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Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain.

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Satellite view of Silver Peak lithium mine

Green Car Congress

Demand for US-produced lithium is particularly strong due to tax incentives that reward consumers for buying electric vehicles with domestically produced and assembled parts. In addition to examining clay resources, Albemarle is seeking ways to optimize lithium extraction from its brine resources, including those in the Clayton Valley.

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California Air Resources Board adds another $25 million to expand clean vehicle rebate program

Green Car Congress

The California Air Resources Board (ARB) voted to immediately expand the funding and current waiting list for incentive funds that help consumers buy zero-emission and plug-in hybrid vehicles. That can be combined with an up to $7,500 federal tax credit and other regional incentives.

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SK On signs 5-year lithium hydroxide supply deal with SQM

Green Car Congress

The IRA offers a tax credit to consumers when they buy an EV with batteries equipped with a certain percentage of critical minerals extracted or processed in the US. The deal with SQM is expected to boost SK On’s efforts to meet the IRA requirements as Chile is a free trade agreement (FTA) partner with the US. Earlier post.).

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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050). Implications for energy and climate policy in the United States Karplus, V.J.,

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Westwater Resources is building a facility in Alabama to process one of the largest graphite deposits in the US

Charged EVs

Q&A with Jon Jacobs of Westwater Resources Everyone in the EV industry is talking about the IRA and the BIL, two sets of federal regulations that include strong incentives for automakers to establish domestic supply chains for EV raw materials and components. Charged : Graphite’s a hot property these days. Tell us about Westwater’s plans.

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How to Take Advantage of EV Charging Incentives for Fleets

Blink Charging

You can find incentives such as: Tax credits – These incentives lessen the amount of taxes that must be paid to the government for specific purchases. Government agencies at all levels provide incentives for buying EVs and/or installing electric vehicle infrastructure. Technology and market readiness resources.

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