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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits. With a $40,000 incentive, the Tesla Semi could be purchased at a price that is more affordable than a Tesla Model S and Model X Plaid without incentives.

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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

Strong income tax credits for the purchase of new diesel, hybrid, and plug-in hybrid vehicles are very expensive and essentially ineffective at reducing GHG emissions from transportation. Purchase tax credits are an expensive way to reduce oil consumption and GHG emissions from transportation.

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Guide to California EV Incentives

EV Life

It’s no secret that motor vehicle emissions are one of the main sources of pollution in the state of California and one of the leading causes of climate change in the country. The only way to avoid more expensive and disruptive climate changes is to significantly reduce these emissions.

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Canada, US and Mexico commit to align light- and heavy-duty fuel efficiency and GHG standards out to 2025 and 2027, respectively

Green Car Congress

As part of that effort, the leaders committed to reduce greenhouse gas (GHG) emissions from light- and heavy-duty vehicles by aligning fuel efficiency and/or GHG emission standards out to 2025 and 2027, respectively. In addition, the SmartWay freight transportation program will be extended to Mexico.

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

Chairman of the Homeland Security and Governmental Affairs Committee, released the details of their long-anticipated energy and climate change legislation on Wednesday, 12 May. The bill does not restrict who can hold an allowance, nor does it restrict the purchase, sale, or any other transactions involving allowances.

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EPA and NHTSA Issue Notice of Intent to Develop New Greenhouse Gas and Fuel Economy Standards for Light-Duty Vehicle Model Years 2017-2025; Proposal Expected by 30 Sep 2011

Green Car Congress

The US Department of Transportation’s (DOT) National Highway Traffic Safety Administration (NHTSA) and the US Environmental Protection Agency (EPA) issued a Notice of Intent (NOI) to begin developing new standards for greenhouse gases and fuel economy for light-duty vehicles for the 2017-2025 model years. Notice of Upcoming Joint Rulemaking.

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Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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