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Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Green Car Congress

After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). We have secured a global supply chain and manufacturing capacity that will result in projected production of more than 1 million vehicles between 2022 and 2027.

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Chevy Blazer EV stop-sale ends with drastically lower prices, full tax credit eligibility

Baua Electric

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. Scott Bell, VP of Chevy Global, told Automotive News , “We are aware that a limited number of Blazer EV owners have experienced several software quality issues.”

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S&P Global: US faces new challenges meeting increased demand for critical minerals spurred by IRA

Green Car Congress

However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global. Copper is not currently listed as a critical mineral in the United States and does not qualify for IRA tax credits. Nickel is the most challenged in terms of supply, the study says.

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GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. However, no other specifics were mentioned.

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SAFE Report: electricity shortfalls impede IRA’s materials production goals

Green Car Congress

This paradox requires equivalent supply and demand-side policies to simultaneously reduce power and transportation sector emissions and emissions of aluminum production, the report says. DPA supports the domestic production of strategic materials, including aluminum, used in large-capacity batteries used in EVs and military systems.

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DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Funded at $2.3 Funded at $2.3 Lead organization. Description.

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Ansys releases pre-lockdown global survey on vehicle electrification

Green Car Congress

Before the COVID-19 pandemic lockdowns, engineering simulation software company Ansys commissioned a global survey of 16,037 adults resulting in some insights about consumer attitudes toward vehicle electrification. US respondents are most likely to buy an EV if the government offers a federal/state tax credit.