The Truth About Cars

AUGUST 23, 2023

Kia is now cutting another sub-$20,000 option with its announcement of the Rio’s demise after 2023. Kia will continue building sedans, but cars have fallen off in favor as SUVs and trucks have taken over the world. Image: Kia] Become a& TTAC& insider. Though disappointing, the move isn’t a surprise.

Kia 97

Kia South Korea Tax Credit Affordable 97

The Truth About Cars

MAY 19, 2023

Many states and municipalities are all-in on EVs, but the shift has some wondering how they’ll make up for the tax shortfall from falling gasoline sales. A popular solution that gets tossed around is to add a tax to EV registrations to help recoup the lost revenues, and Texas recently passed a new law to remedy the problem.

Tax 111

Tax Texas Gas Gasoline-Electric 111

EV Adoption

MARCH 9, 2021

These are all dates that various automakers, electric vehicle organizations, and states have declared when they want to ban the sale of or end their production of vehicles powered by an internal combustion engine. Chart: EVAdoption / Loren McDonald. EV Price Parity With ICE Vehicles Is Fast Approaching. Source: Bloomberg New Energy Finance.

Price 87

Price Gas-Electric Available Charging 87