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Ram hydrogen fuel-cell truck, BMW EV batteries, rural charging: Today’s Car News

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BMW has started building a battery plant in Mexico that will provide more energy-dense cylindrical cells for longer range and faster charging in next-generation Neue Klasse EVs. If Inflation Reduction Act rules remain, the products might eventually qualify for the EV tax credit. This and more, here at Green Car Reports.

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After chiding Ford for US CATL battery plan, GM may be seeking its own

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or Mexico, along with a GM license agreement for CATL’s LFP battery tech. The post After chiding Ford for US CATL battery plan, GM may be seeking its own appeared first on Bauaelectric Auto News. GM already works closely with CATL, but that relationship is limited to the China market.

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GM cuts 2024 Chevy Blazer EV price by thousands, resumes sales

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The Blazer EV is also now fully eligible for the $7,500 EV tax credit. 2024 Chevrolet Blazer EV LT Honda on Thursday also confirmed that the 2024 Prologue EV qualifies for the full $7,500 credit. The Blazer EV and Prologue are both built by General Motors at GM’s Ramos Arizpe assembly plant in Mexico.

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If $50,000 EVs still lose $6,000, when will EVs become profitable?

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BCG estimates that most automakers lose around $6,000 on each EV they effectively sell for $50,000, that price accounting for any tax credits or other incentives the customer might be eligible for. appeared first on Bauaelectric Auto News. market if heavily-subsidized Chinese EVs ever break through here. automakers.

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Tesla led in 2023 global EV sales, but BYD outsold it in Q4

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but its Model 3-rivalling Seal just arrived in Mexico. 7,500 EV tax credit on some of its models, potentially affecting sales in this market. The post Tesla led in 2023 global EV sales, but BYD outsold it in Q4 appeared first on Bauaelectric Auto News. Meanwhile, Tesla is losing the U.S.

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The US and EU take different approaches to the threat of Chinese EV imports – Charged EVs

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However, the world’s #2 and #3 auto markets differ in terms of their response to the threat from #1. percent tariff for all Chinese-made cars, and the Inflation Reduction Act creates an additional barrier with its stipulation that only EVs made in North America qualify for tax credits. The US currently imposes a 27.5

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GM in talks with CATL to license cheaper LFP EV battery tech and joint North American plant

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Details are scarce, but the plant will likely be in the US or Mexico. Both automakers look to sidestep federal regulations requiring EV batteries to be produced in North America to qualify for a tax credit. FTC: We use income earning auto affiliate links. It will be similar to the agreement between CATL and rival Ford.

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