article thumbnail

China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show

CN EV Post

With purchase tax incentives for internal combustion engine vehicles and purchase subsidies for NEVs both expiring at the end of last year, coupled with price cuts since the beginning of the year, China's auto industry faced significant pressure in the first quarter, the CAAM said. For more articles, please visit CnEVPost.

China 135
article thumbnail

Lucid introduces new $7,500 discount as EV price war heats up

Teslarati

The Air sport sedan, being a luxury vehicle and having the appropriately associated price tag, does not currently qualify for the Federal tax incentive of $7,500, but that isn’t stopping the EV startup from introducing a discount of its own. What do you think of the article? Do you have any comments, questions, or concerns?

Price 91
article thumbnail

Was the Jeep Wrangler 4xe 2021’s 3rd Highest-Selling EV in the US?

EV Adoption

I’m estimating 28,000 as an executive with a leading auto analyst firm confirmed to me privately that their registration estimates for 2021 put the RAV4 Prime and Wrangler 4xe as a toss up. Auto Industry Analyst. I can’t tell you our exact number but if they beat RAV it was very narrow. Flip a coin.

Jeep 98
article thumbnail

Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

In 1990, a CO2 tax was implemented and the country began to focus on establishing a greener transport system by promoting Norwegian EV production and adoption. Let’s take a look at the Volkswagen Golf versus the Volkswagen e-Golf as an example of how the tax scheme works in practice. Investing in Infrastructure.

Global 83
article thumbnail

Car Industry Asks Government For More EV Help

Revenge of the Electric Car

If they don’t, then the car industry warns it’ll be hard to hit President Obama’s goal of one million electric and/or plug-in vehicles on the road by 2015. Read more in the WSJ article by Josh Mitchell: Auto Industry Plugs Electric-Car Subsidies.

article thumbnail

Is green to blame for problems in auto industry?

Green Cars News

The author believes that Congress failed to consult the public about green jobs or the Smart Grid, not to mention the cap and trade that will “tax the air you breathe&#. To read the article in full, click here. On top of that Fed Ex has had to lay off drivers because of the expense associated with their eco trucks.

article thumbnail

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?