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Why Car Dealerships Should Invest in Public Charging

EV Connect

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. Like GM, dealers that make the move today are setting themselves up to remain competitive moving forward.

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What EV Drivers Should Know About Leasing an EV This Year

Blink Charging

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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Nevada the site for the Tesla Gigafactory pending legislative approval of incentive package estimated at up to $1.25B over 20 years

Green Car Congress

Elements of the agreement include abatements, tax credits, an economic development rate rider, and an agreement on direct sales. Abatements: Up to 100% abatement of Sales Tax until 30 June 2034. Up to 100% abatement of Real Property Tax until 30 June 2024. Up to 100% abatement of Modified Business Tax until 30 June 2024.

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Kia EV9 wins, Fisker franchises, Tesla tops BYD, leather in EVs: The Week in Reverse

Baua Electric

Which EVs made the tax-credit shortlist in 2024? 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. The plan will include up to 50 dealers in the U.S.

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Ford just opened orders for its enhanced-range E-Transit

Baua Electric

As my colleague Jameson Dow explained in March , “When connected to a suitably quick charger, this means a 2024 E-Transit (low roof model) can get 67 miles of range in 15 minutes, an improvement of 49% over the previous model.” Ford E-Transit orders can be placed through a Ford dealer.

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REE electric truck gets US nod for by-wire steering, braking, driving

Baua Electric

The first vehicles are “demonstration” models going to dealers and fleets, the startup noted, adding that it expects P7-C trucks to qualify for a federal tax credit of up to $40,000 per vehicle, and over $100,000 in total incentives with state-level credits factored in.

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More than a third of US EVs are sold in California

Baua Electric

California New Car Dealers Association, Q4 2023 – data from Experian Automotive The update, coming from the California New Car Dealers Association, in a report out last week citing Experian Automotive data, notes that EV sales from franchised dealerships were up 94% from 2022 to 2023, while direct sellers posted a 29% rise.