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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. The budget mainly focuses on hydro and all types of renewable energy and to control the Covid-19 pandemic and recovering the economy. trillion NPR ($14 billion) for the energy sector in Nepal. The government has set the growth of 6.5

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Deutsche Bank CCA report highlights Chinese global leadership toward a low-carbon economy; 12th Five-Year Plan

Green Car Congress

According to Hu Angang of the Chinese Academy of Sciences, 33.3% Rather, the report says, it is now China who is preparing for carbon markets by 2013 and, as the world’s largest manufacturing economy, it is stepping up to join the carbon markets in Europe. in the prior 11 th Five Year Plan. —DBCCA. Source: DBCCA.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The next ten years could see a massive expansion of steel capacity to meet demand in growing economies, such as India. Hydrogen and recycling are likely to play a central role in reducing emissions from steel production.

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Battelle-R&D Magazine forecast predicts 5.2% growth in 2012 global R&D spending to $1.4+T, largely driven by Asian economies; US companies and tech providers to boost energy R&D spending by 23.1% to $6.7B

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According to the forecast, that R&D funding growth will largely be driven by Asian economies, which will see an increase in spending of nearly 9%. With 18 US corporations among the top 50 firms ranked by R&D spending, the US remains dominant in manufacturing R&D. in 2012 to more than $1.4 Industry Snapshots. Click to enlarge.

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Nippon Steel Set to Buy U.S. Steel, Union Dismayed

The Truth About Cars

On Monday, Japan's Nippon Steel expressed its intention to purchase the United States Steel Corporation. Japan’s Nikkei reported that this would represent the largest ever purchase made by the Nippon Steel Corporation (NSC). firms, and they are easier to do business since the American economy has become more globalized.

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What Does It Take To Win The EV Race As A Country?

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Some Chinese battery manufacturers include CATL, BYD, CALB, Guoxuan, and Sunwoda. This may include tax credits, rebates, or reduced registration fees for EV owners. Norwegians who purchase all-electric vehicles do not have to pay significant value-added taxes or registration fees. Again let us take Norway as an example.

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KPMG survey finds global auto execs expect ICE dominance for some time; ICE downsizing and PHEVs to receive greatest investment over next 5 years; mobility-as-a-service in cities

Green Car Congress

Around 40% of Chinese and 37% of Brazilian manufacturers and suppliers are investing the largest proportion of their powertrain resources in ICE optimization, according to the survey. OEMs favor corporate partnerships over organic expansion, while suppliers are expanding their value chains and diversifying. million in China, 2.5