article thumbnail

US senators announce offshore wind manufacturing tax credit bill

Electrek

Senators Cory Booker (D-NJ), Ed Markey (D-MA), Robert Menendez (D-NJ), and Elizabeth Warren (D-MA) today announced the Offshore Wind American Manufacturing Act, which would drive domestic manufacturing and offshore wind deployment.

article thumbnail

VW ID.4 AWD range, EV tax credit union pushback, “green” hydrogen from methane: Today’s Car News

Green Car Reports

Tesla, Toyota, and Honda are among the automakers pushing back about an EV tax credit that gives a boost to labor unions. And can hydrogen from a landfill really be greener than that from solar and wind? Volkswagen reveals range ratings for its affordable all-wheel-drive EVs. This and more, here at Green Car Reports.

article thumbnail

GM Will Discount Models Not Currently Eligible for $7,500 Tax Credit

The Truth About Cars

The EV tax credit rules changed again at the beginning of 2024, and stricter requirements on battery materials sourcing cut several previously qualified models from the list. The stricter battery sourcing rules aim to take some of the wind out of China’s sails in the EV race. Image: Cadillac] Become a& TTAC insider.

article thumbnail

Kia to begin EV9 production in the US by May, expects $7,500 EV tax credit eligibility by 2025

Baua Electric

Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Kia America’s head of corporate communications, James Bell, told Nikkei that moving EV9 production to its West Point, GA plant will enable it to qualify for a part of the EV tax credit. FTC: We use income earning auto affiliate links.

article thumbnail

Nissan Ariya prices, 53-mpg Niro Hybrid, Polestar 3 performance: Today’s Car News

Green Car Reports

The 2023 Nissan Ariya starts around $45,000 but isn’t eligible for the EV tax credit. And Polestar is winding up for an October 12 reveal for its next model. The 53-mpg Kia Niro Hybrid slots in well below $30,000. This and more, here at Green Car Reports. Polestar revealed a few more details regarding its upcoming, U.S.-built

MPG 121
article thumbnail

New Jersey resuscitates offshore wind with two new projects

Baua Electric

Photo: Ocean Wind 1 Ørsted dealt New Jersey a massive blow by canceling 2.2 gigawatts (GW) of offshore wind last year, but the state just added 3.7 GW of new projects to its pipeline. New Jersey was expected to announce another offshore wind solicitation at the beginning of 2024, and it’s delivered.

article thumbnail

Lucid Motors slashes worth of Wind sedan as EV price battle grows

Baua Electric

Tesla’s Fashion S and its efficiency model Fashion S Plaid — direct competition with the Wind — are priced at $88,490 and $108,490 unwell from $104,990 and $135,990 at first of the date. The post Lucid Motors slashes worth of Wind sedan as EV price battle grows appeared first on Bauaelectric Auto News. Newark, Calif.-based

Wind 52