The majority of EV purchasers eligible for a federal tax credit have gotten the credit as a point-of-sale rebate since that option was added at the beginning of the year, The Treasury Department said in a press release. As part of a revamp of the federal EV credit enacted under the Inflation Reduction Act (IRA), … Continue reading “Feds: 90% of eligible EV purchases get tax credit at point of sale”
Written by Electric Vehicles Magazine
With Tesla’s shareholder meeting still hours away, Tesla CEO Elon Musk shared charts suggesting that shareholders have approved two controversial ballot measures. With Tesla’s shareholder meeting coming tomorrow, Tesla has been spending the last several weeks campaigning hard to get shareholders to vote. There are multiple shareholder proposals on the ballot, along with votes to … Continue reading “Tesla shareholder vote results: Musk says his ~$55B pay package is approved”
Written by Electric Vehicles Magazine
Tesla tweeted news that it has two autonomous Optimus robots working at its factory, BYD announces a new, RWD hot hatch, EV sales are building towards future growth, and there’s a new, internationally recognized electric karting championship coming to the US. All this and more on today’s exciting episode of Quick Charge. And the best … Continue reading “Optimus gets to work, a new BYD, EV forecasts, and go karts | Quick Charge”
Written by Electric Vehicles Magazine
As the race heats up to introduce more affordable electric cars, Ford is bringing on some of the best EV engineers to help it compete. Over the past few months, Ford has hired talent from Tesla, Rivian, Apple, and Lucid to help accelerate the development of affordable EVs. A bet on affordability Ford CEO Jim … Continue reading “Ford poaches ex-Tesla, Rivian, and Apple talent to develop affordable EVs”
Written by Electric Vehicles Magazine
After introducing new incentives, the Honda Prologue EV is now cheaper to lease than Tesla’s Model Y. Honda believes the Prologue hits the “sweet spot” of the electric SUV market at the right price. Can it compete with Tesla’s best-selling Model Y? After kicking off production of its first global electric SUV in February, the … Continue reading “Honda undercuts Tesla Model Y after slashing Prologue EV lease prices to $399/mo”
Written by Electric Vehicles Magazine
Headlining today’s Green Deals is Lectric’s Father’s Day sale that is taking up to $355 off e-bike bundles, like the XPeak off-road e-bikes at $1,299, as well as taking $19 off add-on gear just for Dad and even a chance to win a free e-bike. Following behind are rare discounts on the UGREEN PowerRoam 1200 … Continue reading “Save $355 during Lectric Father’s Day EV sale, rare UGREEN PowerRoam station discounts, Husqvarna robot mower, more”
Written by Electric Vehicles Magazine
A new electric hot hatch is about to hit the market. The new BYD Seal 06GT was uncovered in China ahead of its official market debut later this year. BYD revealed the new Ocean-M at the Beijing Auto Show in April, calling it the first RWD performance electric hatch. As the latest addition to its … Continue reading “BYD Seal 06GT leaks in China as sporty new EV hatch poised for EU market”
Written by Electric Vehicles Magazine
Have you ever dreamt of becoming a professional racer? Maybe not stock cars, but perhaps you’ve smoked little kids at the go-kart track and thought, “Yeah, I could go pro.” Now’s your chance as the World Kart Association and Blue Shock Race are bringing an electric kart racing championship to the US, and racers of … Continue reading “Championship electric go-kart racing is coming to the US this fall, and you can participate”
Written by Electric Vehicles Magazine
China-based battery manufacturer Contemporary Amperex Technology (CATL) has launched its Shenxing PLUS LFP battery, which the company claims is the first to reach specific energy of 205 Wh/kg, capable of achieving a range of more than 621 miles on a full charge. An EV equipped with the new battery system can deliver a range of … Continue reading “CATL introduces Shenxing PLUS extended-range battery”
Written by Electric Vehicles Magazine
After concluding that EVs imported from China have an unfair advantage due to government subsidies, the European Commission said it would impose additional tariffs by up to 38.1%. How will the new EU tariffs impact Chinese EV makers like BYD and NIO? Why is the EU imposing new duties on China EV imports? The EU … Continue reading “Here’s how the new EU tariffs will impact Chinese EV makers like BYD and NIO”