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Malaysia wants EVs to be tax-free, duty-free to encourage consumers to buy

Teslarati

Malaysian government officials are petitioning and working toward making electric vehicles exempt from taxes, including import and excise duties, as well as road taxes. According to Paultan , a Malaysian automotive news site, supporting politicians are proposing a 100% exemption from the road tax for EVs.

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BMW i3 Owner Quoted Over $70,000 for New Battery

The Truth About Cars

Last year, the owner of a 2015 BMW i3 REx was reportedly quoted over $71,000 to have a new battery pack installed. According to an invoice from a Seattle-area BMW service center shared on Reddit , the owner was quoted $64,588 for parts last August. Image: BMW] Become a& TTAC& insider.

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Here are all the used EVs that qualify for a $4,000 tax credit

Baua Electric

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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The Best Electric SUVs on the Market

EV Life

The Model Y qualifies for the full $7,500 federal EV tax credit. BMW iX xDrive50 Range: 324 Miles Price: $87,100 With similar practicality and spacious interior as BMW’s popular X5 model, the iX xDrive50 has dual electric motors that provide 516 horsepower and a large battery pack that can hold enough charge to give it 324 miles of range.

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Volkswagen of America to invest $10M in EV charging infrastructure by 2016; calls for more legislative support to spur EV adoption

Green Car Congress

In January, Volkswagen of America and BMW of North America, together with ChargePoint, announced an initiative to create more express charging corridors along heavily-traveled routes on the East and West Coasts; specifically to install nearly 100 DC Fast Chargers across both coasts aiming to have charging sites no more than 50 miles apart.

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The EV Transition Explained: How to Meet Sales Targets?

Cars That Think

Even if California does meet its 2025 mark, more than 400 charging ports would still have to be installed every day to meet the 2030 objective. However, CEC Commissioner Patty Monahan admits the state, with 79,000 EV charging ports installed to date (up from 73,000 from 2021) is unlikely to meet its 2025 target of 250,000 charging ports.

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Hyundai CEO Jose Muñoz says consumers would pay for a richer combine

Baua Electric

How most likely is it that larger rates of interest will construct customers get started delaying car purchases? You have been very visible ultimate past to your grievance of the Inflation Relief Function and the way it enthusiastic who would get federal EV tax credit, as it disrupted Hyundai’s EV industry plans. battery plant.

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