Green Car Congress

MARCH 10, 2022

This legislation would make the sale of E15 year-round permanent; create a tax credit for higher biofuel blends; streamline E15 labeling; provide funding for E15 infrastructure; extend the biodiesel tax credit for three more years; and ban imports of Russian petroleum products.

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Tax Credit Iowa Sale Production 333

Green Car Congress

DECEMBER 9, 2022

Air Products and The AES Corporation plan to invest approximately $4 billion to build, own and operate a green hydrogen production facility in Wilbarger County, Texas. This mega-scale renewable power to hydrogen project includes approximately 1.4

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Texas Hydrogen Green Production 353

Green Car Congress

MARCH 7, 2023

More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

Companies 430

Companies Batteries Battery Production 430

Green Car Congress

JUNE 23, 2022

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

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Congress Fuel Tax Tax Fuel 259

Green Car Congress

SEPTEMBER 29, 2020

The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06 per gallon of DME used and $0.06 per gallon). Oberon’s process.

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Tax Alternative Fuels California Fuel 376

Green Car Congress

DECEMBER 7, 2020

Lunaz, a creator of electric classic cars, announced the first tranche of production availability for classic electric Range Rovers. Prices for classic electric Range Rovers by Lunaz start at £245,000 (US$329,000) excluding local taxes. From the start of production, fully roofless options will be offered.

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Tax Range Price Production 286

Baua Electric

APRIL 4, 2024

Battery materials and technology company NOVONIX has been selected to receive a $103-million tax credit under section 48C of the Qualifying Advanced Energy Project Allocation Program, to support production of critical battery materials at its Riverside facility in Chattanooga, Tennessee.

Tax Credit 52

Tax Credit Tennessee Tax Production 52

Green Car Congress

JANUARY 31, 2023

With its new EV supply chain coming online, Ford says it is significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times and to take advantage of streamlined costs to reduce prices across the board, making Mustang Mach-E even more accessible to customers and keeping it competitive in the marketplace.

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Ford Price Production SUV 434

Teslarati

DECEMBER 30, 2023

General Motors (GM) is suing the city of San Francisco for allegedly taxing the automaker unfairly by using its self-driving unit Cruise to subject the company to $108 million in taxes over a seven-year period. Beyond the tax refund of $108 million, GM is requesting the recovery of $13 million in interest and penalties.

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San Francisco Tax GM General Motors 125

Green Car Congress

MAY 13, 2023

This paradox requires equivalent supply and demand-side policies to simultaneously reduce power and transportation sector emissions and emissions of aluminum production, the report says. DPA supports the domestic production of strategic materials, including aluminum, used in large-capacity batteries used in EVs and military systems.

Production 225

Production Tax Credit Tax Electric 225

Teslarati

JANUARY 25, 2024

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 units with batteries from SK On qualify for federal tax credits. 4 EV may choose to apply the tax credit as a down payment for the vehicle. The 2023 ID.4 Volkswagen sells the 2023 ID.4

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Tax Credit Tax Batteries Battery 127

Baua Electric

MARCH 28, 2024

However, Kia will accelerate EV9 momentum with plans to begin US production by May. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Kia to kick off US EV9 production in May After launching the EV9 in the US late last year, Kia has handed over 3,839 models in the US.

Tax Credit 52

Tax Credit Kia Tax Production 52

Clean Fleet Report

OCTOBER 22, 2023

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. In this blog post, we’ll explore why leasing a car, like a Cupra Formentor or a Nissan Leaf, can be an ideal choice for your business, both in terms of financial benefits and tax advantages.

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Tax Nissan Cars Fleet 78

InsideEVs

MARCH 28, 2024

production of the EV9 at its West Point, Georgia plant since early 2024. Kia says it's been testing U.S.

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Tax Credit Kia Georgia Tax 125

Teslarati

MARCH 2, 2023

The Nevada Governor’s Office of Economic Development (GOED) Board approved a $330,250,366 million tax break for Tesla. Listed below are the taxes Tesla could generate, assuming it invests all $3.6 million in gross average annual property tax revenues $11.2 million in gross average annual sales taxes $1.1

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Nevada Tax Tesla 2014 140

Teslarati

APRIL 8, 2024

The new policy lowers import taxes for foreign automakers and encourages them to invest at least $500 million in vehicle production within India. The post Panasonic Energy aims for EV battery production in India appeared first on TESLARATI. Tesla reportedly plans to invest $2 billion in a gigafactory in India.

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India Energy Batteries Battery 143

Teslarati

DECEMBER 13, 2022

During a special meeting, the Robstown Independent School District approved a taxable value limitation for Tesla’s proposed lithium refinery under Chapter 313 of the Texas Tax Code. million on property taxes over that period. The vote was unanimous, hinting at the board’s support for the American electric vehicle maker. .

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Tax Texas Water Tesla 145

Teslarati

MARCH 29, 2023

The United States Department of Treasury’s battery sourcing guidance might slash EV Tax credits from the Inflation Reduction Act (IRA). The Treasury will release the battery guidance for the IRA EV tax credits this Friday, April 1, 2023. The post US battery guidance might slash IRA EV Tax credits appeared first on TESLARATI.

Tax Credit 97

Tax Credit Tax Batteries Battery 97

Green Car Congress

MAY 17, 2023

Ionic Mineral Technologies, a developer of advanced silicon anode battery materials, launched its Generation 1 Ionisil nano-silicon product for Li-ion cell manufacturers. Earlier post.) In addition, Ionisil will add zero cost per unit of capacity to existing batteries. Based on Ionisil having 7.5x

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Li-ion Manufacturer Lithium Ion Production 259

Teslarati

JANUARY 18, 2022

Orion Township approved General Motors’ (GM) request for a tax rebate on its proposed $1.3 According to GM’s official application for the tax rebate: “The proposed investment is primarily for the construction of several additions and land improvements to support electric vehicle production.”

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Tax General Motors GM Production 109

Teslarati

AUGUST 25, 2023

As per a recent report, India is reportedly considering a policy that would reduce import taxes for automakers that are willing to produce some of their vehicles in the country. Tesla’s Model Y crossover, its best-selling vehicle, starts at $47,740 in the United States before tax credits.

India 98

India Tax Tesla Tax Credit 98

Green Car Congress

AUGUST 10, 2021

In an effort to decarbonize transportation and reduce aviation emissions, Congress is considering new legislation to establish a tax credit to promote and develop robust domestic SAF production. We recognize the importance of decarbonizing the aviation sector with low carbon liquid fuels.

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Tax Credit Tax Congress EPA 170

Teslarati

FEBRUARY 2, 2023

But while the idea of a Giga Nevada expansion is compelling, Nevada state officials have signed a non-disclosure agreement with the EV maker that will keep the details of potential tax breaks for the $3.6 The spokesperson highlighted that the NDA with Tesla prohibits the release of specific figures regarding potential tax abatements for now.

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Nevada Tax Tesla 2014 135

Baua Electric

APRIL 22, 2024

Both are eligible for the $7,500 EV tax credit, cutting the effective price for many households to just $37,130 and $42,130 respectively. The Model 3 also doesn’t qualify for the EV tax credit. In addition, the base Model Y RWD now undercuts the base Model 3 by $5,000 for the tax-credit-eligible. at Fremont. 2024 Tesla Model Y.

Tax Credit 52

Tax Credit Tax Price Tesla 52

Green Car Reports

NOVEMBER 5, 2021

We follow another round of twists and turns toward a renewed EV tax credit. And Panasonic is pushing toward mass-production of Tesla’s 4680 format. Panasonic is sounding increasingly on-board with mass production of the larger-format 4680 cells. Will Mini build a rival to the Volkswagen electric Bus?

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Tax Credit Tax Tesla Green Cars 186

Teslarati

MARCH 28, 2024

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. As noted in a Nikkei Asia report, Kia is poised to start the production of the EV9 in the United States by May 2024.

Tax Credit 53

Tax Credit Kia Tax Georgia 53

Green Car Congress

AUGUST 31, 2020

The increase brings the gasoline tax from $0.414 to $0.507 per gallon (22.5%). In order to ensure the state has the funds necessary to support these projects, the law dictates that the Petroleum Products Gross Receipt (PPGR) tax rate must be adjusted accordingly to generate roughly $2 billion per year. million.

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Tax Gasoline Diesel 2016 186

The Truth About Cars

DECEMBER 7, 2023

Earlier this year, the rules around EV tax credits seemed to be changing every other week. Unsurprisingly, the automaker announced a production cut for the SUV in October and said it was delaying further investments, including the much-talked-about BlueOval project in Kentucky.

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Tax Credit Tax Ford Kentucky 104

Teslarati

AUGUST 31, 2023

Fisker released more details on the production of the $29,900 Pear electric vehicle (EV). The Fisker Pear will be produced in the United States and would likely benefit from the country’s EV tax incentives from the Inflation Reduction Act. It plans to build a factory in Ohio for Fisker Pear production.

Fisker 123

Fisker Production Tax Credit Tax 123

Green Car Congress

APRIL 27, 2022

Ford has begun full production of F-150 Lightning electric pickup at the ultra-modern Rouge Electric Vehicle Center within Ford’s historic Rouge Complex. Ford has 200,000 reservations for the Lightning and is expanding the Rouge Electric Vehicle Center to ramp up production to a planned annual run rate of 150,000 in 2023.

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F-150 Ford Production Tax Credit 370

Green Car Reports

AUGUST 13, 2021

The Senate votes to reel in an EV tax credit expansion, although it might not mean much yet. “Blue” hydrogen production facilities using coal or fossil fuels, such as. Looking at end use, hydrogen from coal is dirtier than coal combustion. And Mini shows how stripped-down it can get with an EV.

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Tax Credit Coal Tax Hydrogen 173

Green Car Congress

SEPTEMBER 13, 2023

Electrode catalysts for polymer electrolyte membrane fuel cells (PEFCs) As part of the agreement, production equipment will be installed at the plant of Ya’an Guangming Paite Precious Metal Co., a subsidiary of Chengdu Guangming Paite Precious Metal, with plans to start full-scale production in the summer of 2024.

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China Fuel Production Polymer 170

Teslarati

MARCH 29, 2023

Tesla published a notice on the Model 3 RWD’s configurator page, informing buyers that its EV tax credits will reduce by March 31. The Tesla Model 3 RWD will be affected by the US Treasury’s battery guidance for the Inflation Reduction Act’s (IRA) $7,500 EV tax credits.

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Tax Credit Tax Tesla United States 98

The Truth About Cars

JANUARY 30, 2024

4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. 4, which start at a base MSRP of $38,995 before the tax credit, a more budget-friendly option in the electric SUV segment. 4 models is conditional on future battery production and may be subject to change. 4 The 2023 ID.4

Tax Credit 52

Tax Credit Tax EPA Tennessee 52

The Truth About Cars

MAY 27, 2021

Changes include raising the federal EV tax rebate ceiling to $12,500 and opening the door for automakers who already exhausted their production quotas. The post Senate Finance Committee Approves $12,500 EV Tax Credit Bill appeared first on The Truth About Cars.

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Tax Credit Financing Tax General Motors 119

Teslarati

FEBRUARY 22, 2023

Tesla’s tax abatement package for Giga Nevada’s expansion is under fire by Senator Dina Neal, who criticized the use of a nondisclosure agreement (NDA) to keep the specifics under wraps until just days before the Governor’s Office of Economic Development (GOED) will vote on its terms. I think it’s more so of the process.”

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Nevada Tax Tax Credit Tesla 102

Teslarati

JULY 29, 2022

The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits. This should go in line with Tesla’s ramp of its 4680 cells , which are expected to help the company reduce its vehicle production costs.

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Tax Credit Affordable Tax Tesla 145