Senate Republican bill would end $7,500 EV tax credit
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Nissan has revised the Leaf as an entry-level, battery-electric SUV in time to capitalize on Tesla's waning dominance in the market.
The head of Scout Motors said the upstart automaker is engineering some components to reduce the need for rare earth materials, an issue that has become critical to the car industry and taken center stage in US trade negotiations with China.
The first indication that AMG was considering an all-electric sedan came in 2022, when the brand revealed the Vision AMG concept. Boasting a sleek, aerodynamic shell, gaping mouth, and afterburner-styled taillights, the Vision AMG concept was said to be all-electric and featured a high-voltage battery as well as axial flux motors.
6hon MSN
Ferrari has delayed plans for its second fully-electric model that was due out in 2026 to at least 2028, because of a lack of demand for high-performance luxury EVs, two sources close to the matter told Reuters.
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Musk's company Tesla (NASDAQ: TSLA) has already seen sales struggle to grow across many key geographies. Deliveries last quarter fell by 32% quarter over quarter, and by 13% year over year. Could the elimination of EV tax credits be a lethal blow to the struggling automaker? You might be surprised by the answer.
The Senate version of the budget bill doesn’t include the annual fee on EVs and hybrids. But they may not be out of the woods yet.
Senate Republicans’ version of President Trump’s “big, beautiful bill” — similar to the bill the House passed last month — would slash tax incentives for electric vehicles, wind, and solar power. Industry leaders warn that it could be a killer blow to new energy projects and factories in the US.
Free test drives of electric cars are on offer at Hull and East Yorkshire's first electric vehicle (EV) experience event. Let's Go Electric takes place at the Priority Park & Ride site, just off the A63, between 10:00 and 15:00 BST on Saturday 21 June.
A new BMW-funded study has uncovered shocking insights into consumer interest and adoption of electric vehicles. Discover what the data reveals about the evolving EV market.