article thumbnail

Louisiana’s SB 8 Is Hoping To End EV Tax Credits Early

CleanTechnica EVs

Louisiana’s Ways and Means will hear SB 8 on Monday, May 24. The bill proposes to accelerate the sunset date of alternative fueled vehicle (electric vehicles and hybrid electric vehicle) tax credits in Louisiana. In essence, they want to end the tax credits earlier than planned.

article thumbnail

Louisiana On Verge Of Cutting EV Tax Credit Early, So We Hosted EV Awareness Day At The Louisiana State Capitol

CleanTechnica EVs

Yesterday, I spent the day down at the Louisiana State Capitol advocating for electric vehicles and clean energy while my state’s lawmakers were having their session. I learned a lot.

Louisiana 105
article thumbnail

Louisiana's Latest Political Drama Involves Alt-Fuel Vehicles

Green Car Reports

There's a storm a-brewin' in Louisiana over alternative vehicle tax credits. In 2009, the state legislature passed Act 469 (PDF) which grants tax credits of up to $3,000 to anyone who purchases a low-emissions vehicle that runs on alternative fuel, "including but not limited to compressed.

article thumbnail

Hyundai Says Its New Georgia Factory is Open and Ready for Ioniq 9 Production

The Truth About Cars

While moving EV production to the United States will help Hyundai, Kia, and Genesis gain tax credit eligibility, theres no telling how much longer they will be available. The Georgia opening event came directly after Hyundai announced a $21 billion investment here, which will include a new steel factory in Louisiana.

Georgia 70
article thumbnail

Nat G CNG Solutions introduces natural gas fueling solution for under 30 cents per gallon

Green Car Congress

Nat G CNG Solutions introduced its new Nat G 500 Series compressed natural gas (CNG) vehicle fueling station for mid-sized fleets, priced starting at $59,900 after a federal tax credit. The Nat G 500 Series is a fully integrated fueling station on a skid.

Gas 225
article thumbnail

DOE Turns Down V-Vehicle Loan Applications

Green Car Congress

million to re-equip and tool an existing manufacturing facility as VVC’s first regional assembly plant in Monroe, Louisiana. The DOE conducted an extensive technical, market, financial, regulatory, credit and legal analysis following its determination that the applications were substantially complete in May 2009.

San Diego 186
article thumbnail

EIA: US renewable diesel capacity could more than double through 2025

Green Car Congress

EIA said that two factors behind growing US renewable diesel capacity are rising targets for state and federal renewable fuel programs and biomass-based diesel tax credits. The “Inflation Reduction Act” extended the biomass-based diesel tax credits through 2024.

Renewable 195