Teslarati

MARCH 28, 2024

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. James Bell, head of corporate communications at Kia America noted that EV9 production should begin by the end of May at the Georgia facility.

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Baua Electric

JANUARY 24, 2024

Photo: Volkswagen of America “Most” 2023 and 2024 VW ID.4s 4s will qualify for the full US EV tax credit in 2024 – here’s the lowdown on eligibility. 4s with US-manufactured SK On battery components placed in service in 2024 will be eligible for the full $7,500 federal tax credit. VW 2023 and 2024 ID.4s Model year 2023 ID.4s

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Baua Electric

APRIL 22, 2024

Both are eligible for the $7,500 EV tax credit, cutting the effective price for many households to just $37,130 and $42,130 respectively. The Model 3 also doesn’t qualify for the EV tax credit. In addition, the base Model Y RWD now undercuts the base Model 3 by $5,000 for the tax-credit-eligible. at Fremont. 2024 Tesla Model Y.

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Baua Electric

JANUARY 5, 2024

Photo by Ron Cogswell on Flickr Tennessee has started the process of hiking its EV registration fee from $100 to $274 per year and beyond, aiming to continue hiking the fees in perpetuity, further increasing the disproportionately high taxes paid by EVs in the state as compared to gas cars. cent special petroleum fee “).

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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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The Truth About Cars

APRIL 18, 2024

Automotive News reported that the country would not offer tax incentives or land discounts to Chinese automakers. government believes that they should not be able to enter North America without paying tariffs. Mexico is no stranger to Chinese auto companies, as there are around 20 already selling vehicles in the country.

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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

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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Baua Electric

MARCH 27, 2024

It’s packed with rebates and tax credits that will help Americans purchase everything from EVs to solar and electrical appliances to heat pumps. Check out this easy-to-use IRA savings calculator from Rewiring America that tells you what you get – and when. We bought a US-made 2023 Volkswagen ID.4 More often than not, I fill them in.

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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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The Truth About Cars

JULY 12, 2023

Some European capitals will ban certain types of vehicles, and others have devised taxes and fees to incentivize driving less. Paris sees tens of thousands of cars on its roads each day, and city leaders recently approved a plan to increase parking fees. & [Image: Ioan Panaite via Shutterstock] Become a& TTAC insider.

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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

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

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 8, 2024

According to Japan’s Nikkei , the Japanese automaker is looking at several sites in Canada, including one near its auto factory in Alliston, Ontario. If all goes according to plan, Honda will produce in-house batteries at the plant, which would be the company’s second EV plant in North America.

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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

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

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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Teslarati

JANUARY 8, 2024

Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which holds the fourth-largest share in the US car market. Based on sales data from S&P Global, Hyundai Motor Group is behind big names in the global auto market, including Toyota, Ford, and General Motors. Hyundai and Kia made up 7.5%

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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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Green Car Congress

JANUARY 5, 2012

In polling 200 C-level executives in the global automotive industry for the 2012 automotive survey, KPMG found that executives in the US and Western Europe expect even less consumer adoption, projecting e-vehicles will only account for 6-10% of global annual auto sales. 65% predict increased investment in hydrogen fuel cell technology.

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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

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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Electric Auto Association

FEBRUARY 22, 2021

Members of the Mid-America EAA show-off different types of EVs, including a lawn mower. You buy your own solar panels, you power your house and your car, and the utility wants to get paid for your doing that.” It’s theoretically supposed to make up for loss of gas tax revenue, but it’s just not fair,” said Schwanke. “I

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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. Associate Hyundai Mobis Co.

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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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Green Car Congress

FEBRUARY 3, 2015

The size of the contraction of the Russian car market remains a significant wild card that will impact the European market throughout the year, according to the analysis, while other countries in the region continue to recover at a rate of 2.5 North America. South America. from last year. million units. million units.

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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 10, 2023

Corporate CEO Linda Hasenfratz stated the state of the art plant is “critical” for the occasion of electrified automobiles. “As the first supplier to invest in this equipment in North America, Linamar will naturally take a market leadership position in this technology.” million, up 40.9 in line with centover the $210.8

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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

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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Green Car Congress

JUNE 15, 2011

Conventional automotive technologies have significant emission-reduction potential, according to a draft of the Boston Consulting Group’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. —“Powering Autos to 2020” (draft). Source: BCG. Click to enlarge.

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Green Car Congress

JULY 31, 2011

In sync with its past annual auto studies, AlixPartners continues to predict that US auto sales will climb more slowly, and to a lower peak, than many others are predicting. Specifically, the firm estimates US auto sales will reach just 12.7 billion in 2010 profit on a net margin of 4.6% billion on a net margin of 4.3%—things

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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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Baua Electric

MAY 28, 2024

The Hyundai IONIQ 6 / Credit: Hyundai North America Last February there were nine EVs that leased for an average monthly cost of under $400 before tax and license. By our observation, it seems that the Kona Electric makes up less than 5% of a given dealership’s EV inventory, so huge discounts, like the car itself, are a bit rare.

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Baua Electric

FEBRUARY 8, 2024

A government official from the Netherlands told Reuters that the country “wants to cover solar PV imports with the EU’s carbon border tax.” FTC: We use income earning auto affiliate links. The post Cheap solar panels from China are all over Europe – and everyone is freaking out appeared first on Bauaelectric Auto News.

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Clean Fleet Report

MAY 12, 2023

Flash Drive: 2023 VinFast VF 8 The First Car Vietnamese Car Comes To North America When Vietnam’s largest company, the VinGroup, announced in 2017 they were entering the automobile manufacturing business, it probably didn’t get too much notice. seconds: 0-60 mph 191 mile driving range. ( VinFast offers charging options.

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