Green Car Congress

APRIL 10, 2023

Tesla will build its next Megafactory—the company’s utility-scale battery factory—in Shanghai; the plant will be capable of producing 10,000 Megapacks per year, equal to approximately 40 GWh of energy storage. billion (US$325 million) of annual tax revenues starting at the end of 2023.

Energy Storage 284

Energy Storage Building Energy Tesla 284

Electrek

FEBRUARY 9, 2024

The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October. According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit.

Tax Credit 145

Tax Credit Hyundai Tax America 145

Electrek

NOVEMBER 20, 2021

Electric bicycles and electric motorcycles may be getting significantly more affordable in the US after tax credits for both advance closer towards becoming law. more… The post Tax credits jump to $1,500 for e-bikes, $7,500 for electric motorcycles in Build Back Better Act appeared first on Electrek.

Tax Credit 145

Tax Credit Electric Motorcycles Motorcycles Tax 145

Electrek

JANUARY 20, 2022

Officials from Orion Township, Michigan approved a 12-year tax abatement for a proposed $1.3 GM) to build out the Orion Assembly plant in Lake Orion to build the coming wave of electric GM cars. more… The post GM scores huge tax break on $1.3 billion plan to build new EVs in Orion appeared first on Electrek.

Tax 114

Tax GM Building General Motors 114

The Truth About Cars

MARCH 7, 2024

The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. It’s followed not-so-closely by the Mini Cooper SE, but regaining tax credit eligibility is a significant boost. has a free-trade agreement. Image: Nissan] Become a& TTAC insider.

Tax Credit 104

Tax Credit Tax Nissan Tennessee 104

Teslarati

NOVEMBER 29, 2023

The reprieve would concern the eligibility of electric vehicles for the IRA’s tax incentives. One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. The Biden Administration is considering a reprieve from the Treasury’s requirements.

Tax Credit 79

Tax Credit Tax United States North America 79

Baua Electric

APRIL 25, 2024

Honda is finally joining the EV race after announcing a massive $11 billion (CAD$15 billion) investment to build four new EV plants in Canada. The historic investment will be used to build Canada’s first EV supply chain, enabling 240,000 Honda EVs to be made for the US and Canada annually. Production is expected to begin in 2028.

Honda 52

Honda Building Tax Credit Canada 52

Green Car Congress

JUNE 26, 2023

The Saudi advantage lies in relatively low reagent costs and government incentives like tax, land, and capital support, said Benchmark consultant Ahmed Mehdi. March 2023: Novonix announced a joint venture deal to build a 30,000 tonne capacity graphite anode materials facility with TAQAT Development, a Saudi energy company.

Saudi Arabia 170

Saudi Arabia Supplies Building Chevron 170

Green Car Congress

JUNE 23, 2022

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

Congress 259

Congress Fuel Tax Tax Fuel 259

Green Car Reports

NOVEMBER 22, 2021

And will the EV tax credit include that union-made bonus? The House version of the Build Back Better Act passed last week includes a tax. Hybrids are hot for car thieves right now. Tesla owners quibble over an outage. This and more, here at Green Car Reports.

Tax Credit 186

Tax Credit Tax Hybrid MPG 186

Green Car Congress

DECEMBER 1, 2022

In the US, the Clean Vehicle Tax Credit calls for automakers to provide proof of where they are sourcing their critical minerals and manufacturing their battery components, while the upcoming EU Battery Regulation will focus on proof of sourcing, responsible provenance, chain of custody, recycled materials and embedded carbon.

Economy 330

Economy Building Batteries Battery 330

Green Car Reports

JUNE 7, 2023

The base Tesla Model 3 now qualifies for the full $7,500 federal EV tax credit, joining other Model 3 variants. On Friday, Tesla fans noted that, when building a base Model 3, Tesla then indicated that it was eligible for a $7,500 credit.

Tax Credit 116

Tax Credit Tax Tesla EPA 116

Green Car Congress

JANUARY 4, 2021

The granted support concerns the creation of favorable conditions for the implementation of the planned investment by providing FCA with the possibility of taking advantage of tax reliefs in the field of corporate income tax (CIT). million m² is allocated to production halls and service buildings. It covers an area of 2.4

Poland 334

Poland Jeep Building Hybrid 334

Green Car Reports

OCTOBER 4, 2022

A Georgia judge has rejected a proposed tax break for Rivian the automaker would have received as part of a deal to build a new factory in the state, the Associated Press reported Friday.

Georgia 132

Georgia Tax Building Parts 132

Energy Institute at HAAS

JANUARY 24, 2022

Build Back Better (BBB) prospects are not looking so good. And the problem with swinging for the fences … Continue Reading Fighting Climate Change With Tax Credits. Can we get more carbon mileage out of politically passable climate policy?

Tax Credit 135

Tax Credit Climate Change Climate Tax 135

CN EV Post

AUGUST 19, 2022

China will establish a coordination mechanism for the development of the NEV industry and will vigorously build charging piles. The post China to extend NEV purchase tax exemption to end of 2023 appeared first on CnEVPost. For more articles, please visit CnEVPost.

Purchase 145

Purchase Tax China Industrial 145

Green Car Reports

AUGUST 23, 2022

New federal EV tax credit rules requiring greater domestic content could accelerate Hyundai's timeline for building electric cars in the United States, according to a recent Reuters report.

Tax Credit 124

Tax Credit Tax Hyundai United States 124

Teslarati

MARCH 2, 2023

The Nevada Governor’s Office of Economic Development (GOED) Board approved a $330,250,366 million tax break for Tesla. Listed below are the taxes Tesla could generate, assuming it invests all $3.6 billion in land, buildings, and equipment for Giga Nevada. million in gross average annual property tax revenues $11.2

Nevada 110

Nevada Tax Tesla 2014 110

Green Car Reports

NOVEMBER 22, 2021

The infrastructure and social policy bills passed by the United States House of Representatives this week include many EV provisions, from investments in charging infrastructure to a rejuvenated EV tax credit. The Build Back Better Act (H.R. 5376) replaces the current federal EV tax credit with a new one that.

Tax Credit 164

Tax Credit Tax Parts Climate 164

The Truth About Cars

DECEMBER 7, 2021

Elon Musk has continued bashing the Biden administration’s tax credit legislation designed to spur electric vehicle adoption, this time suggesting that the entire bill be scrapped. The post Elon Musk Continues Insulting Biden Admin’s EV Tax Credit Scheme appeared first on The Truth About Cars. “Honestly, I […].

Tax Credit 105

Tax Credit Tax Climate Building 105

Teslarati

JULY 12, 2023

Tesla has updated the Model 3 sedan’s landing page with a new message about the all-electric sedan and its eligibility for the US Inflation Reduction Act’s (IRA) federal tax credit. As per the EV maker, reductions to the Model 3’s federal tax credit will likely take effect after December 31, 2023.

Tax Credit 81

Tax Credit Tax Tesla Ford 81

Green Car Reports

NOVEMBER 5, 2021

Will Mini build a rival to the Volkswagen electric Bus? We follow another round of twists and turns toward a renewed EV tax credit. And Panasonic is pushing toward mass-production of Tesla’s 4680 format. This and more, here at Green Car Reports.

Tax Credit 174

Tax Credit Tax Tesla Green Cars 174

Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. If it does, the Silverado EV will qualify for the IRA’s full $7,500 EV tax credit. Treasury’s proposed battery requirements for EV tax incentives. The Ultium line will likely adhere to the U.S.

Tax Credit 96

Tax Credit Silverado Chevrolet Tax 96

EV Adoption

JULY 4, 2022

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

Fuel Tax 98

Fuel Tax Tax Electric Vehicles Fuel 98

Teslarati

DECEMBER 13, 2022

During a special meeting, the Robstown Independent School District approved a taxable value limitation for Tesla’s proposed lithium refinery under Chapter 313 of the Texas Tax Code. million on property taxes over that period. The vote was unanimous, hinting at the board’s support for the American electric vehicle maker. .

Tax 118

Tax Texas Water Tesla 118

The Truth About Cars

AUGUST 2, 2023

Toyota will build the vehicle in its Kentucky factory, where its own electric three-row will be produced. Toyota’s variant is expected to wear the bZ5X name, and the automaker will start building the Subaru version shortly after its own. The brotherly love is expected to continue with a new three-row SUV in 2025.

Kentucky 98

Kentucky Toyota Building Tax Credit 98

Electrek

OCTOBER 10, 2022

Audi is the latest automaker looking to shift its strategy after the historic Inflation Reduction Act was passed, expanding federal tax credits in the US. The post Is Audi going to build its first US EV assembly plant? appeared first on Electrek.

Audi 104

Audi Building Tax Credit Tax 104

Teslarati

MARCH 31, 2023

The IRS has updated its guidance relating to the Inflation Reduction Act’s (IRA) tax credit that applies to electric vehicles, with new rules coming into effect on April 18. The post IRS updates IRA EV tax credit guidance, new rules apply April 18 appeared first on TESLARATI. The other has to do with the region of manufacturing.

Tax Credit 77

Tax Credit Tax North America United States 77

InsideEVs

OCTOBER 10, 2022

The US government hoped that the new federal EV tax credit would encourage domestic manufacturing, and it seems it's working.

Tax Credit 85

Tax Credit Tax Audi Building 85

Electrek

OCTOBER 3, 2022

Georgia Senator Reverend Warnock introduced a new bill that would expand which electric vehicles qualify for a tax credit through the Inflation Reduction Act. The post Georgia Senator introduces bill that would allow Hyundai, other automakers to qualify for EV tax credit appeared first on Electrek.

Tax Credit 98

Tax Credit Georgia Tax Hyundai 98

Electrek

JULY 17, 2023

Despite opposition, the Georgia Supreme Court declined to hear an appeal contesting the legitimacy of Rivian’s expected property tax breaks for its new $5 billion EV facility in the state. more… The post Rivian (RIVN) wins in Georgia as EV maker gets green light to build $5B facility appeared first on Electrek.

Georgia 98

Georgia Light Building Green 98

Teslarati

JULY 23, 2021

Tesla is seeking lower import taxes on electric vehicles in India by writing to the country’s government ministries. However, Tesla has finally started making some moves toward building and producing electric cars at a new factory in India. This would impose a 100% tax on all of its vehicles, except for this configuration.

Tax 123

Tax India Tesla IDEA 123

Teslarati

JULY 20, 2023

Tesla’s tool helps customers realize the discounts they could receive for buying a sustainable vehicle, which state and the federal government have incentivized with tax credits. Here, we see Tesla buyers in State College, PA would only receive the $7,5o0 tax credit for a Model 3 purchase.

Tax 75

Tax Tax Credit Maryland Tesla 75

Teslarati

JANUARY 7, 2024

Japanese automaker Honda is considering locations to build an electric vehicle (EV) factory in Canada featuring the use of in-house battery cells. It’s also expected to help the automaker gain access to EV tax credits in the U.S. under Inflation Reduction Act (IRA) rules mandating that vehicles are built domestically.

Canada 102

Canada Honda Building Electric Motorcycles 102

The Truth About Cars

NOVEMBER 6, 2023

The report noted that Tesla plans to build a car with a 25,000-Euro starting price, or just shy of $27,000. While the Model 3’s prices have fallen in recent times, the least expensive model in the line is $38,990 before tax credits and local incentives.

Affordable 111

Affordable Building Germany Tax Credit 111

Teslarati

SEPTEMBER 17, 2022

Tesla is still planning to build electric vehicle battery cells in Germany at Giga Berlin, and faster than previously projected. Earlier this week, the Wall Street Journal reported Tesla was planning to delay battery cell production outside of the United States as recently-signed tax credit plans benefit domestic battery manufacturing.

Building 145

Building Tax Credit Batteries Battery 145

InsideEVs

DECEMBER 13, 2021

With the proposed changes in Build Back Better, changes to the EV tax credit structure are imminent.

Tax Credit 101

Tax Credit Tax Building 101