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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

Tesla Model 3 Highland leases are more affordable thanks to a loophole in the Inflation Reduction Act about commercial vehicles. Tesla calculated that Model 3 Highland lease payments would be $329 monthly, excluding taxes and fees. Tesla Model 3 Highland is now available in the United States , Canada, Mexico and Puerto Rico.

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After chiding Ford for US CATL battery plan, GM may be seeking its own

Baua Electric

General Motors is negotiating a U.S. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. ” 2024 GMC Sierra EV Denali Edition 1 Ford announced its joint-venture battery plant with CATL in February of last year, touting it a key to EV affordability. car manufacturing.”

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GM in talks with CATL to license cheaper LFP EV battery tech and joint North American plant

Baua Electric

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. Details are scarce, but the plant will likely be in the US or Mexico. Both automakers look to sidestep federal regulations requiring EV batteries to be produced in North America to qualify for a tax credit.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. “The purchase of the BEV Lease is to aid in our goal of delivering carbon neutrality by 2050 by controlling the vehicle battery through its life, keeping it in the Ford network.” battery production.”

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2025 Cadillac Optiq EV pivots to Millennials, goes soft on Art & Science

Baua Electric

While that price tag won’t be anywhere as affordable as the XT4 ($39,090 base), Cadillac’s gasoline-fueled compact entry SUV, if it qualifies for the $7,500 EV tax credit it will cost about the same, effectively, as today’s XT5 SUV ($47,290 base) while providing much more cargo and passenger space. The Optiq shares that model’s 116.3-inch

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Can Fiat win over the hearts of Americans with its new, better 500e?

Baua Electric

It starts at a reasonable $32,500 plus a $1,595 destination fee, although it’s not eligible for the $7,500 federal tax credit. The 2024 version is made in the Mirafiori factory in Turin, Italy, compared to the 2019 built in Mexico.

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Ford Investing $550M to Retool SUV Plant to Produce Focus Small Car and EV

Green Car Congress

Ford Motor Company is investing $550 million to transform its Michigan Assembly Plant into a flexible manufacturing complex that will build Ford’s next-generation Focus global small car along with a new battery-electric version of the Focus for the North American market. Local property tax incentives for new investments at the site.

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