Cleantech & EV’s

BMW’s 2024 EVs now have rebates ranging from $5,000 to $7,500 through April in the US – here’s how it breaks down. All 2024 BMW i4 and i5 EV sedans feature a $5,000 rebate through April 30, reports CarsDirect. Both the 2024 BMW i7 sedan and iX SUV have a $7,500 purchase incentive. You get the purchase incentive either from a loan credit if you finance your purchase through BMW Financial…

Tesla has announced layoffs of “more than 10%” of its global workforce in an internal company-wide email. We exclusively reported yesterday that Tesla was prepping a massive layoff. For the last few months, it has looked like Tesla might be preparing for a round of layoffs. Tesla told managers to identify critical team members, and paused some stock rewards while canceling some employees’…

Illinois Environmental Protection Agency Director John J. Kim has announced plans to spend more than $25 million on new EV charging infrastructure under the Driving a Cleaner Illinois program. That $25.1 million of Illinois EPA money ($25,152,259.44, to be exact) is being awarded to 20 applicants, and will eventually fund 643 new Direct Current Fast Charging (DCFC) ports at 141 locations…

With EV electric vehicle sales surging in India, several automakers are looking to grab their share. Kia recently revealed plans to launch three new EVs in the region, including a new Carens EV. Kia to launch new low-cost models, including Carens EV During its recent CEO Investor Day, Kia unveiled its new roadmap to becoming an electrification leader. The move comes as Kia looks to fend off…