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VinFast Went Public and Quickly Exceeded Legacy Automakers' Valuations

The Truth About Cars

That rise in valuation makes VinFast more valuable than several legacy automakers, including Ford and BMW. The company invited journalists to Vietnam to drive its new electric SUV, the VF8, only to be met with reviews ranging from “send it back” to “not ready for sale.” in trading yesterday.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

At last check, we had 15 new EV models for sale that were not available a year earlier. Better choices and more options are helping push prices lower and drive higher sales.” This helped to cancel out increases from BMW (4.4%), Daimler (11.5%), Ford (4.9%), GM (1%), Hyundai (2.8%), Stellantis (5.6%) and Volkswagen (4%).

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Used Tesla prices remain inflated despite price cut

Teslarati

percent during the tracked timeframe, the average used Tesla Model 3 still sold for $42,633, which is too expensive to qualify for the used EV tax incentive. More anecdotally, looking at used Teslas for sale near me on Facebook Marketplace and Craigslist yielded only slightly better findings. Despite its price falling 5.2

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Mini E Makes LA Debut

Revenge of the Electric Car

BMW’s just held an event for the lessees of their Mini E at the Science Center, next to the University of Southern California, a really stellar venue when you consider the product they were showing. I heard today that they expect to have 5,000 Nissan EVs for sale by the end of 2010.

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Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

One of the proposed changes to the federal EV tax credit that has flown a bit under the radar is also one of the most political and protectionist in nature. Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit).

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2030: 20 Million More ICE Vehicles Will Be on the Roads in the US Than in 2021

EV Adoption

And while many of the legacy automakers – along with several states – have announced plans or “aspirations” to end production of ICE vehicles or ban their sale completely, the reality is we may not see a federal ban of ICE sales ever – or perhaps not before 2040.

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News: 2023 Fisker Ocean Introduced

Clean Fleet Report

Company CEO and founder Henrik Fisker has had a hand in designing the BMW Z8, the Aston Martin DB9 and the V8 Vantage, and the Fisker Karma. Expect in the next few years to see at least 50 new models being released for sale. The usual smooth EV front. Ocean Design. To no one’s surprise, the Ocean looks great.

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