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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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Your Guide to Electric-Vehicle Charging-Station Tax Credits

EV Connect

And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. On the federal, state and local levels, there are a plethora of tax credits for installing electric-vehicle charging stations. Washington state offers tax credits for up to 50% of the costs of equipment and related costs.

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ICCT calculates consumer benefits of increased efficiency in 2025-2030 light-duty vehicles in the US

Green Car Congress

According to the analysis, under current standards, buyers of model year 2025 vehicles would fully recoup the extra cost for technology in the vehicle in the third year of ownership under a cash-purchase scenario. These results are shown assuming a 3% discount rate, AEO Reference fuel prices, and cash purchase. Fuel savings are 2.4

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ARTBA says new 54.5 mpg fuel efficiency standard would result in $65+ billion in lost revenue for highway and transit projects

Green Car Congress

miles per gallon equivalent (mpge) between 2017 and 2025 ( earlier post ) would result in the loss of more than $65 billion in federal funding for state and local highway, bridge and transit improvements, according to an analysis by the American Road & Transportation Builders Association (ARTBA). Summary of the analysis. Click to enlarge.

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Qualcomm to acquire NXP for ~$38B; semiconductor engine for connecred world

Green Car Congress

The transaction utilizes Qualcomm’s strong balance sheet and will be efficiently financed with offshore cash and new debt. The transaction structure allows tax efficient use of offshore cash flow and enables Qualcomm to reduce leverage rapidly. The tender offer is not subject to any financing condition. per share in cash.

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India’s electric four-wheeler ride-hailing fleet incentives

Electric Vehicles India

For Bangalore, it was approved in 2017 and will operate and valid till 2023. It aims for the first 5,000 registered vehicles (electric) for ride-hailing services for four wheeler commercial passenger vehicles with 100% e road tax and registration fee exemption. of the financed amount for the first 6 months of their launch.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. The Finance Ministry sought a change in the mineral extraction tax formula to generate an additional 609 billion rubles in 2015 and 1.6

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