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Lunaz to begin production of electric classic Range Rovers; prices begin at £245,000 excluding local taxes

Green Car Congress

The company, based in Silverstone, England will create an initial run of 50 of the luxury SUVs built in the ‘classic era’ between 1970 and 1994. Prices for classic electric Range Rovers by Lunaz start at £245,000 (US$329,000) excluding local taxes. The first electric roofless SUV has already been allocated to a European customer.

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Fisker introduces Alaska pickup truck, Ocean with Force E off-road package; 11 Ocean deliveries in Q2

Green Car Congress

In addition to the 1,000-plus-horsepower Fisker Ronin grand-touring four-door convertible ( earlier post ) and the Fisker PEAR sustainable city EV ( earlier post ), Chairman and CEO Henrik presided over reveals of the Fisker Ocean SUV with a Force-E offroad package and the Fisker Alaska all-electric pickup truck.

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DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Funded at $2.3 Funded at $2.3 Lead organization. Description.

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Audi presents latest SQ5 TDI diesel; 48V MHEV & electric compressor

Green Car Congress

The 48-volt mild hybrid system (MHEV) integrates a belt alternator starter (BAS), a lithium-ion battery that provides buffer storage, and a 48/12-volt voltage converter. The sport SUV can coast for up to 40 seconds with the engine switched off, after which time the powerful BAS conveniently restarts the engine.

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Honda looks to build a $14 billion EV and battery plant in Canada

Baua Electric

After calling off beats with GM to “beat out Tesla” with a cheap SUV, it has now emerged with news that it is mulling over a $14 billion EV and battery plant in Canada. Of course, batteries coming from Canada with materials found in Canada will also help vehicles qualify for the US’s federal EV tax incentives.

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Ford Investing $550M to Retool SUV Plant to Produce Focus Small Car and EV

Green Car Congress

The plant, formerly the Michigan Truck Plant and the production site for Ford Expedition and Lincoln Navigators SUVs, is one of three North American light truck plants Ford is retooling to build fuel-efficient global small cars in the coming years. Local property tax incentives for new investments at the site. Earlier post.)

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Fisker finesses the Inflation Reduction Act tax credit changes with binding sales contract; “Transition Rule”

Green Car Congress

The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. At that time, this order process will close.