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Report: China’s Chery Considers U.S. Market Yet Again

The Truth About Cars

but frankly speaking I can't say much more about our strategy," Brian Wu, executive vice president of Chery Mexico, told MotorTrend in a recent interview. & Exeed is a luxury brand that intends to compete with Audi, BMW, and Mercedes-Benz. soil, Wu said there would be a mix of EVs and PHEVs. market] is very important for us.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

Probably the most needed and least controversial proposed change is the elimination of the phaseout of the tax cap that begins in the quarter after a manufacturer sells 200,000 BEVs or PHEVs in the US. But all of these PHEVs have batteries of around 9 kWh and so they could easily be upgraded to 10 kWh to qualify for the tax credit.