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Four Major Trends in the eMobility Industry in 2021

Driivz

Despite supply constraints and COVID-19, global EV sales in the first half of 2021 showed a 160% increase over the same period in 2020 — and 2020 itself was a banner year for EVs. The “carrot” typically takes the form of incentives such as subsidies and tax credits. In 2020, there were about 1.3

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BMW i3 Owner Quoted Over $70,000 for New Battery

The Truth About Cars

After taxes, that amounted to $71,208 and that’s before anyone bothered to factor in labor. By 2020, that had become an unlikely prospect. An "affordable" battery swap may still be $10,000 several years from now. Image: BMW] Become a& TTAC& insider.

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Solving the Electric Vehicle Charging Conundrum

Cars That Think

But the difference is that only a minority of Americans today can afford to buy a new car. There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit. So that's what it takes.

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Solving the Electric Vehicle Charging Conundrum

Cars That Think

But the difference is that only a minority of Americans today can afford to buy a new car. There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit. So that's what it takes.

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Hyundai IONIQ 5 electric car review

Drive Electric

It’s also one of the more affordable EVs in its class. Vehicle tax rate (VED): £0 year 1. Benefit in kind (BIK) company car tax liability (2020/21): 1%. What’s not to like…. Looking to lease the Hyundai IONIQ 5? Kia e-Niro facts and figures. Hyundai IONIQ 5 Ultimate AWD 73kWh battery. CO2 emissions (WLTP): 0g/km.

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Price Parity is Not the Key to EV Adoption in the US

EV Adoption

According to a price survey conducted by BloombergNEF , automakers soon will be producing models that are “as affordable—and as profitable—as comparable combustion engine models, and without the help of tax subsidies.” In addition to trucks, SUVs, and more affordable EVs – American consumers need more choice.

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Report: Dealers Worried About Getting EV Refunds From the Government

The Truth About Cars

Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV tax credit scheme plays out. Cash flow is something we look at every single day in a car dealership," she continued. All of a sudden, the dealer is in a cash crunch."