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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

The Tesla Model 3 Highland was recently launched in North America. Tesla Model 3 Highland leases are more affordable thanks to a loophole in the Inflation Reduction Act about commercial vehicles. Tesla calculated that Model 3 Highland lease payments would be $329 monthly, excluding taxes and fees.

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Tesla Model Y deliveries start in Malaysia

Teslarati

As of this writing, Tesla Malaysia’s official website does not offer customers the option to customize Model 3 Highland orders. Customers may choose between Tesla’s inventory of Model 3 Highland units or schedule a test drive.

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Verenium and BP Invited to Begin Negotiations for Next Phase of DOE Loan Guarantee Program for Cellulosic Ethanol Plant

Green Car Congress

Cellulosic ethanol company Verenium Corporation and BP announced that their jointly-owned, commercial cellulosic ethanol project, located in Highlands County, Florida, has been selected by the US Department of Energy (DOE) to enter the due diligence phase of its Title XVII Loan Guarantee Program. Earlier post.)

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EIA: cellulosic biofuels will likely remain well below EISA targets

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US Commercial-scale production of cellulosic biofuels reached about 20,000 gallons in late 2012, according to the US Energy Information Administration (EIA). Nor, despite the growth potential over the next several years, has the path to commercial biofuels been smooth. Planned cellulosic biofuel production by 2015. Source: EIA.

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BP and Verenium Form Cellulosic Ethanol Venture to Deliver Advanced Biofuels

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BP and Verenium Corporation have formed a 50-50 joint venture to develop and commercialize cellulosic ethanol from non-food feedstocks such as energy cane and energy grasses. The estimated construction cost for this 36 million gallon-per-year facility is between $250 and $300 million. Earlier post.). Earlier post.).

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Toyota broadly outlines next-generation Prius; developing wireless inductive charging for the plug-in model; bullish on hydrogen

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Toyota’s next-generation Prius will deliver significantly improved fuel economy in a more compact package that is lighter in weight and lower in cost, according to Toyota Motor Corporation (TMC) Managing Officer Satoshi Ogiso. Toyota’s first commercially available hydrogen fuel cell vehicle will go on sale in global markets in 2015.

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NYSERDA awards $4.6M to 17 transportation projects; support for Syracuse U supercritical diesel injection project

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million to help 17 New York State companies develop and commercialize innovative new transportation technologies intended to reduce greenhouse gas emissions, decrease reliance on fossil fuels, and create jobs. The New York State Energy Research and Development Authority (NYSERDA) is awarding $4.6 Earlier post.). NYSERDA funding: $208,000.

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