Show #1546

Good morning, good afternoon, and good evening wherever you are in the world, welcome to EV News Daily, you trusted source of EV information. It’s Friday 29th July, it’s Martyn Lee here and I go through every EV story so you don't have to.

Brian Willis, Communications Director, ZETA
"EV Tax Credit Refund Ability Question: Page 381-382.  It appears that the person who buys the car transfers the credit to the dealer, who receives an advanced payment, which is treated as refundable for tax purposes. Why they did that i have no idea."

Alisa Petersen @amariepetes "essentially makes it a point of sale rebate, but gets around fraud concerns because you just need to work with dealerships to track sales instead of individuals. It’s actually a really elegant solution :-)"

https://twitter.com/bwillisful/status/1552746425724846080

Loren McDonald at EV Adoption
10) I searched the doc and did not find a reference to the tax credit being refundable - which is dumb. That was one of the most important previously proposed changes to make the credit more relevant to more modest households.

https://twitter.com/evadoptiontweet/status/1552480842609397760

House Democrats aim to turn EV tax credit into refundable credit

https://www.cnet.com/roadshow/news/ev-tax-credit-refundable-house-democrats/



SENATE MOVES FORWARD WITH EV TAX CREDIT REFORM

https://electrek.co/2022/07/27/senate-moves-forward-ev-tax-credit-reform-tesla-tsla/



FORD POSTS Q2 PROFIT, EXPECTS TO PRODUCE 14,000 EVS THIS MONTH

https://techcrunch.com/2022/07/27/ford-posts-q2-profit-expects-to-produce-14000-evs-this-month/



FORD UNVEILS AMERICA’S FIRST ELECTRIC PICKUP TRUCK

https://media.ford.com/content/fordmedia/fna/us/en/news/2022/07/28/2023-ford-f-150-lightning-pro-ssv.html



ALL-ELECTRIC ROLLS-ROYCE SPECTRE UNDERGOING SECOND TESTING PHASE ON THE FRENCH RIVIERA

https://www.press.rolls-roycemotorcars.com/rolls-royce-motor-cars-pressclub/article/detail/T0402593EN?language=en



FERRARI CEO SHRUGS OFF CONCERNS ABOUT EV PERFORMANCE

https://www.cnbc.com/2022/07/26/ferrari-ceo-shrugs-off-concerns-about-ev-performance.html



SONO MOTORS UNVEILS PRODUCTION DESIGN OF ITS ‘SION’

https://sonomotors.com/en/press/press-releases/sono-motors-unveils-production-design-of-its-sion-and-solar-bus-kit/



TESLA GIGA BERLIN IS AIMING FOR 3K MODEL Y PER WEEK STARTING OCTOBER: REPORT

https://www.teslarati.com/tesla-giga-berlin-3k-model-y-per-week-october-report/



SIEMEN'S NEW HOME-CHARGING SOLUTION MEANS NO ELECTRIC PANEL UPGRADES
 
https://insideevs.com/news/601056/siemens-connectder-money-saving-home-ev-charging-solution/



LIGHTYEAR WELCOMES KOENIGSEGG AS PARTNER AND INVESTOR

https://www.automotiveworld.com/news-releases/lightyear-welcomes-koenigsegg-as-partner-and-investor/



IBERDROLA AND BP TO COLLABORATE TO ACCELERATE EV CHARGING INFRASTRUCTURE AND GREEN HYDROGEN PRODUCTION

https://www.bp.com/en/global/corporate/news-and-insights/press-releases/iberdrola-and-bp-to-collaborate-to-accelerate-ev-charging-infrastructure-and-green-hydrogen-production.html



GOOD NEWS FOR EV DRIVERS: HUNDREDS OF CHARGING STATIONS COMING TO CALIFORNIA

https://timesofsandiego.com/business/2022/07/27/good-news-for-electric-vehicle-drivers-hundreds-of-charging-stations-coming-to-california-soon/


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