The US government wants to abolish state subsidies for electric cars and renewable energies. US President Trump would like to eliminate state subsidies for electric cars immediately, but now, a new bill in Congress provides for an extension of tax rebates and an increase in the limit on the number of subsidized vehicles per manufacturer. Electric cars do not seem to be very popular with US President Donald Trump

Trump had promised during the election campaign to bring back industrial jobs to the US and make America "strong again". Now he is confronted with the fact that GM wants to eliminate up to 15,000 jobs and close several plants.

The bill called "Driving America Forward Act" was introduced by senators of both parties, ie both Democrats and Republicans. Specifically, the bill plans to increase the current limit of 200,000 subsidized electric cars per manufacturer by an additional 400,000 vehicles. Tesla and GM have already exceeded the current limit of 200,000 subsidized electric cars. Since the beginning of the year, Tesla has only received half the tax credit. The funding expires on January 1 of next year. At GM, it will be halved for the first time on April 1 of this year and will end on April 1, 2020.

As of today, buyers of an electric car or a plug-in hybrid vehicle, receive a tax credit: entitled are vehicles with a battery capacity of more than 5-kilowatt hours. There are 2,500 US dollars. For each additional kilowatt hour, the credit increases by 471 US dollars. The maximum is $ 7,500.

The bill also provides for subsidies for fuel cell vehicles to be extended until 2028. How big the chances are, that he will become law, is currently difficult to estimate. However, stock prices of Tesla and GM have already increased in response to the publication of the draft.

The White House, meanwhile, suggested just last month to completely cancel the tax credit for e-cars. A move that, according to the US government, would result in savings of $ 2.5 billion within a decade.



After it acquired Ubitricity, Shell has announced that it plans to build 50,000 Ubitricity charging stations in the United Kingdom by 2025. The group also wants to cover a portion of the costs. There are presently 3,600 Ubitricity… Continue reading

Called RAV4 Prime in the United States, this plug-in hybrid model is much more muscular than the simple hybrid version. Toyota presents the Toyota RAV4 Prime at the Los Angeles Auto Show. Without being exhaustive, the brand has given some… Continue reading

The government has made it clear, and the automobile industry is responding: the electric car is the way of the future. Is that, however, also your present? We can assist you in answering this question. Brands continue to promote large-scale… Continue reading

The new hydrogen-powered South Korean SUV, Hyundai Nexo, promises about 800 km of autonomy and 590 km with a charge of just five minutes. The Nexus comes with improved features compared to the previous hydrogen vehicle of from the Korean… Continue reading