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Senate Finance Committee Approves $12,500 EV Tax Credit Bill

The Truth About Cars

Changes include raising the federal EV tax rebate ceiling to $12,500 and opening the door for automakers who already exhausted their production quotas. It’s good news for General Motors, which recently begged the government for just […].

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DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Ford Motor Company. General Motors Company.

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GM restructuring; changing product development, production; 5 NA & 2 international plants shutting next year; staff reduction

Green Car Congress

General Motors on Monday outlined a series of major restructuring steps that it said would accelerate its transformation for the future, building on the strategy it laid out in 2015 to strengthen its core business, to capitalize on the future of personal mobility and to drive significant cost efficiencies. Optimizing product portfolio.

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Argonne releases new cradle-to-grave lifecycle analysis of US LDV vehicle-fuel pathways

Green Car Congress

High production volume is assumed unless explicitly specified. The electricity mix used in stationary processes (unless otherwise specified) comes from the 2035 US grid generation mix projected by the US Energy Information Administration (EIA) in the Annual Energy Outlook (AEO) 2021. Fuel production pathways considered.

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Fisker Automotive to Buy Shuttered GM Assembly Plant for Project NINA Production

Green Car Congress

Fisker Automotive has selected the GM Wilmington Assembly plant in Wilmington, Delaware for production for Project NINA, the development and build of a family-oriented plug-in hybrid sedan costing about $39,900 after federal tax credits. Fisker Automotive has signed a letter of intent with Motors Liquidation Co. Earlier post.).

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Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan

Green Car Congress

million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; The MEGA board approved a state tax credit valued at $44.6

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GM invests $356M in Flint, Saginaw and Grand Rapids engine/component operations; commits to $1B investment in Michigan by 2030

Green Car Congress

General Motors will invest more than $356 million in a new engine line in Flint and driveline and powertrain components in Saginaw and Grand Rapids, creating more than 50 jobs and helping to retain nearly 500 positions. D-Max/Moraine, Ohio: $82 million for productivity improvements. Today’s announced investment of $356.35

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