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Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain. Roberson et al.

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Tesla launches efforts to stop CA’s solar tax, which Musk dubs as “anti-environment”

Teslarati

CEO Elon Musk has been pretty vocal about his opposition to California’s “solar tax” initiative, noting last month that the idea was “insane.” as a “bizarre anti-environment move” by the California government. . ” In a more recent comment, Musk described NEM 3.0

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

Teslarati

Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. 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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T&E: Rising use of private jets sends CO2 emissions soaring

Green Car Congress

CO 2 emissions from private jets in Europe increased by nearly a third (31%) between 2005 and 2019, rising faster than commercial aviation emissions, according to a new report from environmental campaign group Transport & Environment (T&E). Flying on a private jet is probably the worst thing you can do for the environment.

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Electric-powered Classic Mini Conversion that is Light & Kind to the Wallet & Environment launched in UK

EV Obssesion

London Electric Cars (LEC) has launched a classic Mini EV conversion that doesn’t cost the earth From £25,000 excluding local taxes, shipping and donor, LEC can electrify any classic Mini Using any customer donor classic Mini LEC offers a basic 20 kWh conversion with a range of 60 – 70 real-world city miles with upgrades […].

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How Does the Electric Car Tax Credit Work in 2023?

Setec Powerr

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 In 2023, the tax credit remains available for eligible new electric vehicles but has undergone some changes compared to previous years.

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

Australia Prime Minister Julia Gillard unveiled Australia’s carbon pricing plan—a core element in a new clean energy plan—in a short address to the nation. The Government intends to introduce legislation to underpin the carbon pricing mechanism into Parliament in the second half of 2011. Click to enlarge.