Latest News

Latest News

New Jersey halts electric vehicle rebates, demand too high

New Jersey halts electric vehicle rebates, demand too high

Tuesday, April 18, 2023

TRENTON, N.J. (AP) — New Jersey residents looking to buy or lease an electric vehicle won’t be able to get a government rebate — at least temporarily — because the state program is so popular that it’s already running out of money, officials said.

Read more hereRead More

Biden administration announces new EV investments, including from Uber, Zipcar

Biden administration announces new EV investments, including from Uber, Zipcar

Monday, April 17, 2023

The Biden administration on Monday plans to announce a new round public and private commitments aimed at accelerating electric vehicle use throughout United States.

Read more hereRead More

GM will have the most EVs eligible for tax incentive on new IRS list

GM will have the most EVs eligible for tax incentive on new IRS list

Monday, April 17, 2023

The newest list of cars that will be eligible for the new electric vehicle tax credit under the Inflation Reduction Act shows the Detroit Three automakers and Tesla leading the way, with General Motors offering the most.

Read more hereRead More

U.S. Car Brands Will Benefit Most From Electric Car Tax Breaks

U.S. Car Brands Will Benefit Most From Electric Car Tax Breaks

Monday, April 17, 2023

American brands like Tesla and General Motors will benefit most from rules that determine which electric vehicles qualify for tax credits starting on Tuesday. Foreign carmakers like Hyundai will be at a significant disadvantage because of restrictions aimed at cutting China out of the supply chain.

Read more hereRead More

Federal Tax Credits for Plug-in Electric and Fuel Cell Electric Vehicles Purchased in 2023 or After

Federal Tax Credits for Plug-in Electric and Fuel Cell Electric Vehicles Purchased in 2023 or After

Monday, April 17, 2023

All-electric, plug-in hybrid, and fuel cell electric vehicles purchased new in 2023 or after may be eligible for a federal income tax credit of up to $7,500.

The availability of the credit will depend on several factors, including the vehicle's MSRP, its final assembly location, battery component and/or critical minerals sourcing, and your modified adjusted gross income (AGI).

More information hereRead More

Fast EV Chargers to Nearly Double on U.S. Highways Under Expansion Plan

Fast EV Chargers to Nearly Double on U.S. Highways Under Expansion Plan

Thursday, April 13, 2023

Italian energy giant Enel ENEL 0.68%increase; green up pointing triangleSpA said it would nearly double the amount of electric-vehicle fast chargers in the U.S. by 2030, as the Biden administration steps up efforts to switch more drivers to greener cars.

Read more hereRead More

New US Electric Vehicle Rule Would Speed Supply Chain Changes

New US Electric Vehicle Rule Would Speed Supply Chain Changes

Wednesday, April 12, 2023

A Biden administration proposal would force U.S. automakers to sharply increase their production of electric cars and trucks over the next decade, lending greater urgency to the effort to build raw material supply chains that reduce the industry’s dependence on China.

Read more hereRead More

Biden proposal will change auto industry, push consumers toward electric vehicles

Biden proposal will change auto industry, push consumers toward electric vehicles

Wednesday, April 12, 2023

President Joe Biden's administration on Wednesday proposed historically tougher greenhouse gas emission standards for cars and trucks sold in the U.S. that it says could lead to electric vehicles accounting for as much as 67% of all new sales in less than a decade.

Read more hereRead More

Ford to convert Ontario plant into electric vehicle complex

Ford to convert Ontario plant into electric vehicle complex

Tuesday, April 11, 2023

DETROIT (AP) — Ford Motor Co. says it will spend $1.34 billion ($1.8 billion Canadian) to convert an SUV factory in suburban Toronto so it can build next-generation electric vehicles.

Read more hereRead More

US proposes to slash EV mileage ratings to meet fuel economy rules

US proposes to slash EV mileage ratings to meet fuel economy rules

Tuesday, April 11, 2023

WASHINGTON, April 10 (Reuters) - The U.S. Energy Department (DOE) on Monday proposed reducing electric vehicles' (EV) mileage ratings to meet government fuel economy requirements, a move that could force automakers to sell more low-emissions cars or improve conventional models.

Read more hereRead More

Pages