New federal EV tax credit rules requiring greater domestic content could accelerate Hyundai's timeline for building electric cars in the United States, according to a recent Reuters report. Last week's signing of the Inflation Reduction Act (IRA) expanded the federal EV tax credit by removing the previous 200,000-unit cap for manufacturers and...
Audi has a rugged electric crossover concept in the works, but it won't be revealed until early 2023. The Audi Activesphere concept is the fourth in the automaker's line of "sphere" concepts, the first of which was introduced roughly a year ago. This time, the focus is on "maximum variability for an active lifestyle—both on and off...
The automaker said the move was needed to be competitive and reallocate resources.
Tesla has hiked the price of Full Self-Driving. Fisker is looking for more production space for its Ocean. BYD is entering Europe on its own—and, perhaps, heading into Tesla battery packs. And the EV tax credit revamp has triggered a massive price hike in EV and PHEV lease prices. This and more, here at Green Car Reports. In recent days, EV...
![Tesla Model 3 dashboard in Autopilot testing with IIHS [CREDIT: IIHS]](https://images.hgmsites.net/tmb/tesla-model-s-dashboard-in-autopilot-testing-with-iihs-credit-iihs_100665437_t.gif)
The cost of Tesla’s controversially named premium driver-assistance system, Full Self-Driving, will rise to $15,000 as of September 5, CEO Elon Musk confirmed on Sunday via Twitter. The automaker is also rolling out a version (10.69) of its Full Self-Driving beta software that essentially allows more drivers to become beta-testers...
Chinese automaker and battery supplier BYD is entering the European market—and that could include supplying batteries to Tesla. Earlier this month, Sweden's Hedin Mobility Group announced that it would distribute and sell BYD passenger cars in its home country and Germany. This came shortly after BYD's announcement of Japanese-market sales...
Neo Performance Materials of Canada announced a deal to begin mining in Greenland for the metals, which are a key component for electric cars.
Demand for the Fisker Ocean electric SUV is exceeding expectations and has Fisker looking to expand production—perhaps in the United States. Ocean production, which is scheduled to start in November at contractor Magna's Austrian factory, was originally pegged at 50,000 units per year. But Fisker said Friday in a press release that volume...
Neo Performance Materials of Canada announced a deal to begin mining in Greenland for the metals, which are a key component for electric cars.
The bill President Biden signed into law recently will greatly expand government loans and loan guarantees for clean energy and automotive projects and businesses.
