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South Korea’s Yoon pledges to extend tax benefits for chip investments – ET Auto

Baua Electric

In January 2023, the government unveiled a plan to offer large tax breaks to semiconductor companies investing at home, which are set to end this year. South Korean President Yoon Suk Yeol said on Monday that he would extend tax credits on investments in the domestic semiconductor industry to boost employment and attract more talent.

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Tax filers: If you’re claiming IRA tax credits, then you need this free tool

Baua Electric

Photo: Tesla If you bought an EV or made electric upgrades in 2023, then use this Rewiring America tool to confirm which Inflation Reduction Act (IRA) tax credits you qualify for. The IRA tax credits are new, so it’s good to have a tool to refer to during tax preparation. Tesla drivers, this pertains to you, too.)

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Subaru mistakenly says 2024 Solterra owners are eligible for the $7,500 EV tax credit

Baua Electric

Subaru mistakenly said some 2024 Solterra owners will qualify for the $7,500 EV tax credit. Subaru “owners” are not eligible for $7,500 EV tax credit Subaru introduced the 2024 Solterra electric SUV yesterday with new upgrades, including faster charging and more. FTC: We use income earning auto affiliate links.

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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Ola Cabs brings back Ankush Aggarwal to its ride-hailing biz – ET Auto

Baua Electric

Ankush is part of the senior leadership or what is being internally referred to as a “ CXO team ”, amid a broader shift and restructuring at the ride-hailing firm following the exit of chief executive Hemant Bakshi. He was previously involved with Ola Electric Mobility. Revenue grew 58% to INR 2,135 crore.

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‘Positioned in carrier’ definition referred to as into query by means of sellers, automakers

Baua Electric

Treasury Segment to tied battery sourcing necessities within the electrical automobile tax credit score to when the automobile used to be manufactured in lieu of when it used to be brought to the patron. WASHINGTON — Industry teams representing franchised automobile sellers and automakers are asking the U.S.

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

Baua Electric

“We are aiming to build the downstream industry,” Septian Hario Seto, a deputy coordinating minister overseeing mining, told a business forum, referring to the sector that refines nickel ore into higher-valued products. Our intention is to build the industry from upstream to downstream,” he said.