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Tesla increases Model Y, cuts Model 3 prices in the U.S.

Teslarati

The Model Y crossover had several trim levels that, due to weight, did not meet the United States definition of an SUV and, due to its classification, was priced out of the $7,500 tax credit as non-SUV’s have a price limit of $55,000. All Model Y trims are now eligible for the $7,500 tax credit.

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Ford Mustang Mach-E captures KBB’s EV Best Buy of 2022

Teslarati

Ford has captured a tremendous accolade with the Mustang Mach-E after Kelley Blue Book announced that the all-electric crossover is the Electric Vehicle Best Buy for 2022. Its SUV-leaning shape and fresh attitude also contribute to the Mach-E’s value to both Ford and to the emerging EV landscape.” ” (Credit: Ford).

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Hyundai and Kia surge past Ford, GM to take second in US EV sales in 2023

Baua Electric

Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 It also began delivering its first three-row electric SUV, the EV9 , with 1,113 sold in December. GM ended production of the affordable electric car as it ramps up output of its Ultium models including the Blazer EV.

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April 2023 – Plug-in car market share continues to grow in Norway

Push EVs

Recall that new tax changes have applied from January 1st. Although these introduced some BEV taxes for the first time, mostly falling on heavy and expensive BEV models, taxes fell harder still on vehicles with CO2 emissions. PHEVs, with their middling emissions ratings, are taxed somewhere in between.

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Mahindra & Mahindra’s double play: Sustaining ICE, accelerating EVs | Autocar Professional

Baua Electric

Of the Rs 27,000 crore plus that M&M plans to invest in its automotive business in the next three years, Rs 14,000 crore will be kept for the ICE vertical – primarily for bringing out new and refreshed SUV models. Out of the nine SUVs, six will be all-new products and three will be mid-cycle enhancements.

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82% of BEVs & PHEVs Available in the US in 2022 Have a Base MSRP of $40,000+

EV Adoption

The actual transaction price that consumers are paying for electric vehicles is of course much higher when delivery charges, sales tax, fees, options, and upgrades including everything from paint color and wheel options to driver assist systems are added to the base MSRP. Lack of Affordable EVs Remains a Key Hurdle to Mass Adoption.

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Why Hybrids are gaining momentum amid EV frenzy | Autocar Professional

Baua Electric

The hybrid vehicles — dual powered by a petrol engine and an electric motor — are gathering strong traction amongst SUV buyers versus all electric battery-operated passenger vehicles. There is a significant waiting period of over 8-12 months for hybrids for some models like Invicto and HyCross and the booking momentum continues.

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