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

EV Life

These additional requirements are meant to encourage the auto industry to rely less on foreign countries like China and more on domestic sources for these components, promoting local manufacturing and supply chain security. In addition, battery sourcing requirements can also affect a vehicle’s eligibility.

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Volvo joins Tesla in halting EV production due to Red Sea attacks

Baua Electric

Volvo has joined Tesla in stopping its EV production in Europe due to the threat of violence from Iran-backed Houthi fighters attacking commercial ships traveling in the Red Sea. If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels. FTC: We use income earning auto affiliate links.

Volvo 52