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President Biden signs Inflation Reduction Act, cut EV tax incentives

Teslarati

According to manufacturers, roughly 70% of electric, PHEV, and fuel cell electric vehicles are no longer eligible for incentives. The act makes loans and tax breaks available to manufacturers to switch production to electric vehicles. The act faced significant political opposition as it made its way through the House and Senate.

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Tesla Aiming For New Milestone Of Two Million Cars

MyEVOnline

Elon Musk, CEO of Tesla, posted the picture of a red Model Y on his Twitter along with his team, announcing the one-millionth car on March 9th, it took the company only 12 years to reach the mark since it produced its first car back in 2008. This means the company is quite ahead of its targets. So, Why’s That a Big Deal?

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Ford, VW Ante Up

Plug In Partners

First, there is this story from Volkswagon. concept unveiled in Frankfurt is to give VW a low-cost, rear engine, affordable vehicle, both the minivan and plug-in hybrid should carry a meager price tag if they come to production. Tags: manufacturers. M omentum for a Plug in Future continues. Since the goal of the Up !

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