Cadillac Lyriq is once more eligible for the complete $7,500 tax credit score

[ One of many facets of the EV tax credit score implementation of the Inflation Discount Act is the elevated necessities to qualify for North American components sourcing, no less than to buy the car relatively than lease. For sourcing important minerals in batteries, 50% have to be “extracted or processed” in North America, which … Read more

Treasury says US has issued $135 million upfront EV tax rebates by means of Jan. 1

[ WASHINGTON — The U.S. authorities has reimbursed auto sellers for about $135 million in superior point-of-sale shopper electrical automobile tax credit score funds from the start of the 12 months by means of Feb. 6, the Treasury stated Wednesday. Earlier than 2024, U.S. auto consumers might solely benefit from a $7,500 new electrical automobile … Read more

2024 Porsche Panamera 4 E-Hybrid and 4S E-Hybrid replace electrified V6

[ We count on round ten base variants of the 2024 Porsche Panamera. Three of them debuted on the launch of the third-generation sports activities sedan, the V6-powered Panamera and Panamera 4, and the V8-powered Panamera Turbo E-Hybrid. Two extra hybrid trims are actually prepared for public consumption, together with V6s, the Panamera 4 E-Hybrid … Read more