Cars Dealers North America Tax 
Teslarati
OCTOBER 6, 2023
Kia EV9 reservation will start this month in North America. The South Korean automaker recently announced that North American customers may start reserving the three-row EV9 SUV on October 16, 2023, at 10 a.m. According to the Asian car manufacturer, the 2024 Kia EV9 will start at $54,900.
Teslarati
JANUARY 11, 2024
“I went to my accounting department and asked what is the cost of selling a car? We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup. Fisker wants auto dealers to sell the company’s all-electric Ocean crossover.
Teslarati
NOVEMBER 29, 2023
The reprieve would concern the eligibility of electric vehicles for the IRA’s tax incentives. One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. The Biden Administration is considering a reprieve from the Treasury’s requirements.
Green Car Congress
MAY 25, 2018
A new study by a team from Aarhus University in Denmark has found that car dealerships pose a significant barrier to electric vehicle adoption at the point of sale due to a perceived lack of business case viability in relation to gasoline and diesel vehicles. Only three North America-focused studies exist as of 2017.
EV Life
OCTOBER 7, 2023
The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.
Blink Charging
JANUARY 19, 2024
Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.
The Truth About Cars
JUNE 30, 2023
Canadian dealers of Mercedes-Benz vehicles are reporting that the automaker is considering revising its strategy for North America. The dealers attended a market-wide retailers meeting in Vancouver held in May and noted that the automaker was fretting about consumer hesitancy over expensive electric vehicles.
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