Green Car Congress

OCTOBER 13, 2022

Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). Although the scale-up of global energy storage capacity is imminent, supply chain constraints could slow additions, BNEF notes.

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Energy Storage Global Market Energy 259

Teslarati

DECEMBER 13, 2022

During a special meeting, the Robstown Independent School District approved a taxable value limitation for Tesla’s proposed lithium refinery under Chapter 313 of the Texas Tax Code. million on property taxes over that period. The vote was unanimous, hinting at the board’s support for the American electric vehicle maker. .

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Tax Texas Water Tesla 143

Green Car Congress

AUGUST 21, 2022

Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Global consumption of lithium in 2021 was estimated to be 93,000 tons, a 33% increase from 70,000 tons in 2020. Lithium is expected to trade at 484,185.00

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Carbon Battery Batteries Lithium Ion 483

Green Car Congress

JANUARY 1, 2022

Also, the opportunity to have acquired an advanced asset base of this quality from one of the global leaders in the nuclear energy industry is highly unique. Other highlights of the acquisition include the following: Largest US uranium mining company. With this acquisition, UEC’s sector-leading US ISR production profile increases to 6.5

Wyoming 435

Wyoming America Companies Energy 435

Green Car Congress

JULY 15, 2022

The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.

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Supplies Global Energy Emissions 243

Green Car Congress

SEPTEMBER 13, 2018

Data and analytics company GlobalData forecasts that the demand for lithium needed for the production of lithium-ion batteries for use in EVs will more than double from 26.7kt in 2018 to 58.3kt in 2022. According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% In 2017, 1.1

Global 284

Global Electric Vehicles Chile Market 284

Green Car Congress

OCTOBER 13, 2019

France’s Constitutional Council, the highest constitutional authority in the country, ruled in favor of excluding palm oil from the list of biofuels that enjoy tax incentives. Oil company Total has estimated it is worth between €70 million and €80 million per year. The decision enters into force on 1 January, 2020.

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Oil Tax Diesel Green 236

Baua Electric

MARCH 8, 2024

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. The company confirmed it was temporarily pausing sales to fix a software quality issue. The electric SUV also regained the full $7,500 EV tax credit after adjusting its battery supplier.

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Tax Credit Tax Price Sale 52

Green Car Congress

DECEMBER 7, 2020

The company, based in Silverstone, England will create an initial run of 50 of the luxury SUVs built in the ‘classic era’ between 1970 and 1994. Prices for classic electric Range Rovers by Lunaz start at £245,000 (US$329,000) excluding local taxes.

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Tax Range Price Production 286

Cars That Think

MAY 9, 2022

When a family in the Netherlands sought to claim their government childcare allowance, they needed to file a claim with the Dutch tax authority. In the tax authority’s workflow, the algorithm would first vet claims for signs of fraud, and humans would scrutinize those claims it flagged as high-risk. But that process did not exist.”

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Tax Netherlands Legal Belgium 145

Baua Electric

JANUARY 19, 2024

Tata Motors, India’s leading electric car manufacturer, is actively lobbying against potential tax cuts on hybrid vehicles in India, asserting that hybrids are more environmentally harmful than pure electric vehicles (EVs).

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Tax India Hybrid Motor 52

Green Car Congress

JUNE 16, 2021

Unifrax, a global manufacturer of high-performance specialty materials, plans to build its first large-scale SiFAB (silicon fiber anode material) manufacturing line at its north central Indiana facility. million in conditional tax credits based on the company’s job creation plans.

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Manufacturer Building Indiana Tax Credit 417

Green Car Congress

JANUARY 15, 2019

Volkswagen AG and Ford Motor Company announced the first formal agreements in a global alliance. Volkswagen CEO Dr. Herbert Diess and Ford CEO Jim Hackett confirmed that the companies intend to develop commercial vans and medium-sized pickups for global markets beginning as early as 2022.

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Commercial Ford Global Building 191

Teslarati

OCTOBER 6, 2022

Uber and Motional have agreed to a ten-year deal that the companies claim will make the largest autonomous ride-hailing fleet in the world. However, the company’s vehicles will be available in select cities shortly via Uber’s UberX and Uber Comfort Electric options. Shoot me an email at william@teslarati.com.

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Hyundai Companies Vehicles Fleet 98

Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. However, no other specifics were mentioned.

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Tax Credit Tax GM Cadillac 52

Green Car Congress

MAY 11, 2023

Cirba Solutions, a comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, selected global professional services company Jacobs to expand manufacturing capacity for sustainable electric vehicle (EV) battery materials across North America.

Tax Credit 218

Tax Credit Battery Batteries Lithium Ion 218

Setec Powerr

APRIL 26, 2023

The global push towards sustainable energy and reducing carbon emissions has given rise to the popularity of electric vehicles (EVs). One such incentive is the electric car tax credit, designed to help offset the initial cost of EVs for buyers. Section 1: Overview of the Electric Car Tax Credit in 2023 1.1

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Tax Credit Tax Electric Cars Cars 52

Teslarati

JANUARY 18, 2022

Orion Township approved General Motors’ (GM) request for a tax rebate on its proposed $1.3 GM plans to introduce 30 new electric vehicles to the global auto market by 2025, and the Orion Assembly Plant will play a key role in its goal. billion tax rebate to ramp EV production appeared first on TESLARATI.

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Tax General Motors GM Production 106

Green Car Congress

AUGUST 21, 2020

Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, and Rusheen Capital Management, a private equity firm, have formed a development company, 1PointFive, to finance and to deploy Carbon Engineering ’s large-scale Direct Air Capture (DAC) technology. Carbon Engineering’s DAC technology has four major elements. degrees Celsius.

Carbon 221

Carbon Companies Climate Tax Credit 221

Green Car Congress

APRIL 11, 2018

Tenneco, one of the world’s leading designers, manufacturers and distributors of Ride Performance and Clean Air products and technology solutions for diversified markets, signed a definitive agreement to acquire Federal-Mogul, a leading global supplier to OEMs and the aftermarket. Powertrain Technology Company.

Companies 186

Companies 2019 Fuel Economy Clean 186

Green Car Congress

FEBRUARY 23, 2022

Cummins has entered into a definitive agreement to acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 billion, including assumed debt and net of acquired cash.

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Climate Change Commercial Financing Global 429

Baua Electric

MAY 9, 2024

New Delhi: It is no secret that Chinese component makers are aggressively scouting global markets for increasing their already tight grip on the nascent battery electric vehicle (BEV) industry. What do Indian suppliers with global ambitions in the BEV segment do to thwart this aggressive posturing by the Chinese?

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China Global Supplies Parts 52

The Truth About Cars

SEPTEMBER 1, 2023

Rumors have pointed to the automaker starting production in the country first, and Chinese buyers are a vitally important group for the company. but the timing will likely coincide with production starting at its American factories to meet federal tax credit requirements.& & [Image: Tesla] Become a& TTAC& insider.

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Global Market Tax Credit Tesla 105

Green Car Congress

DECEMBER 12, 2013

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Ford Motor Company. General Motors Company. Funded at $2.3

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Tax Credit Tax Clean Cleaning 218

Blink Charging

OCTOBER 6, 2023

As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. With states enacting new kWh taxes on EVs and EV charging, we want to make sure you have the right information. By the end of 2022, there were 2.7

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Tax Charging Virginia Gas-Electric 52

Baua Electric

MARCH 5, 2024

Read more While the growth in the SUV segment has been phenomenal over the past few years, it seems that the changing global policies added to lack of headroom for growth may soon hamper the SUV sales trend. Surpassing electric cars, pickup trucks, and emerging markets, SUVs have emerged as the dominant force in global vehicle sales.

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SUV Global India Suzuki 52

Baua Electric

MAY 29, 2024

Profit after tax at INR 562 crore was higher by 76% compared to the same quarter last year and higher by 23% compared to the previous quarter. Profit before tax at INR 701 crore was higher by 70% compared to the same quarter last year and higher by 16% compared to the previous quarter.

India 52

India Auto Tax Sale 52

Green Car Congress

MAY 24, 2023

Circulor’s approach can also support the automotive industry in proving the requirements of the US Clean Vehicle Tax Credit. The new alliance comes as global competition is sharply increasing for access to critical raw materials such as lithium, cobalt, nickel and graphite.

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Tax Credit Battery Batteries Tax 170

Baua Electric

APRIL 5, 2024

Ho-Sung Song, the global president and CEO of Kia expects the Indian market to remain flat in 2024. The CEO views the slowdown in India as not only a local phenomenon but expects the next two years to remain difficult in terms of volumes, with the global automotive demand expected to slow down in 2024 and 2025. “In

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Kia Global Market India 52

Green Car Congress

MAY 3, 2017

Delphi Automotive PLC intends to execute a tax-free spin-off of its Powertrain Systems segment into a new, independent publicly traded company (“Powertrain”). We have the advanced technologies, engineering capabilities, and cost structure to be a global leader in the rapidly evolving mobility sector. billion in 2016.

Companies 150

Companies Fuel Economy Connect Connected 150

Baua Electric

JANUARY 3, 2024

Tesla and Chinese automaker BYD were the two global contenders for most EV sales in 2023. And it reported 526,409 EV deliveries in Q4—also a record a for the company. 7,500 EV tax credit on some of its models, potentially affecting sales in this market. automaker in the fourth quarter. On Tuesday, Tesla said it delivered 1.8

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BYD Global Sale Tesla 52

Green Car Congress

SEPTEMBER 28, 2015

The Board of Directors of Alcoa has unanimously approved a plan to split the lightweight metals leader into two independent, publicly-traded companies. The globally competitive Upstream Company will comprise five business units that today make up Global Primary Products: Bauxite, Alumina, Aluminum, Casting and Energy.

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2018 Companies Saudi Arabia 2014 150

EV Life

MAY 19, 2023

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. What are the New Changes to the Federal Tax Credit?

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Tax Credit Tax Personal F-150 52

Teslarati

APRIL 5, 2024

million EVs in the global market in 2024. Kia ultimately aims to boost its global EV sales to 4 million by 2027 and 4.3 The company expects BEV and HEV sales to account for 24% of total sales. The company expects BEV and HEV sales to account for 24% of total sales. million by 2030.

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Kia Tax Credit Hyundai Sale 114

Green Car Congress

DECEMBER 1, 2022

of cars on the road globally are electrified, which begs the question: How do we fulfill the promise of EVs to deliver sustainable mobility? That’s why Polestar set itself three climate targets: to become climate neutral company by 2040; to halve emissions per sold car by 2030 compared to 2022; and create a climate neutral car by 2030.

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Economy Building Battery Batteries 330

Green Car Congress

MAY 23, 2023

The origin of SQM's lithium should help Ford vehicles to qualify for the Inflation Reduction Act (IRA) consumer tax credit and will help support its plans to produce electric vehicles and expand its presence in the global electric mobility markets. Neither company provided volumes or timelines.

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Supplies Ford Tax Credit Lithium Ion 199

Green Car Congress

JULY 20, 2023

Nikola Corporation and Fortescue Future Industries (FFI), a global green energy and metals company, announced that FFI will acquire Nikola’s Phoenix Hydrogen Hub (PHH) project. Earlier post.) The project is expected to progress towards its first hydrogen production by the middle of this decade.

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Phoenix Hydrogen Future Tax Credit 150