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Some GM, Ford Models Will Lose EV Incentives While Some Buick And Ford Dealers Refuse To Sell Electric Cars

CleanTechnica EVs

Tax credits for electric cars are changing on January 1, 2024 and there will be winners and losers as manufacturers scramble to adjust. The post Some GM, Ford Models Will Lose EV Incentives While Some Buick And Ford Dealers Refuse To Sell Electric Cars appeared first on CleanTechnica.

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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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Ford Scales Back Michigan Battery Plant Investments

The Truth About Cars

Ford has said it will restart construction on the electric vehicle battery facility it’s building in Marshall, Michigan, after pausing work when the UAW strike kicked off a couple months ago. From Ford: While we remain bullish on our long-term strategy for electric vehicles, we are re-timing and resizing some investments.

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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. Electric cars currently account for about 6.5% For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars.

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Road Trip: 2023 Ford Mustang Mach-E Premium Extended Range

Clean Fleet Report

Road Trip: 2023 Ford Mustang Mach-E Premium Extended Range Making the Case To Be Your Only Car Clean Fleet Report recently ventured on a 1,796-mile, four-state road trip in an all-electric 2023 Ford Mustang Mach-E Premium AWD Extended. Big screen and good connections The horizontal 10.2-inch

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Hyundai fast-tracks start of EV production in the US as it gains recognition with its own day

Baua Electric

The automaker now expects to begin building electric cars in the US in the fourth quarter of 2024, with the grand opening in the first quarter of next year. Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line.

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Hyundai sold nearly 269,000 electric vehicles last year as IONIQ 5 and 6 spark growth

Baua Electric

Hyundai expects to sell around 300,000 electric cars in 2024, or about 12% growth from last year. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. 2024 Hyundai Kona EV (Source: Hyundai) Hyundai also introduced the redesigned Kona Electric this year.

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