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Automakers win extension on use of Chinese graphite in EV tax credits – ET Auto

Baua Electric

Treasury Department on Friday gave automakers additional flexibility on battery mineral requirements for electric vehicle tax credits on some crucial trace minerals from China, such as graphite. 1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts.

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Opinion: Saudis Planning For A War Of Attrition In Europe With Russia’s Oil Industry

Green Car Congress

Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

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Westport partners with GAZ Group on new CNG medium-duty vehicle range

Green Car Congress

and GAZ Group, the leader of the Russian commercial vehicles market, signed a multi-year development and supply agreement for a new range of GAZ Group medium-duty compressed natural gas (CNG) commercial vehicles. A 2012 Global Strategic Business Report projects that the number of natural gas vehicles in Russia will almost double by 2018.

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Indonesian official says current nickel price will benefit miners, smelters – ET Auto

Baua Electric

The contract had surged in 2022 to a record high above USD 100,000 after expectations of reduced supplies from major producer Russia. Seto reiterated that the government has stopped offering tax breaks for investment to produce NPI, and is steering new investment into production of battery materials.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Report: Chinese Export Rule Changes Could Impact EV Battery Production

The Truth About Cars

percent of the global graphite supply, respectively, while Brazil handles about 6 percent. While Canada and Russia are responsible for about 1 percent a piece, every other nation on the planet represents less than a single percent of the world’s total supply. Mozambique and Madagascar produce 13 and 8.5

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