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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

Tesla in Berlin, Northvolt in northern Germany and Italvolt near Turin are among the projects that stand to lose the greatest volumes of their slated capacity as the companies weigh up investing in the US instead. Battery investment in the US and China continued to grow, and European companies have already signalled expansion in America.

Companies 430
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California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

Green Car Congress

The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06 million grant from the California Energy Commission last summer.

Tax 376
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AirCapture, OCOchem and partners win $2.93M DOE grant for direct air capture of CO2 and conversion to formic acid

Green Car Congress

Carbon dioxide capture company AirCapture and carbon dioxide conversion company OCOchem, along with other partners, have won a $2.93-million The proposed CO 2 capture and conversion plant will be instrumental in helping the company meet these goals.

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Optimizing Car Leasing Tax Advantages

Clean Fleet Report

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. Running a business in the UK involves careful financial planning, and one aspect that often requires consideration is your company’s vehicle fleet.

Tax 76
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Jacobs and Cirba Solutions expand sustainable battery processing in US

Green Car Congress

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.

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

Teslarati

With the Schumer-Manchin reconciliation bill or the Inflation Reduction Act of 2022 , vehicles like the Tesla Semi will have more than a fighting chance in the market. 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.

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FCA to build new hybrid and electric Jeep, Fiat and Alfa Romeo cars at Tychy in Poland

Green Car Congress

The announcement of FCA’s investment in the Tychy factory was sealed with a symbolic handover of the decision to grant public aid to the FCA Group by the Katowice Special Economic Zone (KSEZ). Approximately 2,500 people currently work in the plant; on its premises there are 42 companies providing services to the factory.

Poland 334