Report: Feds to formalize foreign entity rules for EV tax credit

2025 Polestar 3The U.S. Treasury Department could issue clarifications on federal EV tax-credit eligibility rules as early as Friday, reports Transport Topics. Citing anonymous sources familiar with the matter, the report claims the federal government is ready to issue rules relating to its "foreign entities of concern" requirement. Specifically, vehicles with...

Costco deal saves up to $2,000 on these EVs and PHEVs

2024 Volvo C40Costco is once again offering deals on EVs and plug-in hybrids for its members. Between May 1 and July 31, the retail chain is offering a $1,000 incentive on 2024 and 2025 Volvo models, including the 2024 XC40 and C40 Recharge EVs and XC60 Recharge and XC90 Recharge plug-in hybrids, as well as 2025 XC60 and XC90 plug-in hybrid models. The XC40...

Prototype test drive: Lucid Gravity might defy segments

Lucid Gravity prototypeIs that a minivan? Is that a wagon? Is that an SUV? The answer to these questions in order is no, kind of, and yes. The Lucid Gravity is the startup automaker’s upcoming crossover SUV, but in many ways it redefines the genre in terms of packaging, design, and how it drives. Here’s what I learned after an ever-so-brief stint behind the...

EV market share sags in California, though EV sales are up

2024 Mercedes-Benz EQEIt's a complicated time for the nation's largest EV market. California EV sales increased in the first quarter of 2024, but market share still fell, according to a new quarterly report from the California New Car Dealers Association (CNCDA). The absolute number of EVs sold in California grew from 89,741 in the fourth quarter of 2023 to 90,296 in...

Toyota “hydrogen headquarters” will develop US fuel-cell products

Toyota Hydrogen HQ opening  -  May 2024Toyota has big hopes for hydrogen, and it’s backing that up with a braintrust. The automaker announced Wednesday that it’s giving its research and development office in Gardena, California, a new name and focus. Set to be called Toyota’s North American Hydrogen Headquarters, the facility will, from here on, lead efforts on this...

2025 Lexus UX 300h AWD hybrid earns 42 mpg, starts around $40,000

2025 Lexus UX 300hThe updated 2025 Lexus UX 300h has been given official EPA ratings, and for the popular all-wheel-drive version they’re a bit better than what Toyota estimated months ago. Although this U.S. version of the UX looks mostly the same as it did for 2024 and in previous model years, it’s now a hybrid-only model. And as such, it gets new...