Teslarati

APRIL 5, 2024

million EVs in the global market in 2024. Kia ultimately aims to boost its global EV sales to 4 million by 2027 and 4.3 The company expects BEV and HEV sales to account for 24% of total sales. Hyundai’s US EV sales jumped 62% year-over-year. million by 2030.

Kia 108

Kia Tax Credit Hyundai Sale 108

EV Life

JANUARY 11, 2024

With climate change awareness increasing, gas prices continuing to climb, EV charging stations expanding, and tons of new EV options hitting the market each year, it’s no surprise that electric vehicle purchases are skyrocketing. At the forefront of the electric vehicle revolution is Tesla, which currently makes up over half of the EV market.

Tax Credit 52

Tax Credit Tax Colorado Tesla 52

Green Car Congress

NOVEMBER 3, 2013

However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. In the event of a future economic recession, we would not recommend repeating the CARS program. Cost per job created. Click to enlarge. million, or 0.7

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Cash For Clunkers Future Stimulus 2009 306

Green Car Congress

APRIL 16, 2021

Clean Cars 2030 passed as an amendment to E2SHB 1287 , a bill mandating electric utility preparation for an all-EV future, with a vote of 25-23 in the Senate and 54-43 in the House. The new law establishes the most aggressive such state goal in the US—five years ahead of California’s 2035 target. It now heads to Gov.

Washington 305

Washington Seattle Light Sale 305

Teslarati

AUGUST 9, 2021

Longtime Tesla bull ARK invest recently identified battery cost declines as a form of “good deflation” that could lead to a boost in EV sales. Battery cost declines could decrease EV production costs and improve range, which may boost electric vehicle sales in the long run.

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Sale Batteries Battery Tesla 145

Green Car Congress

OCTOBER 31, 2014

A study by a team from the International Council on Clean Transportation (ICCT) shows that state electric vehicle incentives are playing a significant early role in reducing the effective cost of ownership and driving electric vehicle sales. Source: ICCT. Click to enlarge. —Jin et al.

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Sale PHEV District of Columbia North Dakota 374

Baua Electric

MARCH 7, 2024

Rivian is targeting an entry price of $45,000 for the R2, which with potential qualification for the EV tax credit, would make it less than $40,000 for many American families. At face value, the R2 looks like a great market opportunity to seize. The post Rivian R2 bows: $45,000, over 300 miles, the future of the SUV?

SUV 52

SUV Miles Future Jeep 52

Setec Powerr

NOVEMBER 30, 2022

However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles. Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79 What is the mystery behind it?.

Asia 97

Asia Chinese Thailand Companies 97

Green Car Congress

AUGUST 6, 2022

The 2022 report accounts for a broader range of vehicle technologies and considers both current (2020) and expected future (2030-2035) conditions. Selected fuel pathways were constrained to those deemed to be nationally scalable in the future. fuel sales tax) and/or credits (e.g., vehicle subsidies).

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Fuel Vehicles PHEV Chevron 417

Green Car Congress

AUGUST 6, 2023

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. Q2 2023 was Fisker’s first quarter with automotive sales revenue. Q2 results. First vehicles delivered achieved a 7.5%

Alaska 354

Alaska Fisker Carbon Fiber Convert 354

Push EVs

JANUARY 7, 2023

share of the auto market, up fractionally from 24.4% share of auto sales, with BEVs taking 13.3%, and PHEVs, 8.3%. In the hypothetical case where this rate sustains, BEVs would pass 50% share of the market by early 2027. Different national markets may get allocation priority at different times. a year ago. BEV, and 8.5%

France 83

France Market Plugin Norway 83

EV Adoption

SEPTEMBER 7, 2021

One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. How the Current Tax Credit Works For EV Buyers. And another 7 PHEVs qualify for credits of between $6,670 and $7,500.

Tax Credit 59

Tax Credit Tax Parts Purchase 59

Push EVs

FEBRUARY 7, 2023

share of the auto market in January, down from 90.5% The January auto market was highly anomalous due to the new year’s introduction of tighter auto emissions and tax increases, which had pulled sales forward into December. The auto market will resume more typical patterns in the months ahead. year on year.

Norway 59

Norway Auto Sale Plugin 59

Baua Electric

FEBRUARY 2, 2024

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. Surprisingly, 57% of respondents thought that the new point-of-sale rebate for the federal EV tax credit would have no effect on EV sales, or they were unsure.

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Dealers Tax Credit Tax Mazda 97

Green Car Congress

SEPTEMBER 2, 2021

—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. In the future, cars will be delivered via the dealer network. The dealers will remain crucial partners in online sales as well.

Germany 302

Germany Dealers Maintenance Sale 302

Green Car Congress

MAY 3, 2023

AJR Trucking , a leading carrier for the United States Postal Service (USPS) and a major drayage carrier operating in the Ports of Los Angeles and Long Beach, has executed a purchase order for 50 Nikola Tre hydrogen fuel cell electric vehicle (FCEV) trucks from Tom’s Truck Centers, a member of the Nikola Corporation sales and service dealer network.

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Fleet Los Angeles Kenworth Long Beach 322

Teslarati

APRIL 8, 2021

Delhi could be a major market for Tesla in India. Due to its high population, the city could be a prime area for Tesla to perform employment recruiting and help with sales figures. Khurana will lobby for Tesla and work to develop relationships within the country as Tesla begins to make more strides in entering the Indian market.

India 99

India Future Tesla Tax 99

Baua Electric

JANUARY 10, 2024

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 of the total US market with over 650,000 deliveries, topping Volkswagen, Subaru, and BMW for the first time.

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Kia Hyundai GM Ford 52

Baua Electric

JANUARY 25, 2024

The firm, he said, had turned profitable based on earnings before interest, taxes, depreciation and amortisation ( Ebitda ) in the fiscal year ended March 31, 2023. Electrification would drive down the cost of the ride-hailing business in the future, driving deeper penetration, Bakshi claimed.

Future 52

Future Auto Fleet Insight 52

Green Car Congress

NOVEMBER 1, 2017

The European Automobile Manufacturers’ Association (ACEA) has published new data demonstrating the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and both GDP and customer incentives. By contrast, almost half of all EU member states have an ECV market share of 0.5% ECV Units sold. GDP per capita.

Greece 150

Greece Market Estonia Malta 150

Green Car Congress

MAY 14, 2021

The Clean Cars 2030 package passed the legislature as an amendment to E2SHB 1287 —a bill mandating electric utility preparation for an all-EV future. On Thursday, Washington state Governor Jay Inslee vetoed legislation that would have set the first state-legislated 2030 phaseout target for automotive combustion engines in the country.

Washington 199

Washington All-Electric Sale Clean 199

EV Adoption

FEBRUARY 7, 2021

In particular, we often see production delays and reduced volumes from what the market was initially led to believe and what may often be well below actual consumer demand. The 15 years in the future 2035 aspiration to stop selling gas- and diesel-powered vehicles is clearly a long way off and a lot can change in that timeframe.

GM 116

GM Market Cadillac Acura 116

Green Car Congress

MAY 1, 2022

An analysis of the expected emissions performance and total cost of ownership for the ClearFlame business model versus diesel, CNG, BEV, and FCV options in the over-the-road heavy-duty truck market presented in this paper indicates that: The TCO of ClearFlame-based trucks could be, on average, $0.08 —Patrick Couch,, GNA study author.

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Emissions Engine Diesel Miles 370

Baua Electric

JANUARY 25, 2024

The South Korean automaker plans to strengthen its leadership in the EV market, with new models gaining momentum. With this, Hyundai’s global EV sales reached 268,785 in 2023. Hyundai attributed the growth to higher sales of its dedicated IONIQ EVs. Hyundai cited external factors such as interest rates for the downbeat outlook.

Hyundai 52

Hyundai Electric Vehicles Tax Credit Vehicles 52

Teslarati

FEBRUARY 9, 2022

When Tesla CEO Elon Musk stated back in the Q1 2021 earnings call that he believes the Model Y will “quite likely” be the world’s best-selling car in the future, many were skeptical. This is quite an accomplishment, considering that the Golden State is the US’ largest auto market. .

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Auto Market Tesla Tax Credit 102

Green Car Congress

AUGUST 7, 2013

In addition to the ongoing strength in the European market and India (the second-largest diesel market after Europe, Bosch sees potential strength in North America and China. Because diesel vehicles already account for a high share of the European market, opportunities for growth are correspondingly moderate.

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Diesel Global Market China 255

Green Car Congress

JANUARY 9, 2021

Executive Order N-79-20 directly addresses California’s transportation emissions challenge by positioning state agencies to work with stakeholders to aggressively scale the zero-emission vehicle market. Delayed Property Tax Assessment of Zero-Emission Vehicle Charging and Fueling Stations.

California 365

California Clean Cleaning Emissions 365

Green Car Reports

OCTOBER 13, 2018

Will some very intriguing products from Bollinger Motors and Faraday Future make it to market? And electric-vehicle sales surged to new levels in the third quarter of the year, thanks to Tesla. Will it push even harder to meet a tax-credit deadline?

Tax Credit 77

Tax Credit Sale Climate Tax 77

Green Car Congress

JULY 31, 2011

—things are far from back to “normal,” or at least the normal defined by the consumer-incentive-induced sales levels of the past. —things are far from back to “normal,” or at least the normal defined by the consumer-incentive-induced sales levels of the past. million units in lost vehicle sales this year.

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Auto Industry Industrial Industry Auto 199

Clean Car

SEPTEMBER 8, 2020

We know for sure that internal combustion engine-powered vehicles (ICE) and hybrids will be banned from sale no later than 2035 and we know that there is a big push towards encouraging the take up of electric vehicles (EV). For more on this see our tax blog [link]. Recent sales numbers . The UK starts from a low EV baseline.

Electric Vehicles 77

Electric Vehicles Sale Vehicles Electric 77

Green Car Congress

JUNE 13, 2011

Light-duty vehicle sales, 2010 vs. 2020. billion—is expected to reach 11 million light-vehicle sales by 2020. This would make India the third-largest light-vehicle market in the world, behind China (expected to reach 35 million light-vehicle sales in 2020) and the United States (expected to reach 17.4 Source: J.D.

India 236

India 2020 Market Power 236

Green Car Congress

MARCH 21, 2010

of the total market, down from a 0.6% new vehicle sales in January. February sales included: 266 units of Hyundai’s Avante hybrid, just more than half of the 526 sold in January. Avante hybrid sales had topped 1,000 after its debut in July through September, but dropped to 627 in October and 485 in December.

Sale 186

Sale SUV Hybrid South Korea 186

Teslarati

APRIL 20, 2023

As state and federal government agencies have been working to increase the number of electric vehicles on the road in the United States, their primary tool has been EV tax incentives , which give car buyers a sizeable discount on their taxes when they purchase an electric vehicle. What do you think of the article?

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New Jersey Tax Purchase United States 90

Baua Electric

JANUARY 8, 2024

During the debut of the Helix last fall, we learned that US sales would begin in early January. Source: Pivotal Helix eVTOL goes on sale ahead of summer deliveries Beginning today, interested US customers can order their own personal Helix eVTOL from Pivotal, starting at $190,000 (before taxes, delivery, and other fees).

Light 52

Light Carbon Fiber Sale Personal 52

Teslarati

DECEMBER 12, 2023

Volkswagen plans for Scout to release an SUV and a pickup truck in the United States to penetrate the market. car market in the future with eclectic electric vehicles (EVs) like the ID. market and customer needs. Proportions readily dialed in, exterior design dialed in,” Scout CEO Keogh told Automotive News.

SUV 89

SUV South Carolina F-150 United States 89

Green Car Congress

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge. billion through 2019.

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Tax Credit Gasoline Tax Gasoline-Electric 252

EV Connect

FEBRUARY 8, 2024

which is almost 8 percent of vehicle sales. Cox Automotive anticipates that the EV share of the US market will reach 10 percent. EVs offer dealerships the unique opportunity to not only earn money selling and servicing vehicles, but also to offer paid public charging and own the entire EV value chain: sales, servicing, and fueling.

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Charging Dealers Cars Tax Credit 87