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SAFE Report: electricity shortfalls impede IRA’s materials production goals

Green Car Congress

However, the series of bills do not address the main obstacle to producing primary aluminum: access to ample supplies of affordable energy, the report says. The SAFE “ Legislative Analysis for the U.S. The IIJA funds $73 billion for aluminum-heavy electric infrastructure and $5 billion for a nationwide network of EV charging stations.

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Tesla requests PM Modi to cut import taxes on electric vehicles 

Electric Vehicles India

Tesla requests PM Modi to cut import taxes on electric vehicles . Tesla Inc urged the Prime Minister’s Office to cut down the import taxes on electric vehicles before it enters the market. Tesla wants to start selling imported cars in India this year but it says taxes in India is very high among the highest in the world.

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Survey: Dealers think Biden is moving too fast on EVs

Baua Electric

Along with concerns about charging infrastructure, some dealers reportedly cited “affordability concerns or a lack of inventory” as reasons for the lack of EV interest. Surprisingly, 57% of respondents thought that the new point-of-sale rebate for the federal EV tax credit would have no effect on EV sales, or they were unsure.

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Hyundai and Kia are closing the gap with Tesla as US EV market share hits double-digits

Baua Electric

Hyundai and Kia have been on a roll with some of the most affordable, fuel-efficient electric cars in the US. Offering over 300 miles range, fast charging in under 20 mins, and an affordable price tag, the Korean automakers are making their presence known in the US. of the US market. Hyundai Motor’s share has risen from 3.2%

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Tesla’s Model 3 paved the way to powerful, affordable EVs. Electric Vehicles are Affordable. You can now purchase an electric vehicle at a fair price due to the existing tax credits.

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Report: Vehicle Supplies Remain Historically Low

The Truth About Cars

Automakers also appear to be continuing to push higher-priced vehicles with larger margins, rather than trying to meet demand for their more-affordable models. Though this may simply be the result of consumers finding themselves unable to afford the former and manufacturers falling behind with no competition capable of taking up the slack.

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Xpeng costs crossover under rival Tesla Style Y

Baua Electric

. “We do admit the G6 pricing strategy created a unique product segment of BEV SUV at the 200,000-230,000 yuan range which attracts customers wanting an entry level mid-sized BEV SUV but cannot afford a Tesla model-Y or Xpeng P7i,” Citigroup analysts wrote in a notice.

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