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Toyota just started its BEV program, but it wasted all its tax credits on hybrids

Electrek

Toyota has sold its 200,000th plug-in car in the US, meaning its access to the $7,500 federal tax credit will sunset over the course of the next 15 months. The post Toyota just started its BEV program, but it wasted all its tax credits on hybrids appeared first on Electrek.

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California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

Green Car Congress

The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06 per gallon of DME used and $0.06 per gallon).

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Tesla’s proposed TX lithium refinery takes step forward as school district ratifies tax abatements

Teslarati

During a special meeting, the Robstown Independent School District approved a taxable value limitation for Tesla’s proposed lithium refinery under Chapter 313 of the Texas Tax Code. million on property taxes over that period. The vote was unanimous, hinting at the board’s support for the American electric vehicle maker. .

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US battery guidance might slash IRA EV Tax credits

Teslarati

The United States Department of Treasury’s battery sourcing guidance might slash EV Tax credits from the Inflation Reduction Act (IRA). The Treasury will release the battery guidance for the IRA EV tax credits this Friday, April 1, 2023. The post US battery guidance might slash IRA EV Tax credits appeared first on TESLARATI.

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Elon Musk complains about his smaller stake in Tesla after wasting it on buying Twitter

Baua Electric

The CEO framed the idea as pressure from the media and politicians about the rich not paying taxes on unrealized gains. He said that he would voluntarily set himself up to have the biggest tax bill in US history. Is this a clear conflict of interest, or am I missing something? But I have more than doubts and complaints this time.

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AirCapture, OCOchem and partners win $2.93M DOE grant for direct air capture of CO2 and conversion to formic acid

Green Car Congress

AirCapture develops on-site, modular technology that captures CO 2 from the air using waste heat from manufacturing plants, enabling customer operations to go carbon neutral and even negative. We are converting common industrial waste streams into product streams —Todd Brix.

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Aemetis acquires license from LanzaTech with California exclusive rights for advanced ethanol from biomass including forest and ag wastes

Green Car Congress

has acquired exclusive rights to LanzaTech’s patented technology for the conversion of agricultural waste, forest waste, dairy waste and construction and demolition waste (CDW) to ethanol in California. Aemetis, Inc. Aemetis is the first licensee of the LanzaTech technology in North America. per gallon.

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