Teslarati

JULY 18, 2024

This means that the Model X AWD still qualifies for the federal tax credit, as its price is below the IRA’s $80,000 cap for SUVs. In Canada, industry watchers have observed that the Model S AWD has seen a price increase of CAD 6,000, resulting in the all-electric sedan now starting at CAD $103,990.

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Baua Electric

SEPTEMBER 11, 2024

Kia confirmed plans to launch new AWD and GT variants for its electric EV3 SUV. The EV3 is the first of Kia’s new low-cost EV lineup as it looks to challenge industry leaders. million), Kia’s new electric SUV racked up over 10,000 reservations in 23 days. Last month, Kia opened EV3 orders in the UK.

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Baua Electric

MAY 29, 2024

The electric SUV is on track to reach 50,000 within its first year of launching after being “well received in overseas markets.” Kia EV9 sales are surging in its first year on the market After officially unveiling its first three-row electric SUV in March 2023, Kia kicked off EV9 deliveries in Korea last June.

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EV Life

AUGUST 4, 2023

Chevrolet has continued that trend in the last few years—emerging as a major leader in the electric vehicle industry. Today, we’ll be taking a look at one of Chevy’s most popular, affordable, and revolutionary offerings, the Chevrolet Bolt EUV. Federal, State, and Local EV Incentives Federal Tax Credit.

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Electric Auto Association

SEPTEMBER 9, 2022

EV provisions The legislation creates a new and used EV tax credit, extending the tax credit on some new EVs to 2032 while shifting tax incentives to more affordable models that are manufactured in North America. This will support millions more low- and middle-income families than the original credit.

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Baua Electric

FEBRUARY 8, 2024

GM Ultium battery – cell stacking Kelty was most recently vice president of battery firm Sila, helping to push adoption of that company’s silicon anode tech that’s slated for use in the upcoming Mercedes-Benz EQG electric SUV. The next-generation Bolt EV will have an LFP battery pack and is expected to cost less than that.

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The Truth About Cars

MAY 17, 2024

That’s not any cheaper than the base 2024 Chevrolet Camaro, but factor in a $7,500 federal tax credit and the price effectively drops to $27,495, which would make this hypothetical EV about $5,000 less than the last gas-powered model. For instance, there will never be room for a small, two-row Ford SUV with a Mustang badge stuck on it.

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Baua Electric

MAY 23, 2024

With new affordable models like the Volvo EX30 and Chevy Equinox EV, some see the momentum picking up in 2024. Some, including Tom Libby, associate director of industry analysis at S&P Global Mobility, expect the Model 3 to make a comeback this year. New Tesla Model 3 (Courtesy of Tesla, Inc.)

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The Truth About Cars

AUGUST 7, 2024

This is especially true considering the now-discontinued LX/LD platform was comparatively affordable due to having been around so long. Margins are higher on larger vehicles and the EPA has created loopholes that don’t require large SUVs and trucks to be nearly as efficient as sedans, hatchbacks, or coupes.

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EV Life

APRIL 27, 2023

Teslas are by far the most popular electric vehicles in the industry today, controlling over 60% of the EV market. The reason for the price changes is due to several factors, including shifts in demand and changes to federal rules regarding which electric vehicles qualify for tax credits.

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Cars That Think

APRIL 4, 2022

These handsome crossover SUVs might not be able to cruise for 7 hours on the highway, like the 500-mile-range Lucid Air. inch) wheelbase—longer than the company’s largest Palisade SUV—with excellent ingress and egress, outward visibility, and cavernous space inside. But overachieving charging may be this platform’s technical coup.

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Get Electric Vehicle

JUNE 12, 2023

The first term we should understand is the ‘Residual Value’ Residual Value In the car industry, it’s typically depreciation using a term called ‘Residual value’ , which is a percentage of the vehicle’s original cost that is lost. Also, another factor is desirability.

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EV Connect

OCTOBER 9, 2023

Industry experts predict that electric vehicles (EV) will account for 40% of car sales by 2030. Driver Factors Ultimately, the ambition and innovation of the EV industry will count for nothing if it doesn’t resonate with the consumer. Drivers want a safe, affordable and comfortable way to get from A to B.

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Baua Electric

MAY 31, 2023

Shoppers are snapping up each Honda and Acura product now that we will be able to meet call for, however we nonetheless wish to secure our manufacturing goal reasonable and in step with our pristine industry methods, which is [maintaining] low stock and having sellers promote into their pipeline, and truly run an effective operation.

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Cars That Think

MARCH 12, 2023

IEEE Spectrum asked five industry experts to gaze deeply into their own crystal balls and outline what needs to happen in the EV battery space to wean the world off fossil-fueled transportation and onto the plug. That includes a $35-per-kWh tax credit on every lithium-ion cell produced, and a $7,500 consumer tax break on eligible EVs.

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Baua Electric

DECEMBER 30, 2023

We rounded up all the affordable EVs that are arriving in 2024 and 2025 , and if automakers hold to their word—or at least their hints—it’s going to get better for those who don’t have a luxury budget. It’s giving its EQS hatchback, EQS SUV, EQE sedan, and EQE SUV lineups a heat pump for the U.S.,

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The Truth About Cars

JUNE 7, 2023

Despite all-electric vehicles being heralded as environmentally sound solutions that would kick down the door to affordable mobility, there haven’t been a lot of good examples hitting the market recently. But those systems are becoming obligatory in Europe and industry lobbying groups seem interested in adding them.

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Cars That Think

OCTOBER 29, 2021

That's another industry high. More-affordable versions will begin production later this year, including a 650-horsepower Air Touring for $96,500, and an 800-horse Grand Touring at $140,400. Every buyer is eligible for a $7,500 federal tax credit, pushing the most-affordable Air to $71,400. But engineers expect a 0.21

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The Truth About Cars

AUGUST 10, 2023

Those who follow the automotive industry will have undoubtedly noticed that dealer inventories are slowly approaching levels that would have been considered normal before the pandemic. While it would seem that people are losing interest in battery-driven automobiles, industry experts are claiming that all is not as it seems.

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Cars That Think

OCTOBER 26, 2021

John Voelcker has been reporting on cars and the automotive industry for almost as long as he's been driving. in Industrial Engineering from Stanford. It is—as with a few things Tesla—it provided the model for what the rest of the industry is now trying to do. He's an actual engineer, with a B.S. John, welcome to the podcast.

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Cars That Think

OCTOBER 26, 2021

John Voelcker has been reporting on cars and the automotive industry for almost as long as he's been driving. in Industrial Engineering from Stanford. It is—as with a few things Tesla—it provided the model for what the rest of the industry is now trying to do. He's an actual engineer, with a B.S. John, welcome to the podcast.

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Electric Vehicles Charging Vehicles Electric 93

Baua Electric

MAY 2, 2024

Acura has officially launched its first-ever BEV – the ZDX, and we at Electrek got the invite to Montecito, California, to test drive the top-tier S-Line trim of the crossover SUV. Acura did many things right in its first venture into electrification, but is it worthy of the performance grade the Honda division is known for?

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Cars That Think

DECEMBER 18, 2022

degrees Celsius, compared to pre-industrial levels. There are at least 9 million US workers directly employed across the automotive , energy , and transportation industry sectors , as well as some 20 million other workers dependent upon these industries that are likely to be first affected. Volkswagen’s ID.4

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Teslarati

NOVEMBER 6, 2021

The newly-revised electric vehicle incentive program, which is a part of President Biden’s Build Back Better plan , could officially spell the end of the combustion engine era in the American automotive industry. The new EV tax credit breakdown could award as much as $12,500 for an EV purchase, but that’s not the best part.

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Baua Electric

MAY 14, 2024

However, given Chinese EVs are incredibly affordable , even a 25% tariff might have resulted in competitive prices. This important SUV for us will be built in the USA for U.S. This isn’t the first move that Biden has made to limit the ability of the Chinese auto industry to operate in the US.

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Charged EVs

SEPTEMBER 22, 2022

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

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Baua Electric

MAY 12, 2024

News came out on Friday that President Biden is set to quadruple tariffs on Chinese EVs to protect the US auto industry from the rapid growth of Chinese EV manufacturing. But instead of just de facto banning the competition from giving Americans access to affordable hot new EVs, the US should instead try making affordable hot new EVs itself.

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