The big electric vehicle (EV) story at the moment, in the US at least, is the expiring US EV tax credit, which provides up to $7,500 for buyers of new electric vehicles. After September 30, the tax credit is gone. But … maybe just sort of gone for some automakers … [continued]
With the rules on the $7,500 US EV tax credit getting updated at the turn of the year, the list of electric vehicles that now qualify for the US EV tax credit has changed as well. It’s widely expected that Republicans in Congress and Donald Trump will kill the US … [continued]
I’ve gotten a lot more background on how the EV lease element of the Inflation Reduction Act came to be what it is. It’s an interesting story for another day. But a key here today is that leasing has become a much bigger portion of electric vehicle sales in the … [continued]
It seems like we get news of BYD entering a new market around the world every week now, so it’s hard to keep up! However, it’s great for the overall mission to accelerate adoption of electric vehicles around the world. Just the other week, BYD officially entered the Zambian market … [continued]
The profits of Europe’s top leasing companies have increased by close to 60% over the last five years, totaling almost €16 billion. Over the course of a standard lease period, leasing companies are now profiting close to €2,000 on each car. Profits of Europe’s major leasing companies have grown by … [continued]
Electric cars are the future, yet today’s EVs are unaffordable for many people. This doesn’t have to be the case.
Recent changes to federal regulations deemed certain electric vehicles no longer eligible for the full $7,500 tax credit. However, a loophole has been spotted that restores eligibility to nearly any EV, whether from Tesla or other automakers. After the list of EVs qualifying for the full credit was cut significantly … [continued]
Are leasing companies overcharging customers on EV deals?
Onto, a UK-based vehicle subscription service, is working to accelerate EV adoption by making access to electric vehicles easier, flexible, and affordable. Through its all-inclusive packages, Onto eliminates the hassle of long term contracts and large upfront deposit payments as well as the seemingly endless paperwork usually associated with traditional … [continued]
Equator Mobility, previously known as META Electric, is ramping up its operations in Kenya, with the objective of catalyzing the transition to electric mobility. It launched its operations last year, seed-funded by Maris Ltd, an Africa-focused investment company, by introducing a B2B leasing program with the option of direct sales … [continued]
