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Super Charge It

Plug In Partners

N ot to be out done, another battery called " Li-tech " has been developed by a consortium of German companies, including Bosch, BASF, and Volkswagon. M eanwhile in the United States, General Motors has launched what it calls the auto industry's first design studio focused exclusively on electric plug-in vehicles.

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81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

How North American Manufacturing Will Benefit from the New Changes The new changes to the IRA tax credit are aimed at reducing the auto industry’s reliance on China, which makes up 70% of the global supply of battery cells. By incentivizing automakers to source their battery components and critical minerals from the U.S

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The Best Electric SUVs on the Market

EV Life

However, traditional auto lenders won’t consider those incentives when you apply for your loan. As we mentioned earlier, there are a variety of tax credits, rebates, and incentives out there that can help you save money on your purchase, depending on you and your desired vehicle’s eligibility.

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