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BMW EV sales skyrocket in 2022, spur further growth in 2023

Teslarati

According to BMW 2022 sales data, the premium German automaker more than doubled its EV sales during the year compared to 2021. BMW has received significant criticism for falling behind in the electrification of its lineup, and its German stock offering has suffered the consequences. to 215,775 units globally.

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BMW is Willing to Pay to Attract Customers from Other EV Brands

The Truth About Cars

BMW is hoping to take some of the shine off of Tesla’s crown with a new incentive that gives buyers a $1,000 discount to buy one of its new EVs. Cars Direct reported that the BMW 2024 BEV Conquest Program includes several other brands, including Audi, Mercedes-Benz, Polestar, Porsche, Rivian, and Lucid. Ford Mustang Mach-E and VW ID.4

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BMW CEO urging tax subsidies for electric vehicles in Germany to bolster sales

Green Car Congress

BMW CEO Norbert Reithofer is calling for tax subsidies in Germany to help meet the federal government’s target of having 1 million electric cars on the road in eight years. for example, the tax law.”.In BMW will expand its range of hybrid cars and start at the end of 2013 with mass production of electric BMW i3.

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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BMW i3 REx Range-Extended Electric: No NJ Sales-Tax Exemption, Costing Owners Extra $3,000-Plus

Green Car Reports

Electric cars enjoy many incentives, from tax credits and purchase rebates through carpool-lane access, to encourage buyers to give them a try.

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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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DOE publishes list of EVs eligible for new tax credit

Teslarati

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Under the new law, the manufacturer’s sales cap is lifted. BMW 3-series Plug-In. BMW 3-series Plug-In. Chrysler Pacifica PHEV. Ford Escape PHEV. Rivian EDV.