The Truth About Cars

MARCH 6, 2024

Tesla might not be the most dominant EV maker in the world, but it’s on top of the market here in the United States. BMW is hoping to take some of the shine off of Tesla’s crown with a new incentive that gives buyers a $1,000 discount to buy one of its new EVs.

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The Truth About Cars

APRIL 19, 2023

Though it’s now cheaper to buy a new Tesla Model 3 or Model Y, some are eligible for federal tax credits, making them even more appealing. Some Model 3s are only eligible for half the credit because of battery materials sourcing rules, but the automaker’s domestic battery production efforts and large U.S.

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Clean Fleet Report

JUNE 15, 2021

You can now purchase an electric vehicle at a fair price due to the existing tax credits. The federal tax credit exempts allows you to deduct up to $7,500 from the vehicle’s initial cost. State and local tax credits and incentives can help reduce the price further. High Resale Values.

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The Truth About Cars

FEBRUARY 1, 2024

A recent survey, conducted by Automotive News , has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. Only 8 percent of respondents said no, with 9 percent claiming they were unsure.

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Baua Electric

JANUARY 23, 2024

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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Clean Fleet Report

MARCH 2, 2023

Is an EV Genesis, the luxury division of Hyundai Motor Group, began this past week producing its first model in the United States at the sprawling HMG factory in Montgomery, Alabama. The philosophy of quality and expectations need to be met, as Genesis is an unknown entity to much of the car buying public.

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Teslarati

FEBRUARY 27, 2024

China’s top new energy vehicle manufacturer, BYD, has no plans to enter the United States auto market. “Complications” in the US EV Market Li explained BYD’s reasons for staying out of the United States EV market. . “Everything is complicated.

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