Category: eV

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 […]

Heat Pumps On Fire Globally — As In, Getting Much More Popular

Sales set to hit new records, helping save energy and emissions, but policy action is needed to unblock bottlenecks such as upfront costs and training workers Worldwide sales of heat pumps are set to soar to record levels in the coming years as the global energy crisis accelerates their adoption, the International Energy Agency (IEA) […]