incentives
By Aditi Shah NEW DELHI (Reuters) – India plans to expand electric vehicle incentives to automakers building models at existing factories in the country, instead of limiting the benefits to automakers willing to build new plants, a person with direct knowledge of the matter said. India’s EV policy, which is…
By Akash Sriram and Abhirup Roy (Reuters) – Tesla (NASDAQ:) is expected to report an 8% jump in third-quarter deliveries of its electric vehicles on Wednesday, Wall Street estimates show, driven by extended incentives and lucrative financing plans in the world’s largest auto market, China. Responding to sluggish Chinese spending…
By Hyunjoo Jin, Akash Sriram (Reuters) -Tesla on Tuesday reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter, as the electric carmker’s price cuts and incentives helped mitigate cooling demand. Shares of the world’s most valuable automaker rallied more than 10% on Tuesday, hitting the highest level…
By Giuseppe Fonte and Angelo AmanteROME (Reuters) – Italy’s ruling coalition was divided on Tuesday over the approval of new curbs on costly incentives for home renovations, with the moderate Forza Italia party refusing to back the Treasury plan, saying it would harm banks and business.The government of Prime Minister…
By Clyde RussellSINGAPORE (Reuters) – It’s time for a reality check about decarbonising Asia’s vast and growing steel sector. Reducing the carbon footprint is possible, but only in stages, and over a far longer than ideal time period, and only if incentives to do so are available.Steel is the biggest…
By Diego Oré MEXICO CITY (Reuters) – Mexico’s federal government, under pressure from the U.S., is keeping Chinese automakers at arm’s length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with the matter said. The last…
