As a plethora of pundits pontificate about Tesla and the hypothetical competition for its upcoming Model 3, many fall into error because they don’t understand the dynamic between Tesla, which exists to sell EVs, and the legacy automakers, which grudgingly sell a few in order to comply with government regulations. Elon Musk is happy to… Read more »
Search Results Found For: "tax credit"
Proposed legislation lets employers offer pre-tax transportation benefits to EV drivers
US Senator Sherrod Brown (D-OH) has introduced legislation (S.3450) that would allow employers to give EV drivers access to the same pre-tax transportation benefits many workers receive for traditional forms of transportation such as public transit passes and parking fees. The Electric Vehicle Credit Act would exclude benefits for EV charging from an employee’s taxable… Read more »
Plug-in vehicle legislation update: New rebates and waiting lists in California, Utah expands EV credit
New $2,500 California rebate program for public agencies located in Bay Area Air Quality Management District The Bay Area Air Quality Management District (BAAQMD) announced a new rebate program, on April 3, for public agencies that purchase or lease electric vehicles. Highlights of the program include: Approved public agencies can receive $2,500 vouchers for purchasing or… Read more »
Creditors queue up with claims against bankrupt Fisker
Some 618 parties have filed claims against Fisker Automotive, which declared bankruptcy in November. The outstanding claims total $985.4 million, including about $594 million in unsecured claims, and $383 million in secured claims, according to the bankruptcy court. Wanxiang America has been approved by the court to purchase Fisker’s assets, including a former GM plant… Read more »
Chargepoint offers trade-in credit to Blink charger operators
As some analysts are predicting spectacular growth in the public charging market, something of a Wild West atmosphere is developing. Last month, Ecotality, one of the country’s largest network operators, filed for bankruptcy. Last week, Florida-based Car Charging Group announced that it would purchase Ecotality’s Blink charging network. Now Chargepoint, another giant network, is looking… Read more »
Taxing EVs: no gas means no gas tax
The electric car may have come back from the dead, but it won’t escape life’s other inevitability How do we pay for the highway system? The roads don’t build themselves, in fact they cost a ton of money to construct and maintain. In the US, most of the money comes from gasoline taxes, which have… Read more »
Sign the petition to extend tax incentives to plug-in conversions
Current US tax law provides a tax credit of up to $7,500 for new plug-in vehicles. But what about conversions?
6K’s cathode active material for EV batteries to meet IRA requirements
US battery materials producer 6K has confirmed that its cathode active material (CAM) will meet US government mandates for compliance with the Inflation Reduction Act (IRA) for both lithium iron phosphate (LFP) and nickel manganese cobalt (NMC) materials for EV batteries. The company’s 6K Energy subsidiary is delivering large quantities of critical materials from its… Read more »
Syrah begins production of active anode material in Louisiana
Syrah Resources, an industrial minerals and technology company, has become an integrated natural graphite active anode material (AAM) supplier outside China, processing natural graphite from Syrah’s Balama Graphite Operation in Mozambique. The 11,250-ton-per-year AAM Vidalia operation in Louisiana is supported by high EV-driven demand internationally, the need for independent natural graphite AAM critical mineral supply,… Read more »
Retail chains aren’t deploying the EV chargers they’ve promised
It seems like every day, we read about another company pledging to roll out lots of public charging stations across the country. Automakers, utilities, oil companies, hotel and apartment chains, restaurants and retailers—everybody is (or claims to be) getting into the act. Even your favorite EV pundit abandoned his usual skepticism and gushed that, if… Read more »