Electrek

FEBRUARY 21, 2023

When one carmaker controls over 60% of the EV market, any price changes can reverberate through the industry. In this case, Tesla’s steep price cuts combined with gaining access to federal tax credits have sent shockwaves through the industry.

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Dealers Price Tax Credit Manufacturer 91

The Truth About Cars

JULY 12, 2023

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.

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Dealers Tax Credit Gas-Electric Supplies 98

The Truth About Cars

FEBRUARY 1, 2024

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. The collective dismay was probably best reflected in the question: “Is the Biden administration pushing the industry to move too fast on EVs?”

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Dealers Auto Durango Tax Credit 105

Teslarati

JANUARY 8, 2024

In what many termed an automotive “price war” early last year , Tesla lowered its prices significantly across its entire vehicle lineup , putting substantial pressure on the rest of the industry. Credit: Cox Automotive IRA EV tax credits winning over more auto dealers in 2024 What are your thoughts?

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Price Market Tesla Tax Credit 121

Teslarati

JULY 11, 2023

As noted by Axios , such inventory corresponds to a 92-day supply, which is almost twice the industry average. For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. A look at Cox’s data showed that some EV brands are seemingly seeing a lack of buyers.

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Tax Credit Hummer Highlander Tesla 145

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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Tax Credit Tax North America Clean 94

Blink Charging

DECEMBER 19, 2023

As we approach the end of 2023, we want to acknowledge significant industry news and the remarkable accomplishments of Blink Charging throughout this year. The North American electric vehicle industry made a monumental shift in the summer of 2023, and Blink is proud to respond with our state-of-the-art charging stations.

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Tax Credit Puerto Rico North America Tax 52

Green Car Congress

OCTOBER 12, 2014

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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Davis Plug-in Plug Sale 290

The Truth About Cars

NOVEMBER 21, 2023

“We’ve been studying this project for the past couple of months, and I think we’re all aware that EV adoption is growing, and we expect that to continue actually, but it’s not growing at the pace that I think ourselves and the industry had expected,” Truby was quoted by Automotive News as saying during a press call. Image: Ford Motor Co.]

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Michigan Ford Batteries Battery 107

Green Car Congress

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge.

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Tax Credit Gasoline Tax Gasoline-Electric 252

Baua Electric

JANUARY 12, 2024

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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Tax Credit Electric Electrical Kia 52

Baua Electric

FEBRUARY 1, 2024

2024 Kia EV9 GT Line (Source: Kia) Kia calls the EV9’s $54,900 (not including destination) starting price an industry “wake-up call.” Kia is building the EV9 in South Korea, but production is slated to move to its West Point, GA, plant early this year to take advantage of the federal tax credit.

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Kia Sale Tax Credit Land Rover 52

EV Adoption

JANUARY 22, 2022

Auto Industry Analyst. Instead, the news and claim has been relegated to Stellantis executive quotes in trade articles and is generally flying below the radar of many in the auto industry — and perhaps more importantly the larger potential PHEV-buying consumer market. Flip a coin.

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Jeep PHEV Tax Credit Sale 98

Green Car Congress

MAY 20, 2021

Arriving in spring 2022, F-150 Lightning will be available in four series and two battery options at more than 2,300 EV-certified Ford dealers across the country, with the option for fleet customers to access Ford’s complete ecosystem of connected data and telematics services via Ford Commercial Solutions.

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F-150 Ford Extended Range Electric 526

Baua Electric

APRIL 22, 2024

Range (miles) Light RWD $56,395 230 Light Long Range RWD $60,695 304 Wind e-AWD $65,395 280 Land e-AWD $71,395 280 GT-Line e-AWD $73,900 270 2024 Kia EV9 trim prices and range Starting under $55,000 (excluding destination), Kia calls the EV9’s starting price a “wake-up call” to the industry. We can help you get started today.

Kia 52

Kia Price Tax Credit Lexus 52

Baua Electric

JANUARY 3, 2024

GM plans to reach out to consumers soon, and owners of the vehicles can take them to GM dealers for a repair full of charge, of course. It has been touted as the latest vehicle to shake up the industry, giving consumers an American-branded vehicle with a decent range and high-performance specs at a moderate price.

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GM Chevrolet Tax Credit Tax 52

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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Tax Credit Tax Personal F-150 52

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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Kia San Francisco Los Angeles Re-Charge 52

Electric Vehicles India

NOVEMBER 8, 2021

It said that it will be helping the businesses set up charging stations for fleets and would “co-invest with industry” to install an estimated 50,000 smart chargers in homes. Also read related article: Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles.

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Australia Tax Credit Smart Charger Climate Change 84

Baua Electric

MARCH 4, 2024

Kia EV9 interior (Source: Kia) Starting at $54,900, Kia calls the EV9 a “wake-up call for the industry.” billion Metaplant to qualify for the $7,500 federal tax credit. You can use our links below to find great deals on Hyundai and Kia EVs at a dealer near you. Can Hyundai match its success so far?

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Hyundai SUV Kia Land Rover 52

Blink Charging

FEBRUARY 1, 2024

Interestingly, a Reuters article from June 2023 humorously quoted energy industry professionals, stating due to the continued use of first-gen EVs, there aren’t sufficient used EV batteries for a second-life battery market yet. Moreover, the U.S.

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Energy Storage Energy Batteries Battery 102

Green Car Congress

AUGUST 9, 2013

Under the terms of the program, NYSERDA approved vehicle manufacturers, dealers and retrofit providers which will receive the vouchers, allowing them to pass on the full incentive in a lower vehicle price to buyers.

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New York New York City Gas-Electric Fuel 270

Green Car Congress

SEPTEMBER 3, 2009

Propane fuel, when compared to diesel and gasoline, provides a reduction in greenhouse gas emissions and has the potential to reduce fuel costs with the federal tax credit of $0.50 Collins Bus Corporation, a subsidiary of Collins Industries, Inc., the Collins Super Bantam). per gallon for propane. Earlier post.).

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USA Corporation Tax Credit Gasoline-Electric 199

Green Car Congress

JANUARY 1, 2011

Increasing political animus towards the ethanol tax credit, which was “ begrudgingly renewed for one year in the lame-duck tax bill.” ” The team suggests that this may be the last extension for the credit. CAGR from 2012 through 2020 to about $250/kWh. CAGR from 2012 through 2020 to about $250/kWh.

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Transportation Gasoline Lithium Ion Gasoline-Electric 250

Green Car Congress

MAY 22, 2013

The interim report considers PEV manufacturers, dealers and customers; the charging infrastructure; and the electric grid. Findings and possible Federal roles for overcoming the barriers include: Manufacturers, dealers and customers.

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Plug-in Tax Charging Automobile Manufacturer 312

Cars That Think

MARCH 12, 2023

IEEE Spectrum asked five industry experts to gaze deeply into their own crystal balls and outline what needs to happen in the EV battery space to wean the world off fossil-fueled transportation and onto the plug. “In population lives within 16 kilometers of a GM dealer. trillion to develop and produce EVs through 2030.

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Batteries Battery Supplies GM 94

Green Car Congress

FEBRUARY 10, 2015

Volkswagen will also invest to support installation of charging stations in certain dealer locations. Sommer’s list of needed measures at the Federal, state, regional and local levels included: Congressional support for a consistent and predictable tax policy for electric drive vehicles and infrastructure.

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America 2016 Charging Gas-Electric 150

Green Car Congress

JUNE 10, 2009

The batteries (which carry an expected 10-year lifetime) are manufactured by Gold Peak Industries North America , a subsidiary of GP Batteries International. The company also intends to complete crash testing of PICC-converted vehicles so that future owners can qualify for green-vehicle tax credits. Earlier post.).

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NiMH Kits Conversion Prius 207

Green Car Congress

FEBRUARY 4, 2011

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

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Plug-in 2015 Plug Recharge 218

Teslarati

JANUARY 8, 2024

The Internal Revenue Service (IRS) has already released the list of EVs eligible for tax credits under the Inflation Reduction Act (IRA). More auto dealers are also signing up for the point-of-sale EV tax credits.

Tax Credit 114

Tax Credit Oklahoma Batteries Battery 114

Green Car Congress

JUNE 14, 2010

When he proposes steps to improve oil industry safety, we hope he won’t say, “Let’s make sure this never happens again.” Well, America’s auto industry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the auto industry will be building more efficient new vehicles.

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Oil Conversion 2020 Oil-Sands 252

Baua Electric

DECEMBER 31, 2023

But it was a year of tough questions to accompany vast market change as an industry refocused. After Tesla’s November 2022 appeal that other automakers use its connector, renamed NACS , industry rumors in the first quarter of the year suggested several niche automakers were considering the shift to NACS. Dealers aren’t ready either.

Tax Credit 52

Tax Credit F-150 GM Ford 52

The Truth About Cars

AUGUST 10, 2023

Those who follow the automotive industry will have undoubtedly noticed that dealer inventories are slowly approaching levels that would have been considered normal before the pandemic. While it would seem that people are losing interest in battery-driven automobiles, industry experts are claiming that all is not as it seems.

Tax Credit 98

Tax Credit Automobile Gasoline-Electric Supplies 98

Clean Fleet Report

FEBRUARY 24, 2024

It’s scheduled to be on sale at North American Fiat dealers by early summer 2024. Taking a cue from the fashion industry, and to be extra cool and hip, the Fiat 500e will have a periodic “product drop” where a limited quantity of different variants will be available for a limited time. So what has changed with the 2024 Fiat 500e?

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North America Los Angeles Clean Cleaning 84

The Truth About Cars

SEPTEMBER 25, 2023

Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV tax credit scheme plays out. Treasury Department said participating dealers will be able to register via an online IRS portal in the next few months.

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Cash For Clunkers Dealers Tax Credit Tax 103

Baua Electric

FEBRUARY 3, 2024

USPS Canoo LDV 190 van Ford added fleet discounts for the Mustang Mach-E , as well as a program that allows dealers to use inventory as rental cars. 2024 Rolls-Royce Spectre According to a new survey from the industry journal Automotive News, dealers think Biden is moving too fast on EVs.

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Plug-in GM Ford Plug 52

Baua Electric

DECEMBER 30, 2023

The Biden administration has set a high bar for the generous tax credits created by the Inflation Recovery Act (IRA) to help spur large-scale production of hydrogen, starting with regional hydrogen hubs. 2022 Audi E-Tron GT Audi and Porsche are playing it safe with a better mobile charging cable for EV and PHEV models.

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Affordable Clean Cleaning Hydrogen 52