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Tesla bull calls battery cost declines “good deflation” that could boost EV sales

Teslarati

Longtime Tesla bull ARK invest recently identified battery cost declines as a form of “good deflation” that could lead to a boost in EV sales. In contrast to “good deflation,” ARK also identified an example of “bad deflation” in the auto industry, specifically in the used car market.

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Personal: One in a Million

Clean Fleet Report

In fact, it might not even be possible for the auto industry to produce that many EVs, although the rate of expansion is dizzying. Tesla Model 3 was the top seller in the state. Here’s the top 10 and their sales (and links to our latest reviews/news): Tesla Model 3 EV – 67,262. Tesla Model Y EV – 61,022.

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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?

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Tesla Giga Canada makes sense: CN Minister emphasizes auto industry’s new “supplier of choice” [Opinion]

Teslarati

Tesla Giga Canada is starting to make more sense. At the 2022 Shareholders Round-Up, Elon Musk announced that Tesla might share the location of its next gigafactory by the end of the year. Champagne’s visit suggested that Tesla Giga Canada has some potential to reach fruition. What about Tesla?

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3 Major US Electric Vehicle Initiatives — Which Is Most Important?

CleanTechnica EVs

By Charles Morris The Biden administration has proposed a number of initiatives to promote transport electrification and clean energy.

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The EV Transition Explained: How to Meet Sales Targets?

Cars That Think

To accelerate EV uptake, the Zero Emission Transportation Association , a lobbying group formed by Tesla, Lucid and Rivian along with some EV charging suppliers, asserts that sales of new internal combustion vehicles must be banned by 2030 and diesel trucks by 2035. The latest Edison Electric Institute projection is that only about 26.4

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The Projected Growth of EVs

Blink Charging

Lockdowns hit the auto industry hard and vehicle sales plummeted. in May 2020, a catastrophic hit for any industry. Tesla, which has always operated without dealerships, has years of experience selling cars through contactless direct sales. First, the influence of the pandemic has increased EV car sales.