Green Car Congress
MAY 4, 2020
New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.
Clean Fleet Report
JUNE 15, 2021
With more users gearing towards purchasing electric vehicles, a surge in demand has drastically hit the electric automobile industry. You can now purchase an electric vehicle at a fair price due to the existing tax credits. The federal tax credit exempts allows you to deduct up to $7,500 from the vehicle’s initial cost.
Electric Vehicles India
MARCH 7, 2023
With the advent of battery technology, the automobile industry is shifting towards electric vehicles from the gasoline ones. The Indian government has implemented a number of incentives and policies to encourage the adoption of electric vehicles, including tax breaks, subsidies, and infrastructure investments.
Setec Powerr
NOVEMBER 30, 2022
Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. In addition, the tax rate for pure electric vehicles in Thailand was reduced from 8% to 2% in June this year. What is the mystery behind it?.
Green Car Congress
JULY 9, 2012
Experts urged greater efforts on China’s part to boost development of the new energy vehicle industry. Energy-saving and new energy vehicles have become the development direction of the international automobile industry. The scale of China’s automobile production and sales in the world, is expected to continue to grow.
Revenge of the Electric Car
DECEMBER 28, 2009
in tax incentives for those sites and others. The state has the highest US unemployment rate at 15.2%, largely a result of the depressed automobile industry that has resulted in thousands of layoffs in the past 18 months. “We expect the Detroit-Hamtramck plant will be the first facility in the U.S. Michigan has approved $135.2m
Electric Vehicles India
JUNE 11, 2021
The Government of India is continuously making efforts to bring the electric vehicles revolution in India through various initiatives be it providing exemption of tax on electric vehicles or providing incentives under the FAME II (Faster Adoption and Manufacturing of Hybrid and EV).
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