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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

Fisker is scrapping plans for direct sales to customers. The startup is now turning to auto dealerships for sales and services. The company also shared its intention to expand retail operations in North America and Europe. The post Fisker scraps direct sales and turns to auto dealers for sales appeared first on TESLARATI.

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EV Resurgence: Is 2024 the Turning Point for Electric Cars?

The Truth About Cars

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 Stability in Europe Europe is likely to witness a stable increase in EV sales, with projections of 3.4

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Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

One of the proposed changes to the federal EV tax credit that has flown a bit under the radar is also one of the most political and protectionist in nature. Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit).

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2021 US EV Sales Scoreboard: RAV4 Prime and Mustang Mach-E Are The Top-Selling Non-Tesla EVs

EV Adoption

Especially if Congress removes the OEM cap which would mean at least a $7,500 tax credit and as much as $12,500, the Bolt has the potential to be the top selling EV in the US in 2022 other than models from Tesla. A fourth trend or finding is that YOY sales increased 154% for these EVs with publicly reported numbers.

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2030: 20 Million More ICE Vehicles Will Be on the Roads in the US Than in 2021

EV Adoption

Not to mention OEMs continuing to prioritize their available EV production for Europe due to the EU emissions mandate and higher demand. Despite big plans and promises by many automakers, today 27 of 37 major automakers do not offer a single BEV for sale in the US. Even the BMW 3 Series gets up to 26 city / 36 highway miles per gallon.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

Virtually all major vehicle manufacturers and several start-up companies are offering—or are planning to offer soon—a PEV for sale in the US market. PEV offerings have also been announced throughout Europe and Asia. Policy Instruments.

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