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EV Sales Could Slow as Tesla, Nissan, GM Lose U.S. Tax Credits on Some Models

EV Sales Could Slow as Tesla, Nissan, GM Lose U.S. Tax Credits on Some Models

The New Year brings bad news for potential EV buyers as only a handful of models now qualify for federal tax credits of up to $7,500. That’s because of new requirements covering the sourcing of batteries and raw materials like lithium and cobalt. Among the brands impacted are Tesla, Nissan, General Motors and Ford. And analysts worry this could further slow growth of EV sales.

Dozens More EVs Coming in 2025 and 2026

Dozens More EVs Coming in 2025 and 2026

At least 40 new battery-electric vehicles are due to reach U.S. showrooms in 2024 — and that’s a conservative estimate as we’ve had a number of surprises dropped on us by both domestic and foreign-owned brands. If anything, the flood of EV offerings will likely accelerate going forward. Here’s a look at some of the models we’re expecting in 2025 and 2026. Headlight.News checks out 45 of them.

Where’s My Affordable EV? Tesla, GM and Other Automakers Claim it’s Coming

Where’s My Affordable EV? Tesla, GM and Other Automakers Claim it’s Coming

At an average cost of $60,000, most of today’s battery-electric vehicles fall into the luxury category — and that’s one reason why the growth of the EV market has slowed down this year. But as we head into 2024, motorists who want to go electric could soon find more affordable options. Get details at Headlight.News.

Toyota, Nissan Preparing a Flood of EVs – Too Bad They’ll Be Out of Reach for Americans

Toyota, Nissan Preparing a Flood of EVs – Too Bad They’ll Be Out of Reach for Americans

When it comes to EVs, Toyota and Nissan have been slow to join the party. But the two manufacturers plan to rapidly expand their offerings over the next several years. Between them, they’ve announced a combined nine new all-electric models due to reach showrooms in the next few years. Unfortunately for American motorists, most or all of those new EVs won’t be coming to the States. Headlight.News has more on the new Toyota and Nissan EVs.

White House May Temporarily Revise EV Tax Credit Rules as Sales Slow

White House May Temporarily Revise EV Tax Credit Rules as Sales Slow

The Biden admin. may give a critical boost to the auto industry as sales of battery-electric vehicles slow, temporarily lifting rules sharply curtailing the number of EVs qualifying for federal tax credits. But the senator who introduced the restrictions says he’ll fight any rollback, reports Headlight.News.

UAW Chief Fain’s Record Contracts Impacting Entire Industry

UAW Chief Fain’s Record Contracts Impacting Entire Industry

When UAW President Shawn Fain said the union was looking not only to win back what the union lost nearly two decades ago and to get more, but also to revive the labor movement in the country, he didn’t know how quickly that would come to his own industry, reports Headlight.News.

Here’s What’s Coming to the Nearly All-Electric Japan Mobility Show

Here’s What’s Coming to the Nearly All-Electric Japan Mobility Show

It’s four years since the last Tokyo Motor Show took place, and even then, it was fading into obscurity. Organizers hope to give it a boost of adrenaline in an updated form — and with a new name. While foreign brands are largely absent, again, there’ll be lots happening at the new Japan Mobility Show as the nation’s automakers charge in with an assortment of all-electric concepts and production models.

Nissan Hyper Punk Concept Merges Traditional Origami with the Edgy Manga Lifestyle

Nissan Hyper Punk Concept Merges Traditional Origami with the Edgy Manga Lifestyle

The Nissan Hyper Punk is easily the edgiest of four EV concepts the automaker will formally reveal at the Japan Mobility Show in Tokyo next week. The body looks like it emerged from an origami studio. But the Hyper Punk concept could easily find a fit in Japanese manga – or, as it turns out, the Fortnite online game.