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JATO: Euro car market drops 7.9% in June; SUV demand slows; Tesla posts highest market share gain

Green Car Congress

The European car market dropped in June 2019 as 1.49 It was the biggest monthly drop so far in 2019, as only four out of the 27 markets included in JATO’s analysis posted growth but counted for a marginal 2.6% The diesel crisis is particularly challenging in Scandinavia, where electric cars continue to increase their market share.

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EIA projects US renewable diesel supply to surpass biodiesel in the near term but remain small part of larger diesel market

Green Car Congress

EIA projects that production of renewable diesel supply will grow because of its compatibility with existing distribution infrastructure and engines, higher state and federal targets for renewable fuel production, incentives from tax credits, and the conversion of existing petroleum refineries into renewable diesel refineries. Source: 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. Sales Performance and Impact of the ID.4

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Autovista24 – Autumn Budget implications for UK LCV market

Baua Electric

This marks three months of consecutive growth and the market’s best October in three years. In the year to date, the UK LCV market recorded 294,313 registrations , up 3.5% market share in October with 17,683 deliveries. Battery-electric vehicle ( BEV ) registrations in the LCV market surged 57.3% year on year. tonnes GVW.

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

Baua Electric

market, as part of around-the-world price cuts. 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. The first quarter of 2024 was Tesla’s worst for sales since pandemic shutdowns.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Stephanie Valdez-Streaty , director of Industry Insights at Cox Automotive, said: “EV sales continue to grow in the U.S., At last check, we had 15 new EV models for sale that were not available a year earlier. Better choices and more options are helping push prices lower and drive higher sales.”

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Tesla Cybertruck resale market loses all momentum

Baua Electric

Tesla Cybertrucks were getting more than twice their value on the resale market just a few weeks ago, but the electric pickup truck has now lost all its momentum in terms of resale value. The automaker has taken actions to try to limit the Cybertruck resale market. Resellers are having issues turning them for a profit now.

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