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U.S. Passes Landmark Law to Fund Semiconductor Manufacturing

Cars That Think

Legislation aimed at increasing semiconductor manufacturing in the United States has finally passed both houses of Congress, following a multiyear journey that saw many mutations and delays. Twenty-five percent [tax credit] means we’re in it to win.” —Ian GlobalFoundries is doing a $1-billion addition in Malta , N.Y.

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Growing Number of EU Countries Levying CO2 Taxes on Cars and Incentivizing Plug-ins

Green Car Congress

At present, 17 of the 27 EU Member States levy CO 2 -related taxes on passenger cars, and 15 governments provide tax incentives for electrically chargeable vehicles, according to the newly published European Automobile Manufacturers’ Association (ACEA) Tax Guide 2010. Generally, registration taxes threaten fleet renewal.

Tax 268
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‘Discriminatory’ EV tax credit could bring Mexico-imposed tariffs

Teslarati

The $12,500 electric vehicle tax credit proposed in President Joe Biden’s “Build Back Better” plan is being labeled as “discriminatory” by Mexican Economy Minister Tatiana Clouthier, who said the country is analyzing legal recourse and other actions, including potential tariffs against the United States.