The Truth About Cars

JANUARY 10, 2024

After several months of spy shots and looking at the updated Tesla Model 3 in European markets, the car is finally available in North America. Tesla added the car to its online configurator without much fanfare, but there are plenty of changes to the automaker’s popular sedan.

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CleanTechnica EVs

APRIL 8, 2023

It has also added a RWD version of the Model Y for North America. Tesla has juggled its prices once again, lowering the price of the Model 3 RWD by $1,000 and the Model Y by $2,000.

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Electrek

DECEMBER 2, 2022

The Inflation Reduction Act , the major climate bill, was signed today , changing the availability of electric vehicle tax credits. Now, only EVs assembled in North America qualify for the credits. Today the US government released a preliminary list of which vehicles currently qualify for the $7,500 EV tax credit.

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Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

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EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. Alternatively, the batteries can be produced from materials recycled in North America. has a free-trade agreement.

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Green Car Congress

MAY 11, 2023

Cirba Solutions, a comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, selected global professional services company Jacobs to expand manufacturing capacity for sustainable electric vehicle (EV) battery materials across North America.

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Blink Charging

JANUARY 19, 2024

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.

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Teslarati

MAY 18, 2024

. “Normal wear and tear indicative of the age and mileage of the car should be expected.” Credit: Tesla Credit: Tesla Tesla began offering demo drives for the newly refreshed Model 3 in January, shortly after debuting the vehicle design in North America for the first time.

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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 the U.S.,

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Teslarati

JANUARY 17, 2024

Tesla has officially launched its refreshed Model 3 in North America, and though initial deliveries of the vehicle are already set to go out in the coming months, the automaker doesn’t yet appear to be producing very many of the vehicles. Earlier this month, Tesla launched the upgraded Model 3 in the U.S.,

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Teslarati

SEPTEMBER 17, 2022

Earlier this week, the Wall Street Journal reported Tesla was planning to delay battery cell production outside of the United States as recently-signed tax credit plans benefit domestic battery manufacturing. car manufacturer Tesla continues to produce batteries in Grünheide (Oder-Spree) in Brandenburg.

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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. Yiwei, a new brand for the automaker in 2023, announced a 157-mile EV, but it’s hardly a car Americans are known to flock to, as it’s a tiny five-door hatch.

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Teslarati

JUNE 20, 2023

Tesla stock ( NASDAQ: TSLA ) popped more than 3 percent on Tuesday after news of its collaboration with Rivian ( NASDAQ: RIVN ), which will see the latter automaker adopt the former’s North American Charging Standard (NACS) for its vehicles. vehicles helped Tesla regain the full $7,500 credit for all three cars.

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The Truth About Cars

MARCH 28, 2024

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. With an eye on reducing America’s dependence on Chinese batteries and materials, the Act incentivizes automakers to source materials from free-trade-compliant countries and build EVs in North America.

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Teslarati

APRIL 14, 2024

The Anaheim Police Department is set to begin a pilot program for six Tesla Model Y units on Monday, as the agency responds to a shortage of patrol cars. Due to our patrol vehicle shortage, we had to seek out alternative vehicle options, which led us to explore utilizing Teslas as police vehicles,” Armendariz said. “We

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EV Life

OCTOBER 21, 2023

As we enter the age of the electric car, federal and state governments have created a variety of programs , rebates, and grants to incentivize drivers to make the switch to zero-emission vehicles. Two sections of the law, 30D and 45W, detail individual tax credits and commercial tax credits, respectively.

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Teslarati

JANUARY 11, 2024

“I went to my accounting department and asked what is the cost of selling a car? The company also shared its intention to expand retail operations in North America and Europe. “People have paid and are waiting for their cars, and some of them are getting annoyed,” said Henrik Fisker.

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Baua Electric

JANUARY 17, 2024

Governments in North America and Europe are seriously concerned about China’s growing dominance of the EV industry. Chinese automaker BYD recently surpassed Tesla as the world’s leading seller of EVs, and it’s only one of several Chinese-owned brands that are already selling cars in the US and the EU.

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Blink Charging

DECEMBER 19, 2023

Specifically, BlueLA powered by Blink Mobility prioritizes affordable EV car sharing in cities, while Envoy concentrates on offering sharing services as an amenity in apartments, hotels, and workplaces. Like the tax credit for new EVs, the used EV tax credit included an AGI cap and must be sold by a licensed dealer.

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Baua Electric

APRIL 1, 2024

battery-supply deal with China’s CATL, Car News China reports. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S. car manufacturing.” General Motors is negotiating a U.S.

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Baua Electric

JANUARY 25, 2024

The company saw solid sales growth across key markets, including North America, Europe, and India. Hyundai expects to sell around 300,000 electric cars in 2024, or about 12% growth from last year. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit.

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Green Car Congress

AUGUST 8, 2022

The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. The credit will be available at the point of sale.

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Baua Electric

MARCH 28, 2024

With 62,045 Chevy Bolts sold last year, the electric car accounted for over 81% of GM’s EV sales. According to Barra, it will be the first Ultium EV in North America to feature LFP batteries. Both automakers look to sidestep federal regulations requiring EV batteries to be produced in North America to qualify for a tax credit.

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Teslarati

JANUARY 23, 2023

Uchida stated that the growing popularity of electric vehicles is actually being driven by an increase in competition and the availability of more electric cars in the market. He also highlighted the role of regulations and government incentives in creating a favorable environment for the adoption of electric cars.

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Baua Electric

JANUARY 16, 2024

“The larger impact of Hertz EV fire sale is the perception hit to the technology,” said Karl Brauer, analyst at used-car aggregator iSeeCars.com. Now their image could take another hit as rental giant Hertz dumps 20,000 of them, including Teslas, for gas-powered cars. Hertz, the largest U.S.

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Teslarati

OCTOBER 3, 2022

With the release of Hyundai North America’s US sales report today, it is clear that Hyundai/ Kia was able to increase EV sales in Q3 dramatically. Credit: Hyundai. Growth metrics for the vehicles were not yet available from the brands because neither car has been on the market for a year.

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Baua Electric

JANUARY 31, 2024

EA is the largest open DC fast-charging network, with over 900 stations and more than 4,000 chargers in North America. Manufactured in Chattanooga, Tennessee, It qualifies for the $7,500 Inflation Reduction Act tax credit. 4 AWD Pro S, so I’m pleased to see Plug&Charge finally available for my car. The 2023 ID.4

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All Cars Electric

APRIL 20, 2011

It’s a shame BMW North America President and CEO Jim O’Donnell seems to have forgotten that fact while taking part in a public event. In the rulebook of product promotion, remembering to not say horrible things about your product has to be number one.

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Teslarati

JUNE 9, 2023

Tesla ( NASDAQ: TSLA ) and General Motors’ deal that will see the Detroit-based automaker utilize 12,000 Supercharger locations in North America and eventually adopt the North American Charging Standard (NACS) connector helped Wedbush push its price target on Tesla stock upward on Friday, analysts from the firm said.

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Baua Electric

MARCH 12, 2024

One of the biggest upgrades is the addition of Hyundai’s Connected Car Navigation Cockpit, including Wireless CarPlay and Android Auto. 2025 Hyundai IONIQ 5 N (Source: Hyundai) Hyundai to add rugged IONIQ 5 XRT trim Now, we are learning Hyundai is reportedly planning to launch a rugged XRT variant in North America.

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Teslarati

APRIL 29, 2023

By choosing to lease a selected EV instead of purchasing it outright, a car buyer can still receive a full EV incentive for vehicles that would, under the new battery sourcing requirements, not qualify for the full amount or no incentive at all. The loophole identified by Bloomberg’s newest report is leasing.

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Baua Electric

JULY 5, 2023

MORE SUBSIDIES NextStar sought after extra executive aid then the US introduced in August 2022 pristine manufacturing tax credit for EV battery makers as a part of the IRA. regulation, battery makers get a tax credit score of U.S. $35 Below phrases of that U.S. Via 2033, they are going to be eradicated. Thomas, Ont.

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Baua Electric

APRIL 28, 2024

. “While we saw drops in EV battery shipment in the first quarter caused by customers’ battery inventory adjustment, we expect to see improved market environment backed by launches of new EVs in North America,” SK On Chief Financial Officer Kim Kyunghoon said in a post-earnings conference call.

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EV Life

JANUARY 4, 2024

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Green Car Congress

MARCH 7, 2012

Tax credits. The program would also support the development of up to 5 regional Liquefied Natural Gas (LNG) corridors where alternative fuel trucks can transport goods without using a drop of oil.

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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.

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