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hyundai ev tax credit

Hyundai Revs Up EV Market with $7,500 Cash Incentive for U.S. Buyers

In a bold move to strengthen its position in the competitive electric vehicle (EV) market, South Korean automaker Hyundai has launched a significant cash back incentive for American consumers. This initiative offers up to $7,500 to U.S. buyers of its Ioniq 5, Ioniq 6, and Kona Electric models until the end of January. Hyundai’s Response …

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byd lithium battery sigma takover

BYD Targets Lithium Producer Sigma for Expansion in EV Battery Sector

BYD’s Bold Expansion into the EV Battery Realm BYD, a leading Chinese electric vehicle (EV) manufacturer, is setting its sights on a major expansion in the EV battery market, with its latest move being a potential collaboration or acquisition of Sigma Lithium. This initiative reflects BYD’s ambition to strengthen its position in the competitive global …

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lucid tesla recall

Lucid Motors Faces a Major Setback: The Extensive Recall of Air Model EVs

The Troubling Recall and Its Impact Lucid Motors, the rising star in the electric vehicle (EV) sector, recently encountered a significant hurdle. The company has initiated a substantial recall impacting a significant portion of its Air model electric vehicles. This recall, covering over 2,000 vehicles produced in 2022 and 2023, was prompted by a critical …

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tesla model 3 highland

The Tesla Model 3 Highland: A New Era of Electric Mobility

The automotive industry has witnessed a significant milestone with the unveiling of the Tesla Model 3 Highland in North America. This new iteration of Tesla’s popular Model 3 series encapsulates the advancement of electric vehicle (EV) technology, combining enhanced performance, aesthetics, and efficiency. Design and Features Exterior Upgrades The Tesla Model 3 Highland, first introduced …

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byd ev battery plant

BYD Sets a New Course in EV Innovation with Groundbreaking Sodium-Ion Battery Plant

BYD, the global leader in electric vehicle manufacturing, has recently embarked on a groundbreaking venture by initiating the construction of its first sodium-ion battery plant. This strategic move involves an investment of $1.4 billion, aiming for a substantial annual capacity of 30 GWh. Sodium-Ion Battery Advantages Sodium-ion batteries are emerging as a cost-effective alternative to …

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tesla recall

Massive Recall: Tesla’s Safety Update for 1.6 Million EVs in China

Beijing’s Big Move: Tesla’s Recall and Remote FixesIn an unprecedented move, Tesla has initiated a recall for over 1.6 million Model S, X, 3, and Y electric vehicles exported to China, addressing critical issues with automatic assisted steering and door latch controls. This decision, announced by China’s State Administration for Market Regulation, indicates a proactive …

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byd vs tesla

China’s BYD Charges Ahead, Narrowing Gap with Tesla in Global EV Market

In a stunning turn of events, China’s BYD has dethroned Tesla as the world’s largest electric vehicle (EV) manufacturer in the final quarter of 2023. The Chinese giant recorded an unprecedented sale of 525,409 battery electric vehicles (BEVs) in just three months leading up to December 31, edging out Tesla’s impressive 484,507 deliveries. Despite Tesla’s …

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electric vehicles future

The Future of EV’s: Political Candidates and Their Impact

The electric vehicle (EV) market in the United States has seen significant growth in recent years, thanks to falling costs, increased vehicle availability, and government and manufacturing investments. However, the future of EV growth in the country is uncertain, as it is heavily influenced by the policies and incentives put forth by the government. With …

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