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Pyka awarded $7M California tax credit to expand manufacturing of zero-emission autonomous aircraft

Green Car Congress

Pyka, a developer of autonomous electric aviation technology, was awarded a $7-million California Competes Tax Credit with the California Governor’s Office of Business and Economic Development (GO-Biz), approved last week by the California Competes Tax Credit Committee.

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California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

Green Car Congress

The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06 million grant from the California Energy Commission last summer.

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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

Tesla in Berlin, Northvolt in northern Germany and Italvolt near Turin are among the projects that stand to lose the greatest volumes of their slated capacity as the companies weigh up investing in the US instead. Battery investment in the US and China continued to grow, and European companies have already signalled expansion in America.

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“Lithium tax” gets approved in California amid critics’ opposition

Teslarati

A plan to tax lithium, which is widely used in the production of electric vehicle batteries, has been approved in California as part of the state’s efforts to generate revenue for environmental remediation projects. The California lithium tax was approved by Governor Gavin Newsom as part of a must-pass state budget on Thursday.

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Tesla Model 3 just became cheaper than Toyota Camry in California

Teslarati

The Tesla Model 3 just became less expensive than the price of the Toyota Camry in California thanks to the company’s confirmation that each of the all-electric sedan’s trim levels qualifies for the full $7,500 tax credit. ALSO READ: Tesla Model Y price cuts have brought costs below U.S. I’d love to hear from you!

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Tesla’s move to Texas labeled ‘betrayal’ of California, a way to escape paying taxes

Teslarati

Tesla enthusiasts might have seen it coming all along, especially after California politicians spewed profanities in the direction of the CEO, whose company has already provided an influx of employment opportunities to its new Texas market. They asked, he granted, and now Musk is still being painted as the bad guy. Probably not.

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GM suing San Francisco to refund over $108 million in Cruise taxes

Teslarati

General Motors (GM) is suing the city of San Francisco for allegedly taxing the automaker unfairly by using its self-driving unit Cruise to subject the company to $108 million in taxes over a seven-year period. Beyond the tax refund of $108 million, GM is requesting the recovery of $13 million in interest and penalties.