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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

Fisker is scrapping plans for direct sales to customers. The startup is now turning to auto dealerships for sales and services. He plans to attend the National Automobile Dealers Association convention and make a pitch to the auto dealers. I think we just went that route because everyone does when you are a startup.

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Tesla price cut: Model Y undercuts Model 3 by $5,000 with tax credit

Baua Electric

Both are eligible for the $7,500 EV tax credit, cutting the effective price for many households to just $37,130 and $42,130 respectively. The Model 3 also doesn’t qualify for the EV tax credit. In addition, the base Model Y RWD now undercuts the base Model 3 by $5,000 for the tax-credit-eligible.

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Costco members can save $1,000 on a new 2024 Cadillac LYRIQ for a limited time

Baua Electric

The auto program of the famed wholesaler is offering discounts on select Cadillac models , including $1,000 off a 2024 LYRIQ… but only for a limited time. Despite such grand plans, the LYRIQ remains the only Cadillac EV for sale and has found early success. FTC: We use income earning auto affiliate links.

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REE electric truck gets US nod for by-wire steering, braking, driving

Baua Electric

Israeli startup REE Automotive on Thursday announced that its P7-C electric chassis-cab truck is the first vehicle with entirely by-wire controls to be certified for sale in the U.S. The post REE electric truck gets US nod for by-wire steering, braking, driving appeared first on Bauaelectric Auto News.

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GM solves software problems, puts Chevy Blazer EV back on the market – Charged EVs

Baua Electric

They were not related to GM’s decision to stop using Apple CarPlay and Android Auto. Once the bugs were squashed, GM did a heroic amount of real-world testing before putting the Blazer EV back on sale. These are now ready for sale, and to get them moving, Chevy has slashed prices by $5,600-$6,500, depending on the trim level.

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Report: Feds to formalize foreign entity rules for EV tax credit

Baua Electric

Treasury Department could issue clarifications on federal EV tax-credit eligibility rules as early as Friday, reports Transport Topics. does not have friendly trade relations with would not qualify for a $7,500 federal tax credit. But these could still limit the number of vehicles that qualify for the federal tax credit.

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US updates EV tax credit rules, enabling more electric cars to be eligible

Baua Electric

Department of the Treasury and Internal Revenue Service (IRS) updated the EV tax credit rules today with new requirements that should enable more electric cars to become eligible. Currently, only 22 out of the 104 electric vehicles for sale in the US are eligible to the tax credit. Today, the U.S.