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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.

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Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Buying an electric car with at least 300 miles of range is getting more affordable than ever. Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US.

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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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Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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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. ” (Credit: Ford). And if you’ve been pricing electric vehicles lately, you know that they command a premium over non-EVs,” KBB wrote.

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Four Benefits of EV Charging for Hospitality

Blink Charging

EVs are reaching the mass market, and drivers expect to be able to charge their cars wherever they go. million electric cars were sold worldwide in the first quarter of 2023, a 25% increase from the same period in 2022, and the International Energy Agency currently expects 14 million global EV sales by the end of the year.