Baua Electric

MARCH 7, 2024

The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. 2024 Honda Prologue eligible for full $7,500 EV tax credit After kicking off production last month, Honda’s first fully electric SUV will begin hitting dealerships any day. FTC: We use income earning auto affiliate links.

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Teslarati

MARCH 28, 2024

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. James Bell, head of corporate communications at Kia America noted that EV9 production should begin by the end of May at the Georgia facility.

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Baua Electric

APRIL 22, 2024

Both are eligible for the $7,500 EV tax credit, cutting the effective price for many households to just $37,130 and $42,130 respectively. The Model 3 also doesn’t qualify for the EV tax credit. In addition, the base Model Y RWD now undercuts the base Model 3 by $5,000 for the tax-credit-eligible. at Fremont. 2024 Tesla Model Y.

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Baua Electric

JANUARY 24, 2024

Photo: Volkswagen of America “Most” 2023 and 2024 VW ID.4s 4s will qualify for the full US EV tax credit in 2024 – here’s the lowdown on eligibility. 4s with US-manufactured SK On battery components placed in service in 2024 will be eligible for the full $7,500 federal tax credit. VW 2023 and 2024 ID.4s Model year 2023 ID.4s

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Green Car Congress

SEPTEMBER 23, 2020

Volkswagen of America revealed the all-new ID.4 This compact SUV, which will be available in rear-wheel drive 201-hp 82 kWh (launching first) and all-wheel-drive 302-hp 82 kWh configurations, offers three years of fast charging with Electrify America for no additional cost. Reservations for the ID.4 Volkswagen estimates that the ID.4

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Baua Electric

JANUARY 5, 2024

Photo by Ron Cogswell on Flickr Tennessee has started the process of hiking its EV registration fee from $100 to $274 per year and beyond, aiming to continue hiking the fees in perpetuity, further increasing the disproportionately high taxes paid by EVs in the state as compared to gas cars. cent special petroleum fee “).

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Baua Electric

FEBRUARY 9, 2024

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. The site “is advancing ever day,’” according to Oscar Kwon CEO of the Hyundai Motor Group Metaplant America (HMGMA). Munoz said EVs produced at the new plant will qualify for the tax credit.

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Baua Electric

APRIL 30, 2024

Profit after tax ( PAT) was at INR 517 crore with a margin of 16.3% Profit after tax (PAT) was at INR 517 crore with a margin of 16.3% We continue to build on our EV order book, and in Q4, we added one new EV program to supply differential assemblies to an existing customer in North America. and 30% YoY. and 30% YoY.

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Baua Electric

JANUARY 1, 2024

Photo by Mobilus in Mobili on Flickr As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy. At the Kentucky Public Service Commission’s approved rate of 25c/kWh , this represents a 12% or 24% tax.

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Teslarati

MAY 11, 2024

Credit: Tesla The recently launched base-level Model Y Long Range RWD currently starts at $44,990 before federal and local tax credits, while the Long Range AWD and the Performance trims start at $47,990 and $51,490, respectively. Tesla’s Model Y comprised over a third of all Q1 EV sales in the U.S. What are your thoughts?

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Baua Electric

MAY 9, 2024

To a question about Chinese component makers’ aggression and attempts to install more capacities outside China, Sona Comstar MD and Group CEO Vivek Vikram Singh recently said, “I would think North America and India would continue to have local or global competitors, non-China OEMs.

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Baua Electric

APRIL 28, 2024

. “While we saw drops in EV battery shipment in the first quarter caused by customers’ battery inventory adjustment, we expect to see improved market environment backed by launches of new EVs in North America,” SK On Chief Financial Officer Kim Kyunghoon said in a post-earnings conference call.

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The Truth About Cars

APRIL 18, 2024

Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. government believes that they should not be able to enter North America without paying tariffs. Mexico is no stranger to Chinese auto companies, as there are around 20 already selling vehicles in the country.

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EV Life

MAY 19, 2023

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. What are the New Changes to the Federal Tax Credit?

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Baua Electric

JANUARY 1, 2024

Over the last few months, Tesla has released a bunch of new statements about changes to the eligibility of its electric vehicles to the federal tax credit in 2024. We are still calling it a “tax credit”, but it is effectively a point-of-sale incentive starting today. FTC: We use income earning auto affiliate links.

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Baua Electric

MARCH 27, 2024

It’s packed with rebates and tax credits that will help Americans purchase everything from EVs to solar and electrical appliances to heat pumps. Check out this easy-to-use IRA savings calculator from Rewiring America that tells you what you get – and when. We bought a US-made 2023 Volkswagen ID.4 More often than not, I fill them in.

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Baua Electric

APRIL 25, 2024

Lace Woelfer, VP of Honda America National Auto Sales, said the Honda Prologue hits the “sweet spot” as a sporty, stylish electric SUV. FTC: We use income earning auto affiliate links. The post Honda joins EV race with historic $11B investment to build 240K EVs a year appeared first on Bauaelectric Auto News.

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Green Car Congress

SEPTEMBER 15, 2022

At the 2022 Detroit Auto Show, Jepp introduced the new heritage-inspired 2023 Jeep Wrangler Willys 4xe to Wrangler 4xe electrified lineup. 1 4WD low range ratio, heavy-duty Dana 44 axles and a new entry price point to the 2023 model year Wrangler 4xe lineup, which continues to be the best-selling plug-in hybrid in America.

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Baua Electric

JANUARY 17, 2024

Governments in North America and Europe are seriously concerned about China’s growing dominance of the EV industry. However, the world’s #2 and #3 auto markets differ in terms of their response to the threat from #1. The US currently imposes a 27.5

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Baua Electric

FEBRUARY 28, 2024

REE has initiated customer deliveries of the first batch of P7-C demonstration trucks for multiple fleet evaluations in North America via its dealer network. The P7-C qualifies for the IRS Commercial Clean Vehicle Tax Credit , which offers a tax credit of up to $40,000 per vehicle.

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Baua Electric

JANUARY 16, 2024

EV sales growth in North America is expected to slow to about 27% this year from a scorching 72% in 2023, according to market research firm Canalys. After pledging billions of dollars for their EV ambitions in recent years, legacy automakers have pulled back their production plans as demand slows. The value of used EVs has dropped 33.7%

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Baua Electric

APRIL 25, 2024

China’s recent export limits on natural and synthetic graphite and its products and US guidance on the definition of foreign businesses of concern that affect eligibility for the Section 30D tax credit for new EVs highlight the importance of building a supply chain in North America, the company said.

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Baua Electric

JANUARY 1, 2024

The launch of the Tesla Model 3 refresh in North America might finally be close as we learn that the automaker is sneakily testing Fremont-built Model 3 HIghland in the US. But the updated vehicle has yet to make it to North America almost six months later. But there’s still no words on the new Model 3 coming to North America.

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Green Car Congress

JANUARY 5, 2022

The Lightning is drawing interest from customers of competitor brands at a record rate in North America, with more than 75% of reservation holders new to the Ford brand. Production of the 2022 F-150 Lightning pickup will begin this spring at a starting MSRP of $39,9741 before potential federal tax incentives. Earlier post.).

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Baua Electric

FEBRUARY 27, 2024

Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia. Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line. FTC: We use income earning auto affiliate links.

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Baua Electric

FEBRUARY 27, 2024

The state government is providing grants and tax credits for the company’s investments, which are expected to create some 650 jobs. Schaeffler has 15 factories and 5 R&D sites in the Americas region, including manufacturing sites in Ohio, South Carolina, Missouri and Connecticut.

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Electric Auto Association

SEPTEMBER 9, 2022

The Inflation Reduction Act (IRA) is a massive climate, health care, and tax bill with the overarching goal of slowing the rise in consumer prices that have been climbing at the fastest pace in approximately 40 years. has a free trade agreement, or with materials recycled in North America. Most comprehensive climate package in U.S.

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Baua Electric

FEBRUARY 1, 2024

Now, it’s making its way to North America, especially due to the protectionist regulations around the $7,500 federal tax credit for electric vehicles, which requires batteries to be made in North America. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 31, 2024

Photo: Electrify America Volkswagen of America (VW) today announced that its 2023 ID.4 4 will now include Plug&Charge at Electrify America (EA) charging stations. 4 is that owners get three years of unlimited free 30-minute DC fast-charging sessions with Electrify America. Plug&Charge for 2023 VW ID.4s

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Baua Electric

JANUARY 22, 2024

The Biden administration will use a broad legal interpretation to provide tax credits to EV charging projects in a large swath of the country. The Treasury Department on Friday released additional guidance providing more specific information on what projects will qualify for the revived 30C tax credit. population.

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Baua Electric

MARCH 22, 2024

Photo: Enel North America Power-hungry Texas needs solar and battery storage to help meet demand and balance the grid, so its largest utility-scale storage operator is delivering. Enel North America has started constructing the Ables Springs Solar + Storage Project in Kaufman County, near Dallas. Get started here. –ad*

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EV Life

OCTOBER 21, 2023

The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. Two sections of the law, 30D and 45W, detail individual tax credits and commercial tax credits, respectively. However, there’s a catch. Now, you might be thinking, so what?

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Baua Electric

JANUARY 8, 2024

According to Japan’s Nikkei , the Japanese automaker is looking at several sites in Canada, including one near its auto factory in Alliston, Ontario. If all goes according to plan, Honda will produce in-house batteries at the plant, which would be the company’s second EV plant in North America.

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Baua Electric

FEBRUARY 8, 2024

We’re going to see nickel demand double or triple over the next 10 years as we gear up battery production here in North America,” Mark Selby, chief executive of Canada Nickel, told CBC News in an interview. FTC: We use income earning auto affiliate links. To reduce your carbon footprint and live more sustainably, consider going solar.

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Baua Electric

MAY 10, 2024

This large tariff has had the effect of excluding Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. This isn’t the first move that Biden has made to limit the ability of the Chinese auto industry to operate in the US. FTC: We use income earning auto affiliate links.

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The Truth About Cars

JULY 12, 2023

Some European capitals will ban certain types of vehicles, and others have devised taxes and fees to incentivize driving less. One council member said that the new fees would depend on the size and weight of the vehicle, with one bemoaning the rise of “auto-besity,” the alarming upward trend of vehicle sizes in recent years.

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Teslarati

FEBRUARY 2, 2022

“In the auto industry, Detroit is leading the world in electric vehicles. Mary, I remember talking to you way back in January about the need for America to lead in electric vehicles. The Tesla CEO, however, stated that Biden and his team found the idea of a carbon tax “too politically difficult.”

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