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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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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., ITC Holdings Corp.,

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Government of Canada investing nearly $15M in new EV chargers across the GTA

Green Car Congress

In support of the government’s objective of adding 50,000 new zero-emission vehicle (ZEV) chargers to Canada’s network, Budget 2022 also provided an additional $900 million to Natural Resources Canada and the Canada Infrastructure Bank to continue deploying zero-emission vehicle infrastructure. Budget 2022 delivered an additional $1.7

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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Limited is required to divest itself of its investment in Power Metals Corp. Zangge Mining Investment (Chengdu) Co.,

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Canada’s Budget 2022 calls for C$3.8B to launch Critical Minerals Strategy

Green Car Congress

billion (US$3 billion) to implement Canada’s first Critical Minerals Strategy to capitalize on a growing need for the minerals used in everything from phones to electric cars. Among its measures is up to C$3.8 The Budget also allocates more than $3 billion (US$2.4 Source: Budget 2022. In total, Budget 2022 proposes to provide up to $3.8

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Major deposits of rare earth elements reported at Ramaco’s Brook Mine in Wyoming

Green Car Congress

In association with researchers from the Department of Energy’s National Energy Technology Laboratory (NETL) and analysts at mining consultancy Weir International, metallurgical coal producer Ramaco Resources released an independent Exploration Target report with technical assessment of rare earth elements (REE) found at its Brook Mine in Wyoming.

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S&P Global: US faces new challenges meeting increased demand for critical minerals spurred by IRA

Green Car Congress

Copper is not currently listed as a critical mineral in the United States and does not qualify for IRA tax credits. Doing so would require a challenging reorientation of trading patterns across several countries given intense international competition for resources, the study says.

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