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EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs

Baua Electric

Battery EVs took a 90% share, as recent tax changes make PHEVs less appealing. of the entire auto market. The steady rise of EVs is occurring against a backdrop of slower overall auto sales. Legacy vehicles are subject to heavy taxes, but there are few affordable electric models. of the market, up from 90.1% year-on-year.

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Cheap solar panels from China are all over Europe – and everyone is freaking out

Baua Electric

Photo by Pixabay on Pexels.com Europe is installing more solar panels than ever before, thanks to a flood of cheap Chinese solar panels, driving installations by 40% last year. European local solar panel manufacturers have reached a crisis in that they say they can’t compete with cheap imports and oversupply.

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Tesla Model 3s from Hertz are going for as low as $14,000

Baua Electric

Hertz is starting to sell some of its Tesla Model 3s and they are going for pretty cheap – as low as $14,000 with the used EV tax credit. In the US, there’s $4,000 tax credit for used EVs. It might be your best chance to get a cheap Tesla. FTC: We use income earning auto affiliate links. Get started here.

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Honda looks to build a $14 billion EV and battery plant in Canada

Baua Electric

After calling off beats with GM to “beat out Tesla” with a cheap SUV, it has now emerged with news that it is mulling over a $14 billion EV and battery plant in Canada. According to Japan’s Nikkei , the Japanese automaker is looking at several sites in Canada, including one near its auto factory in Alliston, Ontario.

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Ford expects inner combustion engine quantity, earnings to develop thru 2025

Baua Electric

Ford additionally reaffirmed its 2023 full-year steering of $9 billion to $11 billion in adjusted profits ahead of pastime and taxes. The ones enlargement plans are pushed by means of the corporate’s center of attention on successful automobile sections and high-margin, cheap derivatives. these days to a minimum of 10 p.c

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Farley: Chinese language automakers turning into EV ‘powerhouse’

Baua Electric

” China, the sector’s greatest auto marketplace, has one of the crucial perfect battery era and dominates EV manufacturing, Farley stated. It’s restructuring operations there to show one in every of its joint ventures into an export hub for cheap business electrical and combustion cars. Marco Rubio, R-Fla.,

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Governor George Pataki Calls for 40% Penetration of Electric Drive Vehicles in US by End of Decade

Green Car Congress

Pataki suggested some approaches: Autos. Incentivize auto manufacturers, for example, by exempting the profits resulting from the sale of the first 10 million vehicles that deliver more than 75 mpg from any corporate taxes. ” Pataki suggested converting the tax credit to a rebate, for three years or for five.