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“Lithium tax” gets approved in California amid critics’ opposition

Teslarati

A plan to tax lithium, which is widely used in the production of electric vehicle batteries, has been approved in California as part of the state’s efforts to generate revenue for environmental remediation projects. The California lithium tax was approved by Governor Gavin Newsom as part of a must-pass state budget on Thursday.

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Tesla Model 3 just became cheaper than Toyota Camry in California

Teslarati

The Tesla Model 3 just became less expensive than the price of the Toyota Camry in California thanks to the company’s confirmation that each of the all-electric sedan’s trim levels qualifies for the full $7,500 tax credit. Previously, the lower two configurations of the Model 3 used batteries built in China.

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Tesla gets official nod from China with tax exemption

Green Car Reports

The California-based electric car maker Tesla has received a boost from the nation with the world’s largest auto market—China. As part of a declaration posted Friday by the country’s Ministry of Industry and Information Technology, Tesla is receiving an exemption from a 10-percent purchase tax.

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Tesla Model Y trim gets minimal price increase in China

Teslarati

Tesla Model Y Rear-Wheel-Drive units in China received minimal price increases of less than a percentage point this week. Tesla’s Design Studio for China reflects the new price increases The price increase follows a sharp rebate on Model 3 and Model Y vehicles in China at the beginning of the year. It is only a 0.8

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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

EU battery manufacturing is caught in the crossfire between America and China. A green industrial policy focused on batteries with EU-wide support for scaling up production is urgently needed to react to US subsidies and China’s years of dominance. Europe must act or risk losing it all.

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NextEV issued autonomous vehicle testing permit in California

Green Car Congress

NextEV, a China-based designer and developer of high-performance electric vehicles ( earlier post ), has been issued an Autonomous Vehicle Testing Permit by the California DMV. NextEV now joins the elite group of companies in Silicon Valley permitted to test autonomous vehicle technology. —US CEO of NextEV Padmasree Warrior.

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Tesla increases Model 3 Performance price in the U.S.

Teslarati

Just a few days after it was launched, Tesla has increased the price of the Model 3 Performance, though basic options still render it more affordable than the Long Range configuration with the federal tax credit. For example, California and Colorado will give new EV buyers $7,500 and $5,000, respectively. earlier this year.