The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. government decides it doesn’t like that year. Image: Jan Hendrik/Shutterstock] Become a& TTAC& insider.

Tax Credit 87

Tax Credit Tax North America Chevrolet 87

The Truth About Cars

FEBRUARY 13, 2024

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 87

Sale Tax United Kingdom Automobile 87

The Truth About Cars

MARCH 6, 2024

Legacy automakers like Ford and General Motors are in the hunt, but so far, no one has been able to topple Tesla’s top spot. While not currently eligible for federal tax credits, BMW’s EVs can be leased to receive the $7,500 discount others get.

BMW 93

BMW Tax Credit General Motors Tax 93

Baua Electric

FEBRUARY 29, 2024

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) Hyundai is “pulling ahead” to gain access to the $7,500 federal EV tax credit. It’s also expected to introduce its first three-row electric SUV, the IONIQ 7 , in June at the Busan Motor Show. Let us know your thoughts in the comments.

Hyundai 52

Hyundai South Korea Tax Credit SUV 52

The Truth About Cars

MARCH 8, 2024

There’s also a new drive motor for models equipped with the larger 82 kWh battery pack. 4 range, it remains the only European EV that qualifies for federal tax credits in the United States. The 2023 model started at $38,995 before destination and tax credits, which undercuts the Ford Mustang Mach-E and others, making the ID.4

Tax Credit 103

Tax Credit Tennessee Tax Affordable 103

Teslarati

OCTOBER 24, 2023

General Motors (GM) and Stellantis have announced plans to furlough hundreds more workers, just after the United Auto Workers (UAW) expanded strikes against both automakers this week. UAW President Shawn Fain said in a blog post on Tuesday. Another record quarter, another record year. GM reported $44.13 billion and an EBIT-adjusted $3.6

GM 120

GM Yukon Arlington Tahoe 120

The Truth About Cars

APRIL 24, 2024

If it moves forward, the deal could help other automakers compete against Ford, General Motors, and Mercedes-Benz, which offer well-established competitors to FSD. The recently updated Model 3 lost tax credit eligibility in lower configurations, but the fresh Performance variant qualifies.

Tax Credit 66

Tax Credit Tesla Tax General Motors 66

The Truth About Cars

MARCH 7, 2024

InsideEVs reported that X/Twitter users have been sharing screenshots of leaked documents from South Korea that appear to show a new Model 3 variant with a possible 412-horsepower rear motor. That, combined with the car’s existing front motor, would add up to a potential 618 horsepower, more than a 100-pony boost over the outgoing car.

South Korea 100

South Korea Tesla Tax Credit Cheap 100

The Truth About Cars

FEBRUARY 12, 2024

This sum unlocks the Dual Motor powertrain, good for 533 horsepower. Right now, that’s the only way to get the Standard battery, though the Standard+ can be paired with the tastier 665 hp Dual Motor Performance model.& Before destination fees, the R1T now slides under 70 large in Standard Dual Motor guise.

Range 92

Range Batteries Battery Standards 92

The Truth About Cars

APRIL 5, 2024

It’s also eligible for federal tax credits, which makes it an even more compelling option. Ford recently announced that it would pause development of its new electric SUV and pickup truck to focus on hybrid offerings, and General Motors made a similar announcement a few months back. Image: Toyota] Become a& TTAC insider.

New York 98

New York Toyota Tax Credit General Motors 98

The Truth About Cars

DECEMBER 28, 2023

JAC Motors has developed a new EV sporting a sodium-ion battery that it says has lower costs and more abundant raw materials. EVs are entirely too expensive, and tax credit rules are confusing, making it difficult for the general car-buying public to afford an electric car and then understand how it impacts them financially going forward.

Sodium 108

Sodium Chinese Battery Powered Lithium Ion 108

The Truth About Cars

MAY 17, 2024

General Motors president Mark Reuss threw some shade at the all-electric Ford “Mustang” Mach-E by suggesting an electrified Chevrolet Camaro would not go the crossover route if he had his druthers. Images: General Motors; Ford Motor Co.] Great for other Fords – look at the worldwide success of Transit — but not for Mustang.”

Ford 103

Ford Chevrolet General Motors GM 103

The Truth About Cars

JUNE 21, 2023

Volvo only produces 4 percent of its vehicles here, but the real shocker is that General Motors only built 54 percent of its vehicles in the United States. These numbers may shift in favor of American production in the coming years as automakers look to localize production and take advantage of federal tax credits.

Land Rover 96

Land Rover Acura Tax Credit Honda 96

Blink Charging

DECEMBER 19, 2023

In a wave of announcements, legacy automakers including Ford, General Motors, BMW, and Nissan announced their intention to use the NACS connector in future EVs. Like the tax credit for new EVs, the used EV tax credit included an AGI cap and must be sold by a licensed dealer.

Tax Credit 52

Tax Credit Puerto Rico North America Tax 52

The Truth About Cars

JULY 25, 2023

With General Motors plowing full-speed ahead toward electrification, there are bound to be a few vehicles that don’t make the transition. With incentives and tax credits, the final price could be much lower than that, making it the most affordable new EV on sale now.

Tax Credit 80

Tax Credit Power Powered General Motors 80

The Truth About Cars

JANUARY 18, 2024

.& Additional details are said to arrive later this year, with Blue Oval stating that the Mustang Mach-E GT AWD with Extended Range and the Bronze Appearance Package should be available at a starting price of $60,990 before taxes and fees. Images: Ford Motor Co.] Become a& TTAC insider.

Ford 100

Ford Green Extended Range Tax 100

The Truth About Cars

MARCH 21, 2024

Boston Consulting Group, an American-based global management consulting firm that issued the report, said the figure accounts for customer tax credits — painting a rather bleak picture for the future of EVs. A new study is claiming that automakers lose an average of $6,000 for every $50,000 electric vehicle they sell.

Boston Consulting Group 105

Boston Consulting Group Boston F-150 Tax Credit 105

Teslarati

DECEMBER 14, 2023

Recently, reports emerged stating that General Motors’ self-driving unit, Cruise LLC, was dismissing nine top executives amid an ongoing probe. Following is Elshenawy’s memo to Cruise staff, as shared by the GM self-driving unit in its official blog. Engineers, however, will mostly be safe.

San Francisco 109

San Francisco General Motors Commercial GM 109

The Truth About Cars

SEPTEMBER 22, 2023

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. 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. Meanwhile, U.K.

Hyundai 105

Hyundai Industrial Industry United Kingdom 105

DIY Electric Car

JULY 12, 2009

The reason of this blog is however to concentrate on the electric pedicabs. While the industry is unregulated some of the lads started using electric motors (hub motors) similar to those produced by golden motor and run these pedicabs on the lead acid or gel batteries. Wish them all the best with getting on the project.

London 124

London Transportation Future Legal 124

The Truth About Cars

FEBRUARY 1, 2024

About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges. stated Mike Aus, dealer principal of Durango Motor, which sells Ford, Lincoln, Kia and Toyota vehicles out of Colorado. Only 8 percent of respondents said no, with 9 percent claiming they were unsure.

Dealers 105

Dealers Auto Durango Tax Credit 105

Current EV

OCTOBER 9, 2020

They added an integrated electric motor to the 745’s 6-cylinder combustion engine a year ago, creating the 745e xDrive Plug-In Hybrid. This is understandable, as last year’s model was significantly updated with a more powerful engine and a bigger electric motor than its predecessor. A Federal Tax Credit will knock off $5,836.

PHEV 52

PHEV Miles BMW Plug-in 52

The Truth About Cars

MARCH 5, 2024

One of the more frustrating aspects of the modern era of motoring is how influential other regions have become. Meanwhile, the chicken tax effectively guarantees smaller, foreign-made trucks (like the legendary Toyota Hilux and new pint-sized Hilux Champ) cannot be sold on American soil without finding regulatory loopholes of their own.

Europe 105

Europe Mercedes Standards Automobile 105

The Truth About Cars

NOVEMBER 21, 2023

Ford’s battery manufacturing is supposed to be done by licensing technology from China’s Contemporary Amperex Technology Co (CATL) and the issue has raised questions about national security and whether or not subsequent Ford products would be eligible for federal tax credits that are now tied to regional content requirements.

Michigan 89

Michigan Ford Batteries Battery 89

The Truth About Cars

OCTOBER 19, 2023

From Car and Driver : Notably, the Aviator Grand Touring was one of the few plug-in-hybrid models eligible for the full $7500 tax credit as part of the new Inflation Reduction Act (IRA) rules. Images: Ford Motor Co.] The 2024 Aviator is now available only with a twin-turbo 3.0-liter V-6 or a turbocharged 2.3-liter

Ford 59

Ford Hybrid Tax Credit Commuter Cars 59

The Truth About Cars

SEPTEMBER 6, 2023

With Chrysler being forced into abandoning its aerodynamic advantage and banned from utilizing motors sized above 400 cubic inches, its dominance in NASCAR ended overnight.& & Over the years, racing teams from all corners of motorsport have been trying to find ways of gaming the system.

Aston Martin 95

Aston Martin Chrysler Ferrari Grid 95

My Energi

NOVEMBER 10, 2023

After all, according to the latest vehicle registration data from the Society of Motor Manufacturers and Traders (SMMT), [1] more than 23,000 battery electric vehicles (BEVs) and 8,900 plug-in hybrids (PHEVs) were sold across the UK in October 2023 alone – six times the number of diesel cars (5,261). 4] Is the additional £3.71

Petrol 52

Petrol Financing Diesel All-Electric 52

The Truth About Cars

AUGUST 31, 2023

While it also dabbles in mileage taxes, the paper is chiefly concerned with how variances in vehicle weight and shape impact overall safety. Image: General Motors] Become a& TTAC& insider. Originally published in 2011, the NBER study goes into all of the above without focusing on powertrain types.

Vehicles 107

Vehicles Cars Mileage Tax Obama 107

Drive Electric

FEBRUARY 1, 2022

kWh battery and a 190hp electric motor driving the front wheels, although all-wheel drive EQA models are also available. Vehicle tax rate (VED): £0. Benefit in Kind (BIK) company car tax liability (2021/22): 1%. The EQA 250 has a 66.5 Mercedes-Benz EQA 250 | 140kW AMG Line 66kWh. CO2 emissions (WLTP): 0 g/km. Power : 190bhp.

Mercedes 52

Mercedes Miles SUV Petrol 52

Current EV

SEPTEMBER 25, 2020

Audi has made significant technology improvements in its electric motor configurations as well. The Sportback’s front electric motor is able to be entirely disengaged, dramatically reducing power usage when not needed. All are eligible for a $7,500 Federal tax credit. appeared first on Current EV Blog.

Audi 52

Audi CO2 Fully Electric SUV 52

Green Cars News

MAY 2, 2009

With the American automotive industry continuing to spiral, General Motors has taken the decision to simply close down its Pontiac division. Tags: Green cars Latest news general motors Pontiac Pontiac scrapped. However, some critics are questioning the move suggesting that GM should take more decisive and aggressive action.

Green 32

Green Convert General Motors Tax Credit 32

Drive Electric

JANUARY 26, 2022

There’s just one battery choice, a 77.4kWh lithium-ion polymer batter y, and an electric motor producing 226 bhp in the case of the rear-wheel drive model. Vehicle tax rate (VED): £0. Benefit in Kind (BIK) company car tax liability (2021/22): 1%. What the Kia EV6 is in terms of its body style is up for debate. Power : 226 bhp.

Kia 52

Kia Miles MPH Charging 52

Blink Charging

OCTOBER 31, 2023

Federal Incentives for Purchasing an EV Among the federal government’s incentives for drivers, you can find tax breaks for both new and used EVs that are in place until the end of 2032. Beginning in 2024, the consumer clean vehicle tax credits can be available at the point of sale by transferring your credit to the dealership.

Tax Credit 74

Tax Credit Tax Purchase Alternative Fuels 74

Current EV

SEPTEMBER 7, 2020

By John Coulter, CURRENT EV CMO In its new Prime, Toyota offers a RAV4 green version that employs a hybrid drivetrain relying on a gas engine and electric motors that draw power from a plug and regenerative braking. With a federal tax deduction of $7,500 and a California State Rebate of $1,000, the base SE can be had for under $30K.

Miles 52

Miles PHEV Toyota Range 52

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Asia India China Europe Americas en Español em Português Login/Register to set your edition Set my edition Todays Paper Video Columns Blogs Graphics Journal Community Register for FREE Register for FREE Thank you for registering. NewsVine StumbleUpon Mixx Text Size By SHARON TERLEP General Motors Corp. GM ) 1.86 -0.08

GM 57

GM Vehicles Personal Auto 57

Get Electric Vehicle

OCTOBER 27, 2023

How to Win the EV Race –  Blog Series This is the second part of How to Win the EV Race blog series As An EV Maker, What Does It Take to Win the EV Race? This may include tax credits, rebates, or reduced registration fees for EV owners. What Does It Take To Win The EV Race As A Country?

Norway 40

Norway Renewable Lithium Ion Gasoline-Electric 40

Green Car Congress

AUGUST 30, 2009

This opinion piece originally appeared in the Field-to-Pump blog, published by Renergie, Inc. ]. Automobile manufacturers were given tax breaks to produce cars that ran on hydrous ethanol, and, by 1980, every automobile company in Brazil was following this lead. Until fairly recently, these US motor vehicles were non-FFVs.

Transportation 317

Transportation Fuel Renewable Gasoline-Electric 317