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Battle over EV tax credit pits automakers against oil interests

Green Car Reports

The possibility of an extension for the $7,500 federal EV tax credit has recently intensified lobbying efforts in Washington D.C.—and —and pitted the efforts of the auto industry soundly against those of the oil and gas industry. So reports the Washington Post.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

Natural gas and other alternative fuel vehicle technology is basically mature, the government said, and is headed toward initial industrialization. 2012 Chinese Auto Industry Development Report. 2012 Chinese Auto Industry Development Report.

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Dealers Finally Have EV Inventory But Now Lack Buyers

The Truth About Cars

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.

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Tesla led the EV market closer to ICE price parity in 2023: Cox

Teslarati

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. Credit: Cox Automotive IRA EV tax credits winning over more auto dealers in 2024 What are your thoughts? Cox plans to release a more in-depth EV report later this week.

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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. kg CO 2 e/kg of material, the range for aluminum is 11.2-12.6,

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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. The MMR did not differentiate between used gas-powered vehicles or second-hand cars. An increase in electric vehicle sales could lead to growth in the EV market.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Norway has long been a major producer of oil and gas, and remains the biggest oil producer in Western Europe, as well as, the third-largest exporter of natural gas in the world. Its greenhouse gas emissions (GHG) back in the 1990s were around 51.7 million tonnes per year. Investing in Infrastructure.

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