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UK launching £400M vehicle charging infrastructure fund; putting extra £100M to support for buying EVs

Green Car Congress

Among the elements in the budget are the launch of a new £400-million (US$530-million) Charging Investment Infrastructure Fund and the provision of an extra £100 million (US$133 million) towards helping people buy battery-electric cars. The money will come from a temporary rise in Company Car Tax and Vehicle Excise Duty on new diesel cars.

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SK On signs 5-year lithium hydroxide supply deal with SQM

Green Car Congress

The IRA offers a tax credit to consumers when they buy an EV with batteries equipped with a certain percentage of critical minerals extracted or processed in the US. The deal with SQM is expected to boost SK On’s efforts to meet the IRA requirements as Chile is a free trade agreement (FTA) partner with the US. Earlier post.).

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

Under the scheme, around 500 of the largest emitters in Australia—facilities that have direct greenhouse gas emissions of 25,000 tonnes of CO 2 -equivalent per year or more (excluding emissions from transport fuels and some synthetic greenhouse gases)—will need to buy and surrender to the Government a permit for every tonne they produce.

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Car more than 15 years old? State govts announce discounts for scrapping; 5 things to know about how to scrap an old car – ET Auto

Baua Electric

Then you should know that 21 states and union territories (UTs) are offering up to 25% discount on personal vehicle price or road tax for customers who scrap their old vehicles and buy a new one, stated a Times of India news report. After 15 years, the vehicle pollutes the environment more than any new vehicle.In

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A stack of lies you could drive a Toyota HiLux through | Opinion

EV Central

READ MORE: It’s a green light for electric vehicles! He’s even dubbed it “Albo’s ute tax”, and you should buckle down for hearing that one more often). If I was a company like Isuzu, selling a lot of highly polluting utes, and with no hybrids or EVs in my quiver to offset them, I’d be a bit skittish about the future, too.

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Next 10 report says widespread EV adoption in California could deliver significant economic benefits to the state by 2030 and 2050

Green Car Congress

Even under a relatively conservative baseline scenario that assumes no improvement in EV costs in the coming ten years, EV adoption could result in significant economic benefits by stimulating the overall economy, reducing pollution, and improving public health outcomes. billion from averted medical costs.

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France raising penalties and cutting incentives in lower carbon car purchase scheme

Green Car Congress

The French Government will reduce the purchase tax incentives for lower carbon cars and increase the penalties for high-pollution vehicles beginning in January. France’s bonus-malus scheme provides financial rewards for those who purchase or lease a new vehicle emitting less CO 2 g/km while taxing more heavily polluting cars.

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