Analysts are still sizing up the impact of the Inflation Reduction Act, and now see it more than doubling EV sales. Green Car Reports starts looking at the effects of the EV leasing loophole using federal money to cut the cost of imported and luxury-brand EVs. And we get a complete picture of how much the 2024 Kia EV9 costs. This and more, here at...
The effects of the Biden administration’s Inflation Reduction Act can already be seen in various ways in the EV market. And one of them, recent data suggests, is an abrupt uptick this year in the portion of EVs leased rather than bought. While the IRA re-upped the federal EV tax credit of up to $7,500 for qualifying vehicles, it established...
Provisions of the Inflation Reduction Act (IRA) could more than double U.S. EV sales compared to previous projections, according to new analysis from S&P Global Mobility. A pre-IRA forecast saw two million U.S. EV sale by 2030. Now, with IRA-influenced trends like greater automaker investment in EV manufacturing, as well as a revamped federal...
Reservations for the 2024 Kia EV9 open October 16, the automaker announced Monday alongside full pricing details for the three-row electric SUV. Kia revealed a starting price of about $56,000 last month, announcing a $54,900 price for the base EV9 Light in single-motor, rear-wheel drive form before destination. The automaker has now confirmed a...
Off-road-focused EV concepts are previewed by Nissan and Toyota. And the Nissan Ariya is being recalled for a quick software fix. This and more, here at Green Car Reports. The Nissan Hyper Urban EV concept could preview a future off-road-savvy electric SUV that also makes a strong design statement. It boasts a version of Nissan’s e-4orce...
Nissan on Tuesday previewed what it might see as the future for an electric SUV that also makes a very edgy design statement. Called the Hyper Adventure concept, it’s the second in a series of “advanced EV concepts” due to debut October 25 at the Tokyo auto show. Following the Hyper Urban concept revealed last week and appearing...
Toyota recently unveiled an EV concept that blends styling elements from classic Land Cruiser off-roaders with those of the automaker's proposed lunar rover. Dubbed the Baby Lunar Cruiser, the concept was created to celebrate 50 years of CALTY, Toyota's California design studio, according to a press release from the automaker. In addition to...
The 2023 Nissan Ariya is being recalled for a software issue that could cause the loss of drive power. The Ariya launched for the 2023 model year after several delays, so the recall population is fairly small, at 9,813 potentially affected units including both single-motor front-wheel drive and dual-motor all-wheel drive models. In these vehicles...
The EV tax credit shifts toward a point-of-sale rebate. Rivian gets more efficiency from a larger battery pack. And do you want a car that offers all-wheel drive and about 50 mpg, for a price under $30,000? A review of the Toyota Corolla Hybrid reminded us that it’s very good. This and more, here at Green Car Reports. The battery pack in...
The Toyota Corolla is the bestselling car of all time, and it remains as relevant in the new vehicle market as it ever was. That’s because in terms of value for money, the Corolla still has the market cornered. For around $25,000 you can get a comfortable compact sedan with all-wheel drive and an EPA rating near 50 mpg. If you have those...
The federal EV tax credit will shift to a point-of-sale dealership rebate in 2024, giving customers instant access to the credit, the U.S. Treasury Department confirmed Friday in a press release. Under current rules, buyers can't claim the credit of up to $7,500 for new vehicles and $4,000 for used vehicles until they file their taxes. Effective...
The largest Rivian battery pack, dubbed the Max pack, is now entering production, but with less capacity than original discussed. When it announced the Max pack about two years ago, Rivian mentioned a gross capacity of 180 kwh. But this past week, Rivian confirmed to Car and Driver that it's largest pack has a gross capacity of just 149 kwh. Since...
Which EV brands announced they’ll adopt Tesla’s NACS port this week? Which charging network opened a fast-charging station at the Grand Canyon? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending October 6, 2023. Volvo confirmed that its EX30 EV will start at $36,245 for the...
The prices of used battery-powered models have fallen sharply, as the supply of cars and trucks has improved.
The United Automobile Workers said on Friday it had secured an important concession from General Motors regarding the contracts of workers at battery factories.
The Tesla Model 3 and Model Y get yet another price cut. The most affordable version of the Lucid Air—the one that still outdoes the longest-range Model S—is open for orders. And Toyota is making sure it has U.S.-made batteries for its U.S.-built EVs. This and more, here at Green Car Reports. Perhaps spurred by delivery numbers that...
Tesla late Thursday introduced yet another price cut for its Model 3 and Model Y, as represented on its consumer website, bringing the price of these new EVs down to their lowest ever. The move, cutting up to $2,250 off these models, depending on the version, directly follows news earlier this week that, globally, third-quarter Tesla deliveries...
Lucid Motors on Thursday confirmed that the base single-motor rear-wheel-drive Pure version of its Air electric luxury sedan will offer 410 miles of EPA-rated driving range—more than a Tesla Model S—for less than $80,000. The Lucid Air Pure RWD is available to order now with a base price of $78,900 (including a mandatory $1,500...
Toyota on Wednesday announced a "long-term" battery supply agreement with LG Energy Solution, which the automaker claims will secure batteries for U.S. EV production. Under the contract, LG will supply battery modules at an annual capacity of 20 gigawatt-hours starting in 2025, according to a Toyota press release. Comprised of...
The industry’s transition to battery power is already underway. Republican presidential candidates are pushing to reverse course.
