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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. Roberson et al.

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Independent study confirms cost savings & emissions advantages for heavy-duty trucks running ClearFlame’s engine technology

Green Car Congress

ClearFlame Engine Technologies, a startup developing net-zero engine technology ( earlier post ), announced the publication of an independent study that finds ClearFlame’s technology could help fleet owners and other heavy-duty truck operators lower total costs while meeting sustainability goals sooner than currently available alternatives.

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The Honda Prologue Gets Major Boost with Federal Tax Credit Eligibility

The Truth About Cars

The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale. Tax credits bring the Prologue’s starting price down to $41,295 after a $1,395 destination charge.

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Tesla creates two-seater Model Y for France business tax loophole

Teslarati

Tesla has launched a two-seater Model Y for business owners in France, helping them qualify for a unique tax loophole. million commercial vehicles, which are mostly powered by diesel engines. million commercial vehicles, which are mostly powered by diesel engines. million commercial vehicles, mostly powered by diesel.

France 109
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BYD chairman calls on China to extend NEV tax exemption until 2025

CN EV Post

Wang Chuanfu, chairman and president of BYD (OTCMKTS: BYDDY), suggested in an April 1 speech at the China EV 100 Forum that China should extend the NEV purchase tax exemption to 2025, hoping the move would be fast-tracked to stabilize expectations, according to a video replay seen by CnEVPost.

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Tesla and EV dominance in Norway causes shortage of fossil fuel cars to tax

Teslarati

Tesla and other electric vehicles are beginning to dominate the roads in Norway, leaving very few internal combustion engine (ICE) cars to tax. People who purchased new EVs were exempted from paying hefty taxes like VAT and purchase tax as well. A tax for second-hand EV sales might be implemented as well.

Norway 145
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CMU study finds taxes on emissions would result in more rapid electrification by ridesharing companies

Green Car Congress

Researchers at Carnegie Mellon’s College of Engineering have found that with an emissions-based incentive towards electrification, ridesourcing companies such as Uber and Lyft would electrify more and cut their emissions by amounts ranging from 10% in New York to 22% in Los Angeles. —Bruchon et al. Source: Bruchon et al.

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