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Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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‘Hatchbacks are here to stay; no guarantee that SUVs will remain popular in the future’: RC Bhargava | Autocar Professional

Baua Electric

With the expected comeback of small cars by 2026, Bhargava says that the current dominance and popularity of SUVs is a trend that might or might not last in the future. However low the cost of operations becomes; the buyer still has to find the money to buy the car initially. But one thing is clear: Hatchbacks are here to stay.

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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. Its SUV-leaning shape and fresh attitude also contribute to the Mach-E’s value to both Ford and to the emerging EV landscape.” ” (Credit: Ford).

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Polestar announces ‘Made in America’ EV production start date

Teslarati

While these tax incentives were previously reasonably straightforward, with the passing of the Inflation Reduction Act, things got a lot more complex, requiring EVs to be manufactured in North America (among other requirements) to qualify for incentives. This stems from Polestar’s unique connection with its parent company Volvo.

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What EV Drivers Should Know About Leasing an EV This Year

Blink Charging

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America. Vehicle must be used primarily in the United States.

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Rivian cuts prices on its base R1T and R1S ahead of R2 launch

Teslarati

After Rivian added two new range options for the R1T and R1S last week, the electric truck and SUV maker has also cut prices on some of its lineup. “Price continues to be a leading factor in why people don’t buy EVs, so anything Rivian can do to lower that barrier is a good idea.”

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Mahindra & Mahindra’s double play: Sustaining ICE, accelerating EVs | Autocar Professional

Baua Electric

Of the Rs 27,000 crore plus that M&M plans to invest in its automotive business in the next three years, Rs 14,000 crore will be kept for the ICE vertical – primarily for bringing out new and refreshed SUV models. Out of the nine SUVs, six will be all-new products and three will be mid-cycle enhancements. People buy ‘wow’ products.

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