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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

The first evidence can be seen in consumer interest in the Ford Mustang Mach-E and the Tesla Model Y following the reclassification of both vehicles as SUVs, which made them eligible for a $7,500 federal tax credit under the Inflation Reduction Act. Additionally, both manufacturers recently announced significant price cuts on both models.

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Electric motorcycles are gaining momentum

Plug in America

This year, electric motorcycle momentum has been hot! Electric motorcycle companies have been reporting an increase in sales. For example, Italian electric motorcycle manufacturer Energica shared that in the first two months of 2020, they sold more electric motorcycles than in the year prior. . LiveWire 2018.

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Electric Vehicle Adoption Divide Mapped

The Truth About Cars

The study suggested battery-electric sales comprised 8.6 Power’s vice president for electric vehicle practice, told Automotive News that cost incentives and local policies can likewise play a massive role. Those states are California, Colorado, Massachusetts, Washington, Oregon and Maryland. percent witnessed in June of 2022.

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Honda looks to build a $14 billion EV and battery plant in Canada

Baua Electric

Japanese automaker Honda has been, shall we say, laying very low when it comes to developing a decent electric vehicle, although we can expect its second EV attempt in the US, the Prologue, soon. So far, Volkswagen and its battery company PowerCo are building a gigafactory for cell manufacturing in St.

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Chevrolet to begin selling Spark EV in Maryland

Green Car Congress

Chevrolet will start selling the Spark EV in Maryland this spring, the electric mini-car’s first entry into the East Coast market. The Spark EV is also sold in California and Oregon, where sales totaled 1,145 in 2014.

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Mullen’s electric trucks earn CARB certification, qualifying for over $45k in customer savings

Baua Electric

Seven months after kicking off production of its Class 3 electric trucks in Mississippi, EV startup Mullen Automotive has secured fruitful environmental compliance and approvals from CARB and the EPA. starting at a suggested MSRP of $68,500. starting at a suggested MSRP of $68,500.

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Zinc-Air Battery Company ReVolt Applying for $30M in Recovery Act Funds; Targeting EV Applications

Green Car Congress

ReVolt, based in Stäfa, Switzerland, has selected Portland, Oregon as the location for its US headquarters and manufacturing center. By locating in Oregon, the company will be eligible, and intends to apply for, Business Energy Tax Credits from the Oregon Department of Energy for battery research and production.

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