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BNEF: Global plug-in vehicle sales surge 63% year-on-year in Q3; China accounted for more than half of total

Green Car Congress

Plug-in electric vehicles sales surged to a record in the third quarter, largely driven by strong demand in China, according to a new report from Bloomberg New Energy Finance (BNEF). Several governments have also announced targets for cleaner transport, some driven by the emissions-cheating scandal that engulfed Volkswagen AG.

Plug-in 150
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[PRESS RELEASE] DRIVE ELECTRIC RESPONSE TO CLEAN CAR DISCOUNT CHANGES.

Drive Electric

The changes to the Clean Car Discount appear designed to encourage even cleaner vehicles entering our fleet; this will mean more PHEVs and BEVs coming in and over time fewer petrol and diesel vehicles. “At Drive Electric our mission is to support the uptake of e-mobility in New Zealand as part of our efforts to decarbonise transport.

Clean 52
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The redesigned federal EV tax credit and other EV-related measures

Charged EVs

It also appears that auto dealers may be able to convert the credit into a cash-on-the-hood discount for their customers. The IRA also extends existing renewable energy tax credits for utilities, which could make EV charging cleaner and cheaper. The existing cap of 200,000 EVs sold per automaker has been eliminated. Goin’ postal.