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China to allow extended sales periods for ICE models based on existing emissions standard, report says

CN EV Post

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. On March 23, China's Auto Dealers Chamber of Commerce (CADCC) called on regulators to delay the implementation of the China 6b emissions standard.

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Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

One would expect to receive some kind of purchasing allowance calculated that’s then tied to income. Under the new rules, its 230g/km CO2 emissions place it in the top BIK taxation group of 37 [percent]. This is because emissions can vary dramatically even between trims of otherwise identical models.

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EV Sales expected to reach all time highs in 2022

Teslarati

According to research published by the International Energy Agency, EV sales are expected to reach all-time highs this year. The International Energy Agency (IEA) recently published an analysis of 55 different “energy areas” where the world must improve to achieve net zero carbon emissions. What do you think of the article?

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GM Says Updated U.S. Emissions Rules Will Cost Auto Industry Billions in Fines

The Truth About Cars

GM is estimating that the new rules could result in manufacturers paying $100-300 billion in emission fines between 2027 and 2031. GM, which in 2021 vowed to halt the sale of new gasoline-powered vehicles by 2035, said this month it could face compliance challenges under the EV efficiency rules and vehicle emissions regulations.

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China auto sales sluggish on consumer sentiment, improvement expected in Q2, says Deutsche Bank

CN EV Post

(Image credit: CnEVPost) Low consumer sentiment in the wake of the Covid wave has led to weak auto sales in China, though the situation is expected to see relief in the second quarter, and the launch of new models and lower lithium carbonate prices are also encouraging, according to Deutsche Bank. For more articles, please visit CnEVPost.

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New Mexico EV Mandate Stands After Opposition from Car Dealers

The Truth About Cars

The groups had claimed that forcing electrification would hamper commerce by encouraging residents to purchase more vehicles from neighboring territories and were limiting residents freedom of choice. New Mexico is one of several states that has vowed to adopt stringent zero-emission vehicle requirements implemented by California.

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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

Buyers can claim a base credit of $1,250 for the purchase of qualifying used EVs, with additional incentives for battery capacity. The credit is capped at the lesser of $2,500 credit or 30% of the sale price. During the 11 years that the federal EV tax credit has existed, electric vehicle sales have not amounted to a hill of beans.