Baua Electric

APRIL 17, 2024

BCG estimates that most automakers lose around $6,000 on each EV they effectively sell for $50,000, that price accounting for any tax credits or other incentives the customer might be eligible for. Automakers will only be able to close about half of that cost gap with technology choices, BCG estimates. automakers.

Boston Consulting Group 52

Boston Consulting Group Tax Credit Chinese Boston 52

Baua Electric

MARCH 28, 2024

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. After software glitches, freight delays, and other issues caused GM to miss its EV sales target in 2023, the company believes “production hell” is behind it. It will be similar to the agreement between CATL and rival Ford.

GM 52

GM Batteries Battery North America 52

Baua Electric

JANUARY 3, 2024

After customer complaints over its software issues, which sparked a halt on sales right before Christmas, General Motors has now issued a small safety recall , which includes the Chevrolet Blazer EV, for vehicles that may have defective doors that could fly open while driving.

GM 52

GM Chevrolet Tax Credit Tax 52

Teslarati

NOVEMBER 21, 2022

Only a handful of countries mine graphite and even fewer refine the mineral enough to be used in batteries and other products. Experts observing the graphite market expect graphite supply to hit a deficit as EV battery makers increase production. It also imported graphite from Mexico, Canada, India, and other sources.

Supplies 98

Supplies Manufacturer Light Mozambique 98

Teslarati

FEBRUARY 27, 2024

Ford and General Motors (GM) announced plans to scale down EV production this year. Ford pauses all F-150 Lightning shipments as gas deliveries begin Some theorized that GM and Ford scaled back EV production plans because there was not enough demand for electric vehicles in the United States.

BYD 118

BYD Market United States F-150 118

The Truth About Cars

SEPTEMBER 29, 2023

By relying on General Motors’ Ultium battery platform, Honda gets to field an EV boasting a competitive range while bragging to regulators about products being manufactured in North America. But it should be good enough to warrant government incentives under the EV tax credit scheme.

Honda 64

Honda Tax Credit Dealers Miles 64

EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

Tax Credit 116

Tax Credit Tax F-150 PHEV 116