Smart and Sustainable Electric Mobility
The effects of the Biden administration’s Inflation Reduction Act can already be seen in various ways in the EV market. And one of them, recent data suggests, is an abrupt uptick this year in the portion of EVs leased rather than bought. While the IRA re-upped the federal EV tax credit of up to $7,500 for qualifying vehicles, it established... 
Li Auto's management believes China's NEV penetration will reach 90 percent by 2028, when it will need to sell at least 3 million vehicles annually if it is to become one of the top five players, according to local media.
The post Li Auto targets annual sales of at least 3 million vehicles by 2028, report says appeared first on CnEVPost.
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BYD continues to hold the first place. BYD has been the sales champion for 8 consecutive months.
The post Top-Selling car brands in September 2023 in China – BYD first, VW second, Toyota third appeared first on CarNewsChina.com.
Provisions of the Inflation Reduction Act (IRA) could more than double U.S. EV sales compared to previous projections, according to new analysis from S&P Global Mobility. A pre-IRA forecast saw two million U.S. EV sale by 2030. Now, with IRA-influenced trends like greater automaker investment in EV manufacturing, as well as a revamped federal... Provisions of the Inflation Reduction Act (IRA) could more than double U.S. EV sales compared to previous projections, according to new analysis from S&P Global Mobility. A pre-IRA forecast saw two million U.S. EV sale by 2030. Now, with IRA-influenced trends like greater automaker investment in EV manufacturing, as well as a revamped federal... 
