encouraged adoption of renewables. By 2017, that share had grown to 38%.

2005

2005 Emissions Power Powered

Tesla lands in Texas for latest Megapack production facility

Teslarati

MARCH 5, 2025

Around midday, members of the Waller County Commissioners Court approved a tax abatement agreement that will bring Tesla to its area, along with an estimated 1,500 jobs. The plant will be located at the Empire West Industrial Park in the Brookshire part of town.

Texas

Texas Production Tesla Energy Storage

Tesla India might still get lowered import taxes

Teslarati

FEBRUARY 19, 2024

The Indian government is reportedly finalizing a new import tax policy that might encourage Tesla and other foreign electric automakers to invest in India. According to people familiar with the matter, the Indian government is thinking of offering lowered import taxes to freight electric vehicle (EV) manufacturers.

India

India Tax Tesla Buy

BNEF: global carbon capture capacity due to rise sixfold by 2030

Green Car Congress

OCTOBER 18, 2022

By 2030, most capture capacity will be used for the power sector, for the manufacture of low-carbon hydrogen and ammonia, or to abate emissions from industrial sources. Despite rapid growth in capture project announcements, the industry is still far from making a dent in global emissions. of global emissions. of today’s emissions.

Carbon

Carbon Global Tax Credit Wyoming

NACFE releases guidance report on hydrogen fuel cell heavy-duty trucks

Green Car Congress

DECEMBER 18, 2020

Incentives, grants, credits, tax breaks will be around for a while. NACFE is also available for discussions on this report with the industry and beyond. Fill times are moving targets for both fuel cell and battery electric vehicles. In a zero-emission future world, as in California’s plans, diesel does not exist.

Hydrogen

Hydrogen Fuel Fleet Davis

Victoria road tax – the “world’s worst EV policy” – to be heard in High Court this week

The Driven EV News

FEBRUARY 12, 2023

The future of the Victorian state EV road tax goes to the High Court of Australia in Canberra this week in what could be a landmark case for the industry. The post Victoria road tax – the “world’s worst EV policy” – to be heard in High Court this week appeared first on The Driven.

Tax

Tax Australia Future Industrial

British Columbia is first Canadian province to release its own hydrogen strategy

Green Car Congress

JULY 10, 2021

Part of CleanBC , the BC Hydrogen Strategy includes 63 actions for government, industry and innovators to undertake during the short term (2020-25), medium term (2025-30) and long term (2030 and beyond). The carbon tax and low carbon fuel standard (LCFS) are reducing emissions while incentivizing the switch to renewable and low-carbon fuels.

Hydrogen

Hydrogen Renewable Carbon Gas-Electric

China issues measures to expand auto consumption, hints at extension of NEV purchase tax exemption

CN EV Post

JULY 6, 2022

The post China issues measures to expand auto consumption, hints at extension of NEV purchase tax exemption appeared first on CnEVPost. The first of the measures, developed by 17 government departments, is to support the purchase and use of NEVs. For more articles, please visit CnEVPost.

Purchase

Purchase Tax China Auto

Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

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

Thailand’s EV industry growing rapidly

President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Unifrax to build large-scale silicon fiber anode manufacturing line

Lawmakers introduce bill to provide blender’s tax credit for Sustainable Aviation Fuel

Motor vehicle taxation brings in €440.4B for governments in major European markets

Study finds running a hydrogen plane could be cheaper than traditional aircraft by 2035; requires correct policies and incentives

Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Industry wants tax cuts extended for plug in hybrids, but Senator says no

Killing IRA EV tax credits will ruin US EV and battery industries – Princeton study

Alfa Romeo starts production of its first plug-in hybrid; Tonale offers 30 miles electric range

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

Cummins to acquire Meritor in $3.7B deal

China to extend NEV purchase tax exemption to end of 2023

EV tax credit’s twisted timeline, IKEA charging, Nader and Tesla FSD: Today’s Car News

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Hyundai delivers first 2019 NEXO fuel cell SUV to US customer

US DOE releases national clean hydrogen strategy and roadmap

LAND begins production of E Moto; user-selectable e-bicycle, e-moped, e-motorcycle modes

Malaysia wants EVs to be tax-free, duty-free to encourage consumers to buy

NIO EC7, new ES8, ES6 enter China's purchase tax exemption catalog, range info revealed

South Africa Introduces Tax Incentives to Encourage Local Production of Electric Vehicles

FUSO presents Next Generation eCanter with roll-off tipper for the construction industry

Air Products and AES plan to invest ~$4B for mega-scale green hydrogen production facility in Texas; 200 metric tons per day

“Like gas in the energy sector:” Industry splits over extension of plug-in hybrid tax breaks

China extends NEV purchase tax exemption until end of 2023 in official announcement

Jeep partnering with Electrify America to install chargers at select trailheads

China to extend purchase tax exemption for NEVs, says top govt meeting

China waives about $6 billion worth of NEV purchase taxes in Jan-July

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

Argonne releases new cradle-to-grave lifecycle analysis of US LDV vehicle-fuel pathways

Here are the EVs made in Mexico and Canada

Tesla’s move to Texas labeled ‘betrayal’ of California, a way to escape paying taxes

Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt

Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt

EIA: CO2 emissions from US power sector have declined 28% since 2005

Tesla lands in Texas for latest Megapack production facility

Tesla India might still get lowered import taxes

BNEF: global carbon capture capacity due to rise sixfold by 2030

NACFE releases guidance report on hydrogen fuel cell heavy-duty trucks

Victoria road tax – the “world’s worst EV policy” – to be heard in High Court this week

British Columbia is first Canadian province to release its own hydrogen strategy

China issues measures to expand auto consumption, hints at extension of NEV purchase tax exemption

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