Senate votes to place a $40,000 price cap on EV tax credit

2022 Ford F-150 LightningEarlier this week the Senate voted to place price and household-income caps on the federal EV tax credit, as part of the $3.5 trillion budget framework currently undergoing negotiations. An amendment introduction by Senator Deb Fischer (R-Neb.) would eliminate tax credits for vehicles costing more than $40,000, and for households with more than...

2022 Polestar 2: Starting price $47,200, range up to 265 miles

2022 Polestar 2With an expanded series of 2022 Polestar 2 models that will arrive later in 2021, Polestar is positioning itself to become more than a niche premium electric-car performance brand. The 2022 Polestar 2 Single Motor, a front-wheel-drive version, has the same 78-kwh battery pack as existing models but earns an estimated EPA range of 265...