Search results for Tax Credit
Industry
Global regulation outpaces plant buildout, speeding up Korean anode materials shift
Korean anode materials makers are accelerating plans to localise synthetic graphite as a U.S. route for Chinese graphite shifts from high tariffs to tax credit eligibility requirements. With capacity expansions and long-term supply contracts largely concentrated in 2027, domestic cell makers have limited options to replace Chinese materials before then. Import prices have fallen, but U.S. 45X rules on prohibited foreign entities tighten from 2026.
Games & Commerce
Five game industry associations call for tax credit for game production costs
Five South Korean game and e-sports associations urged the government and parliament to add a tax credit for game production costs to the 2026 tax revision plan and to extend and expand an e-sports tournament operating cost credit set to expire at year-end. They said games account for about 60 percent of K-content exports but are excluded from existing production cost tax credits. They also called for raising the e-sports credit rate and expanding its geographic scope nationwide.
Mobility
Tesla runs out of California EV rebates in five days
Tesla has used up in five days the rebate allocation it received under California\'s new MyFirstEV electric-vehicle purchase support program. The discount for Tesla buyers began on Aug. 3 and the allocation was fully exhausted by Aug. 8, Electrek reported. The program is funded by $135.5 million in state money matched by automakers. Eligible buyers get an upfront $3,500 off a new vehicle under $50,000 or $1,750 off a used vehicle under $25,000, with no income cap or separate application.
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Industry
Mega project to begin 353 trillion won investment this year; Lee says blitz over speed campaign
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Mobility
Ford to launch sub-$30,000 electric pickup Fathom in 2027, take on Tesla
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Industry
LG Energy Solution posts 113.3 billion won Q2 operating profit, down 77 percent year on year
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Games & Commerce
Warning signs as game industry growth slows, calls for tax credits for production costs
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Industry
Tesla posts record Q2 deliveries but focus turns to profitability in results due July 22
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Mobility
Honda, Tesla and Volkswagen join EV discontinuation rush in U.S.
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Industry
Hanwha Q CELLS to handle EPC for largest U.S. solar and ESS complex
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Industry
Semiconductor, battery direct refund scheme in focus ahead of July tax reform plan
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Industry
LG Energy Solution posts Q2 operating profit of 113.3 billion won, down 77 percent year on year
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Industry
Tesla\'s Q2 results buoyed by Model Y, oil prices and incentives
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AI & Enterprise
HCG adds year-end tax settlement AI chatbot to payroll outsourcing service
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Industry
Hanwha Solutions issues 300 billion won RCPS, securitises 340 billion won more AMPC
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Mobility
Slate switches to Gotion LFP battery from SK On NMC, keeps price and boosts range
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Mobility
Tesla Model 3 tops U.S.-made vehicle rankings for sixth straight year as EV market slams brakes
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Autos & Transportation
Hyundai Motor offers up to $10,000 discount on EVs in U.S. with Ioniq series promotions