article thumbnail

Nevada the site for the Tesla Gigafactory pending legislative approval of incentive package estimated at up to $1.25B over 20 years

Green Car Congress

On Thursday, Nevada Governor Brian Sandoval and Elon Musk, Chairman and CEO of Tesla Motors, confirmed what had been widely leaked the day before: that Nevada and Tesla had reached an agreement—subject to legislative review and approval—that will result in the state being the site for the Tesla Gigafactory. Earlier post.)

Nevada 252
article thumbnail

Ford Launches Dealer Sustainability Program In Partnership with RMI

Green Car Congress

Ford Motor Company is launching a voluntary sustainability initiative for Ford and Lincoln Mercury dealers—the Go Green Dealership Sustainability Program—to reduce their carbon footprint and improve the energy-efficiency of their dealerships.

Dealers 257
article thumbnail

Nine EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, more

Baua Electric

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. For whatever reason, all EVs get the full $7500 applied to leases, however.

Hyundai 52
article thumbnail

Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning. ” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits.

Ford 98
article thumbnail

News: 2023 Genesis Electrified GV70 AWD

Clean Fleet Report

This extends into the dealerships–there are three stand-alone Genesis dealers in the country with many more coming on-line in 2023–where they engage customers with immersion and education. All base pricing includes the mandatory $1,125 destination fee, and qualifies for the federal $7,500 tax credit and any state rebates.

Hyundai 90
article thumbnail

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

Clean Fleet Report

There were few times, as we drove through California, Nevada, Arizona and Utah, where the brake pedal was applied. Note: EV pricing has been fluid during 2023, so check with your Ford dealer for the current pricing and financing offers. The Mach-E compares well to any EV, so visit your local Ford dealer to check it out.

article thumbnail

Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

Founded in 1989, and headquartered in Austin, Texas, Valence has facilities in Nevada, China and Northern Ireland. In May 2008, the Telegraph newspaper in the UK reported that British drivers paid 57 pence/liter or $2.99/ gallon of diesel in excise tax which doesn’t include the value added tax. gallon in January 2009.

Li-ion 150