The Truth About Cars

DECEMBER 28, 2023

That said, the company is owned, in part, by the Chinese government, making it unclear if anything related to JAC will make its way to North America. While Chinese brands and obscure battery chemistries may never become mainstream in America, this type of movement in the industry is what’s needed to drive adoption to the tipping point.

Sodium 111

Sodium Chinese Battery Powered Lithium Ion 111

Teslarati

NOVEMBER 9, 2023

However, there are still plenty of car buyers who have no intentions of buying an EV, and price is still a big issue for people moving forward, although they have come down substantially. Some EVs have only qualified for half of that amount because they are not completely assembled in North America. In Q3 2023, EVs made up 7.9

North America 114

North America Tax Credit America Affordable 114

EV Life

OCTOBER 21, 2023

The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. As with most government incentive programs, there are a lot of rules and restrictions regarding who qualifies for the credit. However, there’s a catch.

Tax Credit 52

Tax Credit Tax Financing North America 52

Baua Electric

FEBRUARY 1, 2024

The publication wrote: The automaker plans to buy machinery from CATL, as the battery maker is known, and install it in the city of Sparks, said the people, who asked not to be identified. CATL is a Tesla cell supplier, but the US has been wary of Chinese cell manufacturers coming to the US to take advantage of the tax credit.

Building 52

Building Tax Credit Nevada North America 52

Teslarati

JANUARY 11, 2024

The company also shared its intention to expand retail operations in North America and Europe. IRA EV tax credits winning over more auto dealers in 2024 During CES 2024, Henrik Fisker told Automotive News that the electric vehicle (EV) manufacturer intends to sign with 50 car dealerships by the midyear.

Fisker 108

Fisker Dealers For Sale Auto 108

Green Car Congress

JANUARY 18, 2023

This factor measures the proportion of new-vehicle buyers who have an EV purchase option that meets their buying needs, reflective of factors like price, manufacturer origin, segment and other inputs. Availability.

Power 199

Power Powered Gas Vehicles 199

Teslarati

JUNE 5, 2023

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. Tesla told Panasonic it would buy as many battery cells as Panasonic could make.

Nevada 99

Nevada Kansas Battery Batteries 99

Baua Electric

JANUARY 31, 2024

Photo: Electrify America Volkswagen of America (VW) today announced that its 2023 ID.4 4 will now include Plug&Charge at Electrify America (EA) charging stations. 4s One of the benefits of buying an ID.4 4 is that owners get three years of unlimited free 30-minute DC fast-charging sessions with Electrify America.

Plug 52

Plug Charging DC Solar 52

Blink Charging

NOVEMBER 2, 2023

Expanding Battery Manufacturing Capacity in North America In North America, the United States is the leading market for lithium-ion batteries. Now EVs must meet minimum requirements for the critical minerals extracted or mined and battery components manufactured or assembled in North America.

2008 52

2008 Market Lithium Ion Battery 52

The Truth About Cars

SEPTEMBER 22, 2023

Hyundai is offering customers willing to buy an all-electric vehicle a Level 2 home charger for no extra cost. While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. or from a free-trade agreement partner.

Hyundai 105

Hyundai Industrial Industry United Kingdom 105

Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. More on that below.

Tax Credit 52

Tax Credit Tax Electric Vehicles Vehicles 52

Baua Electric

JANUARY 16, 2024

“Mainstream consumers are already hesitant to buy an EV, and this news only supports their concerns.” German rental firm SIXT said on Tuesday it signed a multi-billion euro deal with Stellantis to buy up to a quarter of a million vehicles. The value of used EVs has dropped 33.7%

Auto 52

Auto Sale Market Cars 52

Teslarati

MARCH 23, 2023

government’s tax credit for consumers to buy electric vehicles has been a significant driver regarding the demand for EVs. an automaker must assemble the EV in North America, but with the expected changes, the vehicle’s batteries must also be sourced domestically.

Tax Credit 136

Tax Credit Tax Tesla United States 136

Baua Electric

JANUARY 10, 2024

Fiat’s new 2024 500e (source: Stellantis) To be frank, Americans don’t buy Fiats. It starts at a reasonable $32,500 plus a $1,595 destination fee, although it’s not eligible for the $7,500 federal tax credit. The brand sold only a few hundred cars in the US last year.

Solar 52

Solar Italy Europe Tax Credit 52

EV Adoption

MARCH 3, 2021

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.

Volvo 95

Volvo All-Electric Tax Credit Fisker 95

Baua Electric

MAY 3, 2024

Department of the Treasury and Internal Revenue Service (IRS) updated the EV tax credit rules today with new requirements that should enable more electric cars to become eligible. It required for the vehicles to be assembled in North America to get the credit. Today, the U.S.

Tax Credit 52

Tax Credit Tax North America Electric Cars 52

EV Life

MAY 5, 2023

You should consult your own tax, legal and accounting advisors before engaging in any transaction. Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car.

Tax Credit 52

Tax Credit Tax Dealers Personal 52

Revenge of the Electric Car

FEBRUARY 26, 2009

Regardless, once the $7,500 tax credit is accounted for, and the much lower maintenance costs, these should be about the same as buying a gas car, only the fuel will be less than a dollar a gallon equivalent. Buying one of these will cost about half what the Tesla Model S will cost and you can get it a full year earlier.

2010 150

2010 Nissan Tennessee Tax Credit 150

Blink Charging

MAY 9, 2023

It’s a new car-buying season and many new car buyers want to take advantage of the federal government’s electric vehicle tax incentives. To help, we have compiled some of the most common frequently asked questions asked by dealership customers and new EV owners before buying their first EV.

DC 52

DC Charging Plug-in Price 52

Revenge of the Electric Car

APRIL 20, 2010

After a federal tax credit and state rebate, the price of these cars will come out at around a cool 20k. The Leaf’s suggested retail price of $32,780 drops to $25,280 after a $7,500 federal income tax credit. But that also qualifies for a 50 percent tax credit, dropping the cost to $1,100.

Nissan 160

Nissan San Jose Tax Credit Tax 160

Clean Fleet Report

MARCH 2, 2023

The philosophy of quality and expectations need to be met, as Genesis is an unknown entity to much of the car buying public. All base pricing includes the mandatory $1,125 destination fee, and qualifies for the federal $7,500 tax credit and any state rebates.

Hyundai 92

Hyundai Alabama South Korea All-Electric 92

Clean Fleet Report

FEBRUARY 3, 2024

If you buy and drive the Leaf SV Plus for how it was designed, expect to be grateful for the latter. Contact your tax advisor before considering a Leaf purchase so you are completely clear on the tax credits and rebates. If you haven’t heard the stories, people buy the Leaf just for this benefit.

Nissan 63

Nissan Tax Credit Dealers Tax 63

Green Car Congress

FEBRUARY 10, 2015

In January, Volkswagen of America and BMW of North America, together with ChargePoint, announced an initiative to create more express charging corridors along heavily-traveled routes on the East and West Coasts; specifically to install nearly 100 DC Fast Chargers across both coasts aiming to have charging sites no more than 50 miles apart.

America 150

America 2016 Charging Gas-Electric 150

Charged EVs

AUGUST 1, 2023

The few companies that have access to graphite mines in North America are the belles of the EV ball at the moment. Fast forward to today and Westwater is building a graphite plant in Alabama, and people are eager to buy our capacity. One of these materials is graphite, which is the main ingredient in EV battery anodes.

Alabama 52

Alabama Building Tax Credit China 52

Blink Charging

OCTOBER 31, 2023

Federal Incentives for Purchasing an EV Among the federal government’s incentives for drivers, you can find tax breaks for both new and used EVs that are in place until the end of 2032. Beginning in 2024, the consumer clean vehicle tax credits can be available at the point of sale by transferring your credit to the dealership.

Tax Credit 74

Tax Credit Tax Purchase Alternative Fuels 74

Charged EVs

FEBRUARY 23, 2021

Late last year, Volvo launched its very first all-electric model in North America. Under current rules, that means up to 200,000 Polestar vehicles will be eligible for the full $7,500 federal income-tax credit. In 2019, Volvo launched the XC40 compact crossover, a boxy but stylish compact SUV with a 2.0-liter

Recharge 75

Recharge Volvo New York City Gasoline-Electric 75

Charged EVs

FEBRUARY 6, 2024

The Inflation Reduction Act heavily incentivizes production of battery raw materials in North America, and OEMs and battery makers are rushing to establish production of cathode active materials and precursors in the region. Charged spoke with Robert Privette, Umicore’s Business Development Manager for North America.

North America 95

North America Battery Batteries America 95

Cars That Think

MARCH 12, 2023

Things are moving in the right direction in North America and Europe, but it’s too little too late at the moment, and the West is collectively scrambling to meet demand.” But for the time being, you need both batteries and engines, because people will be buying both,” Brinley says.

Battery 96

Battery Batteries Supplies GM 96

Teslarati

SEPTEMBER 4, 2022

The research directly contradicts and challenges a statement by Jack Hollis, the executive vice president of sales at Toyota Motor North America. That’s a function of how automakers understand what consumers want to buy. Everyone thought the EV tax credit was dead and done. EV adoption in the U.S.

Tax Credit 103

Tax Credit Boston Consulting Group 2018 Tax 103

Baua Electric

FEBRUARY 6, 2024

The Inflation Reduction Act heavily incentivizes production of battery raw materials in North America, and OEMs and battery makers are rushing to establish production of cathode active materials and precursors in the region. Charged spoke with Robert Privette, Umicore’s Business Development Manager for North America.

North America 52

North America Battery Batteries Charging 52

Cars That Think

DECEMBER 23, 2022

For example, to receive the full $7,500 tax credit available , 40 percent of a battery’s critical minerals must be extracted from or processed in the United States or a US free-trade agreement partner, or be recycled in North America; 50 percent of the battery components must be manufactured or assembled in North America before 2024.

Sale 88

Sale Tax Credit Tax Congo 88

Teslarati

FEBRUARY 27, 2024

I just can’t emphasize this enough: that the vast majority of people buying a car is about the monthly payment. The Inflation Reduction Act (IRA) of 2022 aims to encourage companies to invest in North America or nations with US trade agreements. Any EVs with components are not eligible for the IRA’s EV tax credits.

BYD 112

BYD Market United States F-150 112

Charged EVs

SEPTEMBER 27, 2021

But for North America, it’s the big dog, the quintessential Jeep 4×4. One “Jeep guy” wrote, “I didn’t buy the 4xe because it was a hybrid. He bought the 4xe, he said, because it was more powerful than the rest of the range, and with the federal income-tax credit, it hadn’t cost him any more.

Jeep 110

Jeep Plug-in Plug Hybrid 110

Baua Electric

FEBRUARY 3, 2024

Postal Service announced last week that it will buy six electric vans from the startup Canoo for its delivery fleet. The survey claims to have found that dealers are particularly concerned about proposed EPA emissions rules and surprisingly uninterested in even registering for the EV tax credit as a point-of-sale rebate.

Plug-in 52

Plug-in GM Ford Plug 52

The Truth About Cars

AUGUST 10, 2023

While alleged experts have certainly proven their fallibility in recent years, there are reasons to buy into the claim. However, government incentives (EV tax credits) have made them more attractive in the general sense. That’s been enough to make it one of the top ten best-selling automobiles in North America.

Tax Credit 98

Tax Credit Automobile Gasoline-Electric Supplies 98

Cars That Think

OCTOBER 26, 2021

If you don't include bathrooms and buying salty snack foods and sugary sodas and lottery tickets, your desktop can be as little as eight or ten minutes, whereas you may spend 30 or 40 minutes every 200, 250 miles in your Tesla. But Nissan has announced that for North America, they too are converting over to CCS.

Electric Vehicles 95

Electric Vehicles Charging Vehicles Electrical 95

Cars That Think

OCTOBER 26, 2021

If you don't include bathrooms and buying salty snack foods and sugary sodas and lottery tickets, your desktop can be as little as eight or ten minutes, whereas you may spend 30 or 40 minutes every 200, 250 miles in your Tesla. But Nissan has announced that for North America, they too are converting over to CCS.

Electric Vehicles 93

Electric Vehicles Charging Vehicles Electrical 93