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Tesla and Toyota Intend to Work Jointly on EV Development, TMC to Take Equity Stake in Tesla; Tesla Purchases NUMMI Factory

Green Car Congress

and Toyota Motor Corporation (TMC) intend to cooperate on the development of electric vehicles, parts, and production system and engineering support. TMC has agreed to purchase $50 million of Tesla’s common stock issued in a private placement to close immediately subsequent to the closing of Tesla’s currently planned initial public offering.

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Chevrolet Volt MSRP Starts at $41,000, $33,500 Net of Full Federal Credit; 3-year Lease Program with Option to Buy

Green Car Congress

GM will introduce the Chevrolet Volt extended range electric vehicle with a starting MSRP of $41,000; after applying the Federal income tax credit of $7,500, the price drops to $33,500. For example, if the engine has not been run for a long time (i.e., 5-year/ 100,000-mile limited gasoline engine coverage.

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GM Working with Communities to Develop Roadmap For Plug-in Infrastructure

Green Car Congress

Provide state tax credit for vehicles ($2,500/16 kWh vehicle) and charging equipment and installation at home/multi-family home/workplace/public (up to $3,000/home; $30,000/other site with 10 charge ports). Eliminate state sales tax on vehicle purchase; Commit/fund government fleet purchases (200 vehicles).

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Ford introduces F-150 Lightning Pro electric pickup targeted at commercial customers

Green Car Congress

With a starting MSRP of $39,974 before tax incentives, the always-on 4x4 F-150 Lightning Pro with the standard range battery targets an EPA-estimated 230-mile range and includes a complimentary 32-amp Ford Mobile Charger, making the transition affordable for small and medium-size businesses. Available 9.6-kilowatt

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The Hottest EVs Coming Out in 2023-2024 and How to Save Big on Them

EV Life

For example, the all-wheel-drive Lightning exhibits the trademark electric acceleration, reaching 0-60 in about four seconds, features a fully independent rear suspension, and its front trunk, or frunk, provides a large amount of weathertight storage where the engine would normally go. The drawback?

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Perspective: A View Into the New GM

Green Car Congress

Byran Nesbitt, Cadillac’s general manager, added that “ Dedicated resources, studio and engineering, allows us to nurture and build the brand identity. ”. The Cadillac Converj extended-range electric vehicle Concept uses the Voltec platform. Direct Injection V6 is a Ward’s automotive “Top Ten Engine” of the year in 2009.

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Electric Vehicle Spotlight: Financing Tesla Cybertruck 

EV Life

The journey from concept to reality was a rocky one, fraught with production delays, price changes, and brake issues outlined in leaked engineering reports. Available EV Incentives Federal Tax Credit. The Inflation Reduction Act of 2022 outlined a federal EV tax credit of up to $7,500 for qualified drivers looking to purchase an EV.