An electric vehicle is charged in Monterey Park, California, on April 12, 2023. – US President Joe Biden’s administration unveiled new proposed auto emissions rules, aiming to accelerate the electric vehicle transition with a target of two-thirds of the new US car market by 2032. Frederic J. Brown | AFP | Getty Images Fewer electric… Continue reading Some electric vehicles from BMW, Nissan, Hyundai and Volkswagen will no longer get federal tax credits
Tag: Geely
Fewer new cars qualify for $7,500 electric vehicle tax credit. Here are 2 alternatives
Uwe Krejci | Digitalvision | Getty Images The number of new electric vehicles eligible for a $7,500 federal tax credit fell by almost half on Tuesday, as new rules issued by the U.S. Department of the Treasury took effect. However, consumers in the market for an electric passenger vehicle can still access a tax break… Continue reading Fewer new cars qualify for $7,500 electric vehicle tax credit. Here are 2 alternatives
U.S. House Ways and Means chair questions Ford agreement with CATL in Marshall project
Washington — The chair of the powerful House Ways and Means Committee wrote a letter Monday to Ford Motor Co. arguing the company’s planned battery plan in Marshall, Michigan, may go against the intent of the Inflation Reduction Act. Ford is building a $3.5 billion battery plant in the small town east of Battle Creek… Continue reading U.S. House Ways and Means chair questions Ford agreement with CATL in Marshall project
Chinese luxury EV brand Zeekr will expand to Europe by end of 2023
Zeekr, the premium electric vehicle brand under China’s Geely Automobile Holdings, has confirmed plans to expand into Europe this year. The company will begin selling its Zeekr 001 luxury shooting brake and Zeekr X urban SUV in Sweden and the Netherlands starting in the fourth quarter of 2023, with plans to expand quickly to other… Continue reading Chinese luxury EV brand Zeekr will expand to Europe by end of 2023
NIO Wants No Part of Tesla’s Price War. The Stock Is Falling.
TechCrunch BMW, Rivian, Hyundai, Volvo lose access to EV tax credit The United States Treasury updated its list of electric vehicles eligible for a $7,500 EV tax credit per its new rules for battery sourcing, and BMW, Nissan, Rivian, Hyundai, Volvo and Volkswagen are no longer on it. Other Tesla models will still be eligible… Continue reading NIO Wants No Part of Tesla’s Price War. The Stock Is Falling.
Horizon Robotics Showcases Energy-Efficient Solutions for Consumer Vehicles at Shanghai Auto Show 2023
Horizon’s versatile ADAS solutions help take driving to the next level of comfort and safety SHANGHAI, April 18, 2023 /PRNewswire/ — Horizon Robotics, a leading provider of energy-efficient computing solutions for advanced driver assistance systems (ADAS) and automated driving (AD) for consumer vehicles, kicked off its presence at the Shanghai Auto Show 2023 by showcasing… Continue reading Horizon Robotics Showcases Energy-Efficient Solutions for Consumer Vehicles at Shanghai Auto Show 2023
German Handelsblatt: Inflation Reduction Act: US government publishes list of subsidized e-cars: BMW and Mercedes do not benefit, VW has to tremble006715
Volkswagen The ID.4 EV did not initially qualify for tax rebates. (Photo: IMAGO/ZUMA Wire) According to the US Treasury Department, electric models from German carmakers Volkswagen, BMW and Mercedes do not meet the new battery procurement rules. However, since this is a prerequisite for tax breaks of $7,500 per vehicle, the three manufacturers are losing… Continue reading German Handelsblatt: Inflation Reduction Act: US government publishes list of subsidized e-cars: BMW and Mercedes do not benefit, VW has to tremble006715
German Handelsblatt: Inflation Reduction Act: US government publishes list of subsidized e-cars: BMW and Mercedes do not benefit, VW has to tremble006711
Volkswagen The ID.4 EV did not initially qualify for tax rebates. (Photo: IMAGO/ZUMA Wire) According to the US Treasury Department, electric models from German carmakers Volkswagen, BMW and Mercedes do not meet the new battery procurement rules. However, since this is a prerequisite for tax breaks of $7,500 per vehicle, the three manufacturers are losing… Continue reading German Handelsblatt: Inflation Reduction Act: US government publishes list of subsidized e-cars: BMW and Mercedes do not benefit, VW has to tremble006711
German Manager Magazin: USA: Government cancels tax premium for e-cars from Volkswagen, BMW and other manufacturers002435
The US government is promoting the purchase of electric cars with tax credits of up to $7,500 – but only relatively few models will qualify for this in the future. For e-vehicles from bmw, Volkswagen, Nissan, Rivian, Hyundai and Volvo, the subsidies will initially be eliminated, as emerged on Monday (local time) from a list… Continue reading German Manager Magazin: USA: Government cancels tax premium for e-cars from Volkswagen, BMW and other manufacturers002435
German Handelsblatt: Electric luxury: This is how Mercedes Maybach makes electric006709
Mercedes-Maybach EQS SUV The luxury SUV is the luxury brand’s first electric model. (Photo: Mercedes-Benz) The term luxury is clearly defined in the Mercedes world. 99 percent of customers choose the S-Class, EQS or GLS. However, anyone who can afford it gets into a Mercedes-Maybach. The sub-brand serves particularly well-funded buyers who want it even… Continue reading German Handelsblatt: Electric luxury: This is how Mercedes Maybach makes electric006709