Tag Archives: EV
Ford Shadows Tesla in Cutting EV Prices
On Monday, Ford Motors announced it was cutting prices on its top-selling battery-powered vehicle, the Mustang Mach-E. They also said they will be increasing the production of the sport-utility vehicle. This is just one of the few signs of ever-intensifying … Continue reading
Top Automakers Pushing to Build US Battery Plants Amid EV Tax Credit Revamp
In light of the new EV tax credit rules that were a part of a deal between Senators Chuck Schumer and Joe Manchin, EV automakers are now required to have the battery that goes inside the car, mainly manufactured and … Continue reading
Top Automakers Claim Electric Vehicle Price Hike has Nothing to do with Biden’s New Spending Bill
Shortly after the new Inflation Reduction Act spending bill recently signed by President Biden, two of the top automakers in the country, General Motors (GM) and Ford received backlash regarding their increase in the price of electric vehicles. The pushback … Continue reading
Senate reaches a deal regarding EV tax credits sought by Tesla, Toyota
A bid deal between senators Chuck Schumer and Joe Manchin includes a very popular consumer tax credit extension regarding the purchase of electric vehicles. This is a massive benefit to EV giants like General Motors, Tesla, and Toyota. This credit … Continue reading