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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

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.

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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., ITC Holdings Corp., ITC Holdings Corp.,

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Hybrids vs EVs: where should government put its money

Baua Electric

By: Srinjoy Bal | Updated on: 21 Jan 2024, 12:05 PM In a recent letter to the government, Tata Motors has opposed the further tax cuts on hybrids. Meanwhile, Toyota and Maruti Suzuki are of the view for more tax cuts on hybrids. --> In a recent letter to the government, Tata Motors has opposed the further tax cuts on hybrids.

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Nissan launches new luxury Cima in Japan with one-motor two-clutch hybrid system

Green Car Congress

Nissan Motor Co., has launched the fifth-generation of its luxury sedan the Nissan Cima, equipped with Nissan’s one-motor two-clutch parallel hybrid system. Nissan Cima. Click to enlarge. Earlier post.) The Cima also features, among its other technologies, the first application of sound-absorbing tires on a Nissan vehicle.

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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. But it basically comes down to whether or not they can qualify for the two $3,750 credits. or in a country where the U.S.

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Lucid Motors slashes worth of Wind sedan as EV price battle grows

Baua Electric

Over a date in the past, Lucid, which is majority owned by way of Saudi Arabia’s Society Funding Charity, and its friends needed to lift costs of its vehicles as emerging uncooked subject material costs and nagging delivery chain bottlenecks sparked by way of COVID-19 accident the automobile trade crispy. Newark, Calif.-based

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Nissan launches new Skyline in Japan; one-motor two-clutch hybrid system in every grade

Green Car Congress

Nissan Motor Co., Nissan’s original one-motor two-clutch parallel hybrid “Intelligent Dual Clutch Control” system ( earlier post ) is adopted in every grade. Prices range from ¥2,990,400 to ¥3,490,650 (US$30,150 to US$335,200), including consumption tax. New Skyline. Click to enlarge.

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