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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable. More on this below.

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Prius Accounts for 10% of All New Passenger Car Sales in Japan in November

Green Car Congress

Toyota’s Prius maintained its top spot in Japan new passenger car sales in November for the seventh month in a row, posting 26,815 units, according to data from the Japan Automobile Dealers Association. Total passenger car sales for the month were 268,450 units. Monthly sales of the Prius in Japan since 2007.

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Hertz’s EV sale to fan cost concerns, dampen used-car market – ET Auto

Baua Electric

“The larger impact of Hertz EV fire sale is the perception hit to the technology,” said Karl Brauer, analyst at used-car aggregator iSeeCars.com. fleet operator of EVs, has blamed the sale on high repair costs and weak demand for the vehicles it offers on rent. Hertz, the largest U.S. The value of used EVs has dropped 33.7%

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How to Choose the Right Electric Car for Your Lifestyle?

Get Electric Vehicle

In the fiscal year 2023 , the domestic electric vehicle (EV) industry witnessed remarkable growth, with retail sales surpassing 1,181,734 units. If you find yourself considering the purchase of an electric car and are in search of a comprehensive guide , look no further.

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Tesla is most popular used EV brand in Carmax’s 2023 Electric Vehicle Consumer Report

Teslarati

Peak search interest occurred in October, which was around the time when new rules for the US’ federal EV tax credit were being implemented. CarMax’s dealership and online shopping data provided insights into the most popular used electric vehicles in their inventory.

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IEA report draws lessons from rapid uptake of EVs in Nordic countries

Green Car Congress

The report outlines the key factors contributing to successful developments and identifies key lessons to be learned, providing insights for countries currently developing their electric mobility strategies. The Nordic countries represent the third-largest electric-car market by sales, after China and the United States.

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You can power your home for 21 days with a Chevy Silverado EV and GM’s new bidirectional charger

Baua Electric

Customers can purchase GM Energy’s V2H bundle through current GM mobile brand apps. Installation costs and taxes won’t be included and will vary, depending on a home’s existing setup and other things. Electrek ‘s Jameson Dow will demo GM Energy’s new V2H products on May 9 and will report back with insights.