China will continue to exempt New Energy Vehicles (BEVs, FCEVs and PHEVs) from purchase tax in 2023. There had already been reports to this effect at the beginning of August, but now the official confirmation has come from the responsible ministry.
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The French government is planning to subsidise electric vehicle leasing. Thanks to government support, all-electric vehicles could become available for as little as 100 euros per month.
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US President Joe Biden has signed the Inflation Reduction Act. This partially puts the tax credit reform for electric vehicles in the USA into immediate effect.
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The Inflation Reduction Act, which also includes the reform of the EV tax credit, has now passed the House of Representatives after the Senate and is expected to be signed by President Joe Biden in the coming days. The new eligibility requirements will make most electric models ineligible for the tax credit.
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The US Senate has passed the Inflation Reduction Act by a narrow majority, which also includes reform of the electric car tax credit. After the vote in the Senate, the legislative package will go to the House of Representatives this week, where the Democrats have a slim majority.
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The government of British Columbia has increased the maximum provincial rebate under the ‘CleanBC Go Electric Passenger Vehicle Rebate Program’ from $3,000 to $4,000. At the same time, the province decreased the funding for households with higher incomes.
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The Chinese government wants to continue the purchase tax exemption for New Energy Vehicles (BEVs, FCEVs and PHEVs) in 2023. The purchase tax exemption for NEVs in China has been in place since 2014, and with its continuation the government wants to further support the growth of the industry.
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The Democrats in the US Senate have presented a new bill on the tax credit for electric cars. This bill retains the amount of 7,500 dollars, but the upper limit of 200,000 electric cars per manufacturer is removed – which would make Tesla and GM eligible again. The law has not yet been passed, but […]
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The German Federal Ministry for Economic Affairs and Climate Action (BMWK) has essentially confirmed the key points of new EV regulations for the environmental bonus from 2023. The new subsidy package will focus more on individual drivers, rather than company fleets, as well as include a reduction of the funds.
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Ireland’s Department of Transport announced a suite of grants and initiatives to support greater adoption of electric vehicles. These include home charging initiatives, a register for smart chargers, as well as a commercial vehicle program for businesses and organisations to trial electric commercial vehicles.
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In Australia, the Federal Government has formally joined a legal bid to strike down Victoria’s controversial electric vehicle tax. According to a report in The Age, federal Attorney-General Mark Dreyfus filed an intervention in the High Court, supporting two Victorian motorists reportedly seeking to have the state’s EV levy ruled unconstitutional.
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The government of the Australian Capital Territory has released a new strategy set to make zero-emission vehicles (ZEVs) an affordable option for Canberrans in the years to come. The strategy sets a new target of 80-90% of new light vehicle sales being ZEVs by 2030 and also outlines a plan to start phasing out light […]
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Envision AESC is now also planning a battery cell factory in Spain. This is part of a larger strategic agreement between the Envision Group and the Spanish government. The battery factory is to be built in the Spanish city of Navalmoral de la Mata and will be operational in 2025 with a capacity of up […]
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The Canadian government has launched the new Incentives for Medium- and Heavy-Duty Zero-Emission Vehicles (IMHZEV) Program. The $550 million programme will run for four years, starting on July 11 and will provide purchase incentives worth around 50% of the price difference between an electric vehicle and a combustion vehicle.
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Toyota is the third carmaker, after Tesla and General Motors, to reach the 200,000 plug-in vehicle sales mark in the US, which is the threshold for receiving the federal US-wide tax credit.
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In the USA, a new rebate programme for EVs opened in Illinois on 1 July. Anyone who buys an electric vehicle (car, truck or van) can apply for a $4,000 rebate from the state. There is also a $1,500 rebate for electric motorcycles but not for electric mopeds.
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The new Labor government of Australia plans to deliver on its ‘Electric Car Discount’ policy from 1 July, then providing exemptions to certain import tariffs and fringe benefits taxes. This will effectively make some EV models cheaper, depending on the country of origin.
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Democrats in the US Senate have abandoned their plan to increase the tax credit for electric vehicles assembled by union workers in the US to up to $12,500.
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The Norwegian public road administration ‘Statens vegvesen’ has put the removal of some advantages for electric cars in road traffic into play. The considerations are part of a plan to reduce car traffic in Norway as a whole.
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The CEOs of General Motors, Ford, Stellantis and Toyota Motor North America are urging the U.S. Congress to lift the federal government’s cap on the number of vehicles that are eligible for a tax credit of up to $7,500 from the current 200,000 vehicle cap.
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The British government is ending its subsidy programme for electric cars with immediate effect. The sudden move only affects newly purchased electric cars. Subsidies for electric vans, electric taxis and electric motorbikes are to continue.
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In the Netherlands, the budget for government subsidies for new electric cars has been exhausted for this year. The government had set aside 71 million euros for this purpose – enough for 22,000 electric cars, which were subsidised with 3,350 euros each. However, the subsidy is still available for used electric cars this year.
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Although Tesla has moved its headquarters to Texas and opened a factory in the US state, Tesla’s electric cars remain excluded from the subsidy programme in Texas for electrified vehicles. The reason is Tesla’s direct sales without an intermediary dealer, which is an exclusion criterion for the subsidy programme.
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Climate protection in the Chinese transport sector will only play a minor role until the end of the year: In order to boost the car industry, the Chinese government is now halving the purchase tax for cars with internal combustion engines.
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In the USA, the state of Delaware has announced that the Department of Natural Resources and Environmental Control is extending the Clean Vehicle Rebate Program through the end of the year, providing rebates for drivers switching to electric vehicles.
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The electromobility roadmap that has been running in Switzerland since 2018 will be strengthened and extended until 2025. With a “broad range” of new and updated measures, the new ambitious goals are to be achieved by the end of 2025.
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The Norwegian Government followed up on plans to remove EV subsidies when it announced the revised budget this week. First to fall is the VAT exemption on electric cars costing more than 500,000 kroner (just under 49,000 euros) as of 1 January 2023.
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The Western Australian government has launched the Clean Energy Car Fund doted with almost $60 million (AUS – almost 40 million euros). This includes rebates for the purchase of battery electric and hydrogen fuel cell vehicles and charging infrastructure, but also an extra road tax for drivers of these vehicles.
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The Norwegian Ministry of Transport is considering abolishing or reducing privileges for electric vehicles in taxes and tolls in larger cities. According to its own statements, the government wants to push ahead with the traffic turnaround – and not simply replace combustion engines 1:1 with electric cars.
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The Canadian Government has issued its 2022 budget, which includes comprehensive investments in electromobility. This involves not only purchase incentives and infrastructure expansion but also the raw materials supply chain.
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