Topic: tax credits
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Ford and GM's EV Tax Credit Extension Plan Fails
Ford and General Motors have abandoned their plan to extend the $7,500 electric vehicle tax credit through a temporary leasing program after its official expiration date. The strategy faced political opposition from Republican senators who criticized it as a loophole, leading both automakers to w...
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OpenAI Lobbies for Data Center Tax Credits in Chips Act
OpenAI has requested the U.S. government to expand the Advanced Manufacturing Investment Credit to include AI servers, data centers, and electrical grid infrastructure, aiming to accelerate AI infrastructure development and reduce capital costs. The company also urged streamlining permitting for ...
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EV Owners Face New Hurdle as Waymo's Robotaxi Fleet Tops 2,000
The electric vehicle market is facing challenges due to the transition to Tesla's charging standard and the expiration of federal tax incentives, which may reduce consumer confidence and sales. EV owners are dealing with increasing complexity from needing multiple charging adapters for different ...
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Tesla's New Strategy: Rent an EV to Boost Sales
Tesla has launched a short-term rental program in select California locations to address a projected downturn in EV sales, expanding the service after federal tax incentives expired. The program offers rentals for 3-7 days starting at $60 per day, including perks like free Supercharger access, su...
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GM Halts Electric Chevy BrightDrop Van Production
General Motors is discontinuing Chevy BrightDrop electric van production at its Ontario plant due to weak demand in the commercial EV sector, leading to unsold inventory. The decision, influenced by slower market growth and changing regulations, will affect the workforce, with GM considering alte...
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Utah Leaders Block Solar Energy Development
Utah is pursuing an ambitious plan to double energy production to meet growing demand, but new legislation is creating significant hurdles for the state's fastest-growing power source: solar energy. Despite solar accounting for most new grid projects, state laws have increased costs by ending tax...
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The End of the EV Carpool Lane Perk: What You Need to Know
California is ending its long-standing perk allowing single-occupant EVs to use carpool lanes, following the federal government's decision not to reauthorize the program. The change, effective next month, will invalidate all existing decals without refunds and affects similar programs in other st...
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Tesla Adds Standard-Range Model 3 and Model Y
Tesla has launched a more affordable Standard Range Model Y for North America, shifting focus from rumored budget models to expanding its current lineup. The new Model Y, priced from $39,990 with 321 miles of range, is designed to sustain market momentum amid predicted sales downturns and the exp...
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Ford Mustang Mach-E GT California Special: A Modern Classic
The Ford Mustang Mach-E is achieving strong sales, surpassing gasoline models even without the federal EV tax credit, and Ford has introduced a special edition to sustain this momentum. The new Mustang Mach-E GT California Special edition draws from the 1968 original, featuring exclusive design e...
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Tesla Revives Threats to Secure Musk's $1 Trillion Pay Package
Tesla's board is urging shareholders to approve Elon Musk's $1 trillion compensation package, warning that rejection could lead to his departure and a significant drop in the company's value, mirroring past successful strategies. Corporate governance advisors oppose the package due to its excessi...
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Arbor's 'Vegetarian' Rocket Engine Is Actually an Omnivore
Arbor Energy's power generation technology has evolved from running solely on plant waste to using multiple fuel sources including natural gas, expanding deployment potential while maintaining carbon capture capabilities. The company secured $55 million in funding and uses oxy-combustion technolo...
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AI-Designed Viruses & Hydrogen Industry Setbacks
AI has been used to design functional genetic sequences, including novel viral genomes that can replicate and destroy targeted bacteria, opening new pathways for treatments and synthetic biology. The clean hydrogen sector faces operational challenges, including project cancellations and delays, d...
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Tesla's New Model Y: The Affordable EV Is Here
Tesla's new affordable electric vehicle is a budget-friendly Model Y variant, not the previously announced $25,000 Model 2, focusing on cost reductions and a stripped-down design. The vehicle features significant visual changes like missing front and rear light bars and interior downgrades, inclu...
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Chevrolet Equinox EV: Perfectly Sized, Priced Right
The Chevrolet Equinox EV is a practical, spacious electric crossover that makes capable electric transportation more accessible, serving as a direct successor to the Bolt with a focus on family-friendly utility. It offers a comfortable ride, modern design, and strong practicality with generous ca...
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Judge Rules Tesla Misled Buyers on Self-Driving Tech
A California judge ruled Tesla's marketing of its Autopilot and Full Self-Driving systems is misleading, and the state's DMV has adopted this ruling, threatening a 30-day sales license suspension if advertising is not corrected. The DMV found Tesla's product names violate state law by implying a ...
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Polestar 4 Redefines EV Minimalism
The 2026 Polestar 4 is a distinctive electric crossover starting at $57,800, notable for its Scandinavian minimalist design and the unique omission of a rear windshield to enhance its sleek profile and interior space. It features a minimalist interior with a 15.4-inch touchscreen and a 10.2-inch ...
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