article thumbnail

Tesla bull calls battery cost declines “good deflation” that could boost EV sales

Teslarati

In contrast to “good deflation,” ARK also identified an example of “bad deflation” in the auto industry, specifically in the used car market. Some countries, including the United States and Canada, are already considering tax credits and rebates for second-hand EVs.

Sale 145
article thumbnail

T&E concludes that diesel cars emit more CO2 on a full lifecycle basis than gasoline cars

Green Car Congress

In Europe, the car market is skewed in favor of diesels through regulation and tax policies. T&E attributed Europe’s diesel share to three main causes: Distorted national fuel and vehicle taxes. Diesel fuel is taxed between 10% and 40% less than gasoline in most countries. —T&E study. Accounting for production emissions.

Gasoline 220
article thumbnail

Personal: One in a Million

Clean Fleet Report

In fact, it might not even be possible for the auto industry to produce that many EVs, although the rate of expansion is dizzying. Buyers could still receive federal tax credits and local incentives if available. The post Personal: One in a Million first appeared on Clean Fleet Report. Behind the Numbers.

article thumbnail

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?

article thumbnail

‘Hatchbacks are here to stay; no guarantee that SUVs will remain popular in the future’: RC Bhargava | Autocar Professional

Baua Electric

The Chairman of Maruti Suzuki India Limited who is also a seasoned veteran in the auto industry spanning over four decades, firmly advocates that for India to progress into a developed nation, accessible mobility options are imperative. Those are absolutely renewable, absolutely clean, and carbon-negative fuels.

Future 52
article thumbnail

CATARC and UC Davis establish China-US ZEV Policy Lab to accelerate adoption of plug-in and fuel cell cars in US and in China

Green Car Congress

CATARC is China’s the administrative body that oversees and regulates many activities of the auto industry in China, the world’s largest new-car market, and in the US. This agreement is an important milestone in coordinating global efforts to accelerate clean vehicle commercialization.

Davis 210
article thumbnail

Berkeley study finds clean vehicle rebates have predominantly benefited wealthy, white Californians

Green Car Congress

The distribution of California’s clean vehicle rebates across different socioeconomic groups has been uneven, with higher income groups more likely to receive rebates, according to a new study by a team from the University of California, Berkeley. fewer rebates per 1,000 households (b = −0.0544, p =.000).

St. Louis 290