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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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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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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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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”. Timing and sequencing of energy technology policy.

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

Green Car Congress

The Electrification Coalition released two case studies outlining how two cities— Houston, Texas and Loveland, Colorado —are saving money by using electric vehicles (EVs) in their vehicle fleets. found that the city’s LEAFs will cost 41% less to own and operate than gasoline-powered vehicles. Earlier post.).

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J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

Power forecast of hybrid-, plug-in hybrid- and battery-electric vehicle global sales through 2020. Power and Associates estimates combined global sales of hybrid-electric vehicles (HEVs), plug-in hybrid-electric vehicles (PHEVs) and battery-electric vehicles (BEVs) will total 5.2 Click to enlarge. A new report from J.D.

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