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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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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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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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Germany wants tax breaks for synthetic fuels, doubts EVs will win zero emissions race

The Driven EV News

Germany says race for drive train of the future is wide open, and it wants tax breaks for synthetic fuels for internal combustion engine cars. The post Germany wants tax breaks for synthetic fuels, doubts EVs will win zero emissions race appeared first on The Driven.

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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. .”

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Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut

Baua Electric

Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. Hybrid cars have been touted as the bridge to fill in the gap between internal combustion engine technology and electric propulsion tech.

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