For car buyers interested in electric vehicles, the clock is ticking to take advantage of federal tax credits on new and used EVs before they expire on Sept. 30. Introduced in 2022 under the Inflation Reduction Act signed, the federal tax credits — $7,500 for new and $4,000 for used — are being phased out…
Major deals on electric vehicles as sales surge ahead of tax credit ending – CBS News Watch CBS News The federal tax credit on electric vehicles ends next week. Some dealers are now offering huge deals to sell the cars before the tax credit expires. Source link
With a ticking clock on Gov. Jared Polis’ 2019 aspirations to put 940,000 electric vehicles on Colorado highways by 2030, his plan hit a major pothole when President Donald Trump ordered cancellation of the Biden administration’s Inflation Reduction Act Clean Vehicle Tax Credits. On Sept. 30, the federal tax credits worth up to $7,500 per…
HYDERABAD, India, Sept. 19, 2025 /PRNewswire/ — According to Mordor Intelligence, the global electric vehicle battery recycling market is valued at USD 3.88 billion in 2025 and is projected to reach USD 15.58 billion by 2030, growing at a CAGR of 32.05% during the forecast period. The electric vehicle battery recycling market is witnessing rapid growth as…
Sales of electric vehicles are growing strongly despite a certain unevenness in this growth across the globe. But overall, this growth is not strong enough to give battery researchers a break—work is still underway for batteries that are more reliable, faster to charge, and longer-living. In that, the EV industry may have a somewhat unlikely…
Vietnamese electric motorbike maker Dat Bike secured $22 million in fresh funding as it takes on established players such as Honda Motor and Yamaha in one of the world’s fastest-growing two-wheel electric vehicle markets. The new capital will be used to expand manufacturing capacity, boost market presence and develop new products, Chief Executive Officer and…
Chinese electric vehicle brands led by BYD are winning over European customers with sleek, high-tech models at competitive prices. Now, a startup is looking to muscle in on a more modest market: microcars. Linktour Automotive’s two new ‘Alumi’ all-electric models — the L6e and L7e — measure just over 2.6 meters in length and have…
SINGAPORE — Certificate of Entitlement (COE) premiums rose to a new high in Category A as it closed at $119,003 following the tender exercise on Wednesday (17 September). Cat A – for cars up to 1,600cc and 130bhp, and electric vehicles up to 110kW – jumped 10.3 per cent from the $107,889 mark set in…
On the Dash: Rivian has begun construction on its $5 billion Georgia plant even though the Trump administration ended the $7,500 federal tax credit for EV buyers. The Georgia facility, with a planned annual capacity of 200,000 vehicles, is key to Rivian achieving the scale necessary to profitably produce lower-priced R2 and future R3 models….
Although consumer sentiment appears to be at a sustained low in the United States — inflation spiked in August in tandem with rising jobless claims — the New York Times reported that sales of electric vehicles took off in a big way. In the current economic landscape, consumers remain cautious, curtailing their spending on both…