Remove Auto Industry Remove Hybrid Remove Supplies Remove Tax
article thumbnail

Dealers Finally Have EV Inventory But Now Lack Buyers

The Truth About Cars

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.

Dealers 98
article thumbnail

EVs in France reach record market share

Push EVs

Full electrics grew at a decent rate, but plugin hybrids fell. Overall auto volumes for the month were flat year on year, but full year 2022 volumes were down almost 8% on 2021. plugin hybrids (PHEVs). The bigger picture is that France remains under-supplied with BEVs, and the same is true across Europe as whole.

France 83
article thumbnail

June 2023 – Tesla Model Y is again the bestseller in Norway

Push EVs

Full electrics increased their share to 82.2%, with plugin hybrid share diminishing to 8.7%. Overall auto volume was 15,566 units, up 4.5% share in June, full battery electrics (BEVs) contributed 82.2%, with plugin hybrids (PHEVs) at 8.7%. With combined EVs at 90.9% PHEVs meanwhile shrank 18.9% of the market.

Norway 52
article thumbnail

CMU study finds that HEVs and PHEVs with small battery packs offer more emissions and oil displacement benefits per dollar spent than large pack PHEVs and BEVs; policy implications

Green Car Congress

Strategies to promote adoption of hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs) with small battery packs offer more social benefits (i.e., Value of life cycle air emissions and oil displacement benefits compared to federal tax credit for plug-in vehicles. Michalek et al. Click to enlarge.

PHEV 186
article thumbnail

The Race to Plug-In Hybrids Is On

Green Cars News

The new administration’s stimulus package allots $2B for advanced batteries, $300M for federal and states fleets to buy new clean fuel vehicles and $7,500 tax rebate for PHEV, with yet more money in the Auto-Industry Re-tooling fund. Tags: Hybrid cars hybrids plug-in plug-in hybrid.

Plug-in 39
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?

article thumbnail

Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos. One of the key measures is the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme, launched in 2015.

India 98