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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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Column: UAW negotiations may well be pricey for Detroit 3 — particularly if 2019 rule returns

Baua Electric

et’s order this prematurely: No person on the Detroit 3 or the UAW in point of fact is aware of at the moment how this past’s promise talks will play games out. The transient rule from 2019 relating to outdoor source of revenue, alternatively, is not in park, in keeping with the UAW. financial system has 9.9

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GM restructuring; changing product development, production; 5 NA & 2 international plants shutting next year; staff reduction

Green Car Congress

General Motors on Monday outlined a series of major restructuring steps that it said would accelerate its transformation for the future, building on the strategy it laid out in 2015 to strengthen its core business, to capitalize on the future of personal mobility and to drive significant cost efficiencies. Lordstown Assembly in Warren, Ohio.

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Fiat unveils 5 new boxy ‘Panda-inspired’ concept cars

Baua Electric

Fiat just unveiled a new set of Panda-inspired concept cars at the Geneva Motor Show, including a new city car and a pickup truck. The first of the new concepts is a city car (shown above) that is a bit larger than the Panda and available in both ICE and BEV versions – an idea that has been brewing for a while.

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News: 2023 Chevrolet Bolt EV/EUV Get Big Price Drop

Clean Fleet Report

The intention is to make the company’s two electric car offerings more attractive to consumers, especially those that are looking for an affordable alternative to a gasoline-powered car. Same car, less cost. Personal: Farewell to My Chevrolet Bolt EV. Bolt EUV $28,195 ($34,495). But it is more than that. More EVs Coming.

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Why EVs Aren't a Climate Change Panacea

Cars That Think

“Electric cars will not save the climate. There are two major reasons for this: first, EVs are not going to reach the numbers required by 2050 to hit their needed contribution to net zero goals , and even if they did, a host of other personal, social and economic activities must be modified to reach the total net zero mark.

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Elon Musk turns CNBC host into a full-on “fanboy:” “If loving him is wrong, I don’t want to be right.”

Teslarati

A look at the online backlash from his sale of Tesla stock and his impending $11 billion tax bill for 2021 would prove it. Due to his personality and style, Musk also tends to rub off mainstream media personalities negatively, as evidenced by the constant stream of negative reports about his ventures like Tesla.

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