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Mercedes-Benz EQ models have been slow to sell, dealers report

Teslarati

However, a new report shows that dealers have had difficulty keeping up with inventory levels for the automaker’s EQ lineup, with sales times for the EVs exceeding the luxury segment average. One person who runs a Mercedes store said he currently has over six months’ worth of EVs and only a 50-day supply of the company’s gas cars.

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Redwood Materials launches EV battery recycling program; initial partners Ford Motor Company and Volvo

Green Car Congress

Redwood Materials, founded by Tesla co-founder and former CTO JB Straubel ( earlier post ), is launching the most comprehensive electric vehicle battery recycling program, beginning in California, to establish efficient, safe and effective recovery pathways for end-of-life hybrid and electric vehicle battery packs.

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Volkswagen ID.4 with SK ON battery components eligible for full $7,500 tax credit in 2024

Teslarati

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 starts with an MSRP of $38,995 for the Standard variant, which has a 62 kWh battery and an EPA-estimated range of 209 miles. 4 with two battery and powertrain options. The 2023 ID.4

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Biden Administration mulls over reprieve from EV tax credits for automakers

Teslarati

One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. In March, the United States Department of Treasury published the battery sourcing guidance, which automakers must comply with to reap the tax credits from the IRA.

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Ford cutting price of F-150 Lightning by up to almost $10k

Green Car Congress

Ford said that it is taking advantage of increased plant capacity, continued work on scaling production and cost, and improving battery raw material costs to help lower the MSRP of F-150 Lightning for all customers. In addition, Ford Credit is offering eligible buyers interest rates as low as 1.9% APR for 36-months.

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Volvo Trucks Customer QCD orders 30 more VNR Electric trucks for Southern California fleet

Green Car Congress

In early 2023, the battery-electric Class 8 trucks will be deployed in QCD’s Southern California fleet operations delivering products to restaurants and coffee shops throughout Riverside and San Bernardino Counties. Located in the St.

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The EV Battery Wish List

Cars That Think

A battery will be the high-voltage heart of each of those 77 million electric vehicles, and by far their most expensive component, setting off a worldwide race to ethically source their materials and crank up production to meet exploding demand. Yet propelling this full-size luxury barge still demands a 112 kWh battery aboard.