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BYD Signs Preliminary Sales and Purchase Agreement for EV Factory in Hungary

Electric Cars Report

BYD, the world’s leading manufacturer of new energy vehicles, initiates the preliminary phase of its state-of-the-art NEV production facility in Hungary with the signing of the Preliminary Sales and Purchase Agreement in an official ceremony held on 30th January 2024.

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Mullen announces $15.8M vehicle purchase agreement with MGT Lease Company for 250 Class 3 commercial EV trucks

Green Car Congress

Mullen Automotive, an emerging EV manufacturer, announced the signing of a vehicle purchase agreement with MGT Lease Company, a national fleet leasing provider, to purchase 250 all-electric commercial class 3 cab chassis EV trucks. The contract is valued at $15,755,000.

Purchase 259
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Honda to purchase 123 GWh of batteries from CATL for EVs in China from 2024 through 2030

Green Car Congress

announced that from 2024 through 2030, Honda will purchase 123 GWh of batteries for pure electric vehicles in China from CATL. With the scale-up of the production and sale of Honda’s pure electric vehicle brand e:N, the two companies agree to further strengthen their partnership. Limited (CATL) and Honda Motor (China) Investment Co.,

Honda 334
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Polestar 3 is already on sale with a massive $7,500 purchase incentive

Electrek

Ahead of its debut, Polestar is already offering a massive $7,500 purchase incentive on the new electric SUV. Polestar’s first electric SUV, the Polestar 3 , is expected to begin rolling out in the US in the next few months.

Purchase 119
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Lightning Systems electric shuttle buses now offered on CALACT purchasing contract

Green Car Congress

Communities throughout California can now purchase all-electric shuttle buses and ADA-equipped vans from Lightning Systems on a new California Association for Coordinated Transportation (CALACT) cooperative purchasing contract. Nonprofits or government agencies can use the new agreement to purchase electric buses once they join CALACT.

Purchase 284
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Hertz is pausing purchases from Polestar as it shifts away from EVs

Teslarati

Rental car company Hertz recently announced plans to slow down its electrification strategy by selling off some electric vehicles (EVs), and now the company has halted its plans to purchase EVs from the Polestar. The post Hertz is pausing purchases from Polestar as it shifts away from EVs appeared first on TESLARATI.

Purchase 113
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Tesla starts applying EV tax credit at time of purchase

Baua Electric

Fewer Tesla EVs now qualify for the $7,500 federal EV tax credit, but for those that do, Tesla is now applying the credit at the time of purchase. The automaker’s website now says that eligible buyers will have the full $7,500 credit applied when they purchase their vehicles. 1 , which could make a big difference in EV sales.