article thumbnail

Tesla Sets the Charge: Universal EV Standards in the Making

The Truth About Cars

Broad Adoption of Tesla's NACS by Automakers Audi, BMW, and Subsidiaries: Starting in 2025, Audi, BMW, and their subsidiaries, including Mini and Rolls-Royce, will adopt NACS in North America. This change is poised to enhance the attractiveness of EVs and could influence consumer purchase decisions.

article thumbnail

Nobody Knows if the BMW M5 Touring is Coming to America

The Truth About Cars

Despite having been quoted as confirming the BMW M5 Touring for North America, Domagoj Dukec has just recanted. For those wondering what happened, The Car Guide had reported Dukec as confirming the M5 Touring as bound for America during a Portuguese test drive of the redesigned 2024 BMW X2.

BMW 101
article thumbnail

EV charging is changing, Part 4: Behind the scenes as seven automakers counter Tesla’s Superchargers

Charged EVs

Both the National Electric Vehicle Initiative (NEVI) within the 2021 Infrastructure Bill and EV charging allocations within the 2022 Inflation Reduction Act provide funds for the manufacture, purchase and/or installation of EV charging stations. Rumor has it that Volkswagen of North America was not invited to join.

Parts 121
article thumbnail

Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

Alternatively, the batteries can be produced from materials recycled in North America. The other $3,750 stems from whether or not at least half the value of the EV's battery components were made (or assembled) inside North America. or in a country where the U.S. has a free-trade agreement.

article thumbnail

Tesla’s massive deal with Hertz will not take effect in Sweden

Teslarati

On Monday, it was announced that Hertz, a rental car agency, would purchase 100,000 Model 3 sedans from Tesla. According to EU-EVs.com , Polestar is the seventh most popular EV brand in Sweden, trailing Volkswagen, Tesla, Kia, MG, Audi, and Skoda. A deal with $4.3 However, the numbers tell a different story. 3, and the Skoda Enyaq.

Sweden 104
article thumbnail

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Broadly, Navigant expects expansion in both the higher end of the market (thereby putting competitive pressure on Tesla Motors), as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce their first plug-in cars. First, there are more products available for purchase with new entrants ready to boost the market profile.

2014 346
article thumbnail

81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

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. Applicants can receive a non-refundable tax credit of up to $7,500 on the purchase of any of the eligible vehicles listed under the IRA. Critical minerals. Battery components.