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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. Stephanie Valdez-Streaty , director of Industry Insights at Cox Automotive, said: “EV sales continue to grow in the U.S., This is down from 111 days, the peak of 2023, which occurred in early July.

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association. per cent) A healthy and growing pool of affordable used EVs is critical to their wider adoption in Australia. per cent) Tesla Model Y – 596 (7.9 per cent) MG ZS EV – 469 (6.2

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Hatchbacks not giving up territorial rights so easily | Autocar Professional

Baua Electric

One cannot link disposable incomes and affordability to the fall in the hatchback segment’s contribution, he said. “It This shift reflects a growing trend where customers prioritise affordability and value. Also, the availability of financing options means more people can afford to buy a used car,” he explained.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

It will also list current tax credits and incentives applicable to EV charging. The partnership will also work to enhance workplace charging efforts at public power utilities, study the impacts of EVs in public power communities, and share insights regarding infrastructure installation and EV interaction with the modern grid.

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

A plan is necessary to provide certainty to business and consumers that a future transport system will be affordable, convenient, safe and sustainable. New Zealanders need access to safe, affordable, convenient and sustainable travel choices. Ford’s commercial vehicles will also be zero-emissions capable by 2024. .

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

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.

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California environmental lawyer forecasts the future of state and federal emissions regulations

Charged EVs

And then, each carmaker has a different portfolio, so Ford, which still has tons of room on its EV tax credits, is in a different position than GM, which is why GM did not sign on to [the 2019 California deal] but then later did. There’s a serious dichotomy between a municipal utility versus an investor-owned utility. It’s everything.