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Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain. Roberson et al.

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U.S. EV Tax Credit Tool Tracks Electric Car Savings

CleanTechnica EVs

Consumers have a new resource for finding plug-in electric and fuel cell vehicle tax credits. Current owners and those considering an electric vehicle purchase can access a free tool developed by ORNL researchers for fueleconomy.gov.

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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CMU study finds taxes on emissions would result in more rapid electrification by ridesharing companies

Green Car Congress

When life cycle air pollution and greenhouse gas emission externalities are internalized via a Pigovian tax, fleet electrification increases and externalities decrease, suggesting a role for policy. —Bruchon et al. Private and external costs of energy inputs vary across cities. Source: Bruchon et al. Bruchon, Jeremy J. 0c05141.

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Nikola Tre FCEV receives CARB ZEP Executive Order for HVIP eligibility; $240,000 base incentive per truck

Green Car Congress

Nikola Corporation has received a California Air Resources Board (CARB) Zero Emission Powertrain (ZEP) Executive Order that is a requirement for Nikola’s Tre hydrogen fuel cell electric vehicle (FCEV) to be eligible for CARB’s Hybrid and Zero Emission Truck and Bus Voucher Incentive Project (HVIP) program.

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Government of Canada investing nearly $15M in new EV chargers across the GTA

Green Car Congress

In support of the government’s objective of adding 50,000 new zero-emission vehicle (ZEV) chargers to Canada’s network, Budget 2022 also provided an additional $900 million to Natural Resources Canada and the Canada Infrastructure Bank to continue deploying zero-emission vehicle infrastructure. Budget 2022 delivered an additional $1.7

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Next 10-UC Berkeley study suggests additional tax revenue or income-based rate structure to make electricity more affordable for Californians

Green Car Congress

We’re proposing solutions that would recover system costs through sales or income taxes, or an income-based fixed charge, which would pay for long-term capital costs while ensuring all those who use the system—and specifically, wealthier households—contribute equitably. —En Banc White Paper.