Daily Archive: January 17, 2024

Tesla starts applying EV tax credit at time of purchase

2023 Tesla Model Y  -  Courtesy of Tesla, Inc.Fewer Tesla EVs now qualify for the $7,500 federal EV tax credit, but for those that do, Tesla is now applying the credit at the time of purchase. The automaker's website now says that eligible buyers will have the full $7,500 credit applied when they purchase their vehicles. Customers are responsible for determining their eligibility for the...

BYD to stop producing pouch batteries for its PHEVs over leak concerns, report says

BYD last month began converting its pouch-type battery cell production lines at two of its factories to produce prismatic batteries, but is still producing pouch cells at a third plant, according to Reuters.

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