subsidies

California May Exclude Tesla from EV Rebate Program

4 days ago

In California, the largest electric vehicle market in the United States, a situation has arisen that may significantly impact the manufacturer Tesla. State authorities are considering the possibility of excluding the company from a subsidy program offered to electric vehicle purchasers. This decision stems from regulators' dissatisfaction that Tesla does not meet the established criteria for receiving government payments. Specifically, this involves price limits on vehicles and income levels for buyers.

French Green Lobby Raises Alarm Over Subsidy Cuts for EVs and Housing

3 months ago

In France, discussions have erupted among environmental groups and business representatives regarding potential cuts to government subsidies that currently support the sale of electric vehicles and the development of eco-friendly housing projects. These measures have been implemented to encourage a shift towards cleaner technologies and improve the situation concerning climate change. However, the government is considering a budget overhaul that could impact current initiatives driving the green agenda.

Egypt Keeps Rates High Amid Inflation from Subsidy Cuts

3 months ago

The Egyptian government has decided to maintain high interest rates to combat rising inflation caused by subsidy cuts. This decision by the central bank was made in the face of uncertainty stemming from the economic challenges confronting the country. Keeping the rates elevated aims to limit inflationary pressure and stabilize the economic situation.