Electric Cars

Reuters

Dec 22, 2022, 7:10 PM

Automakers, South Korea Urge U.S. To Tap Commercial EV Tax Credit

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.

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  car&bike Team | Dec 22, 2022

  Tesla Offers Additional Discount To Chinese Buyers On Some Models

  This comes in addition to a previously announced 4,000 yuan insurance subsidy, but is only applicable for customers buying a current car model and completing delivery by the end of December.

  1 min read
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  Reuters | Dec 22, 2022

  Toyota Offers Cheaper Prius If Customers Take Software Updates

  The lease program will require customers to opt in for a service expected to bring monthly lease payments down by 10%, Toyota's leasing affiliate said.

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  Reuters | Dec 22, 2022

  Vietnam's EV Maker Vinfast Files For U.S. IPO To Fuel Global Expansion

  VinFast, which began operations in 2019, is gearing up to expand in the U.S. market, where it hopes to compete with legacy automakers and startups with its two all-electric SUVs, the VF8 and VF9, including battery leasing to reduce the purchase price.

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  Reuters | Dec 22, 2022

  India Govt Steps Up Audit Of EV Firms Taking Subsidies - Report

  The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received.

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  Seshan Vijayraghvan | Dec 21, 2022

  India’s EV Sales In FY2023 Reaches 4,42,901 Units; Over 9X Growth Compared To FY2021

  The Indian auto industry sold 48,179 EVs in Financial Year 2020-21, which increased 5-folds in FY 2021-22 to 2,37,811 units. In comparison, just the year-to-date (YTD) sale of electric vehicles in FY 2022-23 stands at 4,42,901 units, witnessing over 9x growth as against FY2021.

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  Seshan Vijayraghvan | Dec 21, 2022

  Tata Still On Track With Plan To Launch 10 EVs In 5 Years; Will Launch Up To 2 EVs Every Year

  Speaking with car&bike on the sidelines of the media drive for Tiago EV, Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility Limited said that the company is well on track to launch 10 electric vehicles over the next 5 years.

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  Pratik Rakshit | Dec 20, 2022

  2023 Hyundai Kona Debuts

  For 2023, Hyundai Motor Company has completely revamped the design of the car and added new features to its exhaustive equipment list.

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  Reuters | Dec 18, 2022

  Tesla To Start Mass Production Of The Cybertruck At The End Of 2023

  Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the long-awaited pickup truck.

  3 mins read