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Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles 

Electric Vehicles India

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . A proposed US tax credit for new electric bicycle purchases bumped backed up to a full 30%. President Biden’s “Build Back Better” proposal has restored the proposed incentive back to its full 30%.

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Polestar 3 is already on sale with a massive $7,500 purchase incentive

Baua Electric

Ahead of its debut, Polestar is already offering a massive $7,500 purchase incentive on the new electric SUV. Polestar 3 (Source: Polestar) According to a memo sent to dealers viewed by online research firm CarsDirect , all 2024 Polestar 3 models now feature a $7,500 purchase discount.

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NY state launces series of initiatives to encourage adoption of EVs

Green Car Congress

New York State announced a series of broad-scale initiatives to encourage the purchase and to increase the convenience and accessibility of electric vehicles (EV). Drive Clean Rebate Initiative Supporting the Direct Purchase of 11,000 EVs. To date, more than 11,000 rebates have been approved for New Yorkers to purchase electric cars.

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Everyone’s EV

Electric Auto Association

To spread that message, she chose to purchase a new Chevrolet Bolt. “My Fellows set out to purchase the new car in December, when, like now, EVs were difficult to come by. “I We can’t allow the dealers to pull this on buyers. Buyers should be wary of these dealers,” she added. They have a lot of tricks up their sleeves.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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REE’s P7-C electric truck receives CARB credits, eligible for over $100k in incentives

Baua Electric

At the time, REE shared that the electric chassis cab is eligible for the IRS’ Commercial Clean Vehicle Tax Credit in the US, enabling a tax credit of up to $40,000 per vehicle. FTC: We use income earning auto affiliate links.

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Hyundai undercuts Tesla Model 3 by $9,300 with 2024 IONIQ 6 special cash offer

Baua Electric

Hyundai is offering a $7,500 purchase incentive on the 2024 IONIQ 6. It’s essentially like receiving the full EV tax credit with a new purchase. Like the IONIQ 6, Tesla’s Model 3 is no longer eligible for the IRA tax credit. It’s good for all 2024 Hyundai IONIQ 6 trims purchased by the end of the month.

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