Daily Archive: December 7, 2022

Automakers, South Korea urge U.S. to tap commercial EV tax credit

Many automakers and the South Korean government are urging the Biden administration to tap a commercial electric vehicle tax credit to boost consumer EV access, a plan that could help ease concerns over a climate bill approved in Congress. The $430 billion U.S. Inflation Reduction Act (IRA) passed in August ended $7,500 consumer tax credits for electric vehicles assembled outside North America, sparking anger from South Korea, the European Union, Japan and others. Some automakers say a lesser noticed IRA provision for "commercial clean vehicles" could be used to boost EV manufacturers and address foreign concerns.

Honda to begin selling mini-commercial EV trucks in spring 2024

Honda Motor Co said on Wednesday it would begin selling micro-sized commercial electric trucks in 2024, as part of its effort to electrify its vehicle lineups. Honda said earlier this year it would introduce commercial mini-EV models around the 1-million-yen ($7,275.90) price range in early 2024. ($1 = 137.4400 yen)

40,000th Tesla for Christmas

Santa has a bumper sack of presents for electric vehicle lovers in Australia. At our monthly Coffee, Cake, & EVs morning tea, Veda Prime announced that the 40,000th Tesla will be delivered before Christmas this year. Only a few months after Robin Denholm announced that Tesla expected to double the number of its vehicles on […]