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Tesla launches limited-time 0.99% APR loan rate on U.S. Model Y orders

Teslarati

On Friday night, Tesla launched the promotional financing on its website for the Model Y, offering a 0.99 percent APR interest rate for buyers who finance the electric vehicle (EV) on an order placed by May 31. Tesla has also launched a number of buying incentives in recent months, and especially leading up to the end of Q1.

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Ford re-opens order books for Mach-E; higher range, lower pricing; all standard range models with LFP packs

Green Car Congress

BlueCruise is now equipped on 199,000 Ford and Lincoln vehicles in North America and customers have accumulated more than 70 million hands-free miles driven with the technology. The Mustang Mach-E qualifies for potential Inflation Reduction Act federal tax credits in 2023 of $3,750.

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The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Lease Buyout Offers Loophole to EV Incentive Restrictions

EV Life

The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. Two sections of the law, 30D and 45W, detail individual tax credits and commercial tax credits, respectively. However, there’s a catch. Now, you might be thinking, so what?

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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

Green Car Congress

While notable exceptions exist, the report says, the financing framework is often skewed towards supporting the motorization model: Domestic public finance is mainly used to build and maintain infrastructure to cater to increasing levels of motorized traffic.

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Ford reveals specs for F-150 Lightning Pro: Price, Range, and Features

Teslarati

. “Ford commercial trucks are the backbone for many of our customers’ businesses, which is why we put them through testing so harsh, some areas can only be driven by robots,” said Ted Cannis, the general manager of Ford North America commercial business. ” 2022 Ford F-150 Lightning Pro. .”

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Canoo (GOEV) stock surges after OKC EV facility gets key approval

Baua Electric

Canoo sources over 90% of its parts in the US and free trade partners, with about 70% from North America. Despite the win, Canoo’s finances are still a concern. The company is halting production for six weeks as it looks to get its finances in order. At the end of September , Canoo had only $8.3 The EV maker lost $273.6