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How Corporations Can Help the U.S. Reach its EV Goals

Clean Fleet Report

How Corporations Can Help the U.S. The general assumption seems to be that Americans will simply ditch their gasoline-powered vehicles in favor of EVs. Meanwhile, the electrification of city- and corporate-owned vehicles has been dominating recent headlines. News and World Report recently posed the question: will the U.S.

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Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

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.

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Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

What I assumed would be a quick chat quickly devolved into my being educated on British tax codes, especially the benefit-in-kind (BIK) taxes applied to any items of value provided to employees. For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary.

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Hertz announces ‘strategic decision’ to slash EV fleet

Teslarati

.” Some of the vehicles were listed on Hertz’s website for as little as $17,700 before tax credits could be applied. Hertz now selling former Tesla rentals at bargain prices Currently, the maximum tax credit on a used EV is $4,000, so these Tesla Model 3 units that Hertz is selling could fall under $14,000.

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Polaris to buy Global Electric Motorcars LLC (GEM) from Chrysler

Green Car Congress

Since the company was established in 1998, it has placed more than 45,000 electric-powered vehicles on the road worldwide. GEM cars are eligible for incentives and tax credits from clean-air districts and other governmental agencies.

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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

Thousands of dealerships have urged President Joe Biden to reconsider the proposal — which could be finalized as soon as March — arguing it would mandate an unrealistic shift to solely battery-powered vehicles before the market and infrastructure are ready. Electric vehicles are exciting. That issue was exacerbated by provisions (e.g.&

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Bezos Bucks? Get Ready for Corporate Digital Currency

Cars That Think

Buying and selling cryptocurrencies is a big business. The fraction that involved buying actual stuff (goods and services) is so small that it’s hard to measure. Corporate Cash The idea of private digital currencies goes back to at least 1994, when the late Edward de Bono wrote of the “IBM dollar.” billion.