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CBO report finds new CAFE standards would reduce gasoline tax by 21% in 2040; $57B drop to Highway Trust Fund from 2012-2022

Green Car Congress

In a new report, the Congressional Budget Office (CBO) finds that the fuel economy standards proposed for model years 2017 through 2025 would eventually reduce revenues from the gasoline tax by 21% in 2040. gasoline tax revenues, however, would not occur for. receipts from all sources. The full 21% reduction in. about 30 years.

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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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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. As of October 2017, 337,483 ZEVs have been sold in California. As of October 2017, California had fulfilled 22.5%

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

Green Car Congress

Those who finance their vehicles will see a net positive cash flow—again, specific to the additional cost of technology—starting immediately. Cost of vehicle technology, vehicle taxes, insurance, maintenance, and fuel for the sales-weighted average model year 2025 vehicle by year of ownership. Fuel savings are 2.4

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