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The US’s largest renewable developer says it’s ‘unlikely’ GOP would gut clean energy tax credits

Baua Electric

The US’s largest renewable developer on the IRA The Biden administration’s landmark climate change law, the Inflation Reduction Act, has created a US clean energy manufacturing boom, thanks to the generous tax credits and other incentives. The Republican Party says it’s going to work to repeal it. But time will tell.

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Former Sec’y Transportation LaHood outlines his view of future transportation systems in US, calls for 10-cent boost in gasoline tax

Green Car Congress

He also called on Congress to raise the gasoline tax $0.10 LaHood also referenced the Highway Trust Fund as a good starting source of funds, but said it should be supplemented by a vehicle-miles-traveled (VMT) tax, tolling, and public-private partnerships operating to cover the shortfall.

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EV tax credit score rules will have to be adopted, Manchin tells Treasury

Baua Electric

“My comment is simple: Follow the law,” he wrote in an 11-page letter to Treasury, explaining that the tax credit score’s objective is “no longer to promote the purchase and use of [EVs] … but to promote reliable domestic supply chains for the critical minerals and battery components” had to energy them.

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Fisker introduces Alaska pickup truck, Ocean with Force E off-road package; 11 Ocean deliveries in Q2

Green Car Congress

Fisker recently presented four future electric vehicles, as well as technology and sustainability visions, to an audience of investors, analysts, employees, and the media at an event in Huntington Beach, California. million in VAT receivables which Fisker expects to receive as refunds or to monetize against vehicle sales taxes.

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EV News: Always an adventure

Electric Auto Association

EV racing Festival of Speed UK event shows EVs could soon dominate auto racing. EV Policy CEOs answer call CEOs from several automakers including Ford and GM are urging Congress to lift the EV tax credit cap. Buick Wildcat concept. Concept Wildcat Buick is going all-electric and reinventing its brand with a new model.

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Texas CNG, LNG motor fuel sales double FY 2014 estimate

Green Car Congress

As of 31 July, fiscal 2014 tax revenue from sales of compressed natural gas (CNG) and liquefied natural gas (LNG) motor fuel totaled $2,178,199, according to the Texas state Comptroller’s office. State forecasters projected fiscal 2014 natural gas motor fuel tax revenue of $992,000, equal to sales of 6.6 million gallon equivalents.

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Nissan Sets US MSRP for 2011 LEAF EV at $32,780; As Low as $25,280 with Federal Tax Credit

Green Car Congress

Including the $7,500 federal tax credit for which the Nissan LEAF will be fully eligible, the consumer’s after-tax net value of the vehicle will be $25,280. Reserving a Nissan LEAF ensures consumers a place in line when Nissan begins taking firm orders in August, as well as access to special, upcoming Nissan LEAF events.