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Rivian claims revamped EV incentive bill will benefit its rivals the most

Teslarati

The proposed revamped EV incentive bill being led by Senate Majority Leader Chuck Schumer and Senator Joe Manchin is expected to accelerate the adoption of all-electric vehicles in the United States. But while companies like Tesla and General Motors are definitely celebrating, electric truck maker Rivian is not.

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Tesla increases Model Y, cuts Model 3 prices in the U.S.

Teslarati

The Model Y crossover had several trim levels that, due to weight, did not meet the United States definition of an SUV and, due to its classification, was priced out of the $7,500 tax credit as non-SUV’s have a price limit of $55,000. All Model Y trims are now eligible for the $7,500 tax credit.

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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

A recent survey, conducted by Automotive News , has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. EVs are definitely not a want of our guests today. Electric vehicles are exciting.

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Leasing vs. Buying EV Charging Stations

EV Connect

This growth is far slower in the United States, likely due to a lack of charging stations. But, thanks to the combination of increasing tax incentives for charging stations and vehicles — and President Joe Biden’s proposal to add 500,000 charging stations nationwide — this trend may reverse sharply. And this isn’t the only one.

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EV tax credit supply chain rules ease, but China restrictions remain

Baua Electric

In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market.

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Are Rising EV Inventories Proof Nobody Wants Them?

The Truth About Cars

It’s definitely not happening at the pace that the Biden administration wanted, as the White House set a goal of making half of new-vehicle sales electric by 2030. However, government incentives (EV tax credits) have made them more attractive in the general sense. The Department of Energy has reported that the U.S.

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Perspective: A View Into the New GM

Green Car Congress

GM expects HCCI, when combined with enabling technologies like variable valve actuation and advanced electronic engine controls, to provide a 12-15% improvement in overall fuel economy while being more affordable than hybrid or diesel technologies. Earlier post.).

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