Hints and tips:
Related Special Reports
...Indian steelmaker JSW last month launched a $1.5bn tie-up with China’s SAIC Motor to build and sell EVs in India....
...The Treasury department wants China, whose economy is flagging, to follow the western playbook and address bouts of economic weakness with demand-side policies such as tax cuts and stimulus cheques to boost...
...The California Department of Motor Vehicles said the cars were “not safe” and accused Cruise of having “misrepresented” the details of the incident....
...They raised the issues of personal use and tax evasion of corporate vehicles so the new licence has been adopted to address these problems,” said Korea’s Ministry of Land, Infrastructure and Transport in...
...The US Treasury Department said when Congress wrote the IRA it categorised leased EVs as “commercial”, because the vehicle title technically belongs to either the dealership or finance company....
...That is less than both the wages at Toyota’s vehicle assembly plants and the $40 an hour recently agreed at Ford, GM and Stellantis....
...They added that grants and tax incentives over the past decade “have accelerated the uptake of electric vehicles with over 1mn now on UK roads”....
...For example, although MG Motor is headquartered in the UK and owned by China’s SAIC, its MG5 and MG ZS are made in China and exported....
...We’re also reading and listening to . . . Mexico: Companies controlled by Carlos Slim make up one-fifth of Mexico’s benchmark index....
...Butterworth said business had “got the right cost structure in place, the right portfolio of products and technology” and was being “cautious” about which new vehicles to supply....
...While demand for BEVs has risen over the past three years, according to data compiled by Jato Dynamics, their share of the new car market shrank in the UK and sales growth slowed in the US and Europe....
...Mexico is covered by the IRA’s consumer tax credit to speed up the deployment of electric vehicles....
...BYD is to invest $1.3bn in an electric vehicle factory in Indonesia, after the Chinese carmaker unveiled three new battery models for sale with the aim of becoming Indonesia’s biggest EV brand....
...The California Department of Motor Vehicles has accused the GM subsidiary of having “misrepresented” the details of the crash, and the carmaker has hired a law firm to review its response....
...She cited industry data showing theft costs and repair costs had risen a third in a year, and the cost of replacement vehicles had jumped because vehicles were taking longer to repair....
...The IRA entitles consumers of electric vehicles to a clean vehicle tax credit of up to $7,500 as long as the raw materials and components meet certain thresholds....
...Brasília’s leftwing administration is offering tax breaks and incentives to companies producing low-emissions vehicles....
...Ford, General Motors and Tesla have all pumped the brakes on expanding EV production capacity in recent weeks....
...Its compatriot Great Wall Motor is spending about $2bn on EV and hybrid production in the country. Additional reporting by Beatriz Langella and Peter Campbell...
...On Friday, tax experts weighed in on the criticism of HMRC and the loan charge policy....
...hybrids and fully electric vehicles....
...With the IRA offering tax credits to purchasers of EVs assembled in North America, Hyundai is building a $7.6bn plant in Georgia, the largest investment of any carmaker in a new US electric vehicle factory...
...new vehicles....
...The California Department of Motor Vehicles had already ordered Cruise to take its driverless cars off the roads....
...General Motors’ Cruise faces probes by numerous federal and state authorities, including the Department of Justice and Securities and Exchange Commission, after an accident that led to the shutdown of driverless...
International Edition