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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.

Congress 259
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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. The top 5 countries with the highest motor tax revenues are: Germany ?

Motor 284
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

This surge occurred mostly in China, driven by steel manufacturing. Government incentives can boost electric vehicle sales in the US, she said, but policies to incentivize EV adoption will still be disrupted by inadequate infrastructure. Between 2010 and 2021, worldwide nickel usage grew almost 90%.

China 416
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Auto Lobby Wants Input on Government EV Policy Before Changes Are Made

The Truth About Cars

Automakers want to maximize their per-vehicle profits to help offset declining annual vehicle sales. While it depends on where you’re living, EV sales are slowing down and many electrical grids. Considering that manufacturers need almost a decade of runup before new models are released, nobody wants to get caught with their pants down.

Auto 59
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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. That finding takes into account both the higher purchase price of an electric vehicle and the lower fuel costs over the vehicle’s life. Source: CBO. Click to enlarge. billion through 2019.

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California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

Green Car Congress

Early in September, the California Air Resources Board (ARB) announced it would consider in a 23-24 October meeting amendments to the Zero Emission Vehicle (ZEV) regulation that would modify the requirements for intermediate volume manufacturers (IVMs) selling into the state to allow them more time to come into the market. Earlier post.).

2018 257
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CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Green Car Congress

Setting clear standards for vehicle efficiency and fuels allow manufacturers of cars and other vehicles to anticipate the direction of future standards. This should include carbon and energy taxing, for example, as proposed in the amendment of the Energy Tax Directive.

Emissions 210