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TN will triple its dumb EV tax for inflation, but its gas tax lags inflation by ~5x

Baua Electric

Photo by Ron Cogswell on Flickr Tennessee has started the process of hiking its EV registration fee from $100 to $274 per year and beyond, aiming to continue hiking the fees in perpetuity, further increasing the disproportionately high taxes paid by EVs in the state as compared to gas cars. cent special petroleum fee “).

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GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. Fleet customers including for BrightDrop and the Chevrolet Silverado EV will benefit from the $7,500 commercial incentive,” stated General Motors. The all-electric pickup truck is scheduled to launch by 2024.

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2023-2024 VW ID.4: Most eligible for full $7,500 EV tax credit

Baua Electric

4 electric crossovers on sale now are eligible for the full $7,500 federal EV tax credit, VW confirmed Wednesday in a press release. 4 will retain the tax credit for the entirety of the 2024 calendar year. 4 models are still being sold, with a base price of $40,290, including destination, before the tax credit. Leftover 2023 ID.4

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

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. More on this below.

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Volkswagen ID.4 gets access to Plug&Charge at Electrify America stations

Teslarati

4 is assembled in Tennessee and has three variants: Standard/Pro, S, and S Plus. 4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) entire $7,500 federal tax credit for electric vehicles. 4 units with SK On battery components qualify for the whole tax credit. The 2023 Volkswagen ID.4

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Ford to boost production capacity of electric F-150 Lightning to 150,000 per year; ability to produce 600K BEVs annually within 24 months

Green Car Congress

Ford Motor Company plans to raise production of the F-150 Lightning pickup at the Rouge Electric Vehicle Center in Dearborn to 150,000 trucks per year to meet high demand, Beginning Thursday, the first group of reservation holders will be invited to place their orders for the F-150 Lightning. Earlier post.).

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Urbix and SK On in joint development agreement for high-performance anode materials

Green Car Congress

BlueOval SK, a joint venture between SKO and US automaker Ford Motor Company, is building three battery manufacturing plants—one in Tennessee and two others in Kentucky. In the US, SKO has two battery manufacturing plants in Commerce, Georgia, with the second plant scheduled to be operational in 2023.