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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

Fisker is scrapping plans for direct sales to customers. The startup is now turning to auto dealerships for sales and services. The company also shared its intention to expand retail operations in North America and Europe. Fisker wants auto dealers to sell the company’s all-electric Ocean crossover.

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Report: Feds to formalize foreign entity rules for EV tax credit

Baua Electric

Treasury Department could issue clarifications on federal EV tax-credit eligibility rules as early as Friday, reports Transport Topics. Specifically, vehicles with battery components or critical minerals from companies controlled by certain countries the U.S. Most EVs for sale in the U.S. BYD Seal In 2023, the U.S.

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This Volkswagen EV Now Comes with Full Tax Credit Benefits

The Truth About Cars

4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. 4, which start at a base MSRP of $38,995 before the tax credit, a more budget-friendly option in the electric SUV segment. that qualifies for the full Federal Tax credit. 4 and how the tax credit enhances its accessibility.

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Tesla price cut: Model Y undercuts Model 3 by $5,000 with tax credit

Baua Electric

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. In addition, the base Model Y RWD now undercuts the base Model 3 by $5,000 for the tax-credit-eligible.

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kWh Billing and New EV Charging Tax Policies: What You Need to Know

Blink Charging

As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. With states enacting new kWh taxes on EVs and EV charging, we want to make sure you have the right information.

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Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

One of the proposed changes to the federal EV tax credit that has flown a bit under the radar is also one of the most political and protectionist in nature. Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit).

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Hertz announces ‘strategic decision’ to slash EV fleet

Teslarati

. “These vehicle dispositions, which were initiated in December 2023 and are expected to take place in an orderly fashion over the course of 2024, will cover multiple makes and models,” the company said in the filing. The EVs that Hertz has put up for sale will “remain eligible for rental” until they ultimately sell.

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