Electric Vehicles India

NOVEMBER 1, 2021

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . Yamaha Motor and Hero Motors Limited have signed an agreement that they will jointly establish a company to manufacture hub-mounted drive units for electric bicycles. The bicycle market in India is valued at USD 0.9 Ampler Bikes raises €7.4M

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Baua Electric

JANUARY 30, 2024

Ford is instituting big discounts on the Mustang Mach-E for fleet customers, as well as a new program that allows dealers to use inventory as rental cars. The discount, which matches the amount of the federal EV tax credit the Mach-E no longer qualifies for, is reportedly aimed at spurring sales. 30, reports CarsDirect.

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Teslarati

JULY 11, 2023

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. Electric cars currently account for about 6.5% of the country’s automotive sector.

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Blink Charging

JANUARY 19, 2024

million domestic sales, to an anticipated 10% by the close of 2024 in the U.S. Here’s what you need to know about using the EV tax credit to lease your new electric vehicle. Clean Vehicle Credits and Leasing The Inflation Reduction Act is a pivotal legislation reshaping the electric vehicle tax credit.

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EV Connect

FEBRUARY 8, 2024

which is almost 8 percent of vehicle sales. Leading auto dealers see that the near-term trend is electric and are adopting their businesses to sell more EVs. According to data from iseecars.com, Non-Tesla new car dealers selling electric vehicles in the U.S. 2023 was a record year in EV adoption, with 1.2 increased from 1 6.5

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Baua Electric

JANUARY 30, 2024

Nearly 55,000 Polestar 2 sedans were sold last year , but the company expects its electric SUV to make an even bigger impact. Polestar 3 (Source: Polestar) According to a memo sent to dealers viewed by online research firm CarsDirect , all 2024 Polestar 3 models now feature a $7,500 purchase discount.

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Baua Electric

JANUARY 25, 2024

With this, Hyundai’s global EV sales reached 268,785 in 2023. Hyundai attributed the growth to higher sales of its dedicated IONIQ EVs. The company saw solid sales growth across key markets, including North America, Europe, and India. 2024 Hyundai IONIQ 6 Limited (Source: Hyundai) The company said 99.9%

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EV Adoption

JUNE 21, 2022

But assuming you can get your hands on one, roughly two-dozen BEVs and PHEVs available for sale in the US this summer have a base manufacturer’s suggested retail price (MSRP) of less than $45,000. Now of course it is important to point out several things: The base MSRP does not include delivery fees or taxes. Source: Hyundai.com.

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Baua Electric

APRIL 25, 2024

After hybrids accounted for a larger share of sales in the first quarter , Hyundai plans to add hybrid production at the facility. “It It is because we need to cope with sharply rising hybrid demand,” A Hyundai executive said on the company’s Q1 earnings call (via Nikkei Asia ). Hyundai’s total auto sales fell 1.5% vs. 15.9%).

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Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? Which company faced a $1.7 2024 Rivian R1S A preliminary list of 2024 EVs qualifying for the tax credit was released early this week by the EPA, and as expected there are very few models qualified for the full $7,500 amount.

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Teslarati

JULY 5, 2023

While the overall car sales to dealers are projected to decline by 5.9% in June compared to the previous year, the CPCA still anticipates a 30% rise in new-energy vehicle sales this year. Some set new monthly sales records in June. The favorable conditions in the market are not exclusive to Tesla.

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Baua Electric

MARCH 1, 2024

Deliveries of the company’s flagship Ocean SUV continued to grow last year as Fisker unveiled three additional models in its pipeline. However, Fisker faced several software issues in customer Oceans, and sales were lower than anticipated. Fisker Q4 numbers tell a grim tale. Can it bounce back? Let’s dig into the numbers.

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Green Car Congress

AUGUST 26, 2013

Nissan LEAF sales in the United States are up by 335% year-over-year since the launch of the enhanced 2013 model in March. —Erik Gottfried, Nissan director of EV Sales and Marketing. Georgia has a tax credit worth up to $5,000 for zero-emissions vehicles. area, Maryland offers a $1,000 EV tax credit.

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Blink Charging

DECEMBER 19, 2023

It’s been a great year with company record-breaking sales and big increases in our membership. There are now nearly 460,000 Blink members, and we are already planning celebrations for our next sales and membership milestones. 2023 is nearly at its end, and the Blink team is working hard to bring EV charging everywhere.

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EV Adoption

JANUARY 22, 2022

I say apparently as a PR person with Stellantis, the parent company of Jeep, stated the following to me in a January 18 email: I can tell you that it is true, we were the best selling plug-in hybrid SUV last year in the US. So, we do know the sales numbers for most of the top-selling EVs and a strong sense of the two top-selling Tesla models.

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Baua Electric

JANUARY 3, 2024

2023 Chevy Bolt EUV (Source: Chevrolet) GM has released its Q4 sales numbers , showing Ultium still ramping steadily, but overall EV sales are down as its best-selling model, the Bolt, winds down as Chevy takes it off the market in its best year of sales ever – leaving GM with only 3.1% EV share, well below the US average.

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Baua Electric

APRIL 23, 2024

4% of Toyota’s total US sales, and much less than the number of EV sales from much smaller companies. Part of the reason for these lease offers is due to the Inflation Reduction Act’s EV tax credit, which is also available (and in fact, even easier to get ) on a lease.

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Baua Electric

JANUARY 16, 2024

A dealer bulletin shows that all versions of the 2024 Ioniq 6 are eligible for $7,500 in “retail bonus cash”—a rebate that can essentially be applied only to purchases, and not with Hyundai’s current low-interest financing, CarsDirect notes. So it appears that the company wants to stay very competitive on price.

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Baua Electric

JANUARY 12, 2024

Israeli startup REE Automotive on Thursday announced that its P7-C electric chassis-cab truck is the first vehicle with entirely by-wire controls to be certified for sale in the U.S. REE P7-C electric truck While it’s not the first company to develop a skateboard platform, REE has been among the quickest to commercialize it.

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Baua Electric

FEBRUARY 8, 2024

Kia, Hyundai’s sister company, revealed plans to launch two electric trucks. Hyundai Santa Cruz crossover truck concept (Source: Hyundai) Electrek’s Take After selling nearly 269,000 EVs last year, Hyundai looks to top it in 2024 with around 300K in electric vehicle sales. However, the “IONIQ T10” suggests this is a Hyundai model.

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EV Adoption

JANUARY 8, 2022

Among electric vehicles from automakers that report specific sales numbers for their EV models, the Toyota RAV4 Prime PHEV was tops in the US in 2021 with 27,3707 units sold. Another top-selling EV beyond Tesla models that is not included is the Jeep Wrangler 4xe PHEV, which likely saw 2021 sales of between 20,000-25,000.

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Baua Electric

JANUARY 3, 2024

After customer complaints over its software issues, which sparked a halt on sales right before Christmas, General Motors has now issued a small safety recall , which includes the Chevrolet Blazer EV, for vehicles that may have defective doors that could fly open while driving. So the company has definitely seen better days.

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Teslarati

FEBRUARY 9, 2022

The numbers from the California New Car Dealers Association’s new report would show that Musk is perhaps onto something. At the top of the state’s car sales was the ubiquitous Toyota Camry, which sold 61,599 units in 2021. Numbers and performance-wise, the Tesla Model Y is the company’s most conservative vehicle.

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Baua Electric

JULY 3, 2023

.” “Our production is up and we’ve been able to sell that because our sales are up year over year, but we’re not building dealer stock,” he stated. Call for for the EV6 and Niro EVs continues to slip because of the lack of the $7,500 tax credit score, however Watson says he sees fix in the second one part.

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Blink Charging

FEBRUARY 1, 2024

Automotive dealerships must prioritize upgrading their electric infrastructure to support the anticipated increase in electric vehicle (EV) sales, projected to reach 2.5 million per year in 2028. Installing a BESS on-site helps alleviate this grid demand for EV charging.

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Blink Charging

JANUARY 4, 2024

Lastly, if you find an ICE vehicle parked at a charger, consider calling the station host who may be able to call a tow company or levy a fine on that vehicle. Starting this year, the Clean Vehicle Credit for new or used EVs can now be applied at the point of sale. Considering a home charger?

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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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EV Connect

AUGUST 22, 2022

Electric vehicle sales continue to surge forward. million global EV sales in 2021, the International Energy Agency (IEA) reported that EV sales were already up 75% year over year in the first quarter of 2022. Not only that, but many automakers are prioritizing dealers who invest in more charging stations for more EV inventory.

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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. Removing the cap on the number of vehicles per manufacturer eligible for the credit and, instead, ramping down and eventually eliminating the credit at the end of the decade. EV Everywhere. EV Everywhere is the second in a series of Clean Energy Grand Challenges designed by the DOE.

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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

FEBRUARY 3, 2024

Nissan stresses that ProPilot Assist is not autopilot, which no car company has, including the one that fled California for Texas. Depending where you live and your taxable income, you could reduce your final cost through federal, state, and utility company programs. The standard Leaf S could cost even less to drive off the dealer lot.

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Clean Fleet Report

MARCH 2, 2023

Parent company Hyundai has been building cars and SUVs in America for the American market at the Montgomery plant for almost two decades, but Genesis has relied on all its vehicles to be imported from South Korea. But he continued: “customers are waiting” for the Electrified GV70 as the gasoline GV70 is the best-selling Genesis model.

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Teslarati

OCTOBER 6, 2023

Government expanded the electric vehicle tax credit program and access to those credits to help dealers expand their businesses and consumers take advantage of cost savings for buying an EV. Vehicles that qualify for this new guidance under the IRA must be purchased under the consumer clean vehicle credit.

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Cars That Think

MARCH 12, 2023

With all that in mind, the company is developing its next generation of batteries. Extrapolating from company targets, a future compact-size Lucid—think the size of Tesla Model 3 or Model Y—could decisively downsize its battery without sacrificing useful range. population lives within 16 kilometers of a GM dealer. amp-hours.

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EV Adoption

MARCH 19, 2021

4 as part of the company’s “ID.4 And if you subtract the $7,500 federal EV tax credit available for the ID.4, The reality is most potential EV buyers have done their research in advance of visiting a dealer and have an idea if an EV is right for them. Volkswagen ID.4 But the ID.4

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Baua Electric

FEBRUARY 28, 2024

4 does currently qualify for the full $7,500 US federal EV tax credit – the only car made by a foreign automaker to qualify, due to local production in Chattanooga, Tennessee – and the credit is now available upfront at the point of sale. This makes the 62kWh version quite attractive at a ~$32k base price after credit.

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