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Inflation Reduction Act mandates escalating battery critical mineral requirements to qualify for EV tax credit

Green Car Congress

The Inflation Reduction Act , which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 ( earlier post ). Among the changes are an extension of the tax credit through 2032, the removal of the unit-sales cap of 200,000 per OEM, and a new mandate for qualified cars being assembled in North America.

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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

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Lunaz to begin production of electric classic Range Rovers; prices begin at £245,000 excluding local taxes

Green Car Congress

Prices for classic electric Range Rovers by Lunaz start at £245,000 (US$329,000) excluding local taxes. Lunaz’ engineers will take existing conventionally bodied Range Rover classics and convert them to what the firm is calling ‘Safari Specification’ as part of the full bare metal restoration and re-engineering process.

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UC Davis report proposes mileage fee for EVs, maintaining fuel tax for ICEs to support road repairs

Green Car Congress

A research report submitted to the California Legislature this week by the University of California, Davis’ Institute of Transportation Studies proposes switching EVs to a mileage-based road-funding fee (road user charge, RUC) while continuing to have gasoline-powered cars pay gasoline taxes. on-board diagnostic [OBD] devices).

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Indonesia converted 10 motorcycles to electric under pilot project

Electric Vehicles India

Indonesia converted 10 motorcycles to electric under pilot project . Indonesia has launched a pilot project to convert combustion engine motorcycles into electric vehicles as part of its national drive to make the transportation more eco-friendly said the energy ministry. million electric cars on the roads by 2030.

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US battery guidance might slash IRA EV Tax credits

Teslarati

The United States Department of Treasury’s battery sourcing guidance might slash EV Tax credits from the Inflation Reduction Act (IRA). The Treasury will release the battery guidance for the IRA EV tax credits this Friday, April 1, 2023. The post US battery guidance might slash IRA EV Tax credits appeared first on TESLARATI.

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Converting Coal Power Plants to Nuclear Gains Steam

Cars That Think

Department of Energy (DOE) released a report suggesting that, in theory, over 300 former and present coal power plants could be converted to nuclear. In neighboring Montana, state legislators recently approved a study for converting one coal plant to nuclear. On 13 September, the U.S.

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