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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. The top 5 countries with the highest motor tax revenues are: Germany ?

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China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show

CN EV Post

percent from February, according to data released today by the China Association of Automobile Manufacturers (CAAM). China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 percent year-on-year and up 24.4 Production of NEVs in China was 674,000 units in March, up 44.8 percent year-on-year and up 22.1

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Study finds car dealerships pose significant barrier to EV adoption

Green Car Congress

The researchers also found that dealers’ technological orientation, willingness to sell and displayed knowledge of EVs were main contributors to likely purchase intentions. of the mystery shopping encounters resulted in the shoppers having preferred an EV option for their next car purchase over an ICEV; this drops to just 2.9%

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National Academies issues interim report on overcoming barriers to PEV deployment

Green Car Congress

It also considered barriers that automobile manufacturers and dealerships face in promoting the adoption of PEVs. PEVs have higher purchase prices than comparable conventional vehicles. Some research has shown that purchase rebates can be more effective than income-tax credits, the committee noted.

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China Car Sales Likely Hit New Record in April

Green Car Congress

million units, according to estimates from the China Association of Automobile Manufacturers (CAAM). China unveiled a support package for the auto industry early this year, cutting purchase taxes for cars with small engine capacities and providing subsidies to rural purchasers.

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China Forecast to Produce 12M Vehicles This year

Green Car Congress

Sales of China’s domestically-made automobiles totaled 1.09 percent from a year earlier, the fifth month in a row that saw auto sales exceed one million units, according to the China Association of Automobile Manufacturers. million units in July, up 63.57

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