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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

Audi’s Q4 e-tron and Q8 e-tron, as well as the GMC Hummer EV SUV, have inventories that are well above 100 days. One particular reason behind the lack of sales for vehicles like the GMC Hummer EV SUV and the Hyundai Ioniq 5 may be their ineligibility for the Inflation Reduction Act’s (IRA) federal tax credits.

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Putting the “Utility” in Sport Utility Vehicle: Which Electric SUVs Perform Best Off-Road?

EV Life

These standards are important because they dictate the MSRP limit the vehicle must meet in order to qualify for the federal EV tax credit, which can make or break sales numbers. If a vehicle qualifies as a car, the MSRP limit is $55,000 to be eligible for the tax credit. Where Are All the True SUVs?

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New electric vehicle models available now

Plug in America

From a truck that can handle any terrain to a luxury car with more than 500 miles of electric range, read more about these stunning new EVs, sorted by the manufacturer’s suggested retail price. . Many of these vehicles are eligible for the federal EV tax credit of up to $7,500 and other state/local incentives. Mazda MX-30.

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2021 US EV Sales Scoreboard: RAV4 Prime and Mustang Mach-E Are The Top-Selling Non-Tesla EVs

EV Adoption

Especially if Congress removes the OEM cap which would mean at least a $7,500 tax credit and as much as $12,500, the Bolt has the potential to be the top selling EV in the US in 2022 other than models from Tesla. The Bolt, which is expected to resume production in early March , was on pace until the recall to sell 40,000 units in 2021.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

Electric Vehicle PR Is Driving Up the Stock Price. These announcements and PR efforts are fundamentally about GM’s long-term future but they have clearly paid off in the short term as GM’s stock price has increased 55.3% in the last 12 months and 223.9% since the 2020 low on March 18 (as of February 5).

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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). But all of these PHEVs have batteries of around 9 kWh and so they could easily be upgraded to 10 kWh to qualify for the tax credit.

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Cadillac’s ambitious move to an all-electric luxury brand by 2030

Charged EVs

It offers a far more elegant interior than Cadillac’s similarly sized XT6 crossover, and the starting price is just above $60,000, though most will likely sell for $10,000 to $20,000 more, given the array of options and available features. The EPA hasn’t yet released its official rating.) Celestiq: a true Standard of the World?