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Elon Musk corrects presidential candidate who misunderstood Tesla’s Master Plan Part 3

Teslarati

Construction of the factory is expected to start in Q3 2023, with Megapack production poised to start in Q2 2024. Tesla is increasing production rapidly in Texas, California & Nevada. Tesla is increasing production rapidly in Texas, California & Nevada. Whereas everyone else except for GM gets the $7,500 tax credit.

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Foxconn brings EV battery production to two U.S. states

Teslarati

The Asset Purchase Agreement was executed in November 2021, and essentially helped start production of the Endurance electric pickup. ” The move highlights companies bringing EV battery production to the U.S. in an effor to receive tax credits that are part of the Inflation Reduction Act. .”

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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives?

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Ford re-opens order books for Mach-E; higher range, lower pricing; all standard range models with LFP packs

Green Car Congress

Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)

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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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Ford to boost production capacity of electric F-150 Lightning to 150,000 per year; ability to produce 600K BEVs annually within 24 months

Green Car Congress

Ford Motor Company plans to raise production of the F-150 Lightning pickup at the Rouge Electric Vehicle Center in Dearborn to 150,000 trucks per year to meet high demand, Beginning Thursday, the first group of reservation holders will be invited to place their orders for the F-150 Lightning.

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How New Eligibility Criteria for the Electric Vehicle Tax Credit Affects You

Blink Charging

Opting for an electric vehicle and leveraging the EV tax credit to help with your next electric vehicle purchase is a smart move. This tax credit is applicable to qualifying clean vehicles placed into service within the current year, and it’s claimed in the year you take delivery. free-trade agreement partner country.