Electric Vehicles (EVs) that are assembled outside of but leased within the United States may be eligible for clean vehicle tax credits, according to new guidelines published by the U.S. Treasury Department. This follows a plea in November from South Korean and Japanese officials who sought more “flexibility” from the U.S. for foreign automakers in…
Leased EVs Made Outside of US Eligible for Clean Vehicle Tax Credit: US Treasury
Capitol Report: Jan. 6 Committee Drops Subpoena Against Former President Trump; Manchin Against $7,500 EV Tax Credit
Former President Donald Trump is no longer under pressure to testify to Congress on events related to Jan. 6. The committee investigating the events on that day dropped the subpoena, citing the end of their investigation. Leading House Speaker candidate Kevin McCarthy says he will reopen the Capitol on Jan. 3. It’s been closed for…
Capitol Report: January 6 Committee Drops Subpoena Against Former President Trump; Manchin Against $7,500 EV Tax Credit
Former President Donald Trump is no longer under pressure to testify to Congress on events related to Jan 6. The committee investigating the events on that day dropped the subpoena, citing the end of their investigation. Leading House Speaker candidate Kevin McCarthy says he will reopen the Capitol on Jan. 3. It’s been closed for…
Anthony Furey: The Madness of Electric Vehicle Mandates
Commentary Five years ago I took the plunge and became a minivan owner and I’ll never forget what the shopping experience told me about electric vehicles (EVs). We bought the minivan because it was what our growing family needed at the time. I was originally hoping to get an SUV—cooler than a van!—but the storage…
US Postal Service to Deploy 66,000 Electric Vehicles by 2028 After Public Pressure Campaign
The U.S. Postal Service (USPS) has announced its plan to acquire at least 66,000 battery electric vehicles, which the company plans to deploy by 2028, with the initiative supported by funding from Congress. The USPS is anticipating the purchase of at least 60,000 of its new “Next Generation Delivery Vehicles,” of which at least 75…
Inflation Reduction Act Funds Power Postal Service’s Investment to Electrify Its Fleet by 2026
The United States Postal Service will spend $9.6 billion to electrify its entire fleet by 2026, the agency announced on Dec. 20. The plan was unveiled almost two years after controversy erupted when Postmaster General Louis DeJoy said that 90 percent of the next-generation fleet would be gas-powered instead of electric, a move that would…
Texas Utility Company Plans to Power the Grid with Battery Electric Vehicles
Texas’s largest regulated utility company plans to develop technology that would allow energy from electric car batteries to flow back to the power grid. Oncor and Toyota North America, headquartered in Plano, Texas, announced on Thursday a project known as vehicle-to-grid, or V2G, which the companies believe could allow customers to use their electric cars…
Thomas DiLorenzo: Why Are Americans So Hip to Crony Capitalism? | The Sons of History Ep8
How come so many Americans suddenly accept crony capitalism? Thomas DiLorenzo, author and senior fellow at The Mises Institute, joins the podcast to discuss the history of crony capitalism, how Americans have typically always been against it until the recent pandemic with big pharma and the shuttering of small businesses in favor of large corporations,…
Hong Kong Government to Mandate Acoustic Vehicle Alert System Installation on All Electric and Hybrid Vehicles
The Hong Kong government has submitted a plan to the Legislative Council to mandate that all-electric vehicles (EV) and hybrid vehicles must have an acoustic vehicle alert system (AVAS) installed. This follows similar legislation in America, Europe, Japan, China, and the UK. The authorities believe that electric vehicles are quieter than traditional vehicles while moving,…
Policy Expert Writes ‘Reality Check’ on Canada’s Emission Reduction Plan
The government’s 2030 target for electric vehicle sales extends well beyond what manufacturers say they can produce, says Brian Livingston, executive fellow at the School of Public Policy at the University of Calgary. He wrote a memo to Minister of Environment and Climate Change Steven Guilbeault on Dec. 13 titled “Counting Carbon: A Reality Check…
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