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Search resuls for: "Automotive Technology and"


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Tesla stands to benefit from any removal of consumer tax credits on electric vehicle purchases. AdvertisementElon Musk supports a Trump plan to end tax credits of up to $7,500 for electric vehicle purchases. On Thursday, Reuters reported that Trump plans to end the EV tax credit, with support from Tesla representatives. In October, the Alliance for Automotive Innovation, an industry group representing Ford, GM, Honda, Toyota, and others, urged Congress to keep the tax credits. While Musk supports cutting the EV tax credit, reports of its potential demise appear to have spooked investors.
Persons: Tesla, Elon Musk, EVs, , Elon, Musk, Trump, Kelley, Dan Ives, Joe Biden's, It's, Vaibhav Taneja, Benjamin Zhang Organizations: Service, US, Reuters, Ford, Tesla, Republican, BMW, Honda, Hyundai, Alliance for Automotive Innovation, GM, Toyota, Politico Locations: Detroit, Mexico
Trump's transition team aims to kill Biden EV tax credit: Reuters
  + stars: | 2024-11-14 | by ( ) www.cnbc.com   time to read: +3 min
Win Mcnamee | Getty Images News | Getty ImagesPresident-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters. Ending the tax credit could have grave implications for an already stalling U.S. EV transition. Representatives with the Trump transition and Tesla did not immediately respond to requests for comment. The alliance last month in an Oct. 15 letter urged Congress to retain the EV tax credits, calling them "critical to cementing the U.S. as a global leader in the future of automotive technology and manufacturing." Trump's energy transition team views the consumer EV credit as an easy target, believing that eliminating it would get broad consensus in a Republican-controlled Congress as part of a larger tax-reform bill.
Persons: Joe Biden, Biden, Win Mcnamee, Donald Trump's, Tesla, Elon Musk, Joe Biden's, oilman Harold Hamm, Doug Burgum, Mary Barra, Ngan, Trump, Donald Trump, Allison Robbert Organizations: White, Washington , D.C, Getty, Reuters, Trump, EV, Motors, Continental Resources, North Dakota, General Motors, Chevrolet Silverado, Huntington Place Convention, Afp, Alliance, Automotive Innovation, Tesla, Republican, Republicans, Hyatt Locations: Washington ,, Detroit , Michigan, Florida, Washington , DC
For decades, the phrase “Made in Germany” signaled cutting-edge automotive technology and design. And that speed was on display Monday at I.A.A. Mobility, a massive auto show in Munich, with newcomers from China stealing the show. BYD, an all-electric Chinese carmaker that overtook Volkswagen as China’s best-selling brand this year, unveiled a sleek, new sedan and a sport utility vehicle to applause from a packed crowd. “I think the Europeans are just pretty much petrified of how the Chinese will perform in Europe,” said Matthias Schmidt, an independent analyst of the electric-car market based in Berlin.
Persons: Germany ”, , Matthias Schmidt Organizations: Mobility, Volkswagen Locations: Germany, China, Munich, Europe, Berlin
Bernstein's Toni Sacconaghi is not seeing the software giant in Tesla his counterparts on Wall Street do. Primary drivers of software revenue The first major driver of current software revenue comes from deferred revenue recognition stemming from its software updates. The second driver of software revenue comes from software that allows for enhanced Autopilot and full self-driving. The analysis found enhanced Autopilot and FSD amounted to the lion's share of software revenue, bringing in around $240 million. "Perhaps our biggest contention with underlying bullish assumptions on Tesla and FSD is the sustainability of pricing on FSD," Sacconaghi said.
Societatea Inginerilor de Automobile din România – SIAR organizează în toamna anului 2021 a XXXI-a ediție a Congresului Internaţional de Inginerie a Autovehiculelor şi Transporturilor cu tema principală „Automotive and Integrated Transport Systems – AITS 2021”. Atribuirea responsabilităţii organizării congresului internaţional anual al SIAR de inginerie a autovehiculelor şi transporturilor Filialei SIAR din cadrul Universităţii Tehnice a Moldovei din Chișinău a fost hotărâtă de Adunarea Generală a SIAR ce a avut loc la Universitatea din Craiova în data de 23 octombrie 2019. În cadrul aceloraşi lucrări, Adunarea Generală a hotărât ca organizarea ediţiei din anul 2021 a Congresului SIAR să fie atribuită filialei SIAR din cadrul Universităţii Politehnica din Timișoara. Ulterior, urmare a situației sanitare generate de epidemia COVID-19, Consiliul Director al SIAR a decis amânarea cu câte un an a celor două congrese, decizie confirmată de Adunarea Generală SIAR din 17 decembrie 2020. Constantin Ghiulai cu cele două secţiuni: „Dinamica autovehiculelor – ediţia a VII-a” și „Automotive CAD – CATIA – ediţia a XIV-a”.
Persons: Green, ., Constantin Ghiulai Organizations: Inginerilor, Automobile, Congresului, Transporturilor, Automotive Technology, Universității Tehnice, Moldovei, Universităţii, Adunarea Generală, Universitatea din, Universităţii Politehnica din, Adunarea, Congresul, UTM Locations: România, Automotive Technology and, Chișinău, Universitatea din Craiova, SIAR, Universităţii Politehnica din Timișoara
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