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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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Indian carmakers set to propose import duty rollback, but Tesla will miss out

Teslarati

Indian automakers are finally set on proposing the idea of budging on import duties that would allow foreign automakers to sell cars in the market for a reduced tax. “The message from Goyal was clear – if companies don’t come up with a proposal on lowering taxes, the government will do it for them,” the source said.

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Bain: Germany’s goal of 1M electric cars by 2020 is unattainable; fewer than 50,000 units on road by end of this year

Green Car Congress

Tax incentives, special depreciation allowances for electrically powered service vehicles and incentives for private customers of up to €5,000 (US$5,450) per vehicle are currently discussed politically, but the funding remains unclear.

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News: 2023 Fisker Ocean Introduced

Clean Fleet Report

Company CEO and founder Henrik Fisker has had a hand in designing the BMW Z8, the Aston Martin DB9 and the V8 Vantage, and the Fisker Karma. The pandemic created an opportunity for automobile manufacturers to get serious about designing and producing all-new, all-electric vehicles. The usual smooth EV front. Ocean Design.

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EV Charging: A Look at the International Landscape

EV Connect

In addition to directing the Environmental Protection Agency and the Department of Transportation to tighten fuel efficiency standards, President Biden has made supporting electric vehicles a top priority, expanding consumer tax credits for EV purchases and mandating that the entire federal fleet of vehicles be converted to electric.

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Trump promises 100% tariff on Mexico-built Chinese cars—EV or not

Baua Electric

In a Saturday campaign speech in Dayton, Ohio, Trump said that over a period of 30 years Mexico has taken away 34% of the automobile manufacturing business in the U.S. BMW Group Plant San Luis Potosí in Mexico Mexico already builds many U.S.-bound bound EVs but buys few of them.

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