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BMW is Willing to Pay to Attract Customers from Other EV Brands

The Truth About Cars

BMW is hoping to take some of the shine off of Tesla’s crown with a new incentive that gives buyers a $1,000 discount to buy one of its new EVs. Cars Direct reported that the BMW 2024 BEV Conquest Program includes several other brands, including Audi, Mercedes-Benz, Polestar, Porsche, Rivian, and Lucid. Ford Mustang Mach-E and VW ID.4

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BMW ActiveHybrid 7 Qualifies For $900 US Federal Tax Credit

Green Car Congress

The US Internal Revenue Service certified that the BMW ActiveHybrid 7 ( earlier post ) qualifies for up to a $900 tax credit under the Alternative Motor Vehicle provision. The ActiveHybrid 7 combines an electric motor with BMW’s 4.4-liter The ActiveHybrid 7 combines an electric motor with BMW’s 4.4-liter Earlier post.).

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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

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. Formerly eligible models from BMW, Audi, Volkswagen, and Volvo have been bumped off the list.

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UMTRI study finds total cost of ownership of diesels in US often much less than gasoline counterparts

Green Car Congress

In addition to holding their value better than gasoline-powered vehicles, diesels incur lower fuel costs—12-27% less for passenger cars and SUVs and 4-8% less for medium-duty pickups over three- and five-year periods. —Bruce Belzowski.

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Hyundai and Kia surge past Ford, GM to take second in US EV sales in 2023

Baua Electric

of the total US market with over 650,000 deliveries, topping Volkswagen, Subaru, and BMW for the first time. The South Korean automakers topped GM and Ford even without their EVs qualifying for the IRA tax credit (only through leasing). The EV leader captured 4.2% Meanwhile, Tesla wasn’t the only company with record EV sales last year.

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Perspective: A View Into the New GM

Green Car Congress

The morning session started out with an hour long press conference, the highlight being the unveiling of the Volt’s 230 mpg preliminary EPA city fuel economy finding ( earlier post ), as well as a tour showing selected elements from the studios of the four GM North American brands: Chevrolet, GMC, Buick and Cadillac.

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Road Test: 2021 Kia Niro PHEV EX Premium

Clean Fleet Report

Eco is the default setting where you want to be for the best fuel economy in the hybrid system, and the EV mode is good for up to 26 all-electric miles. Fuel economy numbers reported by Clean Fleet Report are non-scientific and represent the reviewer’s driving experience using the dash gauge computer. LXS $30,765.

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