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Canoo (GOEV) stock surges after OKC EV facility gets key approval

Baua Electric

Shares of American EV startup Canoo (GOEV) are surging after its Oklahoma City facility received approval as a Foreign Trade Zone (FTZ). If approved, Canoo FTZs will be one of the largest in Oklahoma. Canoo (GOEV) stock chart over the past year (Source: TradingView) Following the news, Canoo’s (GOEV) stock is up over 50% (+1.06

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

Teslarati

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. You can also reach me on Twitter @Christi86567288 , or if you have news tips, you can email us at tips@teslarati.com. ” I’d love to hear from you!

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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.

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Third Panasonic EV battery plant in the US is still possible 

Teslarati

The Internal Revenue Service (IRS) has already released the list of EVs eligible for tax credits under the Inflation Reduction Act (IRA). More auto dealers are also signing up for the point-of-sale EV tax credits. Oklahoma is still an option,” Swan stated. We are always looking [for a potential side.

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Fuel-cell Honda CR-V review, Genesis GV60 test, Fisker Ocean price cut: The Week in Reverse

Baua Electric

Canoo in Oklahoma Ferrari has already offered a few very performance-oriented plug-in hybrids, and it’s confirmed an EV is on the way. Follow Green Car Reports on Facebook and Twitter The post Fuel-cell Honda CR-V review, Genesis GV60 test, Fisker Ocean price cut: The Week in Reverse appeared first on Bauaelectric Auto News.

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