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BMW's next-gen Neue Klasse EVs will be made in Mexico

Green Car Reports

BMW's next-generation EVs will be built in San Luis Potosí, Mexico, as well as two European production sites, the automaker confirmed in a press release Friday. That may allow these new EVs, and their related battery production facility, to qualify for U.S. tax credits and supply-chain incentives.

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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

Tesla calculated that Model 3 Highland lease payments would be $329 monthly, excluding taxes and fees. Tesla models eligible for IRA tax credits in 2024 The loophole lies in the IRA’s tax credit qualifications for commercial vehicles. The IRA’s assembly and battery requirements do not apply to commercial vehicles.

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Tesla gets $330M tax break for Giga Nevada expansion plan

Teslarati

The Nevada Governor’s Office of Economic Development (GOED) Board approved a $330,250,366 million tax break for Tesla. Listed below are the taxes Tesla could generate, assuming it invests all $3.6 million in gross average annual property tax revenues $11.2 million in gross average annual sales taxes $1.1

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Ram hydrogen fuel-cell truck, BMW EV batteries, rural charging: Today’s Car News

Baua Electric

EV battery production for BMW is setting up south of the border. BMW has started building a battery plant in Mexico that will provide more energy-dense cylindrical cells for longer range and faster charging in next-generation Neue Klasse EVs. Ram aims to scale up its hydrogen fuel-cell muscle. Privacy Policy.

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The new breed of dual-cab ute: 2025 BYD Shark 6 PHEV to hunt down Ford Ranger and Toyota HiLux from next month – but can it convince you to abandon diesel?

EV Central

BYD Shark plug-in hybrid ute to cost less than a mid-spec Ford Ranger or Toyota HiLux Giving it the edge over the Blue Oval plug-in ute, the BYD gets a larger 29.5kWh battery that is claimed to give the Shark 6 up to 80km of electric-only driving range, which is almost double the circa-45km of the upcoming Ranger PHEV.

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Tesla said to be mulling U.S. battery plant with supplier CATL

Teslarati

based battery plant with one of its suppliers, CATL, according to a new report. Bloomberg reported yesterday that Tesla is potentially looking to build an electric vehicle battery cell production facility somewhere in the United States with CATL , citing people familiar with the matter. Tesla is said to be mulling a potential U.S.-based

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After chiding Ford for US CATL battery plan, GM may be seeking its own

Baua Electric

battery-supply deal with China’s CATL, Car News China reports. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. car manufacturing.”

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