EU claims revamped US EV tax credit might violate WTO rules

2024 Volkswagen ID.BuzzThe European Union claims a proposed revamp to the United States EV tax credit aimed at prioritizing American-made content could discriminate against European manufacturers and break World Trade Organization (WTO) rules, the Associated Press reported Thursday. Part of the Inflation Reduction Act that was passed by the Senate last week and is...

Analysis: Hybrid and EV models lead continued used-car price surge

2019 Nissan LeafUsed-car prices continue to surge, with hybrids and electric cars most affected, according to new analysis by iSeeCars. The analysis, which is based on aggregated listing prices and not necessarily transaction prices, found that average listing price for used hybrids and EVs increased more year-over-year than other powertrain types. Used EVs saw...