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Polestar announces ‘Made in America’ EV production start date

Teslarati

While these tax incentives were previously reasonably straightforward, with the passing of the Inflation Reduction Act, things got a lot more complex, requiring EVs to be manufactured in North America (among other requirements) to qualify for incentives. What do you think of the article?

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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). In this part 2 article, we’ll dive deeply into the elimination of the per manufacturer 200,000 EVs sold phaseout.

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Proposed Changes to Federal EV Tax Credit – Part 5: Making the Credit Refundable

EV Adoption

One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. How the Current Tax Credit Works For EV Buyers. And another 7 PHEVs qualify for credits of between $6,670 and $7,500.

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Tesla leads EV sales in Norway, nearly eliminates ICE competition in March

Teslarati

Since the EV transition began, the leader has been Norway, which quickly took to buying electric vehicles ahead of essentially every other country on Earth. Some parts of the world, including North America, have not seen the same wave in demand for EVs during the same timeframe. What do you think of the article?

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Tesla one of few automakers retaining U.S. EV incentives after rule change

Teslarati

and globally, as foreign automakers were forced to shift production to North America to qualify. The new rules removing eligibility from countless vehicles, including those assembled in North America, are “battery sourcing requirements.” What do you think of the article? Shoot me an email at william@teslarati.com.

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Hertz’s EV sale to fan cost concerns, dampen used-car market – ET Auto

Baua Electric

“Mainstream consumers are already hesitant to buy an EV, and this news only supports their concerns.” German rental firm SIXT said on Tuesday it signed a multi-billion euro deal with Stellantis to buy up to a quarter of a million vehicles. The value of used EVs has dropped 33.7%

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Perspective: Government Leadership Needed for Electric Vehicles to Succeed

Green Car Congress

The opinions expressed in this article do not necessarily reflect those of these organizations.]. The forty cities that are in the Clinton Climate Initiative’s C40 group have municipal fleets with the capacity to buy every EV produced in 2011 and possibly 2012 as well. The fear that a carbon tax is unworkable must be overcome.