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…
US’ first solar panel factory since the IRA implementation completes development
Qcells boosts its Dalton, Georgia solar factory capacity to 5.1 GW, marking…
US: IRA to boost EV sales forecast by twofold in 2030
The US Inflation Reduction Act (IRA) could push electric vehicle sales beyond…
Federal EV tax credits can be used as down payment from 2024
The US Inflation Reduction Act's allotted tax credits of up to $7,500 for qualified electric…
LG Chem, Huayou Group partner to produce EV battery materials
South Korean chemical giant LG Chem has partnered with the Chinese business unit of Huayou Group, Youshan,…
Hyundai rushes to launch Georgia factory due to local production incentives in the US
South Korean automaker Hyundai had no choice but to establish a local car and battery production in North…