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Automakers win extension on use of Chinese graphite in EV tax credits – ET Auto

Baua Electric

Treasury Department on Friday gave automakers additional flexibility on battery mineral requirements for electric vehicle tax credits on some crucial trace minerals from China, such as graphite. 1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles.

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GM resumes sales, cuts price of Chevy Blazer EV after software issue – ET Auto

Baua Electric

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. General Motors said on Friday it is resuming sales and cutting the price of its Chevrolet Blazer EV after software quality issues prompted the largest U.S.

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Recurrent Reports offer battery and range info for 65,000 used EVs

Charged EVs

Recurrent Reports estimate range today and in the future by analyzing vehicle history, VIN-specific insights about the battery, and data from some 40 million real-world EV trips. Now that some used EVs are eligible for federal tax credits, Recurrent has launched a tax credit eligibility tool. Source: Recurrent

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Tesla Energy x SPAN pair up to offer a home battery storage bundle

Baua Electric

SPAN announced the partnership on LinkedIn and described the bundle as unlocking “special bundled pricing and next-level functionality for the most advanced home energy management technology on the market, including real-time energy insights and backup load control from anywhere in the SPAN App.” The SPAN + Tesla Powerwall 3 bundle has 13.5

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KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Green Car Congress

Sales volumes in December were up year-over-year by more than 5% but down from November, due in part to improved supply. Elevated prices and high loan rates are putting downward pressure on sales. Truck sales were particularly strong last month, and with many trucks selling for more than $60,000, a new record was all but inevitable.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

EV sales continue to increase as well, as the EV supply sits at 97 days at the beginning of October. Stephanie Valdez-Streaty , director of Industry Insights at Cox Automotive, said: “EV sales continue to grow in the U.S., At last check, we had 15 new EV models for sale that were not available a year earlier.

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Tesla is most popular used EV brand in Carmax’s 2023 Electric Vehicle Consumer Report

Teslarati

Peak search interest occurred in October, which was around the time when new rules for the US’ federal EV tax credit were being implemented. CarMax’s dealership and online shopping data provided insights into the most popular used electric vehicles in their inventory.