Baua Electric

JANUARY 24, 2024

4s will qualify for the full US EV tax credit in 2024 – here’s the lowdown on eligibility. 4s with US-manufactured SK On battery components placed in service in 2024 will be eligible for the full $7,500 federal tax credit. Click here to find a local dealer that may have the Volkswagen ID.4 VW 2023 and 2024 ID.4s

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EV Life

JUNE 29, 2023

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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Baua Electric

JANUARY 3, 2024

You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale. But you may want to act fast.

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The Truth About Cars

JULY 12, 2023

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. Though EV sales seem to be dragging, hybrids and plug-in hybrids are hot commodities.

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EV Life

APRIL 7, 2023

Yet, despite record sales, they still seem out of reach for most Californians. In this article, we’re going to show you how California residents can save over $15,000 on Tesla Model 3 and Model Y by taking advantage of available EV tax credits, rebates, and incentives. Not anymore.

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Baua Electric

FEBRUARY 1, 2024

Ford F-150 Lightning (Source: Ford) A strong majority of car dealers complain the US government’s strategy is bringing them too fast into the electric vehicle future. The concerns about dealers have proved warranted. 83 percent of the dealers surveyed said that they believe the federal government is pushing them into EVs too fast.

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Baua Electric

JANUARY 30, 2024

Ford is instituting big discounts on the Mustang Mach-E for fleet customers, as well as a new program that allows dealers to use inventory as rental cars. The discount, which matches the amount of the federal EV tax credit the Mach-E no longer qualifies for, is reportedly aimed at spurring sales. 30, reports CarsDirect.

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Baua Electric

JANUARY 31, 2024

EV sales will reach 8.0% The market share of EVs won’t increase dramatically over the previous month, as automakers, dealers, and consumers digest new federal tax credit rules brought on by the Inflation Reduction Act (IRA) that went into effect with the start of the year, analysts anticipated. of the total U.S.

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Baua Electric

FEBRUARY 1, 2024

Over 1,400 Kia EV9 models were handed over in January, topping the EV6 in US sales. Kia EV9 outpaces EV6 despite record sales month Kia started the year strong, with EV sales growing 57% YOY. Kia’s electric SUV even outsold Toyota’s sole EV, the bZ4X, in its first sales month.

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Teslarati

JULY 11, 2023

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. Electric cars currently account for about 6.5% of the country’s automotive sector.

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EV Connect

FEBRUARY 8, 2024

which is almost 8 percent of vehicle sales. Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. According to data from iseecars.com, Non-Tesla new car dealers selling electric vehicles in the U.S. 2023 was a record year in EV adoption, with 1.2 percent to 55.1

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Baua Electric

APRIL 25, 2024

After hybrids accounted for a larger share of sales in the first quarter , Hyundai plans to add hybrid production at the facility. “It Hyundai’s EV sales share fell in all major markets in the first three months of 2024 compared to last year, including Korea (4.4% in Q1 2023) of the brand’s sales, while hybrids held 9.7%

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Baua Electric

JANUARY 30, 2024

Polestar partnered with Google to power the infotainment with Android Auto OS. Polestar 3 (Source: Polestar) According to a memo sent to dealers viewed by online research firm CarsDirect , all 2024 Polestar 3 models now feature a $7,500 purchase discount. FTC: We use income earning auto affiliate links.

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Baua Electric

APRIL 10, 2024

After starting 2024 off strong, with EV sales climbing 86% in the first quarter, Ford looks to boost momentum. The Mach-E led the charge, with sales climbing 77% year-over-year (YOY). Ford Pro, the company’s commercial and software unit, continues expanding, with E-transit sales up 148% in Q1. It now starts under $70,000.

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Teslarati

FEBRUARY 9, 2022

The numbers from the California New Car Dealers Association’s new report would show that Musk is perhaps onto something. This is quite an accomplishment, considering that the Golden State is the US’ largest auto market. . The California New Car Dealers Association’s new report could be viewed below. .

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Baua Electric

JANUARY 25, 2024

With this, Hyundai’s global EV sales reached 268,785 in 2023. Hyundai attributed the growth to higher sales of its dedicated IONIQ EVs. The company saw solid sales growth across key markets, including North America, Europe, and India. Hyundai aims to be a top three EV maker by 2030 with 18 new models and two million in sales.

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Baua Electric

MARCH 25, 2024

Now sales eligible in California, “ Powered by REE” EVs are eligible for huge incentives, with other CARB-friendly states expected to follow suit. At the time, REE shared that the electric chassis cab is eligible for the IRS’ Commercial Clean Vehicle Tax Credit in the US, enabling a tax credit of up to $40,000 per vehicle.

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EV Connect

AUGUST 22, 2022

Electric vehicle sales continue to surge forward. million global EV sales in 2021, the International Energy Agency (IEA) reported that EV sales were already up 75% year over year in the first quarter of 2022. Here’s why your auto dealership needs EV charging stations sooner rather than later.

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Baua Electric

APRIL 22, 2024

The brand launched its first EV in the US, the EV60, in May 2022, and sales have been soaring since. On the other hand, Kia is looking to revamp sales with a new design and branding. 2024 Kia EV9 (Source: Kia) Although Kia expects the EV9 will qualify for the $7,500 federal EV tax credit, it may not be until next year.

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Teslarati

JULY 5, 2023

While the overall car sales to dealers are projected to decline by 5.9% in June compared to the previous year, the CPCA still anticipates a 30% rise in new-energy vehicle sales this year. Automakers like BYD, and Li Auto, among others, saw a rebound in June deliveries. Some set new monthly sales records in June.

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Baua Electric

MARCH 1, 2024

However, Fisker faced several software issues in customer Oceans, and sales were lower than anticipated. As a result of these Q4 and full 2023 numbers, Fisker has expressed doubt it can continue its work with how it is currently structured and is relying heavily on its recently implemented dealership model to help boost EV sales in 2024.

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Baua Electric

APRIL 23, 2024

4% of Toyota’s total US sales, and much less than the number of EV sales from much smaller companies. Part of the reason for these lease offers is due to the Inflation Reduction Act’s EV tax credit, which is also available (and in fact, even easier to get ) on a lease. FTC: We use income earning auto affiliate links.

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EV Adoption

JANUARY 22, 2022

Sorry, however, we do not break out those sales numbers; that is the same as when we communicated with one another, over 2nd-quarter sales last year (the vehicles’ 1st quarter of sales). Auto Industry Analyst. Rick Deneau, Stellantis. I can’t tell you our exact number but if they beat RAV it was very narrow.

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Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? 2024 Rivian R1S A preliminary list of 2024 EVs qualifying for the tax credit was released early this week by the EPA, and as expected there are very few models qualified for the full $7,500 amount. The plan will include up to 50 dealers in the U.S.

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Baua Electric

JANUARY 3, 2024

2023 Chevy Bolt EUV (Source: Chevrolet) GM has released its Q4 sales numbers , showing Ultium still ramping steadily, but overall EV sales are down as its best-selling model, the Bolt, winds down as Chevy takes it off the market in its best year of sales ever – leaving GM with only 3.1% EV share, well below the US average.

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Baua Electric

FEBRUARY 4, 2024

EV sales are still booming in California—and they continued to capture an even larger piece of the market in 2023. This helps further demonstrate that Californians are interested in purchasing new BEV model rollouts from the mainstay manufacturers that they know and trust,” the dealer association said. for the U.S. as a whole.

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Baua Electric

JANUARY 12, 2024

It’s essentially like receiving the full EV tax credit with a new purchase. Like the IONIQ 6, Tesla’s Model 3 is no longer eligible for the IRA tax credit. Hyundai Motor Group (including Kia and Genesis) ranked second behind only Tesla in US EV sales in 2023.

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Baua Electric

JANUARY 16, 2024

A dealer bulletin shows that all versions of the 2024 Ioniq 6 are eligible for $7,500 in “retail bonus cash”—a rebate that can essentially be applied only to purchases, and not with Hyundai’s current low-interest financing, CarsDirect notes. So it appears that the company wants to stay very competitive on price.

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Baua Electric

FEBRUARY 8, 2024

Hyundai Santa Cruz crossover truck concept (Source: Hyundai) Electrek’s Take After selling nearly 269,000 EVs last year, Hyundai looks to top it in 2024 with around 300K in electric vehicle sales. And that’s without its electric models qualifying for the federal tax credit (only through leasing).

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Green Car Congress

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge.

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Baua Electric

FEBRUARY 29, 2024

2024 Nissan LEAF (Source: Nissan) With sales of the current LEAF slipping amid new models flooding the EV market, Nissan looks to shake things up. That would mean losing the EV tax credit and likely falling behind rivals as new, more advanced EVs hit the market. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 12, 2024

Israeli startup REE Automotive on Thursday announced that its P7-C electric chassis-cab truck is the first vehicle with entirely by-wire controls to be certified for sale in the U.S. The post REE electric truck gets US nod for by-wire steering, braking, driving appeared first on Bauaelectric Auto News.

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Baua Electric

JANUARY 3, 2024

After customer complaints over its software issues, which sparked a halt on sales right before Christmas, General Motors has now issued a small safety recall , which includes the Chevrolet Blazer EV, for vehicles that may have defective doors that could fly open while driving. FTC: We use income earning auto affiliate links.

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Baua Electric

MARCH 14, 2024

In a fire sale, Volkswagen is offering $13,000 off the 2023 ID.4 4 was the fourth best-selling EV in the US last year, with sales up 84% from 2022. 4 models will qualify for the full $7,500 EV tax credit. 4 models on clearance at a dealer near you. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 17, 2024

Apple CarPlay and Wireless Android Auto support comes standard. Hyundai Motor Group (including Kia) overtook Ford and GM to take second in US EV sales last year, behind only Tesla. That’s without their electric models qualifying for the $7,500 EV tax credit (only through leasing). wide, and 62.2″

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Baua Electric

MARCH 12, 2024

One of the biggest upgrades is the addition of Hyundai’s Connected Car Navigation Cockpit, including Wireless CarPlay and Android Auto. Hyundai IONIQ 9 (SEVEN) electric SUV concept (Source: Hyundai) IONIQ 9 production is expected to begin in the first of the year, with US sales kicking off in mid-2025.

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Baua Electric

MARCH 11, 2024

Hyundai’s first three-row electric SUV debuted as the SEVEN concept at the 2021 LA Auto Show, suggesting it would go by the IONIQ 7. Kia EV9 (Source: Kia) Hyundai is expected to begin IONIQ 9 production in the first half of the year with US sales to follow in mid-2025. FTC: We use income earning auto affiliate links.

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