Baojun Yep considers introducing EREV model, enabling small ICE generator to be fitted after delivery

Base Tesla Model 3 now also qualifies for $7,500 tax credit

2023 Tesla Model 3The base Tesla Model 3 now qualifies for the full $7,500 federal EV tax credit, joining other Model 3 variants. On Friday, Tesla fans noted that, when building a base Model 3, Tesla then indicated that it was eligible for a $7,500 credit. At that time, the EPA FuelEconomy.gov list of qualified vehicles indicated that model and some of the lineup...

Sub-$40,000 EVs can’t yet be profitable, says GM CEO

GM CEO Mary BarraGeneral Motors CEO Mary Barra said in a conference Friday that EVs selling for less than $40,000 can't be profitable just yet. It's an unexpected statement from the head of an automaker that's been fairly optimistic about affordable EVs. As reported by Reuters, Barra told conference attendees that EV battery costs are still too high to build...

Colorado’s revamped credit incentivizes smaller, cheaper EVs

2023 Nissan LeafColorado has revamped its EV tax credit, with a new approach that incentivizes cheaper EVs. HB 1272, which was passed by the Colorado legislature and signed by governor Jared Polis in May, re-ups a tax credit for light-duty electric vehicles that was originally $5,000. As originally enacted, it dropped to $4,000 in 2020, $3,500 in 2021, and $2,000...