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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit. It won’t solve the problem.

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Alcoa splitting into two companies; expecting 2.4x increase in automotive revenues to $1.8B in 2018

Green Car Congress

The separation is intended to qualify as a tax-free transaction to Alcoa shareholders for US federal income tax purposes. billion between 2009 and 2014. The overall contribution of the value-add portfolio to Alcoa’s after-tax operating income has more than doubled from 25% in 2008 to 51% in 2014. billion in 2018.

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California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

Green Car Congress

Europe has gasoline taxes over $4 per gallon and still finds the need to adopt aggressive performance standards for cars to reduce GHGs and oil use. The 2012 amendments to the ZEV reg adopted as part of the ACC package reduced the California sales upper bound for IVMs from 60,000 units to 20,000 per year beginning with the 2018 model year.

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Report: California cumulative PEV sales at 10.5% of 2030 goal; true ZEVs at 5.6%

Green Car Congress

times higher to meet the 2030 goal, according to the report, which mainy analyzes Q4 2018 results. Using this more flexible interpretation that includes both true ZEVs and combustion PHEVs, total PEV sales since 2009 account for 10.5% Light truck market share in California in Q4 2018 was 57.3%, up from 54.0% times higher.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Earlier post.). Providing a toolkit for climate resilience.

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Audi banking on Gen 2 3.0L TDI diesel for US sales; calls for a “fair shot” for diesel

Green Car Congress

Do they get state or federal tax breaks? In fact in 6 of the states, diesel fuel is penalized with additional state taxes. So diesel fuel gets taxed twice or penalized twice at the federal and state level. marketshare by 2018—i.e., share and volume are expected to more than double from 2013 to 2018.

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Chevrolet Extends LPG Portfolio Throughout Europe

Green Car Congress

In 2009, Chevrolet will further expand its LPG product range throughout Europe. This will include the brand-new Chevrolet Cruze, which will hit the European dealer showrooms in May 2009. This will include the brand-new Chevrolet Cruze, which will hit the European dealer showrooms in May 2009. million in Poland alone.

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