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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. Electric cars currently account for about 6.5% For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. of the country’s automotive sector.

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EV News: Always an adventure

Electric Auto Association

McMurtry Spiraling Electric Fan Car. EV racing Festival of Speed UK event shows EVs could soon dominate auto racing. GM EV Hummers on assembly line. EV Policy CEOs answer call CEOs from several automakers including Ford and GM are urging Congress to lift the EV tax credit cap. Buick Wildcat concept.

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Toyota 3-row EVs, Tesla price cuts, electric G-wagen, airless tires: The Week in Reverse

Baua Electric

This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 26, 2024. The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made last weekend. vehicle share, and about 20% of all cars sold globally.

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GM Q4 sales: Ultium grows, Bolt ends best year ever as GM has 3.1% EV share

Baua Electric

Both Lyriq and Hummer EV sales grew, and Blazer and Silverado EV finally saw deliveries of cars to the public, though still in small numbers. FTC: We use income earning auto affiliate links. EV share appeared first on Bauaelectric Auto News. 3% is pathetic. At least be average , GM.

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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

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). But all of these PHEVs have batteries of around 9 kWh and so they could easily be upgraded to 10 kWh to qualify for the tax credit.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

On January 28 GM announced that it plans (aspires) to exclusively offer electric vehicles by 2035, ending production of its cars, trucks and SUVs with diesel- and gasoline-powered engines. What would be the mix of commercial trucks versus light passenger cars and trucks? GM Stock Chart: Yahoo Finance.

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The Hottest EVs Coming Out in 2023-2024 and How to Save Big on Them

EV Life

The age of the electric car has arrived. While they still make up a relatively small portion of vehicles on the road today, electric cars continue to gain popularity, and more and more automakers are expanding their EV offerings. Every one of them qualifies for the federal EV tax credit outlined in the Inflation Reduction Act of 2022.

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