Blink Charging

JANUARY 19, 2024

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.

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Tax Credit Tax North America Clean 94

Baua Electric

JANUARY 1, 2024

Over the last few months, Tesla has released a bunch of new statements about changes to the eligibility of its electric vehicles to the federal tax credit in 2024. We are still calling it a “tax credit”, but it is effectively a point-of-sale incentive starting today.

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Tax Credit North America Tax Tesla 52

Teslarati

OCTOBER 24, 2023

LG Energy Solution (LGES) recently announced that its battery facility in Arizona will become a key production hub for 46-series cylindrical cells in North America. The Korean battery supplier’s operating profit included the estimated IRA tax credit amount of KRW 215.5 billion to $5.5 billion, up 58.7%

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Arizona Tax Credit Energy Tax 118

Teslarati

NOVEMBER 9, 2023

However, there are still plenty of car buyers who have no intentions of buying an EV, and price is still a big issue for people moving forward, although they have come down substantially. General Motors has its Chevy Bolt EV that hit a sub-$30,000 price tag , and Tesla is moving toward $30,000, but only after federal and state incentives.

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North America Tax Credit America Affordable 111

The Truth About Cars

MARCH 28, 2024

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. With an eye on reducing America’s dependence on Chinese batteries and materials, the Act incentivizes automakers to source materials from free-trade-compliant countries and build EVs in North America.

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China Tax Credit Chinese North America 98

Teslarati

MAY 2, 2023

Ford has re-opened order banks on the Mustang Mach-E while simultaneously rolling back prices and increasing range. Ford has boosted the range of the Standard Range battery models to a range of 250 miles for the Rear-Wheel-Drive powertrain, according to EPA estimates, while the e-All-Wheel-Drive (eAWD) will have 226 miles.

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Ford Price Range Re-Charge 99

Teslarati

JUNE 9, 2023

Tesla ( NASDAQ: TSLA ) and General Motors’ deal that will see the Detroit-based automaker utilize 12,000 Supercharger locations in North America and eventually adopt the North American Charging Standard (NACS) connector helped Wedbush push its price target on Tesla stock upward on Friday, analysts from the firm said.

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GM Price Tesla General Motors 99

Blink Charging

NOVEMBER 2, 2023

Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. Let’s look at the advancements in battery cost reduction, navigate through supply chain complexities, and explore the promising prospects ahead for the EV market.

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2008 Market Lithium Ion Batteries 52

EV Life

OCTOBER 21, 2023

The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. As with most government incentive programs, there are a lot of rules and restrictions regarding who qualifies for the credit. However, there’s a catch.

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Green Car Congress

MARCH 31, 2010

Nissan North America, Inc. Including the $7,500 federal tax credit for which the Nissan LEAF will be fully eligible, the consumer’s after-tax net value of the vehicle will be $25,280. Charging dock and installation are eligible for a 50 percent federal tax credit up to $2,000. Earlier post.).

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Tax Credit Tax Nissan 2011 186

Electric Auto Association

SEPTEMBER 9, 2022

The Inflation Reduction Act (IRA) is a massive climate, health care, and tax bill with the overarching goal of slowing the rise in consumer prices that have been climbing at the fastest pace in approximately 40 years. This will support millions more low- and middle-income families than the original credit.

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Tax Credit North America Tax Kentucky 90

Baua Electric

APRIL 28, 2024

SK Innovation Co Ltd said on Monday its SK On battery-making unit is on target to breakeven in the second half of this year after it posted a forecast-beating operating profit in the first quarter, sending its shares up over 6.0%. . billion won in the previous quarter due to fewer EV battery shipments. rise as of 0336 GMT.

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Auto Batteries Battery South Korea 52

Green Car Congress

JANUARY 18, 2023

This factor measures the proportion of new-vehicle buyers who have an EV purchase option that meets their buying needs, reflective of factors like price, manufacturer origin, segment and other inputs. Availability. Leasing, which is currently at 10%, also is expected to grow because the criteria is less restrictive for leasing.

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Power Powered Gas Vehicles 199

Baua Electric

JULY 5, 2023

billion electric-vehicle battery plant collectively owned through Stellantis and LG Power Resolution has resumed, the automaker mentioned July 5 NextStar Power, the identify of the three way partnership in Windsor, Ont., signed a binding commitment with the government making sure the manufacturing of battery cells and modules on the facility.

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Building Tax Credit Batteries Battery 52

Blink Charging

DECEMBER 19, 2023

Thanks to our new network integrations, we are proud to offer a global Blink Charging experience, so EV drivers can use the same global Blink mobile app at thousands of locations in North America, Latin America, Europe, and Asia. 2023 marked a record year for both Blink Charging and the electric vehicle industry as a whole.

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Tax Credit Puerto Rico North America Tax 52

Baua Electric

JANUARY 25, 2024

The company saw solid sales growth across key markets, including North America, Europe, and India. billion EV and battery plant in late October. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. Hyundai’s EVs are at some of the lowest prices since launching.

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Hyundai Electric Vehicles Tax Credit Vehicles 52

Teslarati

APRIL 29, 2023

By choosing to lease a selected EV instead of purchasing it outright, a car buyer can still receive a full EV incentive for vehicles that would, under the new battery sourcing requirements, not qualify for the full amount or no incentive at all. The loophole identified by Bloomberg’s newest report is leasing.

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Tesla F-150 Tax Tax Credit 99

Green Car Congress

AUGUST 8, 2022

The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. The credit will be available at the point of sale.

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Baua Electric

MARCH 12, 2024

Hyundai revealed the new IONIQ 5 refresh earlier this month, which includes several design upgrades, a bigger battery (with more range), and an added rear wiper. In Korea, Hyundai added about 7 kWh of battery to the new IONIQ 5, bringing the total to 84 kWh. How will it compare to Rivian’s recently revealed R3X?

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Hyundai Tax Credit North America SUV 52

Cars That Think

MARCH 12, 2023

A battery will be the high-voltage heart of each of those 77 million electric vehicles, and by far their most expensive component, setting off a worldwide race to ethically source their materials and crank up production to meet exploding demand. Yet propelling this full-size luxury barge still demands a 112 kWh battery aboard.

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Batteries Battery Supplies GM 93

Baua Electric

JANUARY 31, 2024

EA is the largest open DC fast-charging network, with over 900 stations and more than 4,000 chargers in North America. 4 is offered in three trim levels – Standard/Pro, S, and S Plus – with the option of 62 kWh and 82 kWh batteries and RWD or AWD. 4 Standard model that has a 62kWh battery and an EPA-estimated range of 209 miles.

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Plug Charging DC Solar 52

Green Car Congress

JULY 8, 2011

Mitsubishi Motors North America, Inc., MMNA) said that its battery-electric Mitsubishi i has earned an EPA-rated 126 MPGe in city driving and 99 MPGe out on the highway (112 MPGe combined). EPA pegged the “real-world” driving range at 62 miles. Solar-powered charging station.

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Mitsubishi EPA Solar Miles 218

Baua Electric

JANUARY 16, 2024

For many EVs, there is no way to repair or assess even slightly damaged battery packs after accidents, which forces insurance companies to write off the cars with a few miles – leading to higher premiums and undercutting gains from going electric. The value of used EVs has dropped 33.7% The value of used EVs has dropped 33.7%

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Auto Sale Market Cars 52

EV Life

JANUARY 4, 2024

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place.

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Tax Credit Tax Electric Vehicles Vehicles 52

Clean Fleet Report

JANUARY 26, 2024

Coupled with conventional fuel prices, which remain high in many markets, switching to electric will remain a strategic decision for fleet operators across North America. The coming year will also present commercial fleets with the opportunity to electrify at a discount through Clean Commercial Vehicle Credits.

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Grid Energy Storage Fleet Charging 61

Blink Charging

MAY 9, 2023

Level 1 and Level 2 charging stations simply provide alternating current (AC) electricity to the vehicle’s on-board charger, which then converts AC to direct current (DC) electricity and charges the battery. It could be several dozen hours if they are charging a battery from empty.) How full/empty the vehicle’s battery is at plug-in.

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DC Charging Plug-in Price 52

EV Adoption

FEBRUARY 7, 2021

Electric Vehicle PR Is Driving Up the Stock Price. These announcements and PR efforts are fundamentally about GM’s long-term future but they have clearly paid off in the short term as GM’s stock price has increased 55.3% Will GM’s Ultium Cells battery factory in Lordstown, Ohio be able to supply enough battery packs?

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GM Market Cadillac Acura 116

Clean Fleet Report

AUGUST 6, 2023

The Mach-E has a 91 kilowatt-hour (kWh) extended range battery, and a 10.5 We could have eliminated one or two charging stops as our Mach-E Premium with the extended range battery was rated at 290 miles. The weight balance, with the batteries placed low under the floor, makes for consistent and predictable cornering.

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Extended Range Ford Range All-Electric 91

The Truth About Cars

SEPTEMBER 22, 2023

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. That makes the $33,550 (before any federal tax credits or state incentives) Kona Electric the most affordable way to take advantage of the deal.

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Hyundai Industrial Industry United Kingdom 105

Baua Electric

JANUARY 10, 2024

It starts at a reasonable $32,500 plus a $1,595 destination fee, although it’s not eligible for the $7,500 federal tax credit. The battery comes with DC charging at up to 85 kW, which adds enough juice for 31 extra miles of range in just five minutes, according to Fiat.

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Solar Italy Europe Tax Credit 52

Blink Charging

MAY 19, 2023

In North America, Level 2 chargers use the standard J-1772 plug, which is compatible with all plug-in hybrid (PHEV) and battery electric (BEV) vehicles. Depending on the vehicle, it can take about four to eight hours to charge an EV with a Level 2 charger, which is perfect for an overnight guest.

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Tax Credit Installation Tax Alternative Fuels 52

Clean Fleet Report

MARCH 2, 2023

kWh lithium-ion battery. Charging on the 800-volt system should enable a 10% to 80% battery charge in 18 minutes on a 350 kW DC Fast Charger. All base pricing includes the mandatory $1,125 destination fee, and qualifies for the federal $7,500 tax credit and any state rebates. Wink, wink.

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Hyundai Alabama South Korea All-Electric 89

Green Car Congress

SEPTEMBER 10, 2020

Lucid Motors unveiled the Lucid Air battery-electric luxury sedan, which will start at less than US$80,000. The Lucid Air will be available initially in North America, offered in four model ranges: The Air, the starting point for the lineup, available in 2022 and starting below $80,000 ($72,500 after USA federal tax credit).

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Motor Motors Motoring Tax Credit 414

Charged EVs

FEBRUARY 6, 2024

For EVs to deliver their full emission-reducing potential, the battery supply chain must be as clean as possible, and cathode active materials (CAM) are a key part of the sustainability equation. Automakers have high hopes for solid-state batteries, mainly because of their improved safety characteristics.

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North America Batteries Battery America 95

Revenge of the Electric Car

APRIL 20, 2010

After a federal tax credit and state rebate, the price of these cars will come out at around a cool 20k. The Leaf’s suggested retail price of $32,780 drops to $25,280 after a $7,500 federal income tax credit. Electric vehicles are powered by batteries instead of internal combustion engines.

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Nissan San Jose Tax Credit Tax 160

Driivz

JULY 2, 2023

Electric school buses equipped with vehicle-to-grid (V2G) technology also have tremendous potential as “batteries on wheels” that can store electricity and provide it to the grid or to buildings when needed. alone, finds that its members plan to acquire more than 58,000 battery electric MHD trucks over the next five years. and Europe.

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Vehicles Fleet Grid Charging 52