No Result
View All Result
Success American Investors
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Success American Investors
No Result
View All Result
Home Investing

Think tank says tax cars based on their weight

by
July 18, 2023
in Investing
0
Think tank says tax cars based on their weight
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Transport & Environment’s research results suggest that smaller cars could reduce the requirement for raw materials such as lithium, manganese, cobalt and nickel by almost a quarter.

Smaller cars could ease the demand for battery materials such as cobalt, lithium, nickel and manganese by almost a quarter, according to the Transport & Environment think tank

A green transport organization has alerted that the trend for cars with greater weight is boosting the call for metals required in electric car batteries.

Transport & Environment, a thinktank, has suggested that a reduction in the size of cars could reduce the predicted requirement for battery resources, such as cobalt, lithium, nickel and manganese, by up to a fourth. They are advocating for the UK government to impose a taxation system based on weight for the heaviest cars and the largest models, as well as introducing tax incentives for small electric vehicles.

The UK saw a 44 percent surge in sales of sports utility vehicles among electric vehicles in 2020. Generally, the heavier the car, the greater the battery size for it to have the same range. To prevent further growth in this direction, it is necessary to put a stop to this trend.

Read more:
Think tank says tax cars based on their weight

Previous Post

Suresh Kumar’s “Follow that Dream” Book Launch at the Indian High Commission – The Nehru Centre, 12th July 2023

Next Post

Shabs Rahman Recognised as Leading Business Consultant for 2023-2024, Pioneering Disruptive Strategies for Unprecedented Success

Next Post

Shabs Rahman Recognised as Leading Business Consultant for 2023-2024, Pioneering Disruptive Strategies for Unprecedented Success

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

February 14, 2024
Idaho Bucks Managed Care Trend

Idaho Bucks Managed Care Trend

December 5, 2023

Last Day to Give in 2023!

December 31, 2023

The Producer Price Index

September 9, 2023

To Make Flying Safe, Make Air Traffic Control a Profit-Seeking Business

0

0

0

0

To Make Flying Safe, Make Air Traffic Control a Profit-Seeking Business

May 15, 2025
What’s Driving the Drop in Overdose Deaths?

What’s Driving the Drop in Overdose Deaths?

May 15, 2025

TWC IT Solutions Achieves Triple ISO Certification to Bolster Security Measures for UK Companies

May 15, 2025

CIBSE President Elect for 2025/26 revealed as David Cooper MBE

May 15, 2025

Recent News

To Make Flying Safe, Make Air Traffic Control a Profit-Seeking Business

May 15, 2025
What’s Driving the Drop in Overdose Deaths?

What’s Driving the Drop in Overdose Deaths?

May 15, 2025

TWC IT Solutions Achieves Triple ISO Certification to Bolster Security Measures for UK Companies

May 15, 2025

CIBSE President Elect for 2025/26 revealed as David Cooper MBE

May 15, 2025

Disclaimer: SuccessAmericanInvestors.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.