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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.

Here are the 40+ EVs Coming to Market in 2024

Here are the 40+ EVs Coming to Market in 2024

As recently as 2019 you’d have to struggle to find an EV at your local showroom. Today, however, there are more than 50 different nameplates available in the U.S., the vast majority offered with range exceeding 200 miles – and some products doubling that figure. But the pace of introductions is only set to accelerate, with dozens of new battery-electric vehicles soon coming to market. Headlight.News checks out the most interesting and important products debuting in 2024.

First Drive: 2024 Volvo EX30

First Drive: 2024 Volvo EX30

The 2024 Volvo EX30 is one of the most critical new entries from the Swedish automaker in decades. It’s the first designed to be exclusively battery powered, anchoring Volvo’s ongoing shift to all-electric propulsion. Small on the outside, EX30 is surprisingly roomy inside and provides plenty of features and performance at a reasonable price tag — as Headlight.News discovered during several days of driving in Barcelona, Spain.

Ford Rethinks its Costly EV Program – and it’s Not Alone

Ford Rethinks its Costly EV Program – and it’s Not Alone

Ford is rethinking its commitment to battery-electric vehicles, at least in the near term, company officials revealed during an earnings call. It might seem a logical move considering the automaker lost about $37,000 on every EV it sold during the third quarter. But Ford is by no means the only automaker rethinking its commitment as growth in the electric vehicle market slows. Read the story at Headlight.News.

Volvo EM90 Will Be its First Minivan — and it’s All-Electric

Volvo EM90 Will Be its First Minivan — and it’s All-Electric

With rare exception, everything Volvo brings to market, going forward, will be all-electric. And that includes the brand’s first minivan. Images of the Volvo EM90 have begun leaking out and, not surprisingly, it bears a more than passing resemblance to the ZEEKR 009, the all-electric people-mover also being launched next year by the Swedish automaker’s Chinese parent, Geely.