Affordable Dealers South Korea Tax 
EV Adoption
NOVEMBER 26, 2021
For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable. More on this below.
EV Adoption
AUGUST 4, 2022
Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. That is a very good thing, but tying this requirement to a consumer-facing tax credit that results in few or zero EVs qualifying, is probably not the best approach.
Cars That Think
MARCH 12, 2023
Instead, Lucid leaders see a bright future in cars that aim for maximum efficiency — rather than range per se — via smaller, more-affordable batteries. Yet EV batteries are still central to automakers’ calculus, as they seek a sustainable, affordable supply in a period of explosive growth. kilometers from each onboard kilowatt hour.
Cars That Think
DECEMBER 18, 2022
million dollars in new car sales in 2021, according to data from the National Automobile Dealer Association. China, the European Union, Japan as well as the UK and South Korea all have announced the same intention. South Korean auto companies Hyundai Motors and Kia are already blaming drops in their U.S.
Green Car Congress
JANUARY 8, 2014
Possibilities include dramatic reductions in the cost of EV batteries that lead to more cost- competitive vehicles, greater state or federal incentives, or increasing taxes on fossil fuels. Tesla is also readying the Model X, a more affordable crossover for launch by the end of 2014. Tesla Motors will have a bumpy year.
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