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Proposed 30% US tax credit for e-bike purchases gains support in Congress

Electrek

Americans are getting closer to a federal tax credit for electric bicycles, a proposal that could be similar in concept to the electric car and motorcycle tax incentives already on the books.

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The base Tesla Model 3 now costs less than the average new car in the US

Teslarati

The Tesla Model 3’s starting price today stands at $42,990, exclusive of the $7,500 tax credit offered to US buyers of electric cars. That’s already in the territory of mainstream cars like the Toyota Camry. At the same time, combustion-powered cars are getting more expensive. trillion globally by 2030.

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Tesla Model 3 named as one of the winners in KBB’s 5-Year Cost to Own Awards for 2022

Teslarati

The Tesla Model 3 was recently deemed by Kelley Blue Book as one of the winners in its 5-Year Cost to Own Awards for 2022. This includes the vehicle’s price, maintenance costs, fuel or charging rates, any state tax, and registration fees, as well as a car’s depreciation over a 5-year ownership period, among others.

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Aston Martin delays the launch of its first BEV

Baua Electric

The UK automaker says it will now launch its first battery-electric sports car in 2026, a year later than scheduled, reports Automotive News Europe. Last June, Aston Martin announced that it was launching four new all-electric cars in four years, starting in 2025 – and relying on Lucid’s EV technology to make it happen.

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

Baua Electric

Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 GM ended production of the affordable electric car as it ramps up output of its Ultium models including the Blazer EV. Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023.

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Elon Musk closes in on $11B options payout amid Tesla’s 7th consecutive profitable quarter

Teslarati

Tesla’s first quarter of 2021 would be one for the books, with the company beating Wall Street’s expectations for Q1 revenue and profit, boosted by record deliveries, some robust demand for its locally-produced vehicles in China, and some healthy environmental credit sales.

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Ford Mustang Mach-E captures KBB’s EV Best Buy of 2022

Teslarati

Ford has captured a tremendous accolade with the Mustang Mach-E after Kelley Blue Book announced that the all-electric crossover is the Electric Vehicle Best Buy for 2022. The Ford EV SUV is eligible for the maximum $7,500 federal EV tax credit, plus any other state and local incentives in your area.

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