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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

The issuance of conditional commitment by the DOE was preceded by legal, technical and commercial due diligence by the LPO to evaluate the loan and the project’s potential to meet market demand and commercial and environmental benchmarks.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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Digital Currency and Trade Systems Are Tearing up the Rules

Cars That Think

These platforms—which combine open alliance legal agreements (like Visa or Mastercard's legal agreements), distributed ledger technology (for example, blockchains like IBM's hyperledger ), and end-to-end encryption—can handle not only payments but also finance, trade, tax, and audits in a uniform manner.

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New tax rule could save consumers thousands on home energy tech

My Energi

Zero rating will also be granted to products installed at commercial properties used solely for charitable purposes. In addition, it will help to further accelerate the government’s legally-binding commitment to reach net zero by 2050 – a good move all round.

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GM plans to cut spending on Cruise in half this year

Teslarati

billion before taxes from Cruise, spending about $1.9 The legal firm shared its results from the investigation last week, noting that internet connectivity may have hampered Cruise’s ability to transmit video to regulators. GM-Honda to start hydrogen fuel cell commercial production in MI What are your thoughts?

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Car more than 15 years old? State govts announce discounts for scrapping; 5 things to know about how to scrap an old car – ET Auto

Baua Electric

Then you should know that 21 states and union territories (UTs) are offering up to 25% discount on personal vehicle price or road tax for customers who scrap their old vehicles and buy a new one, stated a Times of India news report. For commercial vehicles, the discount is 15%.The 10,000, and it will be sent directly for scrapping.

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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

In 2016, the Group’s earnings before and after tax, amounting to €7.3 billion) of the special items arising from known risks in the reporting period was attributable to the diesel issue, especially for hedging of legal risks. billion (US$7.71 billion) and €5.4 billion (US$5.7 Net liquidity in the Automotive Division was up €2.7

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