Tesla’s Price Cuts Accelerate The EV Market’s First Real Recession Stress Test
Is the first electric-vehicle recession here, or coming soon? As electric-car stocks plummeted in late 2022, the rout evoked comparisons to the dot-com stock bust two decades ago. Like the internet industry then, the EV industry boasts companies, notably Tesla,…
Many Americans Will Qualify For A 2023 Tax Credit Of Up To $7,500 For Buying an EV
From January 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales and reduce greenhouse…
US Official Warns Of Risks Posed By Heavy Electric Vehicles
The head of the National Transportation Safety Board has expressed concern about the safety risks that heavy electric vehicles pose if they collide with lighter vehicles. The official, Jennifer Homendy, raised the issue in a speech Jan. 11 in Washington…
Mazda MX-30 R-EV Is A Plug In Puzzle
Mazda on Friday revealed its rotary range-extended version of the MX-30 electric vehicle, called the Mazda MX-30 e-Skyactiv R-EV. The MX-30 R-EV would offer a range far greater than the 100 EPA miles of the MX-30 EV, which is currently…
EV Tax Credit Eligibility Demystified with New Free Tool
The first tax credits for used electric vehicles (EV) that took effect on January 1st can create eligibility confusion for eager EV adopters. Attempting to scan the 700-page Inflation Reduction Act that introduced the tax credits only complicates the search…
80% Of New Cars Sold In Norway Are Now Electric Vehicles
Electric vehicles accounted for almost four out of every five new car registrations in Norway last year, setting a new record, according to figures released Monday. Led by U.S. carmaker Tesla, which topped the list with a 12.2% market share,…
Tesla Still Dominates The U.S. EV Market
With all the negative headlines surrounding Tesla and its increasingly controversial CEO Elon Musk in recent weeks, it’s easy to forget that the company’s cars are still very popular. While it’s too early to say whether Musk’s Twitter takeover and…
More U.S. Consumers Want EVs But Prices Are A Concern – Deloitte Survey
More U.S. consumers want to buy an electric vehicle (EV) but are concerned about rising prices, while fewer aimed to purchase gasoline-powered vehicles, a survey by consulting firm Deloitte showed on Wednesday. Nearly 7 in 10 prospective EV buyers in…
Conflicting Goals: Electric Vehicles or Biodiversity
“The more pain we are all experiencing from the high price of gas, the more benefit there is for those who can access electric vehicles.” – Pete Buttigieg, US Secretary of Transportation in testimony before the House Transportation and Infrastructure…
Shift to EVs Triggers Biggest Auto-Factory Building Boom in Decades
The U.S. auto industry is entering one of its biggest factory-building booms in years, a surge of spending largely driven by the shift to electric vehicles and new federal subsidies aimed at boosting U.S. battery manufacturing. Through November, about $33…
