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Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut

Baua Electric

Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. Hybrid cars have been touted as the bridge to fill in the gap between internal combustion engine technology and electric propulsion tech.

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Norway’s Auto Sales Hit 60 Year Low After Tax Increases

CleanTechnica EVs

share of the auto market in January, down from 90.5% The January auto market was highly anomalous due to the new year’s introduction of tighter auto emissions and tax increases, which had pulled sales forward into December. Overall January auto volumes were just 1,860 units, […] year on year.

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Tata Motors advocates for incentives on EVs, opposes hybrid tax cuts in India: Report | Autocar Professional

Baua Electric

Tata Motors, India’s leading electric car manufacturer, is actively lobbying against potential tax cuts on hybrid vehicles in India, asserting that hybrids are more environmentally harmful than pure electric vehicles (EVs).

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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The Clean Vehicle Tax Credit for new EVs is worth up to $7,500 and the Previously Owned Clean Vehicle Tax Credit is worth up to $4,000.

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Hybrids vs EVs: where should government put its money

Baua Electric

By: Srinjoy Bal | Updated on: 21 Jan 2024, 12:05 PM In a recent letter to the government, Tata Motors has opposed the further tax cuts on hybrids. Meanwhile, Toyota and Maruti Suzuki are of the view for more tax cuts on hybrids. --> In a recent letter to the government, Tata Motors has opposed the further tax cuts on hybrids.

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Inflation Reduction Act mandates escalating battery critical mineral requirements to qualify for EV tax credit

Green Car Congress

The Inflation Reduction Act , which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 ( earlier post ). Among the changes are an extension of the tax credit through 2032, the removal of the unit-sales cap of 200,000 per OEM, and a new mandate for qualified cars being assembled in North America.

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Hyundai introduces 2018 Sonata Hybrid and Plug-in Hybrid models at Chicago Auto Show

Green Car Congress

Hyundai unveiled the redesigned 2018 Sonata Hybrid and Plug-in Hybrid models at the Chicago Auto Show. Although the powertrains remain the same, the new Sonata Hybrid and Plug-in Hybrid feature a comprehensive exterior and interior redesign, safety, suspension and new and improved infotainment and connectivity features.

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