Ford Wants U.S. Government To Be Lenient With EV Tax Credit Requirements

Credit to Author: Jennifer Sensiba| Date: Thu, 24 Nov 2022 09:16:31 +0000

Ford wants the U.S. to be a bit loose in determining whether EVs comply with new EV tax credit requirements. Read on for what’s going on here. Some Background Rare-earth minerals are a big deal. By mining rare-earth minerals, we are then able to obtain the rare-earth elements needed for renewable energy, mobile devices, and […]

Read more

Taxes on EVs Cut, Incentives Added in Australia

Credit to Author: David Waterworth| Date: Tue, 22 Nov 2022 07:57:55 +0000

Import tariffs and the Fringe Benefits Tax (FBT) will be cut on electric vehicles costing below $84,000 (AUD) in Australia. It is an exciting time to be watching the surge in EV ownership taking place as Labor makes good on its election promises. Taxes on EVs cut, incentives added — the electric future is bright. […]

Read more

5 Things To Know About The Updated EV Charging Tax Credit

Credit to Author: Guest Contributor| Date: Wed, 21 Sep 2022 10:00:57 +0000

Article by Samantha Houston, a senior vehicles analyst for the Clean Transportation program at Union of Concerned Scientists. The Inflation Reduction Act (IRA) contains a tax credit that can be used for electric vehicle charging infrastructure. You might have missed it because its name is a bit wordy and doesn’t contain the words “electric” or […]

Read more

$4,000 EV Rebate Available in Illinois for Another Month

Credit to Author: Zachary Shahan| Date: Mon, 29 Aug 2022 00:12:46 +0000

If you’re in Illinois and thinking about getting an electric car, you better get on it fast. A $4,000 purchase rebate for electric vehicles is available right now, but the application period ends on September 30, 2022. Note that this $4,000 rebate is for buying either a new or used electric vehicle (not including motorcycles), […]

Read more

BEV Demand Increasing, ICEV Demand Decreasing Across Europe

Credit to Author: David Waterworth| Date: Sun, 14 Aug 2022 15:14:14 +0000

Compared to 2021, new passenger car sales have dropped by at least 11% and up to 20% in Germany, France, Spain, Italy, and the UK. Full electric vehicle (BEV) demand is increasing; internal combustion engine vehicle (ICEV), conventional hybrid electric vehicle (HEV), and plugin hybrid electric vehicle (PHEV) demand are decreasing throughout Europe. Put simply, […]

Read more

Why I Think The EV Tax Credits In The Inflation Reduction Act Will Work Out

Credit to Author: Jennifer Sensiba| Date: Thu, 11 Aug 2022 01:50:38 +0000

There has been a lot of debate over the revamped EV tax credits we’re going to see as part of the recently passed Inflation Reduction Act. While there were many other things in the bill, including a controversial expansion of the IRS, the cleantech world has been focused on how the bill will affect electric […]

Read more

Understanding The New Federal Tax Credit For Electric Cars — It’s Complicated

Credit to Author: Steve Hanley| Date: Thu, 11 Aug 2022 00:50:49 +0000

electric carsThe federal tax incentives for electric cars in the Inflation Reduction Act will benefit many, but impose significant new restrictions.

Read more

The Queensland Government is Electrifying

Credit to Author: David Waterworth| Date: Tue, 26 Jul 2022 04:50:41 +0000

In order to speed up the process of electrifying the vehicles on the road in Australia’s Sunshine State, the Queensland government is proposing to transition its fleet to electric over the next four years. That would mean 100% of eligible Queensland government fleet passenger vehicles will be zero emission by 2026. It also aims for […]

Read more

Report: Shanghai Will Subsidize EV Purchases With 10,000 Yuan Per Unit For Rest Of 2022

Credit to Author: Johnna Crider| Date: Tue, 21 Jun 2022 01:15:29 +0000

Shanghai will subsidize battery electric vehicle purchases within its borders with 10,000 yuan (~$1,500) per unit for the rest of 2022, Zero Hedge reports, citing Bloomberg as a source. The subsidy started in June and ends at the end of the year, according to the local government. Bloomberg wrote in a wrap-up last week, “Consumers whose […]

Read more