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Coalition’s U-turn on EV discount slams brakes on working Australians’ hopes for car savings

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The Opposition’s U-turn on the electric car discount that’s making EVs more affordable to buy is a major blow to everyday, hard-working Australians during a cost-of-living crisis, according to the Electric Vehicle Council. On Monday, the Opposition Leader indicated there were no proposals to change the Fringe Benefits Tax (FBT) exemption, which creates an ‘electric … Continued

Coalition’s winding back of EV subsidies will hurt working Australians

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Statement from National Automotive Leasing and Salary Packaging Association (NALSPA) CEO Rohan Martin: “The Coalition’s announcement that it would wind back electric vehicle (EV) subsidies will hurt everyday ordinary working Australians—at a time when the cost-of-living crisis, including escalating transport costs, is hitting hard. “NALSPA is disappointed at the Coalition’s reversal on the commitment from … Continued

Piedmont Lithium and Sayona Mining Announce Amendments to Merger Agreement

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BELMONT, N.C.–BUSINESS WIRE– Piedmont Lithium Inc. (“Piedmont,” “the Company,” “we,” “our,” or “us”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, and Sayona Mining Limited (“Sayona”) provide an update in relation to the proposed merger between Piedmont and Sayona announced on November 19, … Continued

Update on Regulatory Approvals and Reverse Stock Split for Merger With Sayona Mining

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Key regulatory approvals received in the United States and Canada Reverse stock split ratio determined at 1-for-150 Sayona shares pending shareholder approval American Depository Shares (“ADS”) will be issued at a ratio of 1-for-10 BELMONT, N.C.–BUSINESS WIRE– Piedmont Lithium Inc. (“Piedmont,” “the Company,” “we,” “our,” or “us”) (Nasdaq: PLL; ASX: PLL), a leading North American … Continued

High-Grade Drill Results Continue at North American Lithium

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BELMONT, N.C.–BUSINESS WIRE– Piedmont Lithium Inc. (“Piedmont,” “the Company,” “we,” “our,” or “us”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, announced the final results received from the North American Lithium (“NAL”) 2024 drilling program. NAL is North America’s largest producing spodumene mine … Continued

Cross-party support for EV FBT exemption to help more working Australians ease cost-of-living pressures

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Bipartisan support for the Fringe Benefits Tax (FBT) exemption on eligible electric vehicles (EVs) will enable more working Australians to afford an EV amid rising cost-of-living pressures, according to the National Automotive Leasing and Salary Packaging Association (NALSPA). NALSPA Chief Executive Rohan Martin said the Opposition Leader Peter Dutton’s commitment to the policy provided certainty … Continued

Bipartisan support for electric car discount a win for all Australians

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Australians will continue to benefit from lower purchase prices and significant savings on running costs for electric vehicles, with bipartisan support for the electric car discount. Both major parties have confirmed the discount through support for the Fringe Benefits Tax (FBT) exemption for electric vehicles, with the Liberal Leader Peter Dutton committing to retain it … Continued

AIT Worldwide Logistics acquires Miami-based forwarder, GSDMIA, Inc.

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Strategic deal enhances trade lane support between Asia, Europe, Latin America, United States ITASCA, Ill.–BUSINESS WIRE– Global supply chain solutions leader AIT Worldwide Logistics has finalized an agreement to purchase the assets of GSDMIA, Inc. (“GSDMIA”), an international freight forwarder based in Miami. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250422511696/en/ The … Continued

SoundHound AI Joins Forces with Tencent Intelligent Mobility to Bring World Class Conversational AI to the Intelligent Cockpits of Global Auto Brands

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Voice AI leader will collaborate with Tencent Intelligent Mobility to provide an enhanced in-vehicle experience with hands-free access to apps, entertainment, and car controls SANTA CLARA, Calif.–BUSINESS WIRE– SoundHound AI, Inc. (NASDAQ: SOUN), a global leader in voice artificial intelligence, today announced that it will be working with Tencent Intelligent Mobility, which is part of … Continued