Tag: EV tax credits
Negotiations between the US and EU will have a status to...
After encountering months of international criticism over his administration’s Inflation Reduction Act, President Biden is set to enter negotiations with the President of the...
Weekly Roundup: New NAMAD President has big plans, Deloitte shares 2023...
Study finds car dealers are vulnerable to the uptick in cybersecurity threats, used vehicle prices inch higher in January, President Biden reworks tax credits...
Certain models of Lucid’s Air luxury vehicle will qualify for a...
Lucid announced that owners of certain Air electric luxury sedans will be entitled to a $7,500 credit. However, Lucid will be responsible for paying...
Democratic Senator Joe Manchin’s proposed new bill demands rapid enforcement of...
To put it in simple terms, Joe Manchin opposes EV adoption. The Democratic Senator from West Virginia, the country's second-largest coal supplier, has introduced...
GM and Treasury argue over EV tax credits for Cadillac Lyriq
The U.S. Treasury Department has refused to classify General Motor's electric Cadillac Lyriq as an SUV, a restriction which prohibits the vehicle from qualifying...
Treasury Dept. announces consumer leases can qualify for new EV tax...
As of January 1, 2023, automakers selling EVs with final assembly outside of North America could qualify for a commercial vehicle tax credit, according...
Goldman Sachs says big bucks in store for green energy infrastructure
Goldman Sachs believes the Biden Administration’s Inflation Reduction Act could breathe new life into the U.S.’s green energy infrastructure.
In an interview with CNBC, Michele...
EU seeks changes to ‘discriminatory’ U.S. Inflation Reduction Act
The Inflation Reduction Act, which is set to go into effect this January, might make America a global leader in the electric vehicle market...
Study reveals most car buyers ‘somewhat familiar’ with new EV tax...
Cox Automotive Mobility's newest survey found that electric vehicle owners are only 'somewhat familiar' with new EV tax credits included in the Inflation Reduction...
Biden vows to continue talks with South Korea over EV tax...
President Joe Biden has reached out to South Korean President Yoon Suk-yeol, signaling his willingness to continue negotiations with the country regarding the recently...