article thumbnail

Ford re-opens order books for Mach-E; higher range, lower pricing; all standard range models with LFP packs

Green Car Congress

Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)

Standards 417
article thumbnail

Rivian Standard pack R1S, R1T arrive: Up to 315 miles, no LFP yet

Green Car Reports

Rivian on Thursday revealed long-awaited Standard and Standard+ versions of its R1T pickup and R1S SUV—essentially ready to be delivered now, with what appears to be a $3,100 price drop, and likely qualifying for the same EV tax credit as other versions.

Standards 154
article thumbnail

Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

The social cost of carbon has become the standard measure to benchmark the magnitude of the carbon taxes needed to implement optimal carbon policy. If we were able to measure this social cost accurately, standard Pigouvian logic tells us that the optimal tax should be such that the price of carbon is equal to this social cost.

Tax 397
article thumbnail

Volvo EX30 debut, base Model 3 tax credit, plugging in PHEVs: Today’s Car News

Green Car Reports

Base Standard Range versions of the Model 3 are eligible for more EV tax credit money than they were last week. This and more, here at Green Car Reports. Plug-in hybrid drivers likely aren’t plugging in as much as the EPA has been assuming. And the Volvo EX30 EV aims for the $35,000 mark from the start.

article thumbnail

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
article thumbnail

Optimizing Car Leasing Tax Advantages

Clean Fleet Report

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. In this blog post, we’ll explore why leasing a car, like a Cupra Formentor or a Nissan Leaf, can be an ideal choice for your business, both in terms of financial benefits and tax advantages.

Tax 78
article thumbnail

Lawmakers introduce bill to provide blender’s tax credit for Sustainable Aviation Fuel

Green Car Congress

The legislation would create a tax credit starting at $1.50 per gallon for blenders that supply sustainable aviation fuel with a demonstrated 50% or greater lifecycle estimate reduction in greenhouse gas emissions compared to standard jet fuel. The tax credit would expire at the end of 2031.