Electric Cars News
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.
Toyota Offers Cheaper Prius If Customers Take Software Updates
Dec 31, 2022 04:38 PM
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.
Vietnam's EV Maker Vinfast Files For U.S. IPO To Fuel Global Expansion
Dec 31, 2022 04:37 PM
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.
India Govt Steps Up Audit Of EV Firms Taking Subsidies - Report
Dec 31, 2022 04:34 PM
The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received.
Tesla To Start Mass Production Of The Cybertruck At The End Of 2023
Dec 31, 2022 04:18 PM
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.
Japan To Seek U.S. Flexibility On EV Purchase Incentives, Kyodo Reports
Dec 31, 2022 04:18 PM
Japan will ask the United States to be more flexible on EV purchase incentives for non-American carmakers.
China's BYD To Launch A Second New EV Brand In 2023 - Executive
Dec 31, 2022 04:12 PM
The new brand will be an addition to Yangwang, a premium brand set for launch in the first quarter of 2023
Mahindra CEO Sees U.S. Entry For New Electric Vehicles At Least Five Years Away
Dec 31, 2022 04:10 PM
Mahindra, as part of its long-range strategy, is considering whether to build vehicles in North America, to take advantage of incentives built into the U.S. Inflation Reduction Act.
Tesla Launches EVs In Thailand Amid Competition From Cheaper Brands
Dec 31, 2022 04:09 PM
Tesla launched two EVs in Thailand, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers.
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