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Report: Parts of China Are Running Out of Car-Buying Subsidies

The Truth About Cars

The intention is for this to spur the economy and drive commerce. China's National Development and Reform Commission and Ministry of Finance have stated that the subsidies will continue, presumably indicating that more funding will arrive in the coming months. China has numerous trade-in subsidies on goods, including vehicles.

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Can a New Power Link Boost the EU’s Energy Independence?

Cars That Think

Azerbaijan built its economy on its abundant fossil fuels. A 2022 road map from the World Bank, the International Finance Corp., Oil and gas are the cornerstone of our economy. and Azerbaijans Ministry of Energy estimated that the country could realistically install 7 GW of offshore wind power in the Caspian Sea by 2040.

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Carmax, Carvana, and automotive stakeholders urge U.S. Senate to keep EV tax credits

Plug in America

Sudden elimination will disrupt the used car market, a backbone of the American economy. We’re thankful that the Senate Finance committee chose to omit this penalty fee for the millions of Americans that already pay steep state EV-specific state registration fees. A slow phase-out would ensure market stability.

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Global Investment In The Clean Energy Transition Surpassed $2.1 Trillion In 2024, More Needed For Net-Zero Goals

CleanTechnica EVs

In a landmark achievement, global investment in the low-carbon energy transition surged to a record $2.1 trillion in 2024, marking an 11% increase from the previous year, according to BloombergNEF’s “Energy Transition Investment Trends 2025” report.

Clean 117
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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

Green Car Congress

—Andres Angulo, Energy Analyst at GlobalData Despite the high number of partnerships formed between companies as compared to government agencies, investing and raising capital were of the utmost importance to developing the hydrogen economy in 2022. On the other hand, venture finance deal values also grew from $595.23

Hydrogen 473
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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050).

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Brightmark Energy closes $260M in financing for first US commercial-scale waste-plastics-to-fuel plant; ULSD and naphtha

Green Car Congress

Brightmark Energy , a San Francisco-based waste and energy development company, closed a $260-million financing package for the construction of the US’ first commercial-scale plastics-to-fuel plant, which will be located in Ashley, Indiana.

Waste 268