Teslarati
JANUARY 2, 2024
As everyone greets the new year, Tesla updated its website according to the Inflation Reduction Act’s (IRA) requirements for the electric vehicle (EV) tax credits. Most of Tesla’s other models—including the Model X—are eligible for the full tax incentives. The Teslarati team would appreciate hearing from you.
Baua Electric
MARCH 13, 2024
At launch, the entire 2025 Polestar 3 lineup will have dual-motor all-wheel drive, with an output of 489 hp and 620 lb-ft of torque, and a 111-kwh battery pack. The 2025 Polestar 3 will arrive for first deliveries in the U.S. Polestar has said that U.S. production of the 3 would be not just for the U.S. market but for export to some markets.
Baua Electric
JANUARY 2, 2024
The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. Also of note: No Rivian electric truck qualifies for the full $7,500 tax credit amount in 2024, at this time. In 2025, the tax credit rules will be extended to mining, processing, and recycling of critical minerals.
Teslarati
DECEMBER 3, 2023
The White House issued new guidance on federal electric vehicle (EV) tax credits this week, including a key exemption that’s considered a win for many automakers, as it offers extra time for companies attempting to set up battery production operations in the U.S. These countries include North Korea, China, Russia and Iran.
Baua Electric
JANUARY 30, 2024
House committees asked the Biden administration to investigate four Chinese companies they say are involved in Ford Motor’s planned Michigan battery plant, according to a letter seen Monday by Reuters. tax subsidies to China and leave Ford dependent on Chinese technology. The plant has drawn fire from U.S. The chairs of two U.S.
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