Tag: US EV market

Clean Technica

NIO Has Now Produced 800,000 Electric Vehicles

NIO Has Now Produced 800,000 Electric Vehicles
4 min read

Showing just how far the company has come, Chinese smart EV company NIO just announced that it has now produced its 800,000th electric vehicle. (Of course, it has produced zero non-electric vehicles.) While it is yet to turn a profit, it is notable that the company plans to reach profitability … [continued]

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Clean Technica

Whoops — US EV Tax Credits Ended Sooner Than Expected In Big Bad Budget Bill

Whoops — US EV Tax Credits Ended Sooner Than Expected In Big Bad Budget Bill
3 min read

Two weeks ago, I wrote that the Republican plan to cut electric vehicle incentives may lead to a huge surge in EV sales through the end of the year, but that was based on the plans that had been proposed in the early stages of the bill. As it turns … [continued]

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Clean Technica

Could Be A Huge Surge In US EV Sales In Rest Of 2025, And Then Big Crash

Whoops — US EV Tax Credits Ended Sooner Than Expected In Big Bad Budget Bill
3 min read

So, reportedly, the plan for how Republicans will kill the $7,500 tax credit for electric vehicles is this: 180 days after the budget bill is passed into law, the EV tax credit will go away. Additionally, the tax credit for leased EVs will be eliminated immediately for cars produced outside … [continued]

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