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News September 21, 2023 0 comments on Hyundai Rushes to Start EV Production in US to Take Advantage of IRA Incentives

Hyundai Rushes to Start EV Production in US to Take Advantage of IRA Incentives

by Eva Fox

Hyundai is rushing to open its new Georgia factory to take advantage of IRA benefits. Federal law provides a $7,500 tax credit on the purchase of electric vehicles, but only if they are completely made […]

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News March 31, 2023 0 comments on Tougher EV tax credit regulations in the US announced, to come into effect on April 18

Tougher EV tax credit regulations in the US announced, to come into effect on April 18

by Darryn John

The US Treasury Department has announced tougher regulations on tax credits for electric vehicles (EVs) which will reduce or eliminate the incentives on many models in April. Since January many EVs, including all variants of […]

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Model 3 March 23, 2023 0 comments on Tesla may lose $7,500 US tax credit on the entry-level Model 3: Report

Tesla may lose $7,500 US tax credit on the entry-level Model 3: Report

by Darryn John

Tesla has reportedly notified its employees in the US that it will soon lose the $7,500 tax credit currently available on the Model 3 Rear-Wheel Drive (RWD). Tesla sales in the US have boomed with […]

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