Cleantech & EV'sNews

Surging electric vehicle demand causing states to pump the brakes on EV incentives

US car buyers are going electric at a record pace. The overwhelming demand is causing some states to temporarily pause EV incentives designed to promote adoption. Despite overall auto sales falling, electric vehicles were a bright spot in the industry last year. According to data from Cox Automotive, total US auto sales fell 8% year-over-year (YoY) from 2021, but EV sales climbed 65%, passing…
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Cleantech & EV'sNews

This US company's heat pump works below -22F

Atlanta-headquartered Rheem‘s heat pump has been given an “exemplary performance” nod in the US Department of Energy’s Cold Climate Heat Pump Challenge. DOE launched the Heat Pump Challenge because, according to the program’s fact sheet, “additional efforts are…
Cleantech & EV'sNews

VW is now the first foreign carmaker to qualify for the full EV $7,500 tax credit

VW has become the first non-US automaker that qualifies for the full $7,500 US federal EV tax credit. VW ID.4 federal tax credit eligibility Volkswagen made its announcement of eligibility yesterday, two days after the US Treasury Department announced a list of qualifying EV models that were all made by US companies. VW was late to announce its eligibility because it was awaiting documentation…
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Cleantech & EV'sNews

Hyundai Motor Group begins building autonomous rover designed to explore the moon

Hyundai Motor Group has shared details of the development of an autonomous lunar exploration rover it is designing with Korean aerospace partners to one day navigate the surface of the moon. The Group is aiming to deliver a launch-capable model utilizing Kia and Hyundai technologies by 2027. Hyundai Motor Group’s journey beyond the land, sea, and air of Earth dates back to the summer of 2022…
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Cleantech & EV'sNews

US Treasury: Nissan LEAF, BMW, others lose full $7,500 EV tax credit, Tesla base Model 3 cut in half [Updates]

Following its delayed but long-anticipated battery guidance pertaining to federal EV tax credits, the US Treasury Department’s requirements are about to kick in, and it’s not great news for all prospective EV buyers. Beginning tomorrow, EVs from major automakers like BMW and Nissan will no longer qualify for any tax credits at the federal level, while Tesla’s base Model 3 is cut in…
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