Remove Downsizing Remove Sale Remove South Korea Remove Tax Credit
article thumbnail

The EV Battery Wish List

Cars That Think

Extrapolating from company targets, a future compact-size Lucid—think the size of Tesla Model 3 or Model Y—could decisively downsize its battery without sacrificing useful range. ICE sales have to come down for BEV sales to come up,” Brinley says. With all that in mind, the company is developing its next generation of batteries.

article thumbnail

First Drive: 2016 Hyundai Sonata PHEV and HEV

Green Car Congress

Sonata Plug-in Hybrid will be built at the Asan, South Korea plant and will go on sale in select markets later this Fall. Sonata Plug-in Hybrid buyers will be eligible for a $2,500 fixed federal tax credit and a variable federal tax credit based on battery capacity that will also be over $2,000.

PHEV 150
article thumbnail

Can Alt-Fuel Credits Accelerate EV Adoption?

Cars That Think

Environmental Protection Agency (EPA), which stewards the RFS, had repeatedly downsized the targets by nearly 25 percent. That plan, however, has proven contentious due to an asterisk: A $7500-per-vehicle credit would only apply to cars where most battery material and components come from North America. By the mid-2010s, the U.S.

Fuel 76