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KPMG survey finds global auto execs expect ICE dominance for some time; ICE downsizing and PHEVs to receive greatest investment over next 5 years; mobility-as-a-service in cities

Green Car Congress

Around 40% of Chinese and 37% of Brazilian manufacturers and suppliers are investing the largest proportion of their powertrain resources in ICE optimization, according to the survey. Volkswagen (at number one) and BMW are the only two providers from ‘mature’ economies in the list of top 10 fastest growers. million in China, 2.5

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Lucid Gravity drive, Acura ZDX review, Jeep plug-in hybrid pickup: The Week in Reverse

Baua Electric

The Jeep Gladiator 4xe PHEV arrives just after a report suggested the brand was considering a hybrid version of its Recon, which at least at launch will be a fully electric model. But foreign entity of concern requirements that will keep Chinese automakers and suppliers out are remaining in place.

Acura 52
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The electric year ahead: Every new EV coming to Australia in 2024

EV Central

At that price it just sneaks in under the government’s FBT exemption, which allows for electric cars below $89,332 to pay no fringe benefits tax when purchased via a novated lease. Due in the second quarter, the BYD Seal U is available globally as a plug-in hybrid EV (PHEV) and a fully electric model. BYD Seal U BYD Seal U.

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Impact of Proposed Changes to the Federal EV Tax Credit – Part 1: Summary Chart

EV Adoption

A key component of the CEAA is nine proposed changes to the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) — more commonly known as the “federal EV tax credit.”. I’ve written extensively on the tax credit and especially its many flaws, ineffectiveness, and areas in the regulations that desperately need fixing.