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Daimler AG Board approves Project Future corporate restructure; goes to shareholders in 2019

Green Car Congress

The new structure comprises three legally independent entities—Mercedes-Benz AG, Daimler Truck AG and Daimler Mobility AG—under the umbrella of Daimler AG. The steps toward implementation will be taken in 2018 and 2019. The measures approved by the boards today require the final approval of the shareholders as a next step.

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Former Buick-GMC worker in Michigan sentenced to 42 months in jail for embezzling

Baua Electric

The Circumstance of Michigan stated it believes Root embezzled the cash between 2016 and 2019, the usage of the money for playing. Root, who didn’t declare the remaining cash on her taxes, was once charged with 4 counts of embezzlement and 4 counts of submitting a fraudelant tax go back. Root pled accountable in April.

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Driving the sales of electric vehicles

Clean Car

The UK Government has legally committed us to achieving a net-zero carbon economy by 2050. Most notably, in April 2020 a raft of tax related changes were brought in, which made huge changes to National Insurance and Benefit in Kind treatment of EVs. For more on this see our tax blog [link]. Why do we need to switch?

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ELECTRIC VEHICLE RULES IN INDIA: Everything That You Must Know

Get Electric Vehicle

To promote the widespread adoption of EVs, the government has implemented various financial incentives, such as subsidies and tax exemptions, which are not available to conventional vehicles. The FAME II scheme, introduced in 2019, focuses on supporting electric two-wheelers, three-wheelers, and four-wheelers used for commercial purposes.

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Advocating electric in the heartland

Electric Auto Association

Members of Mid-America Electric Auto Association (MAEAA) , straddling KansasCity and stretching into Missouri, Kansas, and Oklahoma, have been active in challenging two pieces of legislation in the Kansas State Legislature, including a 2019 ordinance to level a demand charge on the state’s solar-powered homes.

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A First: An AI System Has Been Named An Inventor

Cars That Think

Abbott and his team filed applications in 2018 and 2019 in 17 patent offices around the world, including in the United States, several European countries, China, Japan, and India. He and a group of patent lawyers decided to seek out a test case to help establish a legal precedent. Pay Income Taxes? Charles, Mo. Hold a Patent?

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.