article thumbnail

Novel Sodium-Ion Battery-Powered EVs To Hit Chinese Streets in January

The Truth About Cars

While Chinese brands and obscure battery chemistries may never become mainstream in America, this type of movement in the industry is what’s needed to drive adoption to the tipping point. Image: Iryna Imago via Shutterstock] Become a& TTAC insider.

Sodium 97
article thumbnail

How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

article thumbnail

Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

What I assumed would be a quick chat quickly devolved into my being educated on British tax codes, especially the benefit-in-kind (BIK) taxes applied to any items of value provided to employees. For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary.

Sale 75
article thumbnail

Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

Thousands of dealerships have urged President Joe Biden to reconsider the proposal — which could be finalized as soon as March — arguing it would mandate an unrealistic shift to solely battery-powered vehicles before the market and infrastructure are ready. Electric vehicles are exciting. still used production quotas.

Dealers 103
article thumbnail

Australia unveiled its new EV policy

Electric Vehicles India

Australia’s Prime Minister Scott Morrison has announced the federal government’s new electric vehicle strategy to encourage people to buy electric vehicles. But the plan doesn’t provide financial or tax support to help Australian motorists to switch to a eco-friendly vehicle. Australia unveiled its new EV policy.

article thumbnail

What EV has the Best Bang for the Buck?

Clean Fleet Report

Bronson, Tampa, FL With some 43 new battery-powered electric vehicles (EVs) debuting in the U.S. The Mini Cooper SE EV has a low price, but less range Of course, these MSRPs don’t factor in tax rebates and other financial incentives. EV buyers still qualify for up to $7,500 in tax credits. In the U.S.,

Tampa 52
article thumbnail

Mitsubishi to debut eight xEVs in next five years: hybrids, plug-in hybrids, EVs

Green Car Congress

Mitsubishi Motors Corporation (MMC) plans to introduce eight hybrid (HEV), plug-in hybrid (PHEV), and battery-powered (BEV) models by fiscal year 2015 in anticipation that demand for low-carbon, fuel-efficient automobiles will expand worldwide. The vehicle is expected to carry a MSRP of $29,995 before taxes and incentives.