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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

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Power EV Index ( earlier post ), a new, advanced analytics tool that tracks the progress to parity of EVs with internal combustion engine (ICE) vehicles in the United States, this steady decline in price mixed with surging availability is setting the stage for a new era of EV price wars. in January. At the current trajectory, J.D.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

Which automaker announced plans to embrace the Tesla charge connector and reignite an offbeat kind of internal combustion engine, all in the same week? Two automakers this past week, both known for affordable gasoline cars, dashed hopes of seeing more affordable EVs anytime soon. inch infotainment screen.

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Suzuki Motor working on affordable hybrid for small cars, says R C Bhargava, Maruti to consider plug-in hybrids too | Autocar Professional

Baua Electric

Speaking to media post FY-24 earnings, the top management stated that HQ Suzuki is working on an affordable hybrid solution for the compact cars and it will seriously consider the more expensive plug-in hybrid technology for the future. Bhargava did not share any specific timelines for the affordable hybrids.

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bp to invest up to $8B additional in transition growth engines by 2030, for cumulative $55-65B over 2023-2030

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bp says that it will invest more in the energy transition and bp’s own transition, with up to $8 billion more slated for transition growth engines (TGEs) by 2030. billion capital expenditure—nto its transition growth engines, including the acquisition of Archaea Energy. For 2022, bp incurred a total tax charge of $15.1

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

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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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Conversion supporters petitioning Obama Administration to extend tax incentives to plug-in conversions

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Entrepreneurs and advocates for electric and plug-in hybrid vehicles conversions have taken advantage of the platform to create a petition urging the Administration to extend the Qualified Plug-in Electric Drive Motor Vehicles (IRC 30D) tax incentives, currently granted for new plug-in vehicles, to plug-in conversions.