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Rivian had a trail to follow with its EV adventure
US electric SUV startup Rivian has unveiled its new electric vehicle (EV) model ‘R2’ which is a small SUV that will be available for sale later this year. The company said the R2 will have a range of over 200 kilometres on a single charge, adding that the vehicle will be able to travel up…
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Ford increases production of Mach-E and lowers prices in order to compete with the company that created it.
The US electric vehicle market share for Hyundai is around the same as the market share for electric vehicles, according to Cox Automotive. Hyundai Ioniq has won Car andDriver’s Electric Vehicle of the Year award in the category this year. The Ioniq 5, which has a starting price around $41,000, earned Car and Driver’s Electric…
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It will not be easy to receive a $7,500 tax credit, if you buy an electric car.
The electric vehicle tax rules are designed to encourage carmakers to make all of their vehicles in the US, even if the country has a trade agreement with other countries. The tax rules are designed so tax credits aren’t going to wealthy Americans buying expensive luxury vehicles. Some vehicle models are made in more than…
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Stellantis says that the layoffs of Jeep are due to EV’s.
The US Department of Energy (DoE) has proposed a new class of tax credits for electric vehicle production. The proposed rules allow consumer tax credits for electric vehicles if they meet the requirements for US-based manufacturing of the vehicles themselves and their batteries. They also place caps on the cost of the vehicles and the…