Bollinger Motors’ all-electric B4 Class 4 truck has received certification from the California Air Resources Board (CARB), making it eligible for federal and state incentive programs that could offer up to $100,000 in savings for buyers. This milestone positions the B4 for a successful launch, with production starting September 16th and deliveries commencing in October.
Cumberland, Maryland is offering up to $20,000 to families who relocate within its city limits. The program includes $10,000 in relocation cash and a dollar-for-dollar match of up to $10,000 for home renovations or a down payment. Cumberland is a small town with a low cost of living, a welcoming community, and access to natural beauty in Allegany County.
The Union Budget 2024 is highly anticipated by the electric vehicle (EV) sector, which expects substantial policy support and incentives. Industry leaders express their hopes for a comprehensive Battery Swapping Policy, increased FAME III allocation, incentives for local production, and GST reforms. They emphasize the need for affordable EVs, expanded charging infrastructure, simplified financing, and long-term policies to drive adoption and establish India as a global EV leader.
The Airport Authority Hong Kong (AAHK) has introduced the Airport Network Development Programme, offering financial incentives to airlines launching new routes or increasing flight frequencies to Hong Kong International Airport (HKIA). The program aims to strengthen HKIA’s position as a global aviation hub by encouraging airlines to expand their services and operations.
Tesla shareholders will decide on Elon Musk’s massive $56 billion compensation plan on June 13th. Tesla Chair Robyn Denholm emphasizes Musk’s unique role and the company’s exceptional nature, while former audit committee chair Steve Westly voices opposition due to financial concerns. Despite resistance, early voting indicates strong shareholder support for the package. Denholm’s letter highlights Musk’s potential departure if incentives are not adequate, emphasizing the importance of retaining exceptional talent while safeguarding shareholder interests.
Former NFL quarterback Tom Brady implemented a unique incentive plan for his offensive linemen during his tenure with the Tampa Bay Buccaneers. He offered $1,000 to each player who could execute a screen pass for over 15 yards, leading to a significant increase in screen attempts and yardage.
