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Tesla price cut: Model Y undercuts Model 3 by $5,000 with tax credit

Baua Electric

market, as part of around-the-world price cuts. Both are eligible for the $7,500 EV tax credit, cutting the effective price for many households to just $37,130 and $42,130 respectively. The Model 3 also doesn’t qualify for the EV tax credit. The first quarter of 2024 was Tesla’s worst for sales since pandemic shutdowns.

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JATO: Euro car market drops 7.9% in June; SUV demand slows; Tesla posts highest market share gain

Green Car Congress

The European car market dropped in June 2019 as 1.49 It was the biggest monthly drop so far in 2019, as only four out of the 27 markets included in JATO’s analysis posted growth but counted for a marginal 2.6% The diesel crisis is particularly challenging in Scandinavia, where electric cars continue to increase their market share.

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EIA projects US renewable diesel supply to surpass biodiesel in the near term but remain small part of larger diesel market

Green Car Congress

EIA projects that production of renewable diesel supply will grow because of its compatibility with existing distribution infrastructure and engines, higher state and federal targets for renewable fuel production, incentives from tax credits, and the conversion of existing petroleum refineries into renewable diesel refineries. Source: U.S.

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Nikola Tre FCEV receives CARB ZEP Executive Order for HVIP eligibility; $240,000 base incentive per truck

Green Car Congress

CARB’s ZEP Executive Order is a certificate of compliance with CARB regulations for zero-emission powertrains determined to meet specific emissions standards required for sale in California. Obtaining this certification is also a requirement for vehicles to qualify for HVIP.

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EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. These incentives are in addition to a federal (nationwide) tax credit, which ranges from $2,500 to $7,500 depending on battery capacity and gross vehicle weight. sales and use tax. Electric vehicles per 1,000 vehicles.

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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

In spite of further challenges resulting from the diesel issue and the persistently difficult conditions in vehicle markets such as Brazil and Russia, the Group delivered 10.3 In 2016, the Group’s earnings before and after tax, amounting to €7.3 million vehicles to customers worldwide in the past fiscal year—up 3.7% in 2017.

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Volkswagen offering subscriptions to ID.3 and ID.4 in Germany

Green Car Congress

—Klaus Zellmer, Board Member for Sales and Marketing at Volkswagen. In addition, Volkswagen will be launching its online leasing and sales offerings in Germany toward the end of 2021. Initially, to sell models from the ID. The contract covers everything except electricity.

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