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Rising UK sales reflects growing consumer confidence in EVs

My Energi

According to data from the Society of Motor Manufacturers and Traders (SMMT), 34,034 battery electric vehicles (BEVs) and 16,604 plug-in hybrids (PHEVs) were registered in June 2024, increasing 7.4% While you may expect this investment to hit your finances hard, in reality EVs are far more affordable than you’d think.

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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

The state’s most popular program, the Clean Vehicle Rebate Project (CVRP) , offers rebates from $1,000 to $7,500 for the purchase or lease of eligible zero-emission vehicles, including electric (EV), plug-in hybrid electric (PHEV), and fuel cell vehicles (FCEV).

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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

From July 1, 2023, onwards, all Colorado residents who purchase an electric or plug-in hybrid electric vehicle (PHEV) with an MSRP of up to $80,000 qualify for an EV tax credit of $5,000. Colorado Electric Vehicle Tax Credit Qualifications The increased $5,000 Colorado tax credit applies to all EVs and PHEVs with an MSRP under $80,000.

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Big declines for BEVs in EU new-car markets

Baua Electric

Plug-in hybrids (PHEVs) saw registrations fall by 35.3%, with over 3,000 fewer units taking to the country’s roads. This effectively wiped out any grants on BEVs built in China. The long wave of inflation together with the high interest rates to finance new-vehicle purchases weigh negatively on consumers’ desire to change cars.

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Big declines for BEVs in EU new-car markets

Baua Electric

Plug-in hybrids (PHEVs) saw registrations fall by 35.3%, with over 3,000 fewer units taking to the country’s roads. This effectively wiped out any grants on BEVs built in China. The long wave of inflation together with the high interest rates to finance new-vehicle purchases weigh negatively on consumers’ desire to change cars.

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Why communication is key to accelerating electrification

My Energi

After all, according to the latest vehicle registration data from the Society of Motor Manufacturers and Traders (SMMT), [1] more than 23,000 battery electric vehicles (BEVs) and 8,900 plug-in hybrids (PHEVs) were sold across the UK in October 2023 alone – six times the number of diesel cars (5,261). But why is this relevant?

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Electric Vehicle Spotlight: Financing Chevrolet Blazer EV

EV Life

We’ll also show you how to save a ton of money by financing your purchase through EV Life. The base model 2LT features standard front-wheel drive along with the option for eAWD with a dual motor setup. Taking Advantage of Your EV Incentives The only problem with all these incentives, rebates, and grants? Clean Cars 4 All.