Green Car Congress

MAY 17, 2023

Ionic Mineral Technologies, a developer of advanced silicon anode battery materials, launched its Generation 1 Ionisil nano-silicon product for Li-ion cell manufacturers. This silicon electrode was produced from an aqueous slurry highlighting the true ‘drop in’ nature of Ionisil, the company said. Earlier post.)

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Li-ion Manufacturer Lithium Ion Production 259

Teslarati

APRIL 8, 2024

The company’s interest in India comes after news broke that Tesla Giga Berlin is producing cars for the country. The two companies announced that their potential joint venture aims to cater to the growing demand for batteries for two and three-wheeler vehicles, along with energy storage systems in the Indian market.

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India Energy Batteries Battery 141

Clean Fleet Report

OCTOBER 22, 2023

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.

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Tax Nissan Cars Fleet 80

Teslarati

MARCH 2, 2023

The Nevada Governor’s Office of Economic Development (GOED) Board approved a $330,250,366 million tax break for Tesla. Listed below are the taxes Tesla could generate, assuming it invests all $3.6 million in gross average annual property tax revenues $11.2 million in gross average annual sales taxes $1.1

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Nevada Tax Tesla 2014 137

Green Car Congress

SEPTEMBER 13, 2023

which operates an industrial precious metals business as a core company of TANAKA Precious Metals, signed a technical assistance agreement with Chengdu Guangming Paite Precious Metal Co., an affiliated company in China, in the area of fuel cell electrode catalyst manufacturing technologies. TANAKA Kikinzoku Kogyo K.K.,

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China Fuel Production Polymer 170

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 144

Teslarati

JANUARY 18, 2022

Orion Township approved General Motors’ (GM) request for a tax rebate on its proposed $1.3 According to GM’s official application for the tax rebate: “The proposed investment is primarily for the construction of several additions and land improvements to support electric vehicle production.”

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Tax General Motors GM Production 107

Teslarati

AUGUST 25, 2023

As per a recent report, India is reportedly considering a policy that would reduce import taxes for automakers that are willing to produce some of their vehicles in the country. Tesla’s Model Y crossover, its best-selling vehicle, starts at $47,740 in the United States before tax credits.

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India Tax Tesla Tax Credit 98

Green Car Congress

JANUARY 1, 2022

The acquisition doubles our production capacity in three key categories: total number of permitted US ISR [in-situ recovery] projects, resources, and processing infrastructure. With this acquisition, UEC’s sector-leading US ISR production profile increases to 6.5 Production Ready. Wyoming Hub and Spoke.

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Wyoming America Companies Energy 435

Teslarati

AUGUST 31, 2023

Fisker released more details on the production of the $29,900 Pear electric vehicle (EV). The Fisker Pear will be produced in the United States and would likely benefit from the country’s EV tax incentives from the Inflation Reduction Act. It plans to build a factory in Ohio for Fisker Pear production.

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Fisker Production Tax Credit Tax 120

The Truth About Cars

DECEMBER 7, 2023

Earlier this year, the rules around EV tax credits seemed to be changing every other week. Unsurprisingly, the automaker announced a production cut for the SUV in October and said it was delaying further investments, including the much-talked-about BlueOval project in Kentucky.

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Tax Credit Tax Ford Kentucky 104

Green Car Congress

APRIL 27, 2022

Ford has begun full production of F-150 Lightning electric pickup at the ultra-modern Rouge Electric Vehicle Center within Ford’s historic Rouge Complex. Ford has 200,000 reservations for the Lightning and is expanding the Rouge Electric Vehicle Center to ramp up production to a planned annual run rate of 150,000 in 2023.

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F-150 Ford Production Tax Credit 370

Teslarati

FEBRUARY 2, 2023

But while the idea of a Giga Nevada expansion is compelling, Nevada state officials have signed a non-disclosure agreement with the EV maker that will keep the details of potential tax breaks for the $3.6 The spokesperson highlighted that the NDA with Tesla prohibits the release of specific figures regarding potential tax abatements for now.

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Nevada Tax Tesla 2014 131

Teslarati

DECEMBER 19, 2023

Rivian has selected a construction firm to build its new production facility located outside of Atlanta, Georgia. will oversee the construction of Rivian’s 1,800-acre Stanton Springs North production facility, as detailed in a press release from the firm on Tuesday. Clayco Inc.

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Georgia Companies Atlanta Maintenance 120

Teslarati

APRIL 18, 2023

Polestar has announced the production start date for its new South Carolina production facility, which it will be sharing with Volvo Cars. Now, the Swedish automaker is poised to finally address that issue as it begins production in South Carolina. This stems from Polestar’s unique connection with its parent company Volvo.

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South Carolina America Production Volvo 139

CleanTechnica EVs

JUNE 4, 2023

billion in Inflation Reduction Act production tax credits this year. That will put the two companies far ahead of the estimated $480 million that General Motors and LG Energy Solution are expected to receive. Benchmark Mineral Intelligence is reporting that Tesla and Panasonic are expected to receive about $1.8

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Tax Credit Tax General Motors Tesla 113

Teslarati

JULY 1, 2022

A plan to tax lithium, which is widely used in the production of electric vehicle batteries, has been approved in California as part of the state’s efforts to generate revenue for environmental remediation projects. The California lithium tax was approved by Governor Gavin Newsom as part of a must-pass state budget on Thursday.

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Tax California General Motors China 98

Teslarati

FEBRUARY 4, 2022

Tesla’s request for tax breaks for imported electric vehicles in India was recently met with a stern rejection, with Vivek Johri, chairman of the Central Board of Indirect Taxes and Customs, noting on Thursday that other companies are adapting to the country’s current rules without any issues. . and Tata Motors Ltd.,

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India Tax Tesla IDEA 144

Teslarati

JULY 29, 2022

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. This should go in line with Tesla’s ramp of its 4680 cells , which are expected to help the company reduce its vehicle production costs.

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Tax Credit Affordable Tax Tesla 145

Teslarati

FEBRUARY 22, 2023

Tesla’s tax abatement package for Giga Nevada’s expansion is under fire by Senator Dina Neal, who criticized the use of a nondisclosure agreement (NDA) to keep the specifics under wraps until just days before the Governor’s Office of Economic Development (GOED) will vote on its terms. I think it’s more so of the process.”

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Nevada Tax Tax Credit Tesla 101

Teslarati

MARCH 16, 2023

Lordstown sold its Ohio factory to the company in an effort to save it from extinction. The Asset Purchase Agreement was executed in November 2021, and essentially helped start production of the Endurance electric pickup. ” The move highlights companies bringing EV battery production to the U.S.

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Wisconsin Batteries Battery Production 134

Baua Electric

APRIL 22, 2024

Both are eligible for the $7,500 EV tax credit, cutting the effective price for many households to just $37,130 and $42,130 respectively. The Model 3 also doesn’t qualify for the EV tax credit. In addition, the base Model Y RWD now undercuts the base Model 3 by $5,000 for the tax-credit-eligible. at Fremont. 2024 Tesla Model Y.

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Tax Credit Tax Price Tesla 52

The Truth About Cars

JANUARY 30, 2024

4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. 4, which start at a base MSRP of $38,995 before the tax credit, a more budget-friendly option in the electric SUV segment. 4 models is conditional on future battery production and may be subject to change. 4 The 2023 ID.4

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Tax Credit Tax EPA Tennessee 52

Baua Electric

MAY 21, 2024

Balkrishna Industries, one of the leading manufacturers of off-highway tyres (OHT) under the brand name Balkrishna Tyres (BKT), is all set to start production of its 30,000 MTPA (metric tonne per annum) of advanced carbon black capacity at Bhuj, Gujarat, in the first half of the ongoing fiscal year, as per a senior company official.

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Carbon Production Tax Companies 52

Green Car Congress

AUGUST 21, 2022

In the US, demand for new energy vehicles is set to increase as the newly passed “Inflation Reduction Act” extends tax breaks for new electric vehicle purchases—although eligibility for the tax break will be determined by the sourcing of critical materials, including lithium. Earlier post.). Source: Statista.

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Carbon Batteries Battery Lithium Ion 483

Electrek

DECEMBER 2, 2022

Volkswagen Group CEO Oliver Blume recently shared that the company is actively searching for a home for its first battery cell factory in North America. 4 to continue to qualify for US federal tax credits, while opening the door for more EVs under its umbrella to qualify.

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Tax Credit Tax North America Tennessee 98

Green Car Reports

AUGUST 23, 2022

The EV tax credit revamp might have some companies reexamining U.S. production plans. Audi teases a rugged crossover EV concept. And Kia reveals performance and spec details for the quickest EV6. This and more, here at Green Car Reports. Kia has announced U.S.-market market details for its quickest, most powerful EV6 GT model.

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Kia Audi Concept Tax Credit 148

Baua Electric

MAY 3, 2024

The company achieved the highest sales for the quarter and fiscal year with sales to OE customers growing 18%. Auto component company Rane Brake Lining saw a 28% jump in net profit for Q4FY24 at INR 15.4 The company announced a dividend of INR 30 per equity share on the paid up capital of 77,29,871 of INR 10 each. at INR 186.7

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Tax Auto Sale Insight 52

Teslarati

APRIL 5, 2023

Tesla will be receiving lithium supplies from Quebec, giving it an edge in meeting the Inflation Reduction Act’s battery requirements for EV tax credits. announced the official restart of commercial spodumene concentrate production in North America. Tesla Ahead of the Curve Last week, the U.S.

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Tax Credit Tax North America Supplies 120

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. Barra said 2024 is the “year of execution” as GM looks to get back on track with EV production.

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Tax Credit Tax Price Sale 52

Electrek

OCTOBER 11, 2022

The company is the latest automaker to take that route in order to comply with requirements linked to the new EV tax credit. The post Honda announces major EV and battery production investment in the US appeared first on Electrek. Honda announced today a major investment in producing electric vehicles and batteries in the US.

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Honda Tax Credit Production Batteries 143

Green Car Congress

JUNE 25, 2021

Louisiana Governor John Bel Edwards and PBF Chalmette Refinery Manager Steven Krynski announced that the company is studying the possible conversion of an idled refinery unit into a renewable diesel production complex. PBF is one of the largest independent refining companies in the US. Bernard Parish consider the project.

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Renewable Diesel Louisiana Convert 186

Baua Electric

JANUARY 25, 2024

4 electric crossovers on sale now are eligible for the full $7,500 federal EV tax credit, VW confirmed Wednesday in a press release. 4 will retain the tax credit for the entirety of the 2024 calendar year. 4 models are still being sold, with a base price of $40,290, including destination, before the tax credit. Leftover 2023 ID.4

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Tax Credit Tax Tennessee General Motors 52

Teslarati

FEBRUARY 7, 2023

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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Tax Credit Tax Tesla Price 105

Green Car Congress

MAY 26, 2021

In its report of first quarter 2021 financial results and outlook, Lordstown Motors, a startup developing electric light duty trucks focused on the commercial fleet market ( earlier post ), said that the expected production of its Endurance full-size electric pickup in 2021 will be limited—at best 50% of prior expectations.

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Motor Motors Motoring Production 221

Baua Electric

APRIL 25, 2024

Syrah Resources , an industrial minerals and technology company, has become an integrated natural graphite active anode material (AAM) supplier outside China, processing natural graphite from Syrah’s Balama Graphite Operation in Mozambique.

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Louisiana Mozambique Tax Credit Production 52

Teslarati

APRIL 28, 2022

“Rivian’s jobs and investment, combined with our existing bio and high-tech companies, mean we are adding unprecedented opportunity for the state and region. According to the agreement, Rivian will make payments in lieu of taxes (PILOTs) to the JDA starting in 2023. By 2023, the property will generate $1.5

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Georgia Tax Manufacturer Atlanta 98