Tag: Inflation Reduction Act
Ford recalibrates EV strategy, cancels electric SUV, and focuses on profitability
Ford is adjusting its electrification strategy, canceling plans for a fully electric SUV in a move that could cost the automaker approximately $1.9 billion....
Auto industry rallies to preserve Inflation Reduction Act as election looms
As the U.S. presidential election approaches, the auto industry urges lawmakers to maintain the Inflation Reduction Act (IRA), a critical piece of legislation that...
EV sales set to break records in U.S., but lag behind...
According to Atlas Public Policy, electric vehicle (EV) sales are predicted to account for a record 9% of all passenger vehicles in the U.S....
U.S. Treasury Department releases new proposed guidance for EV tax credits
The U.S. Treasury Department revealed its proposed guidance for point-of-sale discounts on electric vehicles that many consumers will be able to obtain beginning January...
EV credits – Are they worth it?
“Cash back” always sounds like a good deal, right? You might even have bought one or two things in your life that you did...
In an updated guidance, Tesla is now eligible for $4,000 used...
A significant feature of the Inflation Reduction Act is the tax credit for used electric vehicles. The credit, which has a maximum value of...
Why the auto industry is torn over EV infrastructure
Mark LaNeve is the president of Charge Enterprises, a company specializing in EV infrastructure solutions, and a former executive at automakers GM and Ford....
Used EV prices fell in January in response to $4,000 tax...
Used electric vehicle values continued to decline in January, as sellers lowered their prices to accommodate tax credit eligibility requirements set in the Biden...
Biden expands EV tax credit eligibility after automaker complaints
EV tax credit eligibility was expanded last week in response to complaints from Ford, General Motors and Tesla over the Inflation Reduction Act's SUV...
Dealers need more straightforward guidance for EV tax credits
To almost no one's surprise, the Federal Government's attempt at explaining the new consumer EV tax credit only caused more confusion. It was hoped...
