by dankeelan | Oct 3, 2024 | Electric Vehicles, US Economy
Toyota is pushing back the start date for electric vehicle (EV) manufacturing in the US, as global demand for battery-powered cars continues to soften. The Japanese motor industry giant was aiming to start production in late 2025 or early 2026. Toyota now expects to...
by dankeelan | Jul 11, 2024 | Electric Vehicles, Featured, US Economy
The White House on Thursday said it would hand out $1.7 billion to help convert closed-down or at-risk auto manufacturing and assembly facilities to make electric and hybrid vehicles. The funding comes as growth in new electric vehicle sales has slowed, even as...
by dankeelan | Jun 27, 2024 | Electric Vehicles, Finance, US Economy
Prices on electric vehicles are tumbling as dealership lots are filling up with more models amid cooling consumer demand. The result is that EV prices, in some cases, are approaching those of gas-powered cars, after adding in federal tax credits. The average price of...
by dankeelan | Jun 18, 2024 | Featured, US Economy
It’s been a long time since American cars were built in the U.S. by American automakers, and foreign cars were all true imports. These days, your BMW SUV is probably built in South Carolina, and your Ram 1500 could have been built in Mexico. If you want the most...
by dankeelan | May 16, 2024 | Electric Vehicles, US Economy
As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Whether your vehicle qualifies or not is a simple yes or no question, but the amount you may...
by dankeelan | May 8, 2024 | Batteries, Government, US Economy
The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits of up to $7,500 but leading critics to accuse the Biden administration of helping China. The Treasury Department announced final...
Recent Comments