The Internal Revenue Service (IRS) on Monday released an introduction for the full eligibility rules for the revamped federal EV tax credit, and it looks like automakers—as well as sellers—will have to submit a lot of reports. The Inflation Reduction Act (IRA) re-upped the $7,500 credit, but added new requirements for American assembly... IRS: 2023 EV tax credit needs reporting from automakers, sellers
The Internal Revenue Service (IRS) on Monday released an introduction for the full eligibility rules for the revamped federal EV tax credit, and it looks like automakers—as well as sellers—will have to submit a lot of reports. The Inflation Reduction Act (IRA) re-upped the $7,500 credit, but added new requirements for American assembly... 
To date, Shenzhen has 740,000 NEVs. The city plans to have that number reach 1.3 million by 2025.
Early Kia Niro EV models are being recalled for drive-unit components that may have been improperly sealed. The recall is very small, however, affecting just 872 vehicles from the 2020 model year. The recall involves the electric power control unit (EPCU), one of the most critical and expensive components in an EV. It controls the flow of power... 
