It’s a new year, and these are now the only EVs that get a tax credit

Strict rules about battery components from China make most plug-ins ineligible.

concept of ev tax credit

Enlarge (credit: Getty Images)

It's a new year, and while few of us still have the headache of needing to remember to write the new year on checks, 2024 brings a new annoyance of sorts. As of yesterday, tough new US Treasury Department rules concerning the sourcing of electric vehicle batteries went into effect; as a result, most of the battery and plug-in hybrid EVs that were eligible for the Internal Revenue Service's clean vehicle tax credit until Sunday have now lost that eligibility.

Under the federal government's previous program to incentivize the adoption of plug-in vehicles, it offered a tax credit, up to $7,500, based on the battery capacity of a BEV or PHEV, and once a car maker sold more than 200,000 plug-in vehicles, it lost eligibility for the tax credit—Only Tesla and General Motors reached this threshold.

Changes came as part of the Inflation Reduction Act of 2022 and went into effect at the start of 2023. Thanks to heavy industry lobbying, credits linked to union-made EVs went by the wayside, with US Senator Joe Manchin acting as point man for companies like Toyota that sought to slow down the EV transition.

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Operation Triangulation: Wie ein Trojaner simple Security-Fehler bei Apple zeigt

Ein beispielloser Exploit, rätselnde Sicherheitsforscher und eine simple Auflösung: Ein extrem ausgeklügelter Angriff auf iPhones zeichnet ein schlechtes Bild der Hardware-Security bei Apple. Von Sebastian Grüner (Apple Silicon, Apple)

Ein beispielloser Exploit, rätselnde Sicherheitsforscher und eine simple Auflösung: Ein extrem ausgeklügelter Angriff auf iPhones zeichnet ein schlechtes Bild der Hardware-Security bei Apple. Von Sebastian Grüner (Apple Silicon, Apple)

2024 may be a year of reckoning for Apple’s $85 billion services business

US court cases and tougher EU regulation will pose challenges to Apple’s bottom line.

2024 may be a year of reckoning for Apple’s $85 billion services business

Enlarge (credit: Smith Collection/Gado/Getty Images)

Apple faces a legal reckoning in 2024, with a series of regulatory decisions by US and EU authorities over the coming months set to determine the future of its $85 billion-a-year services business.

The biggest hit to the iPhone maker could come from a US antitrust trial against Google, where it emerged that the fellow tech giant had paid more than $26 billion in 2021 to make its search engine the default on Apple devices and other smartphones and browsers.

Should Google lose the case, it could be forced to stop making regular payments to Apple, which Eric Seufert, an independent analyst, estimates as being worth a quarter of annual revenues earned by Apple’s services arm.

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Juno makes its first ultra-close flyby of the volcano-covered moon Io

“The cumulative effect of all that radiation has begun to show.”

Juno flyby of Io on Dec. 30, 2023.

Enlarge / Juno flyby of Io on Dec. 30, 2023. (credit: NASA)

On Saturday NASA's Juno spacecraft, which has been orbiting Jupiter for the better part of a decade, made its closest flyby of the innermost moon in the Jovian system.

The spacecraft came to within 930 miles (1,500 km) of the surface of Io, a dense moon that is the fourth largest in the Solar System. Unlike a lot of moons around Jupiter and Saturn, which have surface ice or subsurface water, Io is a very dry world. It is also extremely geologically active. Io has more than 400 active volcanoes and is therefore an object of great interest to astronomers and planetary scientists.

Images from the December 30 flyby were posted by NASA over the New Year holiday weekend, and they provide some of the clearest views yet of this hell-hole world. The new data will help planetary scientists determine how often these volcanoes erupt and how this activity is connected to Jupiter's magnetosphere—Io is bathed in intense radiation from the gas-giant planet.

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Vorstandsvorsitzender: Telekom-Chef Höttges zehn Jahre in Konzernführung

Polternd, strategisch und irgendwie sympatisch: Tim Höttges ist zehn Jahre in der Konzernführung der Telekom und eines ist sicher: Langweilig wird es mit ihm nie. (Timotheus Höttges, Telekom)

Polternd, strategisch und irgendwie sympatisch: Tim Höttges ist zehn Jahre in der Konzernführung der Telekom und eines ist sicher: Langweilig wird es mit ihm nie. (Timotheus Höttges, Telekom)