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Lucid Motors unveiled the Lucid Air battery-electric luxury sedan, which will start at less than US$80,000. With up to 1,080 horsepower available in a dual-motor, all-wheel-drive architecture, the Lucid Air is able to achieve quarter-mile times as quick as 9.9 seconds on a consistent, repeatable basis.
The US Department of Energy (DOE) announced $150 million in clean energy taxcredits 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.
After the US federal taxcredit 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.
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.
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 taxcredits and software updates that will make it even better over time, F-150 Lightning is attracting new customers to Ford.
electric vehicle (EV) taxcredit have taken effect, significantly limiting the number of qualifying options in 2024. Despite the list of qualifying EVs getting shorter , the 2024 guidance also lets sellers offer the rebate at the point of sale , rather than buyers being forced to wait until doing their taxes.
EV taxcredit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV taxcredit. federal taxcredit includes EVs made by fourteen manufacturers. 2023 Tesla Model 3 Long Range. 2023 Tesla Model 3 Long Range. 2022 Volvo S60 ExtendedRange.
Additionally, all Recharge T8 models now qualify for the full $7,500 federal taxcredit. 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
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.
million ATVM loan for Fisker’s Project Nina—the design, engineering and assembly of Fisker Automotive’s next-generation plug-in hybrids, starting at about $39,900 after taxcredits. Fisker automobiles use an extendedrange electric vehicle architecture, and will offer a cruising range of about 300 miles.
Tesla Motors, Inc. and Toyota Motor Corporation (TMC) intend to cooperate on the development of electric vehicles, parts, and production system and engineering support. The sedan, which Tesla unveiled in March 2009, has an anticipated base price of $49,900, including a federal taxcredit.
Road Trip: 2023 Ford Mustang Mach-E Premium ExtendedRange Making the Case To Be Your Only Car Clean Fleet Report recently ventured on a 1,796-mile, four-state road trip in an all-electric 2023 Ford Mustang Mach-E Premium AWD Extended. The Mach-E has a 91 kilowatt-hour (kWh) extendedrange battery, and a 10.5
Based on the list of vehicles that qualify for IRA’s $7,500 taxcredit, popular battery-electric cars like some variants of the Tesla Model Y and the Ford Mustang Mach-E will not be getting any incentives from the IRA at all. . Credit: US Department of Energy. However, a number of gas-powered hybrids actually do.
The automaker recently confirmed that the new SUV would be built in the United States, opening it to federal taxcredit eligibility. The company made the announcement at its investor day event, during which it also noted that it’s readying extended-range electric vehicles (EREVs) for the U.S.
Tesla Motors. Tesla Motor. Tesla Motors. General Motors. These vehicles are expected to range in price from about $40,000 to more than $100,000. All will qualify for a $7,500 federal taxcredit. D: Myers Motors’ NmG. GM calls the Volt an extended-range electric vehicle, or EREV.
General Motors is working with communities such as San Francisco to develop a plan of action to establish the supporting technical and policy infrastructure required for broad commercialization of plug-in electric vehicles such as the upcoming Chevrolet Volt. GM described its approach at the Washington Auto Show. State Government.
Cadillac has greatly enhanced the performance of its ELR extendedrange electric vehicle (plug-in hybrid) ( earlier post ) for the 2016 model year, and is also cutting the MSRP by $9,005, bringing the starting price down to $58,495 net after the $7,500 US federal taxcredit (MSRP = $65,995). seconds, a 1.5
Like their electric car cousins, all-electric SUVs have come a long way—batteries have evolved to increase range and improve performance, new motors are providing impressive torque and towing capabilities, and prices have come down to make options more affordable, making these SUVs some of the most attractive sport utility options out there.
The Cybertruck will be available in three different trims, including an entry-level single-motor version (which won’t hit the market until 2025) and two all-wheel-drive trims in two-motor and three-motor configurations. The tri-motor all-wheel drive model boasts 0-60 in 2.9 Available EV Incentives Federal TaxCredit.
Two battery options are available, with the standard range holding 98 kWh of usable capacity and the extendedrange pack capable of 131 kWh. Each trim has a variety of packages, range-extending battery options, and add-on features. Colorado Electric Vehicle TaxCredit.
The entry-level Select, feature-heavy Premium, extendedrange California Route 1, the performance-based GT, and the off-road equipped Rally each have their own priorities and strengths, giving drivers a ton of options to get the Mach-E that fits their lifestyle. kWh or an extended-range 91.0-kWh kWh batter pack.
Hyundai Motor America CEO Randy Parker credited the growing demand for EVs and hybrid vehicles to the growth. That’s for the Standard Range model, which has a driving range of up to 245 miles. The extended-range model starts at $46,550 and has a range of up to 318 miles.
That’s for the base SE RWD Standard Range model with up to 245 EPA-est miles driving range. For $46,550, the extendedrange SE RWD trim provides an impressive up to 318 miles driving range. The long-range models feature an 84 kWh battery, up from the previous 77.4 The new model also gains a bigger battery.
Adapters for public DC-charging stations 240- and 120-volt outlets Home charging stations Comparing Model 3 Options at a Glance: Tesla Model 3 Version Price Range Top Speed 0-60 mph EV TaxCredit State/Local Incentives Model 3 Rear-Wheel Drive $40,240 272 miles 140 mph 5.8 The great news?
On Tuesday, industry sources revealed (via KED Global ) Hyundai is developing a next-gen powertrain for extended-range electric vehicles (EREVs). The system includes a fuel-based power unit to extend an electric vehicle’s range. An electric generator charges the vehicle’s battery, enabling longer ranges.
How about two electric motors, one each for the front and rear wheels, with the front motor upgraded for increased performance. The GT Performance gets one more tool for spirited driving, the driver-selectable Unbridled Extend, which is designed for track use, which we tested on an autocross course.
2024 Ford F-150 Lightning Platinum Black Edition (Source: Ford) Ford says the 2024 F-150 Lightning XLT Standard Range Battery can be leased for $335 for 36 months, with $6,344 due at signing. Ford lists the 2024 Mustang Mach-E ExtendedRange Battery lease for $334 for 36 months, with $5,523 due at signing.
EV model Starting Price (including destination fee) Range (EPA-est miles) Screen Size Chevy Equinox EV 1LT $34,995 319 mi 17.7″ 4 Standard RWD $40,290 209 mi 12″ Hyundai IONIQ 5 standard range $43,175 220 mi 12.25″ Nissan Ariya Engage FWD $44,555 216 mi 12.3″ Volvo EX30 single-motorextendedrange $36,245 275 mi 12.3″
We are in Nashville, Tennessee, where Scout Motors shared details of its first SUV, the Traveler, and its all-electric pickup truck, the Terra. That’s because today, we learned that Scout hopes to stomp any customer woes about range anxiety (especially when towing) by offering a gasoline rangeextender option.
But it does have the same electric motor and lithium-ion battery system that will power the five-passenger compact car that Nissan plans to roll out. The Postal Services electric vans will have a range of about 40 miles between charges, Chrysler said. The car Bredesen and others drove at Nissans U.S. No gasoline.
Standard models offer a range of around 240 miles, with the option for an extended-range battery, which bumps that up to an EPA-estimated 320 miles. The Lightning offers five trim levels: Pro, XLT, XLT High, Lariat, and Platinum, each with different top speeds, ranges, and features.
January 1, 2023, kicked off a fresh start of new taxcredits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for taxcredits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.
The list of electric vehicles qualified for the EV taxcredit in calendar year 2024 has been released. Also of note: No Rivian electric truck qualifies for the full $7,500 taxcredit amount in 2024, at this time. The credit amount on these models has fallen to $3,750. And as expected, it’s very short.
The Ford F-150 Lightning’s price starts at $39,974 for the entry-level variant before taxcredits. The Lightning’s mid-range XLT model will cost $52,974. Credit: Ford). Range & Performance. The F-150 Lightning is targeting an EPA-estimated range of 230 miles. Credit: Ford).
The 2025 Rivian R1S SUV and R1T pickup will be offered in Dual-, Tri-, and Quad-Motor layouts, with Standard (LFP), Large, and Max battery packs. But will they qualify for the full $7,500 EV taxcredit? 2025 Toyota Crown Signia And do you want a roomy, gasoline-fueled hybrid station wagon that can get nearly 40 mpg?
Although President-Elect Donald Trump is promising to end the $7,500 EV taxcredit, Hyundai is confident it will continue growing in the US. A Reuters report earlier this month claiming Trump’s transition team is planning to end the $7,500 federal EV taxcredit is causing US automakers to brace for the potential major impacts.
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