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The Nissan Leaf is Eligible for a $3,750 Tax Credit Again

The Truth About Cars

The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. With the credit, the Leaf starts in the mid-$25,000 range, extending its lead as the cheapest EV on sale. has a free-trade agreement.

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Dealers Finally Have EV Inventory But Now Lack Buyers

The Truth About Cars

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.

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Tesla led the EV market closer to ICE price parity in 2023: Cox

Teslarati

This figure was not far from the $48,759 considered to be the average price of an ICE vehicle in the same month Following Tesla’s lead, the rest of the auto industry saw an average EV sticker price of $50,798, showing a similar downward trend throughout the year. Cox plans to release a more in-depth EV report later this week.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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EV startups collaborated with Foxconn to boost up manufacturing. The wait continues.

Baua Electric

A February 2021 information leave famous the “projected start of production” for the Fisker Pear within the fourth quarter of 2023 and described Foxconn’s “exceptional vertically integrated global supply chain and the best supply chain management team in our industry.” The wait continues.

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Stellantis stops building of Canada EV battery module plant over federal price range

Baua Electric

‘WE CONTINUE TO NEGOTIATE’ A spokesperson for Champagne stated Friday the “auto industry is crucial to the Canadian economy and to the hundreds of thousands of Canadian workers.” ” “We proceed to barter in excellent religion with our companions. The government has dedicated to lend as much as C$13.2

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Stellantis, LG Power enforcing ‘contingency plans’ for EV battery plant in Canada

Baua Electric

billion) from LG Power and undercover contributions from federal and provincial governments, as the biggest ever within the Canadian auto sector. A spokesperson for Champagne stated on Friday that the “auto industry is crucial to the Canadian economy and to the hundreds of thousands of Canadian workers.” billion ($1.1

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