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Proposed 30% US tax credit for e-bike purchases gains support in Congress

Electrek

Americans are getting closer to a federal tax credit for electric bicycles, a proposal that could be similar in concept to the electric car and motorcycle tax incentives already on the books.

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Tesla brand consideration drops by 3% in Q4, but it doesn’t mean much

Teslarati

New data from Kelley Blue Book shows consideration for Tesla vehicles dropped from 12 to 9 percent in Q4 compared to Q3, but it doesn’t mean all that much, considering the company is selling cars well beyond its manufacturing capabilities. However, Tesla still maintains a sizeable lead in charging infrastructure and EV software.

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Cost Parity?: Two Dozen EVs “Available” in the US Start At Less Than $45,000

EV Adoption

Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates.

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Tesla is the most preferable brand for prospective EV buyers

Teslarati

According to Kelley Blue Book , 25% of new car buyers considered an EV in January, February, and March 2022. Several factors have driven new-car buyers toward electrified vehicles, one of which is the rise in gas prices. Toyota will join Tesla, GM in losing EV tax credit after it reaches sales cap.

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PHEVs Are A Great Solution For Many — But PHEV Incentives Need Fixing

EV Adoption

The transition to 99% (I say 99% as there will always antique and collector ICE cars in operation) zero tailpipe emission vehicles in operation is going to take until at least 2050. Instead, the tax credit should have a minimum range requirement of 30 EPA miles. California Clean Vehicle Rebate program.

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Ford Mustang Mach-E captures KBB’s EV Best Buy of 2022

Teslarati

Ford has captured a tremendous accolade with the Mustang Mach-E after Kelley Blue Book announced that the all-electric crossover is the Electric Vehicle Best Buy for 2022. ” (Credit: Ford). The Ford EV SUV is eligible for the maximum $7,500 federal EV tax credit, plus any other state and local incentives in your area.

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Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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