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The 2024 Nissan Leaf is now eligible for a $3,750 federal EV tax credit, Nissan confirmed Monday in a press release. The credit—half the maximum amount of $7,500—can be applied to any new 2024 Leaf models purchased and placed in service by Dec. 31, 2023. The confirmation comes after several months of ambiguity on whether the Leaf would qualify for any tax-credit amount under new rules enacted under the Inflation Reduction Act (IRA). According to Nissan, because the Leaf and its battery pack are produced in Smyrna, Tennessee, it qualifies for a $3,750 credit under the “battery content” requirements of…
In a seemingly bizarre yet tragic twist, a new study says that EV owners are a fickle bunch. After purchasing an electric vehicle, half of EV owners go back to ICE vehicles as either a replacement car or a second vehicle – all with the exception of Tesla owners, who are (no surprise) notorious for their fierce brand loyalty. A new study from S&P Global Mobility revealed that EV owners switching back to ICE vehicles had three classic arguments: pricing, infrastructure, and range anxiety, and other consumers just felt better having an ICE or hybrid vehicle in the garage as…
We know from the countless drag races we’ve organized, filmed, and watched so far that power isn’t the only deciding factor for a win. And with the current crop of high-performance electric cars, power is getting a relative term to some extent – if you want to make an impression on the drag strip, it is no longer enough to have 300 horsepower on tap. But in many cases, the more power your vehicle has, the higher the chances are for a triumph. Our Turkish colleagues from the global Motor1.com family have recently put against each other two of the…
BYD expects its net profit for the first three quarters to be RMB 20.5 billion – RMB 22.5 billion, up 120.16 percent – 141.64 percent year-on-year. https://img.cnevpost.com/2023/10/17200033/2023101712003353.mp3 BYD (OTCMKTS: BYDDY) expects it will continue to see strong profit growth in the third quarter, as its vehicle sales rise. The Chinese new energy vehicle (NEV) giant expects it will post a net profit of between RMB 9.55 billion ($1.31 billion) and RMB 11.55 billion in the third quarter, according to its earnings preview released today. That represents a year-on-year increase of 67 percent to 101.99 percent, and an increase of 39.89…
KargoBot has become an independently operated company and received an investment of over RMB 450 million, according to local media. https://img.cnevpost.com/2023/10/17180429/2023101710042957.mp3 (Image credit: Didi Autonomous Driving) Didi Chuxing’s autonomous driving freight division KargoBot has become an independent company in a bid to be more flexible. KargoBot has become an independently operated company and has received an investment of over RMB 450 million yuan ($61.5 million) from investors including Chinese conglomerate Erdos Group, local media outlet 36kr reported today. The independent operation is to allow KargoBot to develop more flexibly, raise funds separately, advance external partnerships and accelerate commercialization, the report…
As of October 15, Li Auto was at 17,800 so far this month, Tesla at 8,400, Nio at 5,100 and Xpeng at 4,600 units. Vehicle insurance registrations for major electric vehicle (EV) makers rebounded in China last week, as the country’s long National Day holiday came to an end. For the week of October 9 to October 15, Li Auto (NASDAQ: LI) sold 10,500 vehicles, putting the company on track for a new high of over 40,000 for the month, the company said today on Weibo. As before, Li Auto didn’t explain the basis for calculating the weekly sales, but…
Anhui aims to have more than 500,000 public charging piles and 500 battery swap stations by 2027, which will meet the charging needs of 1 million NEVs. https://img.cnevpost.com/2023/10/17123043/2023101704304371.mp3 Anhui province in eastern China aims to increase the number of public charging piles in the province by nearly 400 percent over the next four years to meet charging demand at a time when new energy vehicle (NEV) sales are growing rapidly. By 2027, Anhui will have more than 500,000 public charging piles and 500 battery swap stations, and they will meet the charging needs of 1 million NEVs, according to an…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! History was made in early September as Stefano Mesa and Tytlers Cycle Racing took second in the Super Hooligan race at Circuit of the Americas (CotA), putting a fully battery-electric motorcycle on the podium for the first time in history. Mesa has been hovering around the podium all season, putting in consistently solid performances to sit in about 5th or 6th place throughout the end of the season, but at CotA, he battled a field of ICE vehicles in 102F (39C) degree heat on…
It wasn’t long ago that the software in your car was merely an afterthought; something that rarely affected a purchasing decision much less the vehicle’s driving dynamics. Those days are gone. Software has become such an integral part of just about every facet of today’s vehicles that the term “software-defined vehicle” has emerged and is currently used throughout the industry. Rivian is one of the companies that operate on the cutting edge of software development as the electric vehicle startup has developed its own in-house software stack, enabling it to push out over-the-air (OTA) updates more frequently than most automakers…
Rivian is rolling out one of its most significant software updates to date starting this evening. We’ve been driving the R1S version around for the better part of two weeks and can take you through what’s new and what it is like to use. The Rivian 2023.38 software leaked almost two weeks ago, and shortly after, Rivian offered to let us try it ahead of launch. Were we doing beta testing for them? If so, we are happy to report almost no flaws. We weren’t able to test out the towing or the specific updates that were made for the…