article thumbnail

Ansys releases pre-lockdown global survey on vehicle electrification

Green Car Congress

Nearly one-third of those surveyed already own an EV or plan to buy one within five years. Conversely, 39% of respondents would only buy an EV if gasoline-powered vehicles were no longer available. Americans cite too few charging points and too high upfront cost as the leading barriers to buying an electric vehicle.

article thumbnail

Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

Honda Space-Hub Concept – 2024 CES Honda may be a late-starter with mass-production EVs, but as communicated last week with the Saloon and Space-Hub concepts and by company executives, it has big plans for later in the decade—including multiple platforms underpinning a unified Series 0 architecture. sales in calendar year 2023.

article thumbnail

2018 Honda Clarity Electric hits dealerships in California and Oregon with $199 lease deal

Green Car Reports

The 2018 Honda Clarity Electric car rolled into California and Oregon dealerships this week, but nobody can buy it. That figure reflects the $7,500 federal tax credit, which Honda finance will keep as part of the capitalized cost reduction of the lease.

Oregon 99
article thumbnail

Honda, Acura neatly situated in 2023, says American Honda’s Mamadou Diallo

Baua Electric

And the way would Honda reply to worse financial occasions in the event that they got here within the later a number of months? We’ve had good fortune with our stock and warehouse systems at the Acura aspect, which we will be able to roll onto the Honda emblem. Is Honda nonetheless headed in that course?

Acura 52
article thumbnail

How Can China Boost Hybrid Sales? Guangzhou City Offers Cash

Green Car Reports

Several years ago, you could get a Federal tax credit for buying a hybrid-electric vehicle. Several manufacturers--Toyota, Honda, and Ford among them--reached their cap of 60,000 hybrids sold, and now hybrids represent 2 to 3 percent of the U.S. That program has ended. market without Federal incentives.

article thumbnail

Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

EV Adoption

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

article thumbnail

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.