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Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain.

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Tesla creates two-seater Model Y for France business tax loophole

Teslarati

Tesla has launched a two-seater Model Y for business owners in France, helping them qualify for a unique tax loophole. million commercial vehicles, which are mostly powered by diesel engines. million commercial vehicles, which are mostly powered by diesel engines. million commercial vehicles, mostly powered by diesel. .”

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Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut

Baua Electric

Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. Hybrid cars have been touted as the bridge to fill in the gap between internal combustion engine technology and electric propulsion tech.

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Tesla and EV dominance in Norway causes shortage of fossil fuel cars to tax

Teslarati

Tesla and other electric vehicles are beginning to dominate the roads in Norway, leaving very few internal combustion engine (ICE) cars to tax. Last month, 11,579 new passenger cars were registered in Norway, 1,369 (-10.6%) fewer cars compared to October 2020, as per the Norwegian Road Traffic Information Council (OFV). .

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The Honda Prologue Gets Major Boost with Federal Tax Credit Eligibility

The Truth About Cars

The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale. Tax credits bring the Prologue’s starting price down to $41,295 after a $1,395 destination charge.

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Germany wants tax breaks for synthetic fuels, doubts EVs will win zero emissions race

The Driven EV News

Germany says race for drive train of the future is wide open, and it wants tax breaks for synthetic fuels for internal combustion engine cars. The post Germany wants tax breaks for synthetic fuels, doubts EVs will win zero emissions race appeared first on The Driven.

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Lunaz to begin production of electric classic Range Rovers; prices begin at £245,000 excluding local taxes

Green Car Congress

Lunaz, a creator of electric classic cars, announced the first tranche of production availability for classic electric Range Rovers. Prices for classic electric Range Rovers by Lunaz start at £245,000 (US$329,000) excluding local taxes. These cars will be available in both standard and long wheelbase.

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