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EV tax credit expansion: Automakers ask Congress to revive effort

Green Car Reports

Although an attempted expansion of the federal EV tax credit has failed—multiple times, in recent years—in a renewed effort, automakers are asking Congress to please try again.

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Subaru Crosstrek Hybrid, cheap renewables, tax credits: Today's Car News

Green Car Reports

California regulatory documents show range estimates for the new Subaru Crosstrek Hybrid. A new report shows that building new renewable power can be cheaper than running old coal plants. Automakers join forces to lobby for extending electric-car tax credits. And California preps for half a million electric cars.

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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

On February 5, Mike Thompson , Chairman of the House Ways and Means Subcommittee on Select Revenue Measures announced the introduction of the Growing Renewable Energy and Efficiency Now (GREEN) Act (PDF). Rather than reforming the tax credit, it’s time to admit it hasn’t worked and blow it up and move in a different direction.

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DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

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. Funded at $2.3 Funded at $2.3 Lead organization. Description.

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President Obama Awards $2.3B for Tax Credits for New Clean-Tech Manufacturing Jobs; GE Gets Largest Battery-related Award

Green Car Congress

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. These biocatalysts will aid the production of biofuels as a renewable energy source. President Obama announced the award of $2.3 GE claimed the largest of the battery-related awards, with a $25.5

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AJR Trucking orders 50 Nikola Tre FCEVs; incentives bring rough cost parity with existing fleet

Green Car Congress

Nikola and its Southern California dealer, Tom’s Truck Centers, will support AJR Trucking in securing its voucher application to CARB’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project “HVIP) program with the expectation of receiving $270,000 per FCEV in point-of-sale incentives. and Santa Clarita, Calif.

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US House Passes Tax Extenders Bill

Green Car Congress

The US House of Representatives has passed the “Tax Extenders” Bill (HR4213) by a vote of 241 - 181. Tax rules relating to sales required to implement federal and state restructuring policy for qualified electric utilities. The “Tax Extenders” Bill will now go to the Senate.

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