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Tesla launches limited-time 0.99% APR loan rate on U.S. Model Y orders

Teslarati

percent APR interest rate for buyers who finance the electric vehicle (EV) on an order placed by May 31. The promotional financing can be used on loan terms ranging from 36 to 72 months, and it’s available on all three Model Y trim options. Tesla’s Model Y comprised over a third of all Q1 EV sales in the U.S.

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LG Energy Solutions & Hyundai team up for battery plant in the United States

Teslarati

The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. Hyundai Motor Group is focusing on its electrification efforts to secure a leadership position in the global auto industry. billion in electric vehicle production.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Stellantis, LGES enforcing ‘contingency plans’ for EV battery plant in Ontario

Baua Electric

LGES and Stellantis introduced the funding extreme pace to ascertain a large-scale, home, electrical car battery production facility in Canada. billion from LGES and undercover contributions from federal and provincial governments, as the biggest ever within the Canadian auto sector. Thomas, Ontario.

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Personal: One in a Million

Clean Fleet Report

And I’m one those million since they’re counting plug-in hybrids (PHEVs) as well as full battery electrics. I think that’s fair since on a good day my 3 ½-year-old Chevrolet Volt has a 61-mile all-electric range, roughly comparable to a used Nissan Leaf or Fiat 500e. On top of that, I’m currently running at 80+% electric miles.

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Nissan Leaf – Taking Reservations

Revenge of the Electric Car

After a federal tax credit and state rebate, the price of these cars will come out at around a cool 20k. Funny that this article cites “a shortage of public charging stations&# as the sole reason for auto makers scrapping electric vehicles in the 1990s. Reservations for the all-electric Nissan Leaf start Tuesday.

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Stellantis, LG Power enforcing ‘contingency plans’ for EV battery plant in Canada

Baua Electric

billion) from LG Power and undercover contributions from federal and provincial governments, as the biggest ever within the Canadian auto sector. A spokesperson for Champagne stated on Friday that the “auto industry is crucial to the Canadian economy and to the hundreds of thousands of Canadian workers.” billion ($1.1

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