Teslarati

JANUARY 11, 2024

The startup is now turning to auto dealerships for sales and services. “I went to my accounting department and asked what is the cost of selling a car? “I went to my accounting department and asked what is the cost of selling a car? Fisker wants auto dealers to sell the company’s all-electric Ocean crossover.

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Green Car Congress

SEPTEMBER 23, 2020

Volkswagen of America revealed the all-new ID.4 This compact SUV, which will be available in rear-wheel drive 201-hp 82 kWh (launching first) and all-wheel-drive 302-hp 82 kWh configurations, offers three years of fast charging with Electrify America for no additional cost. With those credits, the entry price of ID.4

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Baua Electric

MARCH 27, 2024

Credit: Tesla The Inflation Reduction Act (IRA) is a “free electric bank account with your name on it.” It’s packed with rebates and tax credits that will help Americans purchase everything from EVs to solar and electrical appliances to heat pumps. We bought a US-made 2023 Volkswagen ID.4 More often than not, I fill them in.

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Baua Electric

JANUARY 16, 2024

“The larger impact of Hertz EV fire sale is the perception hit to the technology,” said Karl Brauer, analyst at used-car aggregator iSeeCars.com. Now their image could take another hit as rental giant Hertz dumps 20,000 of them, including Teslas, for gas-powered cars. Hertz, the largest U.S.

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Baua Electric

JANUARY 22, 2024

The Biden administration will use a broad legal interpretation to provide tax credits to EV charging projects in a large swath of the country. The Treasury Department on Friday released additional guidance providing more specific information on what projects will qualify for the revived 30C tax credit. population.

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Baua Electric

FEBRUARY 27, 2024

Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia. The automaker now expects to begin building electric cars in the US in the fourth quarter of 2024, with the grand opening in the first quarter of next year. FTC: We use income earning auto affiliate links.

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Baua Electric

APRIL 28, 2024

. “While we saw drops in EV battery shipment in the first quarter caused by customers’ battery inventory adjustment, we expect to see improved market environment backed by launches of new EVs in North America,” SK On Chief Financial Officer Kim Kyunghoon said in a post-earnings conference call.

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EV Life

OCTOBER 21, 2023

As we enter the age of the electric car, federal and state governments have created a variety of programs , rebates, and grants to incentivize drivers to make the switch to zero-emission vehicles. Two sections of the law, 30D and 45W, detail individual tax credits and commercial tax credits, respectively.

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Baua Electric

JUNE 10, 2024

Hyundai and Kia have been on a roll with some of the most affordable, fuel-efficient electric cars in the US. 2024 Hyundai IONIQ 6 Limited (Source: Hyundai) In an exclusive interview with Electrek , Hyundai America CEO Randy Parker told us the automaker is “humble and hungry” to separate itself from the competition.

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Baua Electric

JANUARY 17, 2024

Governments in North America and Europe are seriously concerned about China’s growing dominance of the EV industry. Chinese automaker BYD recently surpassed Tesla as the world’s leading seller of EVs, and it’s only one of several Chinese-owned brands that are already selling cars in the US and the EU. The US currently imposes a 27.5

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Baua Electric

JANUARY 25, 2024

The company saw solid sales growth across key markets, including North America, Europe, and India. Meanwhile, Hyundai said it expects the global auto market to continue growing in the future as the shift to electric heats up. Hyundai expects to sell around 300,000 electric cars in 2024, or about 12% growth from last year.

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Baua Electric

JANUARY 31, 2024

Photo: Electrify America Volkswagen of America (VW) today announced that its 2023 ID.4 4 will now include Plug&Charge at Electrify America (EA) charging stations. 4 is that owners get three years of unlimited free 30-minute DC fast-charging sessions with Electrify America. Plug&Charge for 2023 VW ID.4s

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Baua Electric

MAY 10, 2024

Currently, all cars made in China are subject to a 25% tariff when imported to the US, on top of an additional 2.5% tariff that all foreign-made cars are subject to, totaling 27.5%. This large tariff has had the effect of excluding Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first.

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Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 5, 2024. The Kia EV9 is Green Car Reports’ Best Car To Buy 2024. And some made-in-America EVs like those from Rivian lost half of their credit amount.

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Baua Electric

APRIL 1, 2024

battery-supply deal with China’s CATL, Car News China reports. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S. car manufacturing.” General Motors is negotiating a U.S.

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Baua Electric

MAY 26, 2023

Automakers and EV battery makers homogeneous are an increasing number of dashing to form investments in North The usa to deliver to obtain tax credit supplied through Biden’s landmark situation trade invoice, the Inflation Aid Employment. appeared first on Bauaelectric Auto News. stated within the remark.

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Baua Electric

MARCH 28, 2024

With 62,045 Chevy Bolts sold last year, the electric car accounted for over 81% of GM’s EV sales. According to Barra, it will be the first Ultium EV in North America to feature LFP batteries. 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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Baua Electric

MARCH 12, 2024

One of the biggest upgrades is the addition of Hyundai’s Connected Car Navigation Cockpit, including Wireless CarPlay and Android Auto. 2025 Hyundai IONIQ 5 N (Source: Hyundai) Hyundai to add rugged IONIQ 5 XRT trim Now, we are learning Hyundai is reportedly planning to launch a rugged XRT variant in North America.

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Baua Electric

MAY 19, 2023

The CEOs of the 2 firms wrote utmost pace to Top Minister Justin Trudeau, announcing Ottawa had showed in writing 5 occasions that it will fit manufacturing incentives beneath america’ Inflation Relief Work, however has now not delivered on the ones loyalty. Thomas, Ont. The government has dedicated to lend as much as $13.2

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Baua Electric

JULY 5, 2023

MORE SUBSIDIES NextStar sought after extra executive aid then the US introduced in August 2022 pristine manufacturing tax credit for EV battery makers as a part of the IRA. regulation, battery makers get a tax credit score of U.S. $35 Below phrases of that U.S. Via 2033, they are going to be eradicated. Thomas, Ont.

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Baua Electric

MAY 23, 2024

in March as several automakers, including Hyundai and Ford, saw electric car sales surge. 2024 Hyundai Kona electric (Source: Hyundai) In a new interview , Hyundai Motor America CEO Randy Parker told Electrek that the company remains “all-in” on EVs. EVs built at the facility are expected to qualify for the $7,500 federal tax credit.

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EV Life

JANUARY 4, 2024

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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Clean Fleet Report

MARCH 2, 2023

Genesis showed a pre-production 2023 Electrified GV70 at the 2022 Los Angeles Auto Show. Built in America Genesis cannot stress enough the importance and milestone it is for their brand to now be building a car in America that will be sold in America. The last one is no small thing.

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Baua Electric

JANUARY 10, 2024

The brand sold only a few hundred cars in the US last year. But Fiat hopes to – finally – charm the US with the “immersive Italian experience” of its upcoming Fiat 500e – Stellantis’s first all-electric car in the US. To set la dolce vita vibes, the car even comes with its own theme music.

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Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place.

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Green Car Congress

AUGUST 30, 2016

The A3 is slightly ahead of expectations at the moment; we are quite pleased with the car. It is viewed as a short-term to mid-term measure to bring electric cars into the portfolio. —Filip Brabec, Director of Product Management for Audi of America. The A3 e-tron is a small step, but an important step.

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EV Life

MAY 5, 2023

You should consult your own tax, legal and accounting advisors before engaging in any transaction. Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car.

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Baua Electric

MAY 19, 2023

The CEOs of the 2 corporations wrote utmost pace to Top Minister Justin Trudeau, announcing Ottawa had showed in writing 5 instances that it could fit manufacturing incentives underneath america’ Inflation Aid Operate, however has no longer delivered on the ones constancy. Thomas, Ont. billion ($9.8 We’re again on course.

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Canada Batteries Battery Tax Credit 52

Revenge of the Electric Car

APRIL 20, 2010

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. But many feel the electric car’s time has arrived.

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Baua Electric

MAY 3, 2024

Department of the Treasury and Internal Revenue Service (IRS) updated the EV tax credit rules today with new requirements that should enable more electric cars to become eligible. It required for the vehicles to be assembled in North America to get the credit. FTC: We use income earning auto affiliate links.

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Baua Electric

FEBRUARY 28, 2024

4 does currently qualify for the full $7,500 US federal EV tax credit – the only car made by a foreign automaker to qualify, due to local production in Chattanooga, Tennessee – and the credit is now available upfront at the point of sale. This makes the 62kWh version quite attractive at a ~$32k base price after credit.

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Clean Fleet Report

MAY 29, 2022

Even here in Southern California, where at some point every car sold in America can be seen, the 2022 Polestar 2 is rare and drew the obvious question–“What is that?” Please note this is not Android Auto. Federal and state tax credits could reduce the price you pay. Good enough? Not nearly. Good enough?

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Green Car Congress

MAY 6, 2009

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. Mark Fields, Ford president of The Americas. Earlier post.)

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Baua Electric

MAY 15, 2023

The $5 billion plant, slated to start out operations in August 2024, will be capable to construct 45 gigawatt-hours (gWh) of lithium-ion cells and modules a future to feed the automaker’s meeting operations in Canada and america, Stellantis up to now mentioned. Framing of the module portion of the manufacturing unit is in part entire.

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Baua Electric

JANUARY 3, 2024

Both Lyriq and Hummer EV sales grew, and Blazer and Silverado EV finally saw deliveries of cars to the public, though still in small numbers. And it’s a better deal than ever now that the US EV tax credit is now easier to get for low-income buyers and available upfront as well, making it possible to get a Bolt for under $20k off the lot.

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Baua Electric

MAY 3, 2024

In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market.

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Baua Electric

MAY 17, 2023

The era of Stellantis’ auto production footprint in Canada is in the end at stake within the dispute between the automaker and Ottawa over investment for the $5-billion battery-cell plant in Windsor, Ont. The post Stellantis production footprint could be in danger over battery-plant dispute appeared first on Bauaelectric Auto News.

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