Electric Vehicles India

MAY 31, 2021

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power. There will be exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power.

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Baua Electric

MARCH 11, 2024

Hyundai’s first three-row electric SUV was spotted testing, revealing its large body and sleek design. Hyundai is already making its presence known in the global EV market with its current IONIQ 5 and IONIQ 6. The IONIQ 5 is already a top seller in several markets, including the US. The platform enables the EV9’s 42.8″

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Hyundai SUV Kia Escalade 52

Baua Electric

MARCH 4, 2024

The first three-row electric SUV from Hyundai will be named the IONIQ 9. Hyundai plans to change the name of the electric SUV from IONIQ 7 to IONIQ 9 as it looks to build off Kia’s success with the EV9. of the market. The brand is expected to reveal its first three-row electric SUV this June.

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Hyundai SUV Kia Land Rover 52

Teslarati

JULY 11, 2023

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. For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. Electric cars currently account for about 6.5% of the country’s automotive sector.

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Tax Credit Hummer Highlander Tesla 145

Teslarati

OCTOBER 6, 2023

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. The EV9 will be the first vehicle Kia assembles in North America, making it eligible for the Inflation Reduction Act’s tax incentives. A complimentary three-year Kia Maintenance Plan.

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EV Life

APRIL 7, 2023

That’s why it’s no surprise that the high sticker price of many electric vehicles, particularly Tesla models, has long been one of the main deterrents for people looking to buy a new car, truck, or SUV. Any unused funds are not available as a refund or to be used on the following year’s taxes. Not anymore.

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Tax Credit Tax Tesla Purchase 52

Baua Electric

JUNE 3, 2024

If you’re seeing more electric Hyundai SUVs out and about, it’s not just you. Although the battery unit will open about a year later, Hyundai expects the IONIQ 5 to become eligible for the $7,500 tax credit. What will happen when US production begins, and Hyundai’s EVs gain access to the $7,500 federal tax credit?

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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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The Truth About Cars

JUNE 3, 2024

But they’re also trying to circumvent emissions regulations and noticed that building increasingly large SUVs and pickups (at the expense of everything else) allowed them to simultaneously do both. Automakers want to maximize their per-vehicle profits to help offset declining annual vehicle sales.

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Auto Dealers Tax Fuel Tax 59

Baua Electric

FEBRUARY 29, 2024

After launching in 2010 as the first mass-market EV, the LEAF began production at its Sunderland facility three years later. A Nissan spokesperson said “After 13 years of great success, the current generation of Nissan Leaf, the world’s first mass-market 100% electric vehicle, is approaching the end of its life cycle in Europe.”

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Green Car Congress

FEBRUARY 3, 2015

However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year. China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. —Nigel Griffiths, chief automotive economist, IHS Automotive.

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2015 Light Market Global 150

Baua Electric

FEBRUARY 1, 2024

Kia’s new three-row electric SUV is gaining momentum in the US. A big reason behind Kia’s success is the launch of its first three-row electric SUV, the EV9. Kia’s electric SUV even outsold Toyota’s sole EV, the bZ4X, in its first sales month. Kia’s electric SUV comes in five trims. long but is about the same height.

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Kia Sale Tax Credit Land Rover 52

Baua Electric

FEBRUARY 4, 2024

EV sales are still booming in California—and they continued to capture an even larger piece of the market in 2023. Although there was a slight downturn in the market share of EVs toward the end of 2023, EVs finished the year up 5% in market share in the Golden State versus 2022. of the market. for the U.S. as a whole.

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California Toyota Dealers Tax Credit 52

Blink Charging

JANUARY 19, 2024

automotive market. 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.

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Tax Credit Tax North America Clean 94

Baua Electric

APRIL 25, 2024

Hyundai’s EV sales share fell in all major markets in the first three months of 2024 compared to last year, including Korea (4.4% The automaker believes electric models, like the IONIQ 5 and IONIQ 6, will qualify for the federal EV tax credit, which should help boost demand. vs. 9%), the US (5.5% vs. 6.6%), and Europe (10.7%

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Hyundai Hybrid Tax Credit Sale 52

Baua Electric

MAY 17, 2024

Among the considerations were a 2+2 coupe, convertible, and two- and four-door SUVs. With the $7,500 EV tax credit included, prices could fall to as low as $27,500. If you’re in the market for a new EV, Chevy is offering massive savings on its new Blazer, Equinox, and Silverado EVs as they hit the market.

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Affordable GM Silverado Tax Credit 52

Baua Electric

JANUARY 12, 2024

It’s essentially like receiving the full EV tax credit with a new purchase. The cash offer could bring the IONIQ 6’s MSRP of $38,615 down to just over $30,000 ($31,115) as one of the most affordable EVs on the market. Like the IONIQ 6, Tesla’s Model 3 is no longer eligible for the IRA tax credit.

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Hyundai Tax Credit Tesla Kia 52

EV Adoption

JANUARY 22, 2022

I say apparently as a PR person with Stellantis, the parent company of Jeep, stated the following to me in a January 18 email: I can tell you that it is true, we were the best selling plug-in hybrid SUV last year in the US. Rick Deneau, Stellantis.

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Jeep PHEV Tax Credit Sale 98

EV Adoption

OCTOBER 29, 2022

The actual transaction price that consumers are paying for electric vehicles is of course much higher when delivery charges, sales tax, fees, options, and upgrades including everything from paint color and wheel options to driver assist systems are added to the base MSRP. DMAs of $5,000 to $7,500 are relatively common among luxury EVs.

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Baua Electric

JANUARY 17, 2024

Hyundai Kona Electric gets sporty N-Line facelift The new N Line electric SUV is “set to redefine electric vehicle style,” according to Hyundai. The US is Hyundai’s largest market for passenger vehicles, and the brand is already outpacing many rivals as the demand for EVs picks up. The system includes dual 12.3″

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Hyundai Design Tax Credit Electric 95

EV Central

FEBRUARY 12, 2024

It was a Mazda dealer that allowed Peter Dutton to wander around this week, rubbishing Labor’s plans to save everyone money on their fuel bills while saving the environment at least a tiny bit, and to drop his factless truth bombs about how good we are already and how much it’s all going to drive up the prices of our beloved utes.

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Toyota Standards Australia Buy 124

Clean Fleet Report

MAY 12, 2023

In a short five years VinFast has gone from an idea to entering the North American market with the first-ever cars built in Vietnam by a Vietnamese company. VinFast invited Canadian and American automotive journalists to California to drive the 2023 VF 8, an all-electric midsize two-row SUV.

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San Diego Vietnam SUV North Carolina 96

Clean Fleet Report

MARCH 2, 2023

The gasoline-powered GV70 is the best-selling Genesis model, so the addition of an all-electric version of this popular SUV will find a place in many garages as GV70 owners make the transition to electric propulsion. market is really important to us, and we are making massive investments in this country.

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Clean Fleet Report

MAY 2, 2024

The Fastest Acura SUV Ever Built The all-new 2024 ZDX is the first electric Acura and, as Quincy Tam, Acura product planner, says, it is “for their customers that are ready to take that next step into electrification.” The 2024 ZDX A-Spec and ZDX Type S are on-sale now at Acura dealers in all 50 states. Go check it out!

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Acura All-Electric SUV Miles 85

Drive Electric

JANUARY 6, 2021

We use our own model built from intelligence of the UK market to forecast registrations of battery electric cars and vans. Financial incentives for battery electric vehicles will remain, including a rate of just 1% Benefit in Kind (BIK) company car tax from April 2021 for a period of 12 months.

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Green Car Congress

AUGUST 7, 2009

The first character of the scenario represents the price of gasoline at simulation termination, the second represents “yes” or “no” on a manufacturer subsidy, and the third represents “yes” or “no”on a sales tax exemption. The introduction and penetration of vans and SUVs into the US marketplace. Source: Sullivan et al.

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PHEV Fleet 2020 Tax Credit 186

Cars That Think

MARCH 12, 2023

percent of the United States market in 2022 , according to J.D. Power, and could approach 11 percent of the global market this year. But experts still believe that better batteries, and many more of them, are a key to EVs reaching a market tipping point, even as Reuters projects automakers spending a whopping $1.2

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Batteries Battery Supplies GM 97

Green Car Congress

JANUARY 22, 2011

The vehicle categories seeing the most significant response increases in the 2011 survey compared with 2010 were SUVs, luxury vehicles, large pick-up trucks, and cross-overs. With regard to investment in global growth markets, respondents predict increased investment in China (58%), India (50%), Brazil (41%) and Russia (33%).

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Global Auto Fuel 2010 218

Electric Auto Association

APRIL 1, 2021

Sinclair believes that the longer range of the Tesla and other vehicles now on the market will draw more women toward EVs. Many EVs are made for the luxury market, which is more traditionally men.” And the marketing needs to focus on, and attract, women. The used EV market is something that needs more awareness,” Sinclair added.

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San Francisco Minivan Purchase Gas-Electric 94

My Energi

NOVEMBER 16, 2022

While data points to continued sector growth, wider market pressures are seemingly slowing the transition. The answer to both is pretty simple – look to the used market. What used market? Many motorists are still put off the used market by misinformation, even though the choice is there. Rising electricity bills.

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Cheap Financing Price Buy 133

Baua Electric

JANUARY 3, 2024

2023 Chevy Bolt EUV (Source: Chevrolet) GM has released its Q4 sales numbers , showing Ultium still ramping steadily, but overall EV sales are down as its best-selling model, the Bolt, winds down as Chevy takes it off the market in its best year of sales ever – leaving GM with only 3.1% EV share, well below the US average.

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GM Sale Hummer Silverado 52

My Energi

NOVEMBER 10, 2023

According to the results of a new YouGov survey commissioned by the National Franchised Dealers Association (NFDA), consumer acceptance of electric vehicles (EVs) continues to grow. To date this year, more than 260,000 BEVs alone have driven off dealer forecourts, with the Tesla Model Y now the fifth most popular new car in the UK.

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Baua Electric

JANUARY 19, 2024

2024 Cadillac Lyriq Sport trim (Source: Cadillac) General Motors says it is responding to a strong demand for luxury EVs by ramping up production of its Cadillac all-electric Lyriq SUV this year. Back in 2020, about 20% of Cadillac’s US dealers, some 170 to 180 dealers, took buyouts from GM rather than invest, sell, and service EVs.

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EV Life

JANUARY 4, 2024

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Tax Credit Tax Personal F-150 52

Clean Fleet Report

APRIL 25, 2022

Subaru’s All-New, All-Electric Compact SUV. The all-new, all-electric 2023 Solterra compact SUV is a major step for Subaru, one that will be a welcome addition for its loyal owners. For even more peace of mind, on those occasion where a long road trip is planned, there are 10 free days of a Subaru gasoline-powered car or SUV.

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EV Adoption

MARCH 19, 2021

And if you subtract the $7,500 federal EV tax credit available for the ID.4, Following are a few steps legacy automakers and dealers (that are actually trying to sell EVs) need to do to help counter the Tesla narrative that has created various expectations by consumers when considering an EV. But the ID.4

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Tesla Dealers Miles Range 52

Clean Fleet Report

MAY 29, 2022

That, of course, didn’t stop the curiosity, but since I don’t sell cars and only review them, I told the inquisitors where the closest Polestar dealer is located and off I would go. Federal and state tax credits could reduce the price you pay. Even less if your state also offers a tax credit. Good enough? Not nearly.

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Motor Motors Motoring Tax Credit 84