BMW’s next-gen Neue Klasse EVs will be made in Mexico

BMW Group Plant San Luis Potosí in MexicoBMW's next-generation EVs will be built in San Luis Potosí, Mexico, alongside two European production sites, the automaker confirmed in a press release Friday. That may allow these new EVs, and their related battery production facility, to qualify for U.S. tax credits and supply-chain incentives. These models, based on a dedicated platform...

Electrify America slaps frequent EV chargers with 15% price hike

2022 Hyundai IONIQ 5 at Electrify America DC fast-charging stationElectrify America plans to raise EV charging prices in March, with frequent users seeing the biggest price hike. Members of the company's Pass+ frequent charging program will see rates increase to $0.36 per kwh, while non-members will pay $0.48 per kwh. Both rates increase by $0.05 kwh, but Pass+ members also pay a $4.00 a month fee (which remains...

Treasury lifts EV tax credit confusion over SUV price cap

2023 Tesla Model Y  -  Courtesy of Tesla, Inc.The U.S. Treasury Department on Friday announced an update on how vehicles will qualify as a car or an SUV under the revamped EV tax credit, now known as the clean vehicle tax credit. For EV shoppers it’s good news, as it will clear up a confusing and seemingly arbitrary dividing line in which some versions of certain models—like the...

Report: Small VW EV, battery plant considered for North America

2021 Volkswagen ID.4Volkswagen has approved an EV slotting below the ID.4 for the North American market, and it's considering a battery plant in Ontario, according to German business daily Handelsblatt. The report notes five recent entries in the Canadian province's Registry of Lobbyists for VW, including one that mentions CEO Oliver Blume, who last year said that...