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Benchmark: Saudi Arabia is building an EV battery supply chain

Green Car Congress

Although the Saudi government has been investing into the EV sector since 2018, the midstream and upstream segments are still in their early stages, Benchmark noted. The Saudi advantage lies in relatively low reagent costs and government incentives like tax, land, and capital support, said Benchmark consultant Ahmed Mehdi.

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Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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Dutch Cabinet Approves Mileage Tax; In Effect in 2012 if Approved by Parliament

Green Car Congress

The Dutch Cabinet on Friday approved a new road tax bill that would eliminate the current motor vehicle tax and purchase tax and replace them with a charge per kilometer driven, starting in 2012 and increasing through 2018. The average rate for a car is expected to be: Dutch Mileage Tax.

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

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Older Tesla Model S builds to lose connectivity features with 3G network phase out

Teslarati

Tesla Model S owners with pre-June 2015 builds of the company’s flagship sedan are set to lose some connectivity features in their vehicle as AT&T is gearing up to shut down its inferior 3G network. The post Older Tesla Model S builds to lose connectivity features with 3G network phase out appeared first on TESLARATI.

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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. Alcoa has been building its third-party bauxite business and is well-positioned to meet growing global demand. billion in 2018. It has a low 19 th percentile position on the global bauxite cost curve.

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NY launches first EV charging station installation rebate initiative for public and private locations; $5M available

Green Car Congress

Cuomo announced that $5 million is available as part of the first rebate designed specifically for the installation of electric vehicle charging stations at workplaces, office buildings, multi-family apartment buildings, and public locations such as theaters, malls, parks and retail locations.