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Texas considers EV tax, and EV owners are on board

Teslarati

The Texas State Legislature is considering levying a tax against EV owners to fund road upkeep and improvement, and EV owners are on board. Electric vehicles are the choice for many consumers not only due to their environmental benefits but also due to their reduced cost of ownership.

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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). In this part 2 article, we’ll dive deeply into the elimination of the per manufacturer 200,000 EVs sold phaseout.

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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

It’s no secret that the average sticker price on an EV is a whopping 33% more than a comparable gas-powered vehicle, which can be a significant deterrent for many potential car buyers. Any unused funds are not available as a refund or to be used on the following year’s taxes. Not anymore.

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Petrobras says it is expanding oil and gas production in the pre-salt in “economically viable” manner

Green Car Congress

Responding to press articles saying that the collapse of the global oil price is threatening oil and gas production in the off-shore Brazil pre-salt layer, Petrobras countered that it is expanding its production capacity “in an economically viable manner.” On Tuesday, 6 January, the price for WTI crude closed at $47.93/bbl,

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NITI Aayog bats for incentives for LNG-fuelled commercial vehicles – ET Auto

Baua Electric

NITI Aayog has proposed a host of fiscal and non-fiscal incentives, extension of the production linked incentive scheme to LNG-fueled vehicles and setting up a demand aggregator to encourage use of liquified natural gas (LNG) in medium and heavy commercial vehicles.

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Progress! IRA signed into law

Electric Auto Association

The Inflation Reduction Act (IRA) is a massive climate, health care, and tax bill with the overarching goal of slowing the rise in consumer prices that have been climbing at the fastest pace in approximately 40 years. For all tax related items, consult with a tax advisor. Most comprehensive climate package in U.S.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Norway has long been a major producer of oil and gas, and remains the biggest oil producer in Western Europe, as well as, the third-largest exporter of natural gas in the world. Its greenhouse gas emissions (GHG) back in the 1990s were around 51.7 million tonnes per year. Investing in Infrastructure.

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