Green Car Congress

AUGUST 16, 2023

However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global. Copper is not currently listed as a critical mineral in the United States and does not qualify for IRA tax credits.

Global 370

Global Chile United States North America 370

EV Life

MAY 19, 2023

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.

Tax Credit 52

Tax Credit Tax Personal F-150 52

Green Car Congress

OCTOBER 18, 2022

The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. of global emissions. The amount of CO 2 being captured today is 43 million tons, or 0.1%

Carbon 293

Carbon Global Tax Credit Wyoming 293

Green Car Congress

DECEMBER 12, 2013

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. Funded at $2.3 Funded at $2.3 Lead organization. Description.

Tax Credit 218

Tax Credit Tax Clean Cleaning 218

Green Car Congress

SEPTEMBER 1, 2020

Before the COVID-19 pandemic lockdowns, engineering simulation software company Ansys commissioned a global survey of 16,037 adults resulting in some insights about consumer attitudes toward vehicle electrification. US respondents are most likely to buy an EV if the government offers a federal/state tax credit.

Tax Credit 186

Tax Credit Global Vehicles Tax 186

Green Car Reports

JANUARY 27, 2024

Which CEO of a global automaker suggested that EVs may never top 30% of the global vehicle market? Which EV from a U.S. automaker became the top-selling vehicle on the planet, electric or not? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 26, 2024.

Tax Credit 132

Tax Credit Tax Green Cars Price 132

Green Car Reports

JANUARY 31, 2024

new vehicle market this month, S&P Global Mobility has predicted. The market share of EVs won't increase dramatically over the previous month, as automakers, dealers, and consumers digest new federal tax credit rules brought on by the Inflation Reduction Act (IRA) that went into effect with the start. of the total U.S.

Tax Credit 163

Tax Credit Market Sale Vehicles 163

Green Car Reports

MARCH 27, 2024

New rules for the federal EV tax credit enacted in 2022 as part of the Inflation Reduction Act are "discriminatory" and "seriously distorted" the global EV supply chain, the Chinese Ministry of Commerce.

Tax Credit 121

Tax Credit China Tax Chinese 121

Green Car Congress

JUNE 16, 2021

Unifrax, a global manufacturer of high-performance specialty materials, plans to build its first large-scale SiFAB (silicon fiber anode material) manufacturing line at its north central Indiana facility. million in conditional tax credits based on the company’s job creation plans.

Manufacturer 417

Manufacturer Building Indiana Tax Credit 417

Green Car Congress

MAY 24, 2023

Circulor’s approach can also support the automotive industry in proving the requirements of the US Clean Vehicle Tax Credit. The new alliance comes as global competition is sharply increasing for access to critical raw materials such as lithium, cobalt, nickel and graphite.

Tax Credit 170

Tax Credit Batteries Battery Tax 170

Green Car Congress

OCTOBER 13, 2022

An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

Energy Storage 259

Energy Storage Global Market Energy 259

Green Car Congress

JULY 24, 2012

Its eligibility for a $3,750 federal tax credit drops that to $29,995. Both Prius Plug-in models qualify for a federal tax credit of $2,500. C-MAX Energi also is expected to qualify for additional tax credits up to $1,500 in California. The base MSRP for the Prius Plug-in Hybrid is $32,000.

Tax Credit 268

Tax Credit Plug-in Tax Ford 268

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said. Closing this 2.7

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

MAY 11, 2023

Cirba Solutions, a comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, selected global professional services company Jacobs to expand manufacturing capacity for sustainable electric vehicle (EV) battery materials across North America.

Tax Credit 218

Tax Credit Batteries Battery Lithium Ion 218

Green Car Congress

MAY 13, 2023

CHIPS Act sets aside $39 billion in direct federal assistance to produce semiconductors in the US, which is the fastest growing demand share of high purity aluminum discs These laws do offer some supply-side support, specifically the manufacturing production tax credit (45X) and investment tax credit (48c).

Production 225

Production Tax Credit Tax Electric 225

Green Car Congress

FEBRUARY 22, 2023

Eligibility for state tax credits is dependent on individual tax circumstances. IONIQ 6 is the second Hyundai model to ride on Hyundai’s exclusive Electric-Global Modular Platform (E-GMP) that allows for dual motors, optimized interior space, and optimized performance. million BEV units worldwide by 2030.

Hyundai 284

Hyundai Miles Range Tax Credit 284

Green Car Congress

JANUARY 11, 2023

Topsoe and Fidelis New Energy have entered into a global alliance for technology used for producing carbon-neutral hydrogen. The alliance pairs Topsoe’s hydrogen process portfolio with FidelisH2 technology for reduction of lifecycle carbon emissions in hydrogen production.

Hydrogen 199

Hydrogen Carbon Tax Credit Energy 199

Teslarati

FEBRUARY 5, 2024

The Model 3 sedan and Model Y crossover comprise the lion’s share of Tesla’s global sales. That is, at least, unless one takes into account federal tax credits in the United States. With the IRA’s federal tax credit in place, the Model Y could effectively be more affordable than the Model 3 in the United States.

Tax Credit 116

Tax Credit Price Motor Motors 116

Green Car Reports

APRIL 18, 2023

The IRS posts its shortlist of models qualifying for the $7,500 EV tax credit. And Polestar and Lincoln are among the brands that have saved global reveals for China’s Shanghai auto show. Toyota is testing low-carbon fuels for its plug-in hybrids. The Tesla Model Y is now challenging ICE models in price.

Tax Credit 121

Tax Credit Toyota Hybrid PHEV 121

InsideEVs

NOVEMBER 18, 2021

The base FWD model offers 250 miles of range and a $29,999 starting price after tax credits.

Tax Credit 122

Tax Credit Fisker Global SUV 122

Green Car Congress

JANUARY 9, 2010

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. Scheduled to be fully operational by mid-2011, the facility will be in close proximity to GE Global Research in Niskayuna, where advances to the battery chemistry were developed.

Tax Credit 210

Tax Credit Obama Tax Clean 210

Green Car Congress

AUGUST 1, 2023

The US Department of Energy (DOE) released its 2023 Critical Materials Assessment (2023 CMA), which evaluated materials for their criticality to global clean energy technology supply chains. The Assessment focuses on key materials with high risk of supply disruption that are integral to clean energy technologies.

Clean 370

Clean Cleaning Supplies Energy 370

Teslarati

OCTOBER 24, 2023

“This will become our core engine for consistent mid-to-long term growth, upon which we will become a global leader providing the world-best value to our customers.” The Korean battery supplier’s operating profit included the estimated IRA tax credit amount of KRW 215.5 billion to $5.5

Arizona 106

Arizona Tax Credit Energy Tax 106

Green Car Congress

MARCH 8, 2010

Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. The largest reductions in GHG emissions from transportation are obtained by increasing the cost of driving with fuel taxes, resulting in lower emissions in 2030 than in 2010.

Tax Credit 220

Tax Credit Tax Emissions Fuel 220

Green Car Congress

MAY 23, 2023

The origin of SQM's lithium should help Ford vehicles to qualify for the Inflation Reduction Act (IRA) consumer tax credit and will help support its plans to produce electric vehicles and expand its presence in the global electric mobility markets. Neither company provided volumes or timelines.

Supplies 199

Supplies Ford Tax Credit Lithium Ion 199

Green Car Congress

APRIL 14, 2009

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.; and LG Chem-Compact Power Inc. A123Systems Inc.

Tax Credit 150

Tax Credit Michigan Li-ion Tax 150

Green Car Congress

APRIL 27, 2022

Ford is on track to deliver more than 2 million electric vehicles annually by 2026, equal to about one-third of the company’s global volume, on the way to 50% by 2030.

F-150 370

F-150 Ford Production Tax Credit 370

The Truth About Cars

SEPTEMBER 1, 2023

but the timing will likely coincide with production starting at its American factories to meet federal tax credit requirements.& Rumors have pointed to the automaker starting production in the country first, and Chinese buyers are a vitally important group for the company. & [Image: Tesla] Become a& TTAC& insider.

Global 85

Global Market Tax Credit Tesla 85

Green Car Congress

JULY 20, 2023

Nikola Corporation and Fortescue Future Industries (FFI), a global green energy and metals company, announced that FFI will acquire Nikola’s Phoenix Hydrogen Hub (PHH) project. Earlier post.) FFI and Nikola are working towards a hydrogen supply agreement to support Nikola’s hydrogen fuel cell electric vehicle demand.

Phoenix 150

Phoenix Hydrogen Future Tax Credit 150

Teslarati

JANUARY 11, 2024

In the filing , Hertz said the figure is roughly one-third of its global EV fleet. ” Some of the vehicles were listed on Hertz’s website for as little as $17,700 before tax credits could be applied.

Fleet 118

Fleet Tax Credit Tax Purchase 118

Baua Electric

JANUARY 3, 2024

Tesla and Chinese automaker BYD were the two global contenders for most EV sales in 2023. 7,500 EV tax credit on some of its models, potentially affecting sales in this market. The post Tesla led in 2023 global EV sales, but BYD outsold it in Q4 appeared first on Bauaelectric Auto News. automaker in the fourth quarter.

BYD 52

BYD Global Sale Tesla 52

Teslarati

APRIL 5, 2024

million EVs in the global market in 2024. Kia ultimately aims to boost its global EV sales to 4 million by 2027 and 4.3 Kia is prepared to fully invest in electric vehicles (EVs), despite growing concerns of slowing demand for EVs. During Kia’s CEO Investor Day event, the Asian carmaker announced plans to sell 3.2

Kia 108

Kia Tax Credit Hyundai Sale 108

Blink Charging

APRIL 4, 2023

Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations. Limited time to claim tax credits for EV fleets There are currently numerous incentives to purchase EVs and EV charging equipment.

Fleet 92

Fleet Tax Credit Vehicles Tax 92

Teslarati

MAY 18, 2024

While Tesla’s other factories have become ramped up production quite a bit as well, likely even outpacing the Fremont plant, the site still plays a key role in the company’s global strategy and it remains highly efficient and productive. before the federal or local tax credits, and following a few price adjustments.

Nevada 124

Nevada Tesla Tax Credit Cars 124

Green Car Reports

NOVEMBER 4, 2018

General Motors is already shaping up to be second only to Tesla in blasting past the 200,000-vehicle ceiling for the federal EV tax credit; and it has plans to produce 20 new fully electric vehicles by 2023.

Tax Credit 131

Tax Credit General Motors Global GM 131

Green Car Congress

SEPTEMBER 4, 2012

Entrepreneurs and advocates for electric and plug-in hybrid vehicles conversions have taken advantage of the platform to create a petition urging the Administration to extend the Qualified Plug-in Electric Drive Motor Vehicles (IRC 30D) tax incentives, currently granted for new plug-in vehicles, to plug-in conversions.

Conversion 286

Conversion Obama Plug-in Tax 286

Green Car Congress

JANUARY 19, 2023

US-based graphite processor Urbix ( earlier post ) announced a Joint Development Agreement with global EV battery developer and manufacturer SK On (SKO). Headquartered in Seoul, SKO is a global Tier 1 cell-maker, with major battery plants operating and under construction across Asia, the US and Europe.

Tax Credit 210

Tax Credit Kentucky Lithium Ion Tennessee 210