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Government of Canada releases framework for ending fossil fuel subsidies

Green Car Congress

The Assessment Framework builds on Canada’s commitment under the 2021 Glasgow statement to end new direct public support for the international unabated fossil fuel energy sector. Canada is also committed to phasing out public financing of the fossil fuel sector.

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Biofuel and Ag organizations call for accountable life cycle analysis for SAF tax credits, DOE to lead

Green Car Congress

In an effort to decarbonize transportation and reduce aviation emissions, Congress is considering new legislation to establish a tax credit to promote and develop robust domestic SAF production. Many others are looking to work toward participation in the full value chain in the relatively near future.

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Malaysia wants EVs to be tax-free, duty-free to encourage consumers to buy

Teslarati

Malaysian government officials are petitioning and working toward making electric vehicles exempt from taxes, including import and excise duties, as well as road taxes. According to Paultan , a Malaysian automotive news site, supporting politicians are proposing a 100% exemption from the road tax for EVs.

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How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

Many prospective EV buyers shy away when they compare the initial purchase price of many electric vehicles against traditional internal combustion engine vehicles. Understanding Colorado’s Electric Vehicle Tax Credit In May 2023, Colorado demonstrated its commitment to sustainable transportation by passing House Bill 23-1272.

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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

The bipolar structure simplifies internal battery connections to reduce internal resistance and improve round-trip efficiency. Domestic production better positions Eos to access the 45X advanced manufacturing direct pay tax credits available under the IRA.

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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Green Car Congress

The study looked at several powertrains: internal combustion engine, hybrid electric vehicle, plug-in hybrid electric vehicle, fuel cell electric vehicle and battery electric vehicle. Levelized cost of driving (LCOD) across powertrains for light-duty SUV, MY 2025.