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
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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
@Nissan: Nissan electrifies the Commercial Vehicle Show with the Townstar EV: the centrepiece of its All-Star LCV lineup001026
Nissan’s All-Star LCV line-up, including the all-new electric Townstar compact van, heading to the Commercial Vehicle Show. With the LCV market expected to shift rapidly towards electrification, Nissan is ready to help businesses future-proof their operations. Visit the Nissan stand 5A52 in Hall 5 of the show. The all-new electric Townstar will take centre-stage as… Continue reading @Nissan: Nissan electrifies the Commercial Vehicle Show with the Townstar EV: the centrepiece of its All-Star LCV lineup001026
PolyCharge and Mitsubishi Heavy Industries Enter into Joint Development and Supply Agreement
TUCSON, Ariz., April 17, 2023 /PRNewswire/ — PolyCharge America, Inc. (“PolyCharge”), announced today that Mitsubishi Heavy Industries, Ltd. (“MHI”), and PolyCharge have entered into a Joint Development and Supply Agreement to facilitate the development and supply of capacitor products based on PolyCharge’s revolutionary NanoLam™ technology. MHI also confirmed, as part of this transaction, that it… Continue reading PolyCharge and Mitsubishi Heavy Industries Enter into Joint Development and Supply Agreement
Luxury Car Market size in Australia to grow by USD 30,298.94 actual units from 2022 to 2027, Driven by the integration of advanced technologies in luxury cars – Technavio
NEW YORK, April 17, 2023 /PRNewswire/ — The luxury car market size in Australia is forecast to increase by USD 30,298.94 actual units from 2022 to 2027, at a CAGR of 5.28%, according to the recent market study by Technavio. The growth of the market will be driven by the integration of advanced technologies in… Continue reading Luxury Car Market size in Australia to grow by USD 30,298.94 actual units from 2022 to 2027, Driven by the integration of advanced technologies in luxury cars – Technavio
German Handelsblatt: Electric car ranking: VW is growing faster than Tesla, Stellantis and Hyundai are collapsing – the most popular electric cars 2023006690
Die Zahl rein elektrischer Neuwagen in Deutschland ist im März wieder stärker gestiegen als zuletzt. Mehr als 44.100 batterieelektrische Fahrzeuge kamen im vergangenen Monat neu auf die Straßen, wie das Kraftfahrt-Bundesamt am Mittwoch mitteilte. Das waren rund 28 Prozent mehr als noch im gleichen Monat des Vorjahres. Damit war das Wachstum im Vorjahresvergleich doppelt so… Continue reading German Handelsblatt: Electric car ranking: VW is growing faster than Tesla, Stellantis and Hyundai are collapsing – the most popular electric cars 2023006690
The $25,000 electric vehicle is coming, with big implications for the auto market and car buyers
Sales of the sub-$30,000 Chevy Bolt, being assembled here in Orion Township, Michigan, allowed GM to recently pass Ford as a distant No. 2 behind Tesla in EVs. Joe White | Reuters From the headlines, car buyers might think the most important force driving down the cost of electric vehicles is the $7,500 tax credit… Continue reading The $25,000 electric vehicle is coming, with big implications for the auto market and car buyers
Best small vans to buy 2023
A small van is a crucial part of many commercial vehicle line ups, offering versatility, a car-like driving experience and low running costs as well. These models are the most compact work vehicles you’ll find for sale, but they still come in a variety of sizes. Typically, small vans have a two-box layout, with a… Continue reading Best small vans to buy 2023
Revealed: India’s Top 30 utility vehicles in FY2023
India’s passenger vehicle (PV) industry has closed FY2023 with record 3.89 million-unit sales, an increase of 20% over FY2022. Powering this growth, even as demand for mass-market entry level hatchbacks remained tepid, is the utility vehicle (UV) segment with all-time high sales of 20,03,718 units, up 35% year on year (FY2022: 14,89,219 units). With this… Continue reading Revealed: India’s Top 30 utility vehicles in FY2023
Automotive transmission systems market size to grow by USD 52.34 bn from 2022 to 2027: Growth driven by increasing adoption of automatic transmission in vehicles – Technavio
NEW YORK, April 14, 2023 /PRNewswire/ — The global automotive transmission systems market size is estimated to increase by USD 52.34 billion between 2022 and 2027. The market’s growth momentum will be progressing at a CAGR of 6.28%. The market is driven by the increasing adoption of automatic transmission in vehicles. Automatic transmission eliminates the… Continue reading Automotive transmission systems market size to grow by USD 52.34 bn from 2022 to 2027: Growth driven by increasing adoption of automatic transmission in vehicles – Technavio