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BYD chairman calls on China to extend NEV tax exemption until 2025

CN EV Post

Wang Chuanfu, chairman and president of BYD (OTCMKTS: BYDDY), suggested in an April 1 speech at the China EV 100 Forum that China should extend the NEV purchase tax exemption to 2025, hoping the move would be fast-tracked to stabilize expectations, according to a video replay seen by CnEVPost.

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Confused about the federal tax credit? 

Electric Auto Association

Know which EVs are eligible Chrysler Pacifica Plug-in Hybrid The Inflation Reduction Act of 2022 changed the rules for the US tax credit for electric vehicles (EV) purchased from 2023 to 2032.

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Fisker introduces Alaska pickup truck, Ocean with Force E off-road package; 11 Ocean deliveries in Q2

Green Car Congress

Fisker recently presented four future electric vehicles, as well as technology and sustainability visions, to an audience of investors, analysts, employees, and the media at an event in Huntington Beach, California. million in VAT receivables which Fisker expects to receive as refunds or to monetize against vehicle sales taxes.

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Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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Tesla to spend almost $2 billion on components from India this year

Teslarati

After years of negotiating with the Indian government over high import taxes on vehicles, a new report shows that Tesla plans to make significant investments in the country this year. We’ll start enjoying the fruits of new technologies, innovation, and R&D coming into India,” Goyal said at the event.

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What Are Zero Emission Day and National Drive Electric Week?

Blink Charging

Let’s look at these two annual events and what they mean for current and future electric vehicle (EV) drivers. Now, there are events across the entire country, along with online events, that people can participate in. Now, there are events across the entire country, along with online events, that people can participate in.

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EV tax credit score rules will have to be adopted, Manchin tells Treasury

Baua Electric

“My comment is simple: Follow the law,” he wrote in an 11-page letter to Treasury, explaining that the tax credit score’s objective is “no longer to promote the purchase and use of [EVs] … but to promote reliable domestic supply chains for the critical minerals and battery components” had to energy them.