There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. For whatever reason, all EVs get the full $7500 applied to leases, however. So that has more people leasing EVs than ever before.
The number of electric vehicle models that can be leased for less than an average monthly lease cost of…
The best way I’ve found to reduce or eliminate car usage in a city is with an electric bike. But in the winter, nights come at you early, and it’s more important than ever to ensure that as cyclists, we’re visible to the biggest danger on the roads: car drivers. I’ve…
The world’s EV leader, BYD (OTC: BYDDY), announced a stock buyback plan as it continues expanding into new markets. BYD is pushing into different segments with new luxury EVs and mid-size electric SUVs.
Expanding into new EV segments
After selling a record 526,409…
The Mexican government is pushing Tesla to start construction of Gigafactory Mexico soon, but it looks like the automaker doesn’t feel ready.
Tesla officially announced Gigafactory Mexico back in March, and until recently, we were wondering what was the hold up to start production after the automaker said it wanted to move fast.
In October, Tesla confirmed that it was pumping the brakes on the…
Are Africa's latest electric motorcycle battery swapping gains outpacing the world?
February 22, 2024
Battery swapping for electric motorbikes isn’t new technology, but its adoption rate has proven to be remarkably inconsistent around the world. One of the biggest surprises recently has been one of the places where such technology has grown rapidly: Africa.
Electric…
Stellantis mulls building Chinese EVs in Europe for joint venture partner Leapmotor
February 21, 2024
Four months after announcing a joint venture with Chinese EV automaker Leapmotor, Stellantis is reportedly mulling taking the strategic cooperation further by building hundreds of thousands of BEVs for its new partner in Italy to serve the European market.
Stellantis once…
US President Joe Biden, whose administration has put electric vehicles front and center of an ambitious policy to dramatically curb emissions, may walk back his proposal on yearly EV requirements through 2030 due to political pressures and pushback from automakers and the UAW.
Both automakers and United Auto Workers have urged the government to slow down the EV ramp-up, saying the technology is…
A major auto supplier for Tesla, VW, Ford to slash 10K jobs
February 21, 2024
Forvia, a major supplier for Stellantis, Volkswagen, Tesla, and Ford, plans to cut as many as 10,000 jobs in Europe over the next five years. The news falls days after major auto supplier Continental announced that it too was cutting its workforce by 7,150 jobs.
Forvia, the…
Volvo CE puts electric equipment to work on fossil-free ski resort
February 20, 2024
Electric vehicles don’t work well in the cold? Nobody told Volvo CE – and they’re putting a fleet of battery electric equipment assents to work, collaborating with Sweden’s largest ski resorts to go fully fossil free.
Volvo CE has been working on a pilot project…
Shake it off ET9! NIO's EV answer to Maybach sheds snow with its vibrating chassis system [Video]
February 20, 2024
We’re still about a year before we see the first deliveries of the ET9 – NIO’s most luxe EV model to date, designed as an ultra-premium executive vehicle to compete with the likes of Porsche and Mercedes-Maybach. In a recent video posted by NIO, we see one of the features this $112k EV will deliver as the ET9’s intelligent chassis system can shake snow off of itself. See more below.
The…
