Monthly Archive: December 2022

Tesla Model 3 To Get Simplified Refresh Design

Unlike most automakers, Tesla relies heavily on over-the-air software updates in place of releasing a yearly design update, simply changing mechanical parts when new methods are created. Occasionally, however, Tesla does refresh its vehicles’ designs, and new reports show that the Model 3 is due to receive a facelift. Tesla is reportedly planning to bring a new […]

U.S. senator Manchin says Treasury should limit commercial EV tax credit use

U.S. Senator Joe Manchin, a Democrat who chairs the chamber's energy panel, asked the Treasury Department on Tuesday not to allow a commercial electric vehicle tax credit to be used for consumer leasing, rental cars or ridesharing vehicle sales, rejecting a broad interpretation of the credit. Reuters first reported last week the push by South Korea and some automakers that asked the Treasury Department to allow use of the commercial electric vehicle tax credit to boost consumer EV access as well as for the purchase of ride share and rental car vehicles. 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, angering South Korea, the European Union, Japan and others.