Tag: Geely

The Polestar 4 electric SUV arrives with 544 HP and no rear window

The 102kWh battery supports up to 200kW DC fast-charging. Polestar has revealed its coupe-style electric SUV at the Shanghai Auto Show, and as expected, the Polestar 4 is a head turner with a lot of power. It also has a pretty bold design choice: there’s no rear window, so the driver’s rear view is provided… Continue reading The Polestar 4 electric SUV arrives with 544 HP and no rear window

German Handelsblatt: Inflation Reduction Act: US Treasury Department publishes list of subsidized electric cars: BMW and Mercedes do not benefit, VW has to tremble006705

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 automakers Volkswagen, BMW and Mercedes do not qualify for tax breaks of $7,500. The three manufacturers did not meet the new battery procurement rules and thus lost their right to the… Continue reading German Handelsblatt: Inflation Reduction Act: US Treasury Department publishes list of subsidized electric cars: BMW and Mercedes do not benefit, VW has to tremble006705

German Handelsblatt: Inflation Reduction Act: US Treasury Department publishes list of subsidized electric cars: BMW and Mercedes do not benefit, VW has to tremble006705

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 automakers Volkswagen, BMW and Mercedes do not qualify for tax breaks of $7,500. The three manufacturers did not meet the new battery procurement rules and thus lost their right to the… Continue reading German Handelsblatt: Inflation Reduction Act: US Treasury Department publishes list of subsidized electric cars: BMW and Mercedes do not benefit, VW has to tremble006705

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. The new requirements will go into effect Tuesday, and they’ll also cut credits for the Tesla Model 3… Continue reading BMW, Rivian, Hyundai, Volvo lose access to EV tax credit

Nissan, VW, Rivian, BMW lose access to U.S. EV tax credits

(Reuters) — The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. The Treasury said the new requirements effective Tuesday will also cut by half credits for the Tesla Model 3 Standard Range Rear Wheel Drive to… Continue reading Nissan, VW, Rivian, BMW lose access to U.S. EV tax credits

VW, Rivian, Nissan, BMW lose access to U.S. EV tax credits, article with gallery

April 17 (Reuters) – The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. The Treasury said the new requirements effective Tuesday will also cut by half credits for the Tesla (TSLA.O) Model 3 Standard Range Rear… Continue reading VW, Rivian, Nissan, BMW lose access to U.S. EV tax credits, article with gallery

Automotive market size in Singapore to grow by 18,191 actual units between 2022 and 2027; Growth driven by demand for economical and low-pollution vehicles – Technavio

NEW YORK, April 17, 2023 /PRNewswire/ — The automotive market in Singapore is estimated to grow by 18,191 actual units from 2022 to 2027. The growth momentum will be progressing at a CAGR of 6.03% during the forecast period. The market is segmented by propulsion (IC engine-based vehicles and electric vehicles), vehicle type (passenger cars and commercial vehicles),… Continue reading Automotive market size in Singapore to grow by 18,191 actual units between 2022 and 2027; Growth driven by demand for economical and low-pollution vehicles – Technavio

Exro Announces Strategic Partnership with Top Three Global Motor Manufacturer, Wolong Electric Group

The strategic partnership amplifies Exro’s market presence with access into Wolong’s extensive customer network for e-mobility applications Wolong Electric Group is a world-famous automation solution supplier and one of world’s top three motor manufactures for industrial and automotive applications with ownership of a family of brands including ATB Group, Brook Crompton, GE Industrial Motors, and… Continue reading Exro Announces Strategic Partnership with Top Three Global Motor Manufacturer, Wolong Electric Group

Volvo C40 and XC40 Recharge updated with new battery tech

The Volvo XC40 Recharge and C40 Recharge have been updated with new battery technology and drivetrains. Announced in December 2022, Volvo has now revised initial performance expectations, confirming new, longer ranges for both models.  Volvo’s tweaks apply to every XC40 and C40 Recharge model and starting with the entry-level XC40 Recharge single-motor (which has received… Continue reading Volvo C40 and XC40 Recharge updated with new battery tech