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BATTERY TAX CREDIT
A pail of water may unleash India's ₹20 lakh crore opportunityIndia faces a significant water crisis, with demand projected to double supply by 2030, creating a massive ₹20 lakh crore investment opport...- Trump's critical minerals pricing plan faces skeptical G7, divided industryAmerica's plan to control critical mineral prices faces hurdles. G7 nations and the US mining sector are divided. The proposal aims to redu...
- India eyes fiscal support for domestic EV battery supply chainIndia is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric v...
- Fuel price hikes, West Asia tensions push Indian businesses towards EV transitionRising crude oil prices are pushing India towards electric vehicles. Businesses are seeking stable operational costs. This shift is driven ...
- Battery storage firms eye AI demand but face grid, supply hurdlesAmerican battery storage companies are experiencing high demand from AI data centers. However, long waits to connect to the power grid and ...
- Rising energy bills: How EVs, rooftop solar, induction cooking can protect your household budget and how much they actually costFuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to a...
- India's EV transition needs a China-style ecosystem push; scale, policy, charging infra boost: NomuraIndia's transition to electric vehicles (EVs) will depend critically on how quickly it can build out a robust charging ecosystem, with infr...
- Inox Clean Energy eyes $750M Boviet Solar buy to enter US marketIndian renewable energy firm Inox Clean Energy plans to acquire US-based Boviet Solar. This strategic move aims to expand Inox's footprint ...
- Rush to save big: 30% battery tax credit ending soon — here’s how to cash in fastSave big with the 30% residential battery tax credit! This federal incentive slashes the cost of home battery storage systems. Act now—inst...
- Panasonic's battery unit profit grows 47% y/y in Q1 on AI boomPanasonic's energy unit experienced a significant profit surge in Q1, driven by booming demand for data centre energy storage systems fuele...
- Auto industry's shift toward EVs is expected to go on despite Trump threat to kill tax creditsTrump plans to scrap EV tax credits. Automakers remain committed to electric vehicles. Companies have invested billions in EV technology. T...
- China says Biden plan to shut it out of US battery supply chain violates WTO rulesChina said the Biden administration's intention to restrict Chinese content in electric vehicle battery tax credits violates trade norms an...
- Republican lawmaker seeks details of Tesla relationship with Chinese battery company CATLA senior Republican in Congress has raised concerns about Tesla's relationship with Chinese battery manufacturer CATL, questioning whether ...
- Tesla taps Biden tax credits to offset EV price cutsTesla CEO Elon Musk is ready to cut electric car prices again to drive sales if the economy swoons, and part of the reason is a bonanza fro...
- Tesla's Model 3 cheaper than Toyota's Camry in California with tax benefitsThe Biden administration on Tuesday confirmed that all Tesla Model 3 vehicles now qualify for $7,500 electric vehicle consumer tax credits ...
- 2023 tax credits for EVs will boost their appealBut a complex web of requirements, including where vehicles and batteries must be manufactured to qualify, is casting doubt on whether anyo...
- Honda Motor, LG Energy to build EV battery plant in Ohio: ReportBattery makers are looking to increase production in the U.S. where a shift toward electric vehicles (EV) could increase as the country imp...
- GST officers arrest person for defrauding exchequer Rs 13.76 croreThe Gurugram Zonal Unit of Directorate General of GST Intelligence has arrested a resident of Muzaffarnagar in UP, Pradeep Jain, who is dir...
- Mobile phone handset companies seek rationalisation of GST on batteriesThe association asked for GST on rechargeable lithium-ion batteries to be reduced to 18% from 28% currently, in line with other batteries.
- Telecom services cost may rise by 10% in absence of tax relief"The passive infrastructure industry is expecting to install around 50,000 towers during coming fiscal year and the taxes paid on each towe...
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