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California Could Exclude Tesla From EV Credits

Hosted on MSN · 4h

California proposes its own EV-buyer credit — which could cut out Elon Musk's Tesla

Gov. Gavin Newsom of California said he'd restart a rebate program if Trump ended the federal EV tax credit, but Tesla models could be excluded.

Tesla would likely be excluded from new California EV tax credits, governor's office says

Tesla's electric vehicles likely would not qualify for California's new state tax credits under a proposal in the works if President-elect Donald Trump scraps the federal tax credit for EV purchases,

USA Today · 10h

Tesla would likely be excluded from new California EV tax credits, Newsom's office says

Trump's transition team is considering eliminating the federal tax credit of $7,500 for EV purchases, Reuters reported this month.

Rivian's Georgia EV plant gets $6.6B conditional loan

Associated Press on MSN · 11h

Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused

President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory.

The Washington Post on MSN · 17h

EV maker Rivian gets $6.6 billion federal loan to finish Georgia plant

Rivian paused work on the plant earlier this year amid financial difficulties. The factory is supposed to produce midsize and crossover SUVs.

Engadget on MSN · 16h

Rivian will likely receive $6.6 billion loan from the government to open its plant in Georgia

American EV maker Rivian just announced that it has received a commitment from the US Department of Energy (DOE) for a loan totaling $6.6 billion. This is thanks to the DOE’s Advanced Technology Vehicle Manufacturing (ATVM) Loan Program.

4h

Leaked BYD Letter Signals China EV Price War Is Set to Intensify

BYD Co. has asked suppliers to accept price cuts next year in a signal the Chinese electric vehicle maker is preparing for ...

17h

Tesla Model Y And Chevy Equinox EV Top Year-End Deals Favoring Lease Over Price

Year-end deals on electric vehicles are starting to surface as Tesla and traditional car dealers take advantage of the ...

11hon MSN

Elon Musk learns how EV charging works from Pete Buttigieg

You’d think Elon Musk, the CEO of Tesla and its wide-reaching Supercharger network, would already know about the workings of ...

Reuters on MSN10h

EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand

HANOI, Nov 26 (Reuters) - Vietnamese electric vehicle (EV) manufacturer VinFast on Tuesday reported a smaller $550 million ...

1don MSN

California could keep the $7,500 EV credit alive if Trump kills the cost-saving measure, Newsom says

California Gov. Gavin Newsom announced Monday he will provide $7,500 electric vehicle rebates for his state if ...

3h

Indonesia’s Biggest Taxi Firm Bets BYD Plant to Cut EV Prices

Indonesia’s largest taxi operator expects an upcoming BYD Co. plant will bring electric vehicle prices down as it seeks to ...

1don MSN

EV charging platform Ampeco raise $26M Series B, as demand for charging soars

We last covered EV charging platform Ampeco in 2023 when it raised a Series A round of $13 million. Today it’s raised $26 ...

14h

Carmakers say British EV sales mandate to cost them $7.5 bln in 2024

Carmakers said on Tuesday they will have to pay out nearly 6 billion pounds ($7.52 billion) in discounts and compliance costs ...

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