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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. With the $7,500 EV tax credit, the EV starts at under $40,000. Honda already scrapped plans to build affordable EVs with GM, citing a “changing business environment.”

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2024 Ford Mustang Mach-E GT will get performance upgrade, bronze look

Baua Electric

Other 2024 model-year details for non-GT versions of the Mach-E haven’t yet been announced—although with more info on these performance variants, it’s likely to follow soon. It introduced LFP batteries to base versions of the Mach-E starting last year—with a push of that battery type intended for EV affordability.

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Rivian (RIVN) stock gets a boost ahead of R2 launch with new buy rating

Baua Electric

Rivian stock scores buy rating ahead of R2 reveal Rivian will reveal its more affordable R2 electric SUV at 10 am PT (1 pm ET) later today at its swanky new Laguna showroom. Rivian’s CEO, RJ Scaringe, vows that the R2 keeps the “essence of the brand” in a smaller, more affordable package.

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Biden quadruples tariffs on Chinese EVs, up from 25% to 100%

Baua Electric

However, given Chinese EVs are incredibly affordable , even a 25% tariff might have resulted in competitive prices. We imagine more info will come on that soon. The Inflation Reduction Act which updated the US EV tax credit included protectionist measures to disallow Chinese-sourced EVs from taking advantage of the credit.

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Eco-Friendly Commuting: Discover the Best Indian Electric Scooters of 2024

Baua Electric

This competition has led to advancements in technology and affordability, making electric scooters more accessible to the masses. Their scooters are known for their reliability, affordability, and wide service network. These incentives aim to make electric scooters more affordable and accessible to the masses.

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3 Top Tips—How To Get a Great Deal on Your New Car

Clean Fleet Report

Often, after the holidays, dealers need to get rid of old stock to avoid paying taxes on it for the coming year. Knowing how much you can afford and sticking to it is crucial. Armed with this info, you should feel confident heading to the dealership to get your dream car. Make sure to put in some time to research beforehand.

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What EV has the Best Bang for the Buck?

Clean Fleet Report

The Mini Cooper SE EV has a low price, but less range Of course, these MSRPs don’t factor in tax rebates and other financial incentives. Which are currently undergoing major changes, so check with a trusted source such as the one listed below to get more info. EV buyers still qualify for up to $7,500 in tax credits.

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