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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit. Chart Source: EV Volumes.

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DOE publishes list of EVs eligible for new tax credit

Teslarati

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Under the new law, the manufacturer’s sales cap is lifted. BMW 3-series Plug-In. Lincoln Corsair Plug-in. Nissan Leaf. BMW 3-series Plug-In.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. XXXXX Click to enlarge. —Cahill et al.

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Road Test: 2024 Nissan Leaf SV Plus EV

Clean Fleet Report

Don’t Sleep On This Value Proposition The Nissan Leaf was the world’s best-selling electric vehicle from when it was introduced in 2011, until it was recently passed by the Tesla Model 3 and Model Y. Nissan offers two versions of the 2024 Leaf, the S and SV Plus, the latter of which we drove recently through Southern California.

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Nissan, Frost & Sullivan study finds 37% of Southeast Asian consumers open to buying EV

Green Car Congress

Thirty-seven percent of Southeast Asian consumers planning to buy a car are open to purchasing an electric vehicle, according to a Nissan-commissioned study by Frost & Sullivan. Nissan is also exploring launch in Indonesia and Philippines. Source: Nissan. —Yutaka Sanada, regional senior vice president at Nissan.

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association. EV sales grew more than 13 per cent in March, which was substantially faster than petrol, diesel and hybrid vehicles. per cent) Nissan Leaf – 359 (4.8