CN EV Post
APRIL 3, 2023
Wang Chuanfu, chairman and president of BYD (OTCMKTS: BYDDY), suggested in an April 1 speech at the China EV 100 Forum that China should extend the NEV purchase tax exemption to 2025, hoping the move would be fast-tracked to stabilize expectations, according to a video replay seen by CnEVPost.
The Truth About Cars
JANUARY 23, 2024
Factors such as political polarization and shifts in tax credits could influence this figure. One significant confirmation is BYD surpassing Tesla as the top producer of battery-electric vehicles. This article was co-written using AI and was then heavily edited and optimized by our editorial team. million EV sales.
Baua Electric
JANUARY 31, 2024
This year, Tesla’s cheapest cars, the Model 3 compact sedan, lost tax credits for the purchase of EVs under the Inflation Reduction Act. China currently houses the largest manufacturers of LFP batteries, including BYD and CATL, which supply Tesla.
Baua Electric
FEBRUARY 7, 2024
on month, the worst performances for January since the 2000s, according to the China Passenger Car Association (CPCA), as subsidies and tax cuts ended. Tesla’s biggest Chinese rival BYD saw NEV sales at 201,493 in January, the lowest since March 2023. Last January, passenger vehicle sales in China plunged 37.9%
EV Central
JUNE 30, 2023
I know we’re all rushing to order our own BYD Atto3, Tesla Model 3 and Model Y, Kia EV6 or Hyundai Ioniq 5. And, on the whole, that’s great news for the electric vehicle industry, and the planet. But the worst thing about owning an electric vehicle in Australia isn’t getting any better. In fact, it’s getting worse.
EV Adoption
AUGUST 23, 2021
One of the proposed changes to the federal EV tax credit that has flown a bit under the radar is also one of the most political and protectionist in nature. Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit).
EV Adoption
NOVEMBER 29, 2021
In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). In this brief article I will share the 3 scenarios that lead to an EV being completely disqualified from any available tax credit amount.
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