The Treasury Department and the IRS issued some new guidelines on the Inflation Reduction Act’s (IRA) EV tax credit, and for the time being it is bringing foreign automakers some good news ahead of the new year.
Category: eV
EV tax credit for consumer leases a ‘positive development for industry’
The Treasury Department and the IRS issued some new guidelines on the Inflation Reduction Act’s (IRA) EV tax credit, and for the time being it is bringing foreign automakers some good news ahead of the new year.
The Lucid Sapphire Races Against The Plaid, A Bugatti Chiron, & A Racing Motorcycle

A recent video over at Hagerty’s YouTube channel shared a race between not only the fastest EV sedans, but the fastest gas-powered car and a motorcycle to boot. I don’t know for sure, but the video appears to have been shot near Lucid’s Casa Grande plant (south of Phoenix, Arizona). The Contenders Wherever it is, […]
Consumer Leases Will Now Qualify for EV Tax Credits

The U.S. Treasury Department's decision opens the tax credit up to EVs not built in North America.
China Electric Car Sales — 25% Fully Electric, 35% Have A Plug!

Despite a drop in the overall Chinese auto market, plugin vehicles continue to rise. They grew 50% year over year (YoY) in November. They scored over 625,000 registrations last month, their second best month ever, only behind last September when they hit 636,000 registrations. Plugin hybrids (PHEVs) jumped 88% year over year (YoY). They reached […]
Open the Floodgates! Record Electric Car Sales Month in Germany — 22% of New Cars Fully Electric, 39% Have a Plug

It seems the German automotive market has bottomed out and is back on a growth path. November brought a surprising 31% increase in sales. Though, that’s still not enough to pull the year-to-date (YTD) numbers out of the red (-2% YoY). Much of this growth can be attributed to plugins — sales of full electric […]
Review: 2022 Lucid Air Grand Touring keeps getting better

Shipping LNG In One Direction & CO2 In The Other Won’t Work

In the past three years, another nonsensical idea has sprung up to somehow allow shipping of molecules for energy. The premise is that liquified natural gas (LNG) goes in one direction and liquified CO2 (l-CO2) gets put in the same tanks and goes the other way. It sounds so obvious! The premise is that CO2 […]
Fremont Factory Flyover Shows Delivery Center Parking Is Packed With Teslas

Tesla is known to push for production hard towards year’s end in order to get its yearly delivery numbers up.
Still Pondering Tesla Stock? Cathie Wood Bought More, Musk Was Selling

Trying to decide whether to buy, sell, or hold Tesla stock may be more challenging now than ever before.