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Hybrid used more for “tax breaks” rather than for zero emissions’: PB Balaji of Tata Motors | Autocar Professional

Baua Electric

Taking a dig at the push for hybrid vehicles, Tata Motors’ Group CFO, PB Balaji, cast doubt on the technology’s environmental benefits, suggesting it’s primarily driven by tax breaks rather than a commitment to clean mobility. In 2023, the industry witnessed the share of hybrid vehicles increase to around 2% from 1.7%.

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New Zealand LM Energy Applies for Underground Coal Gasification Prospecting Permit

Green Car Congress

As part of its long term strategy to secure substantial energy resources in New Zealand L&M Energy Limited (LME) has lodged an application for an underground coal gasification (UCG) prospecting permit over a 2.112 sq km area containing in excess of 2 billion tonnes of Waikato coal measures. Prospecting permit application area.

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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas. —Christopher Knittel.

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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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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

A small margin in the market drastically affects the cost of fuel and its availability. The vehicles use electricity produced from nuclear power, coal, natural gas or solar energy. You can now purchase an electric vehicle at a fair price due to the existing tax credits. Check your local situation before you buy.

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This utility in the US Midwest is going to add 3.6 GW of wind and solar

Baua Electric

GW of “always-available resources” by 2030 as backup power during peak demand. However, the utility says it’s still on track to close all its coal plants by 2030. billion in estimated Inflation Reduction Act tax credit savings for its clean energy and battery storage additions. Xcel Energy also said it will add 2.2

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US and China Presidents Announce US-China Electric Vehicles Initiative, Six Other Measures to Strengthen Cooperation Between the Countries on Energy Issues

Green Car Congress

Making this information mutually available and working towards common standards can help facilitate rapid deployment of electric vehicles in both countries. The roadmap will be made widely available to assist not just US and Chinese developers, but also the global automotive industry. 21 st Century Coal. Joint demonstrations.

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