In an ideal world, this is how electric-car tax credits should work

2017 Chevrolet Bolt EV electric car at EVgo fast-charging station, Newport Centre, Jersey City, NJThe tax reform bill likely to be voted on by the U.S. Senate and House of Representatives retained a number of provisions originally slated to be cut from the tax code. Among them was the federal income-tax credit for purchase of a plug-in electric vehicle. Three carmakers—General Motors, Nissan, and Tesla—have now used more than half...

First all-electric NEVS 9-3 sedans (nee Saab) built in China two weeks ago

Production of first NEVS 9-3 at plant in Tianjin, China is celebratedThe company that bought the remains of Swedish carmaker Saab, known as National Electric Vehicle Sweden (NEVS), finally celebrated the start of car production in China two weeks ago. NEVS first production vehicle is the 9-3 electric, of which it plans to produce 50,000 copies annually during phase one at its assembly facility in Tianjin, China. It...

World Bank will stop funding oil, gas exploration in 2019

Coal-fired Nanticoke Generating Station, Ontario, Canada, now being converted to 44-MW solar farmIt's not just the world automotive industry that's grappling with rapid changes brought about by the need to reduce the effects of climate change. The world's fossil-fuel extraction, refining, and delivery industries are also faced with the reality that two centuries of burning their core products hurts the planet and has already exacerbated...

2019 Honda Insight prototype to debut at Detroit auto show

2019 Honda Insight prototypeThe end-of-year holiday season is just really starting, but information on Detroit auto show debuts next month is coming in. A new hybrid car from one of the pioneers of hybrid-electric vehicles is notable, and that's what Honda has delivered. The company said Tuesday morning that it will show a prototype of what will be the 2019 Honda Insight...