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Uber India posts 54% increase in FY23 revenue – ET Auto

Baua Electric

In FY22, revenue from ride-hailing — four-wheelers, auto rickshaws and bike-taxis — grew 30%. Xchange Leasing was engaged in the business of buying cars and leasing those out to its driver-partners. Meanwhile, Uber India has been facing scrutiny on several regulatory and tax fronts.

India 52
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Polaris to buy Global Electric Motorcars LLC (GEM) from Chrysler

Green Car Congress

GEM has developed business-to-business sales expertise within the fleet and government vehicle markets, and has core competencies in make-to-order vehicle fulfillment and mobile service support. GEM cars are eligible for incentives and tax credits from clean-air districts and other governmental agencies.

Chrysler 236
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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

In 1990, a CO2 tax was implemented and the country began to focus on establishing a greener transport system by promoting Norwegian EV production and adoption. Let’s take a look at the Volkswagen Golf versus the Volkswagen e-Golf as an example of how the tax scheme works in practice.

Global 83
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Electric vehicles Prices May Drop Soon, and Here’s Why

Get Electric Vehicle

Then, companies attempt to lower prices to get more customers to buy electric vehicles. # The Expiration of Tax Benefits. The expiration of tax benefits offered to the manufacturer played a significant role in the price drop as well. Consumer Reports pointed out that General Motors lost these EV tax benefits.

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Scalability Is a Leading Challenge Facing the EV Charging Ecosystem Today

Driivz

Over the next few years, as automakers produce increasing numbers of EVs for consumer and fleet adoption, the EV charging ecosystem will need to scale accordingly to meet demand. The answer lies in a platform that supports flexible implementation options so you can “buy some, develop some, expand as you grow” as your needs dictate.

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US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

The project will deploy 502 alternative fuel and advanced technology vehicles through 119 public and private fleets throughout the state. Clean Energy Coalition’s CEC Michigan Green Fleets Initiative. Fleets include transportation authorities, cities, school districts, the University of Michigan, FedEx, and Meijer.

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ITF analysis finds that societal costs for electric cars and vans range from €7K to €12K more than fossil-fueled equivalents

Green Car Congress

The ITF calculation ignores taxes on fuel (as from society’s point of view these are a transfer rather than a net cost); includes subsidies; and accounts for air pollution impacts. It is also not clear that households will buy electric vehicles as “like-for-like” replacements for fossil-fueled cars; a two-wheeler or other.