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EV tax credit rules get extension in big win for automakers

Teslarati

The electric vehicle tax credit rules got an extension on Friday as the U.S. At the beginning of the year, new rules took effect, and several electric vehicles that qualified for the full $7,500 tax credit in 2023 were no longer on the qualifying list. On Friday, the U.S. I’d love to hear from you!

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The Nissan Leaf is Eligible for a $3,750 Tax Credit Again

The Truth About Cars

The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. It’s followed not-so-closely by the Mini Cooper SE, but regaining tax credit eligibility is a significant boost. has a free-trade agreement. Image: Nissan] Become a& TTAC insider.

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Tesla Chair Robyn Denholm calls on Australia to build more battery refineries

Teslarati

While speaking at the annual Minerals Week summit in Canberra, Australia, Tesla Chair Robyn Denholm highlighted the importance of building refineries and factories. Building refineries domestically is the crucial next step,” she said. billion (US$831 million) annually on critical minerals from the country. billion (US$2.8

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President Biden proposes $174B spend on EVs and chargers

Green Car Congress

Among the broad elements of the proposal are: Enabling automakers to spur domestic supply chains from raw materials to parts, retool factories to compete globally, and support American workers to make batteries and EVs.

Climate 268
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Tesla’s newest lineup trims ‘highly volume additive’ on path to 2M annual build rate

Teslarati

” 3/ We expect M-3 LR AWD to quickly become M-3’s best selling trim, since many buyers will not buy a $40K+ car with RWD and M-3 Perf was priced at $53,240. After all, more range for $6,000 less, before the EV tax credit, is an ideal situation financially. M-Y LR AWD is by far the best selling M-Y trim. million unit goal easily.

Building 104
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Some California Buyers Could Get a Tesla Model 3 for Less Than a New Toyota Camry

The Truth About Cars

Should you buy a Camry, or should you buy a car from Elon Musk? The base Model 3 starts at $40,240, which can drop as low as $25,240 after accounting for the $7,500 federal EV tax credit and the $7,500 California tax credit. The Camry starts at more than $26,000 for comparison. Image: Tesla] Become a TTAC insider.

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Tesla battery supplier Panasonic to increase battery production at Giga Nevada

Teslarati

Increasing battery production at Giga Nevada would likely help Tesla increase its vehicle production capacity and benefit from the Inflation Reduction Act’s (IRA) electric vehicle (EV) tax credits. An executive from Panasonic shared that Tesla approached the Asian battery supplier about battery supply.

Nevada 96