Green Car Congress

SEPTEMBER 1, 2020

Before the COVID-19 pandemic lockdowns, engineering simulation software company Ansys commissioned a global survey of 16,037 adults resulting in some insights about consumer attitudes toward vehicle electrification. US respondents are most likely to buy an EV if the government offers a federal/state tax credit.

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Tax Credit Global Vehicles Tax 186

Green Car Congress

MAY 21, 2021

of global carbon emissions. The legislation would create a tax credit starting at $1.50 The tax credit would expire at the end of 2031. With a long-term, performance-based Blender’s Tax Credit for SAF, we will be able to invest in and produce SAF at scale across the US. Currently, air travel accounts for as much as 2.5%

Tax Credit 186

Tax Credit Tax Fuel Emissions 186

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said. Closing this 2.7

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

APRIL 11, 2019

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

Tax Credit 304

Tax Credit Tax Hydrogen Congress 304

Green Car Congress

OCTOBER 13, 2022

An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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Energy Storage Global Market Energy 259

Green Car Congress

DECEMBER 1, 2021

By 2050, green hydrogen could be the cheapest production method for steel and capture 31% of the market. Producing green steel from hydrogen and electric furnaces will require massive amounts of clean energy, and a shift to higher grades of iron ore. The global steel industry is poised to begin a titanic pivot from coal to hydrogen.

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Hydrogen Clean Cleaning Industrial 221

Baua Electric

MAY 3, 2024

In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market.

Tax Credit 52

Tax Credit Tax Supplies China 52

Green Car Congress

MAY 29, 2012

A new report from the MIT Joint Program on the Science and Policy of Global Change shows the importance of all major nations taking part in global efforts to reduce emissions—and in particular, finds China’s role to be crucial. The various taxes would slow warming to 3.5, Without China, we miss that mark by about 1 °C.

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Climate Change MIT Climate Tax 324

Green Car Congress

AUGUST 21, 2022

Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Global consumption of lithium in 2021 was estimated to be 93,000 tons, a 33% increase from 70,000 tons in 2020. Lithium is expected to trade at 484,185.00

Carbon 483

Carbon Battery Batteries Lithium Ion 483

Green Car Congress

JULY 15, 2022

The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.

Supplies 243

Supplies Global Energy Emissions 243

Green Car Congress

MARCH 7, 2023

A green industrial policy focused on batteries with EU-wide support for scaling up production is urgently needed to react to US subsidies and China’s years of dominance. Europe’s global share of new investment in Li-ion battery production dropped from 41% in 2021 to a meagre 2% in 2022, according to BloombergNEF.

Companies 430

Companies Battery Batteries Production 430

Green Car Congress

JANUARY 6, 2020

After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). We have secured a global supply chain and manufacturing capacity that will result in projected production of more than 1 million vehicles between 2022 and 2027.

Tax Credit 243

Tax Credit Fisker SUV Tax 243

Clean Fleet Report

SEPTEMBER 2, 2022

One of the most intriguing of these changes for car buyers is a revamped electric vehicle (EV) tax credit. How Much Can You Get from the EV Tax Credit? The new EV tax credit, like the one that preceded it, offers up to $7,500 for electric passenger cars and light trucks. A tax credit also applies to used EVs.

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Tax Credit Tax F-150 Congo 77

Green Car Congress

JULY 20, 2023

Nikola Corporation and Fortescue Future Industries (FFI), a global green energy and metals company, announced that FFI will acquire Nikola’s Phoenix Hydrogen Hub (PHH) project. The PHH is a fast-to-market, green hydrogen project located near Phoenix, in the city of Buckeye, Ariz., Earlier post.)

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Phoenix Hydrogen Future Tax Credit 150

Green Car Congress

AUGUST 27, 2012

A new report from MIT’s Joint Program on the Science and Policy of Global Change suggests that a tax on carbon emissions could help raise the money needed to reduce the US deficit, while improving the economy, lowering other taxes and reducing emissions. They found that the tax would raise $1.5

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Tax MIT Carbon Emissions 312

Green Car Congress

JULY 6, 2020

Hyundai Motor is developing a long-distance tractor unit capable of traveling 1,000 kilometers on a single charge equipped with an enhanced fuel cell system with high durability and power, aimed at global markets including North America and Europe. To reduce carbon emissions, all of the trucks need to run on only green hydrogen.

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Hyundai Commercial Switzerland Europe 488

Green Car Congress

SEPTEMBER 13, 2018

According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% The company projects that China will lead the global EV market with more than 50% share and grow three times as fast as the US over the next five years. of global sales, followed by Germany (4.8%) and the UK (4.1%). In 2017, 1.1

Global 284

Global Electric Vehicles Chile Market 284

Green Car Congress

DECEMBER 7, 2020

Prices for classic electric Range Rovers by Lunaz start at £245,000 (US$329,000) excluding local taxes. Since unveiling Jaguar, Bentley and Rolls-Royce electrified classics, Lunaz has been consistently asked by its global customer base to apply its re-engineering and restoration approach to these cars.

Tax 286

Tax Range Price Production 286

Green Car Reports

APRIL 18, 2023

The IRS posts its shortlist of models qualifying for the $7,500 EV tax credit. And Polestar and Lincoln are among the brands that have saved global reveals for China’s Shanghai auto show. This and more, here at Green Car. The Tesla Model Y is now challenging ICE models in price.

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Tax Credit Toyota Hybrid PHEV 125

Baua Electric

MARCH 3, 2024

Chile also aims to reach 100% in EV sales by 2035 and could well lead the way in green hydrogen, with more than 40 green hydrogen projects underway. Chile also aims to reach 100% in EV sales by 2035 and could well lead the way in green hydrogen, with more than 40 green hydrogen projects underway.

Chile 52

Chile Green North Carolina Auto 52

Green Car Reports

JANUARY 31, 2024

new vehicle market this month, S&P Global Mobility has predicted. The market share of EVs won't increase dramatically over the previous month, as automakers, dealers, and consumers digest new federal tax credit rules brought on by the Inflation Reduction Act (IRA) that went into effect with the start. EV sales will reach 8.0%

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Tax Credit Market Sale Vehicles 167

Green Car Congress

SEPTEMBER 24, 2013

Volkswagen Chattanooga has received a 2013 Green Power Leadership Award from the US Environmental Protection Agency (EPA)—the only automaker to be so recognized. Volkswagen Chattanooga was one of only four organizations nationwide to receive a Leadership Award in the category of on-site generation of green power. Earlier post.).

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EPA Green Power Powered 385

Baua Electric

JANUARY 27, 2024

Which CEO of a global automaker suggested that EVs may never top 30% of the global vehicle market? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 26, 2024. Follow Green Car Reports on Facebook and Twitter The post VW ID.4 Which EV from a U.S. population.

Tax Credit 52

Tax Credit Tax Price Acura 52

Green Car Reports

MARCH 27, 2024

New rules for the federal EV tax credit enacted in 2022 as part of the Inflation Reduction Act are "discriminatory" and "seriously distorted" the global EV supply chain, the Chinese Ministry of Commerce.

Tax Credit 125

Tax Credit China Tax Chinese 125

Green Car Congress

JUNE 16, 2021

Unifrax, a global manufacturer of high-performance specialty materials, plans to build its first large-scale SiFAB (silicon fiber anode material) manufacturing line at its north central Indiana facility. million in conditional tax credits based on the company’s job creation plans.

Manufacturer 417

Manufacturer Building Indiana Tax Credit 417

Green Car Congress

MAY 10, 2017

The 2017 Jeep Grand Cherokee mid-size SUV has become the second gasoline-driven, US-made, US-brand vehicle to qualify for Japan’s Eco-Car tax break. The Grand Cherokee that qualifies for Japan’s Eco-Tax incentive is powered by an upgraded version of the award-winning Pentastar V-6. Globally, the Jeep brand recorded 1.42

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Jeep Tax 2017 2016 150

Green Car Congress

JANUARY 15, 2019

Volkswagen AG and Ford Motor Company announced the first formal agreements in a global alliance. Volkswagen CEO Dr. Herbert Diess and Ford CEO Jim Hackett confirmed that the companies intend to develop commercial vans and medium-sized pickups for global markets beginning as early as 2022.

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Commercial Ford Global Building 191

Green Car Congress

JUNE 22, 2018

Global Bioenergies (GBE) received a payment of €1 million (US$1.2 The ISOPROD project has the following specific objectives: The adaptation of the Isobutene process to sugar refinery residues; The engineering for the first plant carried by IBN-One, the joint venture between Global Bioenergies and Cristal Union; and.

Global 170

Global Tax Credit Convert Renewable 170

Green Car Congress

SEPTEMBER 4, 2012

Entrepreneurs and advocates for electric and plug-in hybrid vehicles conversions have taken advantage of the platform to create a petition urging the Administration to extend the Qualified Plug-in Electric Drive Motor Vehicles (IRC 30D) tax incentives, currently granted for new plug-in vehicles, to plug-in conversions.

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Conversion Obama Plug-in Tax 286

Wallbox

JUNE 30, 2021

So how did this largely rural Scandinavian country become the global leader in EV adoption? In 1990, a CO2 tax was implemented and the country began to focus on establishing a greener transport system by promoting Norwegian EV production and adoption. Ever since, the Norwegian Government has sought ways to curb its emissions.

Global 83

Global Norway Tax Taxi 83

Green Car Congress

DECEMBER 12, 2013

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. million 48C Tax Credit, Delphi Automotive Systems plans to invest $35.3

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Tax Credit Tax Clean Cleaning 218

Green Car Congress

DECEMBER 6, 2020

Findings released by international think tank the Global CCS Institute show that the total capacity of carbon capture and storage (CCS) facilities operating and under development grew by 33% world-wide over the last year. Source: 2020 Global Status on CCS. The Norwegian Government announced its green light for the Langskip project.

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2020 Asia South Korea United Kingdom 332

Green Car Congress

NOVEMBER 30, 2011

However, a new study by researchers at the University of Gothenburg (Sweden) finds that middle- and high-income earners are generally affected the most by gasoline taxes, especially in poor countries, rather than poor people. Petrol taxes are effective and actually don’t affect poor people disproportionally.

Tax 239

Tax Gasoline Fuel Tax Climate Change 239

Green Car Congress

MAY 24, 2023

Circulor’s approach can also support the automotive industry in proving the requirements of the US Clean Vehicle Tax Credit. The new alliance comes as global competition is sharply increasing for access to critical raw materials such as lithium, cobalt, nickel and graphite.

Tax Credit 170

Tax Credit Battery Batteries Tax 170

Green Car Congress

APRIL 21, 2022

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance.

China 416

China Energy Indonesia Power Grid 416

Green Car Congress

SEPTEMBER 24, 2012

The OECD, the Organisation for Economic Co-operation and Development formed in 1960 when 18 European countries plus the US and Canada joined forces to create an organization dedicated to global development. Today, the OECD has 34 member countries.).

Green Cars 360

Green Cars Green Market Green Vehicles 360

Green Car Congress

FEBRUARY 24, 2016

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. We need both a policy like a carbon tax and to put more R&D money into renewables.

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Chicago MIT Tax Carbon 150