Jackyenjoyphotography | Moment | Getty Images Why the new EVs credit may be harder to claim The Inflation Reduction Act, which President Joe Biden signed in August, set various manufacturing requirements for new all-electric and plug-in hybrid vehicles to be able to qualify for the full $7,500 tax credit. As of Aug. 17, for example,… Continue reading That $7,500 electric vehicle tax credit may soon be harder to get. Here are 2 workarounds
Category: US Motoring Press
Here’s why leasing an electric vehicle is about to become a lot more popular
This content is only available to subscribers. Get unlimited digital access. $1 for the first 6 months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on… Continue reading Here’s why leasing an electric vehicle is about to become a lot more popular
Tesla to open battery factory in Shanghai as China seeks foreign investment
This content is only available to subscribers. Get unlimited digital access. $1 for the first 6 months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on… Continue reading Tesla to open battery factory in Shanghai as China seeks foreign investment
How Michigan battery startup Our Next Energy plans to conquer mass EV market
This content is only available to subscribers. Get unlimited digital access. $1 for the first 6 months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on… Continue reading How Michigan battery startup Our Next Energy plans to conquer mass EV market
Bajaj Auto takes charge of Triumph India dealer network, plans expansion to 120 cities
Bajaj Auto takes charge of Triumph India dealer network, plans expansion to 120 cities Bajaj Auto and its partner Triumph Motorcycles have announced the transfer of the British bikemaker’s India sales and marketing operation to the Pune-based OEM. This follows the inking of the strategic partnership between the two companies in January 2020 under which… Continue reading Bajaj Auto takes charge of Triumph India dealer network, plans expansion to 120 cities
Neogen Chemicals signs agreement with MUIS to acquire manufacturing technology license for electrolytes
Neogen Chemicals signs agreement with MUIS to acquire manufacturing technology license for electrolytes Neogen Chemicals, a Bromine-based and Lithium-based specialty chemicals manufacturer, has signed an agreement with MU Iconic Solutions Corporation (MUIS), Japan, to acquire manufacturing technology license for electrolytes in India, with a planned mix of upto 3000 MT per annum. The electrolytes will… Continue reading Neogen Chemicals signs agreement with MUIS to acquire manufacturing technology license for electrolytes
VIDA partners with Lucknow Super Giants for IPL
VIDA, the mobility brand of motorcycle and scooter manufacturer Hero MotoCorp, has partnered with Lucknow Super Giants (LSG) to become their official electric-mobility partner, for the IPL 2023. As the official electric-mobility partner of the LSG, the VIDA logo will be prominently visible on the player helmets and caps throughout the 2023 season of the Indian… Continue reading VIDA partners with Lucknow Super Giants for IPL
Sona Comstar inaugurates second largest manufacturing plant in Chakan
Auto component manufacturer Sona BLW Precision Forgings (Sona Comstar), has inaugurated its second-largest manufacturing plant in Chakan, Pune. With a production capacity of roughly 11.8 million gears, and an estimated investment of Rs 231 crores, the new plant will manufacture driveline products for electric vehicle (EV) and non-EV applications. The plant will be critical in… Continue reading Sona Comstar inaugurates second largest manufacturing plant in Chakan
Sona Comstar inaugurates second largest manufacturing plant in Chakan
Auto component manufacturer Sona BLW Precision Forgings (Sona Comstar), has inaugurated its second-largest manufacturing plant in Chakan, Pune. With a production capacity of roughly 11.8 million gears, and an estimated investment of Rs 231 crores, the new plant will manufacture driveline products for electric vehicle (EV) and non-EV applications. The plant will be critical in… Continue reading Sona Comstar inaugurates second largest manufacturing plant in Chakan
EV industry sells 1 million units in FY23
The electric vehicle industry reported sales of 1152021 electric vehicles in FY23, as per the Society of Manufacturers of Electric Vehicles (SMEV). This includes E-Buses, E-Cars, E-Three-wheelers, and E-two-wheelers, a press release stated. As per the data sourced from manufacturers, 120,000 low-speed (LS) E-scooters, 285,443 (LS) E rickshaws, and around 50,000 (LS) E-cycles were also… Continue reading EV industry sells 1 million units in FY23