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DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Ford Motor Company. General Motors Company.

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Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Green Car Congress

After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). We look forward to sharing even more details at the Geneva Motor Show 2020—including our fully-engineered platform and more technical specifications. —Henrik Fisker, chairman and CEO – Fisker Inc.

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Ford unveils F-150 Lightning electric pickup; starting at $39,974; arriving in 2022

Green Car Congress

F-150 Lightning offers a standard-range battery targeting 230 miles of EPA-estimated range and an extended-range battery targeting 300 miles of EPA-estimated range. —Kumar Galhotra, Ford president, Americas and International Markets Group, Ford Motor Company.

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Ford begins full production of F-150 Lightning electric pickup; planned annual run rate of 150k at Rouge Center

Green Car Congress

With acceleration from zero to 60 mph in the mid-4 second range with the extended-range battery, the freedom of a 10-kilowatt smart power plant on wheels, a starting price less than $40,000 before available tax credits and software updates that will make it even better over time, F-150 Lightning is attracting new customers to Ford.

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Volvo Car USA announces new extended range Recharge Plug-In Hybrid models with up to 41 miles of electric range in Pure Mode

Green Car Congress

Additionally, all Recharge T8 models now qualify for the full $7,500 federal tax credit. Improvements to the Recharge T8 AWD plug-in hybrid powertrain include a new long-range battery, featuring a third layer of cells to increase nominal energy from 11.6

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Tesla, VW and several other EVs that qualify for the new 2023 US EV tax credit

Teslarati

EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. 2023 Tesla Model 3 Long Range. 2023 Tesla Model 3 Long Range. 2022 Volvo S60 Extended Range.

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Lordstown Motors cuts 2021 production estimate for electric pickup to at best 50% of prior expectations

Green Car Congress

In its report of first quarter 2021 financial results and outlook, Lordstown Motors, a startup developing electric light duty trucks focused on the commercial fleet market ( earlier post ), said that the expected production of its Endurance full-size electric pickup in 2021 will be limited—at best 50% of prior expectations.

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