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Germany wants tax breaks for synthetic fuels, doubts EVs will win zero emissions race

The Driven EV News

Germany says race for drive train of the future is wide open, and it wants tax breaks for synthetic fuels for internal combustion engine cars. The post Germany wants tax breaks for synthetic fuels, doubts EVs will win zero emissions race appeared first on The Driven.

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Tesla gets $330M tax break for Giga Nevada expansion plan

Teslarati

The Nevada Governor’s Office of Economic Development (GOED) Board approved a $330,250,366 million tax break for Tesla. Listed below are the taxes Tesla could generate, assuming it invests all $3.6 million in gross average annual property tax revenues $11.2 million in gross average annual sales taxes $1.1

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Ola Cabs to exit international markets this month – ET Auto

Baua Electric

In January, Ola Cabs’ chief executive Hemant Bakshi had said that the firm would focus on electrification of its fleet and premiumisation of its offerings for future growth. Ride-hailing major Ola Cabs is set to exit all of its existing international markets, namely the UK, Australia and New Zealand by the end of this month.

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CMU study finds taxes on emissions would result in more rapid electrification by ridesharing companies

Green Car Congress

We optimize fleet composition (mix of conventional vehicles (CVs), hybrid electric vehicles (HEVs), and battery electric vehicles (BEVs)) and operations to satisfy demand at minimum cost and compare findings across a wide range of present-day and future scenarios for three cities. —Bruchon et al. Source: Bruchon et al.

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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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Tesla and EV dominance in Norway causes shortage of fossil fuel cars to tax

Teslarati

Tesla and other electric vehicles are beginning to dominate the roads in Norway, leaving very few internal combustion engine (ICE) cars to tax. As one of the first countries to face the challenge, Norway might set an example for future nations on how to handle EV dominance. .

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV. What is the federal US Used Clean Vehicle tax credit?