Green Car Reports

DECEMBER 25, 2024

EV sales are predicted to increase sixfold by 2030 Demand for EVs and battery materials, could account for 95% of lithium supply Reuse, recycling, and alternative chemistries could take pressure off supply chains Increased global demand for electric vehicles could tax supplies of raw materials by the end of the decade, according to new analysis.

Supplies 160

Supplies Batteries Battery Tax 160

Green Car Congress

NOVEMBER 5, 2022

Battery manufacturer SK On signed a lithium hydroxide supply deal with Chile’s SQM, a move that will further strengthen SK On’s supply chain for critical battery materials in coping with the US “Inflation Reduction Act” (IRA) following its recent deals with Australian lithium developers. million electric vehicles (EVs).

Supplies 210

Supplies Chile Tax Credit New York 210

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.

Tax Credit 243

Tax Credit Fisker Tax SUV 243

Green Car Congress

MAY 23, 2023

Ford has signed long-term lithium supply agreements with Albemarle, SQM and Nemaska Lithium. The agreement between Ford and SQM will ensure the supply of battery-grade lithium carbonate and lithium hydroxide, essential components to manufacture high-performance electric vehicle batteries. Neither company provided volumes or timelines.

Supplies 199

Supplies Ford Tax Credit Lithium Ion 199

Green Car Congress

OCTOBER 11, 2013

The 2014 ELR has a starting price of $75,995, including a $995 destination charge but excluding tax, title, license and dealer fees. Base price of a 60 kWh Tesla Model S—without Federal tax incentive, but with destination fee—is $71,070.) Net pricing after tax credits could be as low as $68,495, including $995 destination.

Cadillac 353

Cadillac Tax Credit Price Sale 353

Green Car Congress

SEPTEMBER 7, 2022

The IRA’s EV tax credits hinge on domestically produced battery minerals, a largely non-existent supply chain. Ionic MT is positioned to supply US-sourced battery minerals and materials. Converts the silicon oxide powder to silicon metal powder, maintaining its nano structure.

Tax Credit 418

Tax Credit Convert Tax Supplies 418

Teslarati

APRIL 5, 2023

Tesla will be receiving lithium supplies from Quebec, giving it an edge in meeting the Inflation Reduction Act’s battery requirements for EV tax credits. Treasury Department released stricter battery requirements for EV tax credits under the Inflation Reduction Act (IRA). Tesla Ahead of the Curve Last week, the U.S.

Tax Credit 132

Tax Credit Tax Supplies North America 132

Green Car Congress

MAY 21, 2021

The legislation would create a tax credit starting at $1.50 per gallon for blenders that supply sustainable aviation fuel with a demonstrated 50% or greater lifecycle estimate reduction in greenhouse gas emissions compared to standard jet fuel. The tax credit would expire at the end of 2031.

Tax Credit 186

Tax Credit Tax Fuel Emissions 186

Teslarati

MAY 3, 2024

The electric vehicle tax credit rules got an extension on Friday as the U.S. At the beginning of the year, new rules took effect, and several electric vehicles that qualified for the full $7,500 tax credit in 2023 were no longer on the qualifying list. On Friday, the U.S. I’d love to hear from you!

Tax Credit 138

Tax Credit Tax United States Supplies 138

Green Car Congress

FEBRUARY 20, 2022

Australia-based battery materials company Liontown Resources Limited entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate. spodumene concentrate 6%) production capacity of ~500 ktpa. billion (US$3 billion) and IRR of 57%.

Supplies 243

Supplies Tesla Australia Price 243

Green Car Congress

MARCH 7, 2023

T&E said that companies’ limited resources to scale up production, as well as the tight supply of raw materials, are making the US-Europe battery race a zero-sum game. T&E called for production targets, tax breaks and grants to scale up battery manufacturing while fully upholding Europe’s environmental standards.

Companies 430

Companies Batteries Battery Production 430

Green Car Congress

MARCH 25, 2022

In its Annual Energy Outlook 2022 (AEO2022) Reference case, which reflects current laws and regulations, the US Energy Information Administration (EIA) projects that renewable diesel supply (domestic production and net imports) will exceed biodiesel supply in the near term.

Diesel 221

Diesel Renewable Supplies Parts 221

Green Car Congress

AUGUST 16, 2023

However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global. Copper is not currently listed as a critical mineral in the United States and does not qualify for IRA tax credits. Nickel is the most challenged in terms of supply, the study says.

Global 370

Global Chile United States North America 370

Green Car Reports

JANUARY 25, 2024

4 electric crossovers on sale now are eligible for the full $7,500 federal EV tax credit, VW confirmed Wednesday in a press release. VW notes in the release that it's the first foreign automaker to qualify under tightened rules relating to battery supply that took effect at the start of the year. "Most" 2023 and 2024 Volkswagen ID.4

Tax Credit 163

Tax Credit Tax Supplies Sale 163

Green Car Reports

AUGUST 25, 2022

Mercedes-Benz and Volkswagen are looking to Canada for supplies of battery raw materials, which should help the automakers meet new eligibility requirements for the United States EV tax credit.

Canada 164

Canada Mercedes Supplies Tax Credit 164

Green Car Congress

JUNE 26, 2023

Saudi Arabia has cut a number of deals recently that coud make the country’s lithiu-ion supply chain the most developed in the Middle East, according to an analysis by Benchmark Mineral Intelligence. Rabigh Refining & Petrochemical Company will supply feedstock in the form of decant oil. Earlier post.)

Saudi Arabia 170

Saudi Arabia Supplies Building Chevron 170

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. The detailed report— Need Nickel? Global Nickel Trade and Chinese Dominance.

China 416

China Energy Indonesia Power Grid 416

Green Car Congress

FEBRUARY 21, 2014

Quick chargers will also be supplied to implement the government’s plan for infrastructure covering the entire Himalayan nation. Feasibility studies for further technical cooperation are included in the details of the agreements.

Bhutan 305

Bhutan Nissan Tax Taxi 305

Green Car Congress

APRIL 8, 2022

billion over seven years, starting in 2023-24, for infrastructure investments that would support the development of the critical minerals supply chains, with a focus on priority deposits; $79.2 Specific measures proposed in Budget 2022 to support critical mineral projects include: Up to $1.5

Canada 468

Canada Tax Credit Nickel Lithium Tax 468

Green Car Congress

JANUARY 15, 2013

Depending on location, some consumers may purchase the 2013 LEAF for as low as $18,800 with qualifying federal and state tax credits, putting the LEAF on par with gas-powered vehicles of its size. Eligible consumers can take advantage of a $7,500 federal tax credit, and some states and municipalities offer additional incentives.

2013 360

2013 Nissan Tax Credit Tax 360

Green Car Congress

JANUARY 31, 2023

With its new EV supply chain coming online, Ford says it is significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times and to take advantage of streamlined costs to reduce prices across the board, making Mustang Mach-E even more accessible to customers and keeping it competitive in the marketplace.

Ford 434

Ford Price Production SUV 434

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. Tesla discusses lithium refining facility’s water supply in Nueces.

Tax 142

Tax Texas Water Tesla 142

Teslarati

NOVEMBER 29, 2023

The reprieve would concern the eligibility of electric vehicles for the IRA’s tax incentives. One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. The Biden Administration is considering a reprieve from the Treasury’s requirements.

Tax Credit 121

Tax Credit Tax United States North America 121

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. gallon US) with tax exemption and a $0.16/liter An open access paper on their study is published in Biotechnology for Biofuels. Click to enlarge. million tons in 2008.

Gasoline 351

Gasoline China Tax London 351

Green Car Congress

JANUARY 5, 2020

A study by an international team of researchers warns that the global transition to global low-carbon energy technology could be at risk unless new international agreements and governance mechanisms are put in place to ensure a sustainable supply of rare minerals and metals. Their paper is published in Science. Sovacool et al.

International 195

International Carbon Supplies Energy 195

Green Car Congress

SEPTEMBER 8, 2022

The supply of sustainably sourced woody biomass feedstock by Enviva is expected to commence in 2024, which will meet sustainability criteria, subject to independent, third-party audits and certifications. Further, the IRA extends and modifies the tax credit for the production of renewable energy from biomass and other technologies.

Supplies 150

Supplies Commercial Fuel Tax Credit 150

Green Car Congress

JUNE 18, 2021

million in Excelsior Jobs Program tax credits in exchange for job creation commitments for the iM3NY project. In the US, iM3NY is part of the supply chain for the Department of Defense and is supporting the electrification of several large US corporations. million, including a $4 million Upstate Revitalization Initiative grant and $3.5

New York 468

New York Lithium Ion Tanzania Tax Credit 468

Green Car Congress

MARCH 30, 2023

The first evidence can be seen in consumer interest in the Ford Mustang Mach-E and the Tesla Model Y following the reclassification of both vehicles as SUVs, which made them eligible for a $7,500 federal tax credit under the Inflation Reduction Act. Additionally, both manufacturers recently announced significant price cuts on both models.

Price 404

Price Powered Power Tax Credit 404

Green Car Congress

FEBRUARY 23, 2022

There is also a compelling financial case for this acquisition, with significant synergies expected in SG&A, supply chain operations and facilities optimization. —Tom Linebarger, Chairman and CEO, Cummins. Strategic rationale. Meritor is an industry leader in axle and brake technology.

Climate Change 429

Climate Change Commercial Financing Global 429

Teslarati

JULY 12, 2024

Ford is considering growing its electric vehicle (EV) supply chain in Kentucky. Ford’s car parts factory in Shelbyville would likely contribute to the automaker’s growing supply chain in Kentucky. Ford’s $400 million investment is eligible for tax credits under the Kentucky Investment incentives.

Kentucky 128

Kentucky Ford Supplies Shelby 128

Teslarati

JANUARY 27, 2023

Michigan Senator Debbie Stabenow successfully opposed a proposal by fellow Democrat Joe Manchin of West Virginia to eliminate certain electric vehicle models from being eligible for the Inflation Reduction Act’s (IRA) $7,500 tax credit. tax credit blocked by fellow Democrat appeared first on TESLARATI.

Tax Credit 140

Tax Credit Tax West Virginia North America 140

Teslarati

OCTOBER 25, 2024

LG Energy Solution (LGES) and Ford signed a battery supply deal. Meanwhile, the supply deals are expected to help Ford meet tougher battery-sourcing requirements for EVs in Europe, the United Kingdom, and the United States. The post LG Energy Solution & Ford sign battery supply deal appeared first on TESLARATI.

Ford 122

Ford Supplies Energy Poland 122

Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. If it does, the Silverado EV will qualify for the IRA’s full $7,500 EV tax credit. Treasury’s proposed battery requirements for EV tax incentives. The Ultium line will likely adhere to the U.S.

Tax Credit 136

Tax Credit Silverado Chevrolet Tax 136

Teslarati

NOVEMBER 15, 2021

Tesla CEO Elon Musk wants to know how his $15 billion in taxes will be used by the US government. Based on Musk’s recent responses to Sanders, it appears that the CEO has had it with criticism surrounding his tax payments. Just as Musk noted in the past, he is not at all opposed to paying taxes.

Tax 145

Tax Tesla IDEA Supplies 145

Green Car Congress

JUNE 2, 2013

If this potential production supplied the Volt Gas Volt plants, the nuclear plants could operate at nearly 100% capacity. The allocation of emissions allowances and the carbon tax, once it is in place. A carbon tax levied directly on fossil fuels could be calculated on the BTU equivalent of the oil needed to produce a tonne of CO 2.

Volt 334

Volt Financing Gas Powered 334

Green Car Congress

NOVEMBER 18, 2021

The base Fisker Ocean Sport trim level is priced at $37,499, before federal and state tax credits. Fisker estimates that the EPA range of the front-wheel-drive, single-motor Fisker Ocean Sport will be 250 miles on a single charge, using a lithium-ion phosphate (LFP) battery cell chemistry in Touring Range packs to be supplied by CATL.

Fisker 449

Fisker Auto Production Los Angeles 449

Green Car Congress

JUNE 6, 2023

billion investment for clean hydrogen through the Bipartisan Infrastructure Law, ongoing research and development efforts across the federal government, as well as strong policy incentives—including a new production tax credit for clean hydrogen—in the Inflation Reduction Act. It also complements the massive $9.5-billion

Cleaning 415

Cleaning Clean Hydrogen Tax Credit 415