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Tesla China: Top gov’t meeting confirms NEV purchase tax exemption extension

Teslarati

Tesla China will likely see its momentum in the domestic EV market accelerate, thanks to the country’s NEV purchase tax exemption being renewed next year. The NEV purchase tax exemption, which was launched in 2014, allowed most consumers who purchase green vehicles to save about RMB 10,000 (around $1,500).

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Tax Credit For Hydrogen Fuel-Cell Vehicles Expires As Congress Adjourns

Green Car Reports

Tax incentives have proven to be an important way to encourage adoption of new green vehicles, offsetting some of the typically-higher purchase costs compared to conventional costs. SEE ALSO: Hydrogen.'

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Tips for purchasing a new EV amid a vehicle shortage

Plug in America

Searches for new plug-in hybrid and all-electric vehicles are at record levels, increasing exponentially since energy prices soared in March 2022. Global supply chain challenges continue to limit the production of new vehicles. Dealerships across the country still have vehicles available on their lots and update their websites daily.

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IL Suspends Clean-Car Rebates; GA Tax Credit In Trouble Too; Texas Next?

Green Car Reports

State tax credits and purchase rebates have proven effective in kickstarting the early market for plug-in electric cars and other green vehicles. Green Georgia Illinois Texas incentives plug-in cars rebates state laws tax credit' Then there''s Texas, where a. Then there''s Texas, where a.

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OECD paper presents and analyzes policies and programs to foster market growth of green cars

Green Car Congress

Given the specific barriers, suggests author Andrea Beltramello, there is a role for government to support the development and diffusion of green vehicles, including through policies to strengthen the markets for green cars. —“Market Development for Green Cars”. Today, the OECD has 34 member countries.).

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Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

Its efforts to incorporate alternative fuel vehicles (AFVs) into its fleet began in 2002 with an initial purchase of hybrid electric vehicles (HEVs), mainly the Toyota Prius and Ford Escape hybrid. In 2010, the city converted 15 Toyota Prius hybrids to plug-in hybrid electric vehicles (PHEVs).

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Deloitte study concludes mass adoption of EVs in Europe is some distance away

Green Car Congress

According to the survey of 4,760 European consumers, 16% see themselves as potential first movers to buy or lease an electric vehicle, while 53% say they might be willing to consider it, and 31% say they are not likely to consider purchasing or leasing an EV. It is clear that this innovation is a priority for car manufacturers.

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