The Truth About Cars

JANUARY 30, 2024

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. that qualifies for the full Federal Tax credit. This development makes these models of the ID.4,

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CleanTechnica EVs

JUNE 4, 2021

As we reported recently, there’s a big cleantech bill moving through the US Congress that would revive, extend, and expand the zero-emission vehicle tax credit in various ways.

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Teslarati

MARCH 28, 2024

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. James Bell, head of corporate communications at Kia America noted that EV9 production should begin by the end of May at the Georgia facility.

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Baua Electric

MARCH 7, 2024

The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000. Honda announced the 2024 Prologue is eligible for the full $7,500 EV tax credit.

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Baua Electric

APRIL 22, 2024

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. Given the cuts, anyone considering the Model 3 and Model Y in the U.S.

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EV Life

JANUARY 4, 2024

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Teslarati

JANUARY 31, 2024

4 will include Plug&Charge access at Electrify America stations starting in early 2024. 4 owners may activate the feature via the Electrify America app. According to Volkswagen of America, its 2023 ID.4 4 Standard and S variants come with a three-year plan of 30-minute charging sessions at Electrify America DC fast chargers.

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Electric Vehicles India

NOVEMBER 1, 2021

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . The bicycle market in India is valued at USD 0.9 The Indian electric bicycles market growth is valued at USD 0.1 billion, a fraction of the European market. billion with 15 million bikes a year. Rad Power Bikes.

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Green Car Congress

OCTOBER 13, 2022

BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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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.

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Green Car Congress

SEPTEMBER 6, 2023

Volkswagen of America revealed that the 2024 ID.4 4 will be available closer to market introduction. 4 models are eligible for the full potential Federal Tax Credit of up to $7,500. Continuing to be assembled in Chattanooga, Tennessee, the 2024 ID.4 While 62 kWh ID.4 4 models receive an enhanced 12.9-inch The 2023 ID.4

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Teslarati

FEBRUARY 15, 2024

LG Energy Solution (LGES) signed an offtake agreement with WesCEF to expand its lithium supply chain for the North American market. The IRA has struck requirements on sourcing minerals for EV batteries, significantly affecting the number of electric vehicles that qualify for tax credits.

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The Truth About Cars

JANUARY 10, 2024

After several months of spy shots and looking at the updated Tesla Model 3 in European markets, the car is finally available in North America. That said, there’s no mention of tax credits for the car, though buyers can still get a credit by leasing. Image: Tesla] Become a& TTAC& insider.

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The Truth About Cars

FEBRUARY 22, 2024

The Fiat 500e is coming to America and is expected to arrive soon, and the automaker has announced that its first round of allocated vehicles has sold out. Despite parent company Stellantis’ significant U.S. The car comes in a single (RED) Edition trim that brings (you guessed it) red accents and unique styling elements.

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InsideEVs

APRIL 12, 2023

All of them should qualify for the maximum $7,500 in US federal tax credits, VW Group of America CEO Pablo Di Si said in an interview.

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Green Car Congress

MAY 24, 2023

Circulor’s approach can also support the automotive industry in proving the requirements of the US Clean Vehicle Tax Credit. It sets a range of sustainability requirements for batteries placed on the EU market, including the requirement that each battery above a minimum threshold should be accompanied with a digital battery passport.

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Green Car Congress

MAY 11, 2023

Cirba Solutions, a comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, selected global professional services company Jacobs to expand manufacturing capacity for sustainable electric vehicle (EV) battery materials across North America.

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Baua Electric

AUGUST 19, 2024

Hyundai Motor Group, including Kia and Genesis, is taking the US EV market by storm this year. After reaching double-digit market share, Hyundai continued closing the gap with Tesla as the second-largest EV brand in the US through July. Hyundai’s luxury brand, Genesis, remains a dark horse in the US EV market.

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Baua Electric

JULY 17, 2024

Can Honda take a bigger piece of the US auto market in 2024? The Honda Prologue is now available at most dealers, spanning all US markets. Lance Woelfer, vice president of auto sales at Honda America, told Automotive News , the GM partnership has been a success so far. Honda said it would see 40,000 Prologue’s in its first year.

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Teslarati

FEBRUARY 5, 2024

Just weeks after its initial release in North America, the upgraded Tesla Model 3 Long Range Dual Motor All wheel Drive (AWD) has seen a minor price increase. And while the Model Y has overtaken the Model 3 in raw sales over the years, the all-electric sedan is still a notable presence in the market.

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Green Car Congress

AUGUST 9, 2023

The launch of Argo is a strategic step for Motiv intended to triple the company’s market size. million miles with fleets across North America, gaining experience transitioning fleets, refining truck capabilities, and delivering high-quality performance. Motiv has deployed more than 180 vehicles and driven more than 2.8

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Green Car Congress

AUGUST 26, 2013

Top 15 LEAF market year-to-date in 2013. Nissan provided a list of the top 15 markets in the US for the Nissan LEAF battery-electric vehicle. Four of the top 15 markets are in California: San Francisco (1), Los Angeles (2), San Diego (7) and Sacramento (8). —Erik Gottfried, Nissan director of EV Sales and Marketing.

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Green Car Congress

MARCH 31, 2010

Nissan North America, Inc. NNA) set the US MSRP for the 2011 Nissan LEAF electric vehicle, which becomes available for purchase or lease at Nissan dealers in select markets in December and nationwide in 2011, at $32,780. Charging dock and installation are eligible for a 50 percent federal tax credit up to $2,000.

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Green Car Congress

JANUARY 9, 2010

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. RE-Gen LLC will receive a $903,480 credit to support building a factory to produce Biomass Gasification Furnaces with a capacity of 250 systems/year. President Obama announced the award of $2.3

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Green Car Congress

APRIL 5, 2022

While US consumers can earn some tax credits by directly purchasing EVs, these subsidies only cover a small fraction of the car cost and apply to just some cars.

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Green Car Congress

NOVEMBER 12, 2022

FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The Giga America project will be based on the SemiSolid technology of FREYR’s US-based licensing partner, 24M. FREYR evaluated 163 potentials sites in 25 states. billion through 2029.

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The Truth About Cars

AUGUST 28, 2024

The automaker recently confirmed that the new SUV would be built in the United States, opening it to federal tax credit eligibility. The upcoming Ioniq 9 will be built at Hyundai’s Metaplant America in Georgia, where it’s scheduled to begin production by the end of this year. Images: Hyundai] Become a TTAC insider.

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Teslarati

OCTOBER 24, 2023

LG Energy Solution (LGES) recently announced that its battery facility in Arizona will become a key production hub for 46-series cylindrical cells in North America. After announcing its Q3 2023 earnings, LGES stated it aimed to preemptively respond to market demand for 46-series cylindrical cells. billion with a margin of 6.3%.

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Blink Charging

JANUARY 19, 2024

automotive market. Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.

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Teslarati

JULY 16, 2024

Hyundai Metaplant America to boost its EV sales in the US Besides the 3-row IONIQ EV, Hyundai included the IONIQ 5N EV in its 2025 model year lineup. The IONIQ 5 will be the first EV the South Korean automaker produces in its Hyundai Group Metaplant America (HMGMA) factory in Bryan County, Georgia.

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Teslarati

MAY 11, 2024

Credit: Tesla The recently launched base-level Model Y Long Range RWD currently starts at $44,990 before federal and local tax credits, while the Long Range AWD and the Performance trims start at $47,990 and $51,490, respectively. Tesla’s Model Y comprised over a third of all Q1 EV sales in the U.S. What are your thoughts?

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Teslarati

FEBRUARY 10, 2024

can also get access to a $7,500 federal tax credit , and unlike in past years, the money becomes instantly available upon purchase. Depending on where a buyer lives, they may also be able to gain additional tax credits, potentially bringing the purchase price down substantially. Buyers in the U.S.

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Baua Electric

JUNE 10, 2024

Hyundai Motor Group, including Tesla, is gaining ground on Tesla in the US electric vehicle market. Hyundai has six of the top ten most fuel-efficient EVs on the market (by trim) in 2024, while Kia’s EV6 also made the list. of the US market. After a record start to 2024, Hyundai and Kia accounted for 11.2% in 2020, 3.4%

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Green Car Congress

SEPTEMBER 22, 2021

The Q4 e-tron model line comes to market supported by an Audi ecosystem designed to make a seamless transition to electric vehicle ownership. With purchase of Q4 e-tron customers receive 250 kWh at Electrify America public charging stations over the first two years of ownership. Anticipated potential federal tax credit.

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Teslarati

FEBRUARY 8, 2024

Volkswagen is still planning to launch 25 EVs in North America by 2030, but is well aware that things could change based on demand and market changes. “When I look at the data from January, the (EV) segment continues to grow,” Pablo Di Si, Head of VW North America, told Reuters today. 7 , an electric sedan.

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Blink Charging

NOVEMBER 2, 2023

Let’s look at the advancements in battery cost reduction, navigate through supply chain complexities, and explore the promising prospects ahead for the EV market. Expanding Battery Manufacturing Capacity in North America In North America, the United States is the leading market for lithium-ion batteries.

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Green Car Congress

JANUARY 18, 2023

Power EV Index, an analytics tool to track the growing EV market in the United States. The Interest score is 32, up 8 points from a year ago in the pilot phase, due largely to the growing number of EV models available or soon coming to market. Power has introduced the J.D. Whn the index hits 100, parity has been achieved. Availability.

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