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MIT study suggests carbon tax could help reduce US deficit, lower other taxes, reduce emissions

Green Car Congress

A new report from MIT’s Joint Program on the Science and Policy of Global Change suggests that a tax on carbon emissions could help raise the money needed to reduce the US deficit, while improving the economy, lowering other taxes and reducing emissions. They found that the tax would raise $1.5

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Your Guide to Electric-Vehicle Charging-Station Tax Credits

EV Connect

And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. On the federal, state and local levels, there are a plethora of tax credits for installing electric-vehicle charging stations. Some type of incentive program is available in 44 states and Washington, D.C. ,

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Tesla ships more vehicles from China to North America

Teslarati

However, the April reports were proven to be accurate as both Model 3 and Model Y vehicles made their way to a port in Washington State on May 1. based customers to take advantage of the tax credits that make the cars more affordable. Instead, it is given to any person who buys an EV, regardless of where it is built.

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GM’s Maven and Uber to pilot flexible car-sharing offer

Green Car Congress

Maven, General Motors’ personal mobility brand, and Uber Technologies, Inc., Insurance coverage is included in the cost of every lease for a weekly price of $179 plus taxes and fees. There are no additional fees if a driver utilizes the vehicle for personal use. Maven recently expanded its Maven City car sharing to Los Angeles.

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Tesla introduces financing product for Model S customers; lease-sale hybrid

Green Car Congress

Essentially, said Tesla CEO Elon Musk in a conference call describing the product, the new approach allows one to buy a new Model S for no money down net of the tax credit and as low as about $500 net out of pocket cost per month, depending upon the model, specific state incentives, and personal parameters (e.g.,

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Maven Gig begins expanding geographically; Bolt EV the most popular

Green Car Congress

Future cities include Baltimore, Boston, Detroit, Phoenix and Washington, D.C. Having unlimited mileage and insurance to cover personal and commercial use are extremely important for drivers in the gig economy. Pricing starts at $189 plus taxes for a Chevrolet Cruze. Pricing starts at $189 plus taxes for a Chevrolet Cruze.

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Trump reportedly told oil execs he’ll end electric car incentives for $1 billion in donations

Baua Electric

The Trump administration attempted to eliminate the tax credit for electric vehicles in the original version of their 2020 budget, though the provision never passed. Now, the Washington Post reports that it had sources in a meeting between Trump and oil executives in Trump’s Mar-a-Lago Club last month.

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