Remove Commercial Remove Future Remove North Korea Remove Russia
article thumbnail

2025 Polestar 3 starts at $74,800 and 315 miles, US deliveries in Q2

Baua Electric

Via what’s been called the EV leasing loophole applying to commercial vehicles, in a very generous interpretation of the intent, it will be able to keep claiming that amount from the federal government, whether vehicles are built in China or not. Polestar has said that U.S. production of the 3 would be not just for the U.S.

Miles 52
article thumbnail

Which 2024 EVs qualify for the $7,500 EV tax credit?

Baua Electric

1, any vehicles with key battery components sourced from a “foreign entity of concern”—China, Russia, Iran, or North Korea— will be disqualified in 2024 , as will corporate subsidies if a “parent entity” from one of those countries directly holds more of 50% of the automaker’s interest. Starting Jan.