Understanding The New Federal Tax Credit For Electric Cars — It’s Complicated
The federal tax incentives for electric cars in the Inflation Reduction Act will benefit many, but impose significant new restrictions.
The federal tax incentives for electric cars in the Inflation Reduction Act will benefit many, but impose significant new restrictions.
Germany, Europe’s largest auto market, saw plugin electric vehicles take 25.5% share in July. This up from 22.6% year on year. Overall auto market volumes were down some 34% from seasonal norms, to 205,911 units, the worst July performance in many years. The Fiat 500e was again Germany’s best selling … [continued]
Norway, the leading country in the electric transport transition, saw a rare annual drop in plugin electric vehicle share in July 2022, to 83.0% from 84.7% year on year. Full electrics grew share modestly (70.7%, from 64.1% YoY) but plugin hybrids lost share (12.3%, from 20.6%). The overall auto market … [continued]
July saw plugin electric vehicles take 50.1% market share in Sweden, up from 37.6% year on year. Overall auto market volume was 17,834 units, up 6% Yoy, though still some 25% down from pre-pandemic norms for July. The best selling full electric was the Volkswagen ID.4. July’s combined plugin share … [continued]
#TheEVFutureIsNow
Stellantis shines in June as new car sales increasingly electric in the Netherlands In the context of a continually falling overall auto market, down 10% year over year (YoY) in June, the Dutch plugin vehicle (PEV) market has nonetheless continued to grow, reaching 34% last month. That’s mostly thanks to … [continued]
In June 2022 Sweden’s plugin electric vehicles took 55.1% market share, up from 49.4% YoY. BEVs grew share by over 31% YoY, whilst PHEVs reduced share slightly. Overall auto market volume, at 26,059 units, was 28% down YoY. Sweden’s best selling vehicle (of any powertrain) in June was the Tesla … [continued]
Plugin vehicles continue to rise in France, with last month’s plugin vehicle registrations ending at 26,517 units, divided between 15,247 BEVs (or 12% share of the overall auto market) and 11,270 PHEVs (9% share of the overall auto market). The former jumped 38% year over year (YoY) while the latter … [continued]
Chinese Lynk & Co 01 PHEV #1 in May In the context of a falling overall market, down 7% year over year (YoY) in May, the Dutch plugin vehicle (PEV) market has continued to grow, reaching 32% last month. That’s mostly thanks to pure electrics (21% of all new vehicle … [continued]
Aside from other issues, setting up Tesla’s new global headquarters in Texas was always weird since Texas has always had anti-Tesla laws in place that prevent easy, convenient in-store sales for Tesla buyers. Sure, you can buy online and have a Tesla shipped to Texas, but you can’t go into … [continued]