TSLA306.330-6.69991%
GM85.6102.97%
F14.4800.115%
RIVN16.5400.7%
CYD46.4001.33%
HMC28.9550.795%
TM181.6204.2%
CVNA63.7453.285%
PAG216.220-1.13%
LAD342.8501.9%
AN211.9603.78%
GPI337.0406.17001%
ABG226.0030.7628%
SAH102.4802.66%
TSLA306.330-6.69991%
GM85.6102.97%
F14.4800.115%
RIVN16.5400.7%
CYD46.4001.33%
HMC28.9550.795%
TM181.6204.2%
CVNA63.7453.285%
PAG216.220-1.13%
LAD342.8501.9%
AN211.9603.78%
GPI337.0406.17001%
ABG226.0030.7628%
SAH102.4802.66%
TSLA306.330-6.69991%
GM85.6102.97%
F14.4800.115%
RIVN16.5400.7%
CYD46.4001.33%
HMC28.9550.795%
TM181.6204.2%
CVNA63.7453.285%
PAG216.220-1.13%
LAD342.8501.9%
AN211.9603.78%
GPI337.0406.17001%
ABG226.0030.7628%
SAH102.4802.66%

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tax credits

Only 20 EVs are still currently eligible for tax credits

- August 18, 2022
The Biden administration said yesterday that about 20 models of electric vehicles would qualify for tax credits worth up to $7,500 through the end of this year. The Inflation Reduction Act,...
Tesla

Tesla has built over 3 million EVs, plans to boost output by 50% annually

- August 16, 2022
Tesla founder and CEO Elon Musk tweeted over the weekend that Tesla production has surpassed the three million vehicle mark. In the tweet, Musk congratulated Tesla's Giga Shanghai factory after months of lockdowns...
tax credits

Audi, Kia, Porsche EVs will lose US tax credit eligibility under new law

- August 16, 2022
Automakers including Audi of America, Kia, and Porsche said that buyers of their electric vehicles would lose access to federal tax credits worth up to $7,500 once President Joe Biden signs the Inflation Reduction Act into...

NADA Chairman Mike Alford on EVs, OEM direct sales, and supply issues

- August 11, 2022
It has been an incredible time in retail automotive for car dealers. Sales have been strong, considering the inventory crisis, and profits continue to soar. Today on Inside Automotive, we’re...

How will EVs affect your service department?

- August 2, 2022
As dealers grapple with the impact that electric vehicles will have on their business, the one topic that is often glossed over is, what will these vehicles do to the...

LG Chem deal will supply General Motors cathode material for 5 million EVs

- July 27, 2022
General Motors needs about 950,000 tons of cathode active materials (CAM) to reach its goal of becoming a carbon-neutral company by 2040. To get the 950,000 tons necessary to build electric...
APEAL

High gas prices shrink gap between EVs and gas-powered cars in J.D. Power APEAL study

- July 25, 2022
The recently released J.D. Power 2022 U.S. Automotive Performance, Execution and Layout (APEAL) study revealed that battery electric vehicle owners are less satisfied with charge times and driving range than they...
GM

CEO Mary Barra: General Motors BEVs will outsell Tesla by 2025

- July 21, 2022
In an interview with the Associated Press, General Motors Chief Executive Officer Mary Barra laid out the automaker’s plans and expectations for the future. Barra said that despite high inflation,...
Walmart

Walmart is buying 4,500 EVs from Canoo to enhance last-mile delivery

- July 13, 2022
Walmart has agreed to purchase 4,500 all-electric vehicles from Canoo, starting with the lifestyle delivery vehicle (LDV). The agreement also states that Walmart has the potential to purchase up to...

GM is only producing 12 Hummer EVs per day, reservations near 80,000

- July 4, 2022
With almost 80,000 people on the waitlist, General Motors is struggling to keep up with the demand for its new electric Hummer. GM is experiencing significant supply-chain problems due to...
CBT News
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