Exxon Chief threatens with Hydrogen project cancellation without IRA tax credits
American oil and gas giant ExxonMobil warned to ditch its plan to build the…
US worries over China’s ability to flood the market with its low-cost EVs
The US government is getting increasingly concerned about Chinese players' potential to dominate the nation's electric vehicle industry…
US already spent $135M in advance EV tax rebates this year
The Biden-Harris Administration has already reimbursed car dealers for approximately $135 million…
Hyundai to open its Georgia factory this year to access the $7,500 tax credit in the US
Hyundai confirmed plans to open its first local electric vehicle and battery complex in the US in October this…
Tesla offers the $7,500 EV tax credit at point of sale
Leading American automaker Tesla has just introduced a new purchasing process to offer the…
GM shoulders $7,500 incentive for EVs disqualified from the tax credit in the US
American legacy automaker General Motors announced that it will bear the $7,500 electric vehicle tax credit…
Over 7,000 US car dealers registered to offer point-of-sale EV credits in 2024
The US Treasury Department announced Friday that the IRS had already received…
Tesla Cybertruck qualifies for the $7,500 tax credit in the US
Tesla's all-electric pickup Cybertruck officially qualifies for federal tax credits of up to $7,500 under…
Ford Mustang Mach-E may not qualify for EV tax credit in the US starting next year
Ford announced Wednesday that the popular Mustang Mach-E may lose its federal electric vehicle tax credit eligibility…
US evaluating new guidance on federal tax credits
The US Government's new Inflation Reduction Act guidance, effective December 2023, intensifies…
