Auto Auto Industry North America Tax Credit 
Teslarati
MAY 11, 2024
Credit: Tesla The recently launched base-level Model Y Long Range RWD currently starts at $44,990 before federal and local tax credits, while the Long Range AWD and the Performance trims start at $47,990 and $51,490, respectively. Tesla’s Model Y comprised over a third of all Q1 EV sales in the U.S. What are your thoughts?
Teslarati
MAY 31, 2023
billion The parties agreed to produce EV batteries so Hyundai could accelerate its electrification efforts in North America. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit.
EV Life
JANUARY 4, 2024
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?
Revenge of the Electric Car
APRIL 20, 2010
After a federal tax credit and state rebate, the price of these cars will come out at around a cool 20k. Funny that this article cites “a shortage of public charging stations&# as the sole reason for auto makers scrapping electric vehicles in the 1990s. Viewers of “ Who Killed The Electric Car?
Teslarati
AUGUST 24, 2022
CN seems to be hyper-focused on developing its green supply chain and catering to the auto industry. Also, the recently signed Inflation Reduction Act encourages automakers—legacy and startup alike—to secure supply chains in North America. . We are working fast for our workers and the auto industry.
Green Car Congress
FEBRUARY 3, 2009
GM described its approach at the Washington Auto Show. Provide state tax credit for vehicles ($2,500/16 kWh vehicle) and charging equipment and installation at home/multi-family home/workplace/public (up to $3,000/home; $30,000/other site with 10 charge ports). Ed Peper, GM North America vice president, Chevrolet.
Cars That Think
DECEMBER 23, 2022
Stellantis CEO Carlos Tavares has been very vocal in saying the speed demanded for the transition to EVs by politicians is “ beyond the limits ” of what the auto industry can support, and worries it could end up being counterproductive. Further, once a particular EV model reaches 200,000 in US sales , the EV tax credit is phased out.
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