electric vehicle
EVs Eligible for Instant Tax Rebates on January 1 | Giga Gears
The rules surrounding EV tax rebate eligibility change for 2024 and it starts in just a few weeks. There are still a lot of unanswered questions about which cars will be eligible for the full $7,500 federal incentive. Unlike the current system, which requires you to take the discount from the purchase of the car as a…
Sixt Rental Company to Stop Tesla Fleet Due to High Repair Costs
Tesla dramatically dropping the retail prices of its electric vehicles has perhaps been a boon for some of its customers, but the fleet buyers have found the move a bit unnerving. Following the news that Hertz would slow its purchases from Tesla, German competitor Sixt is going a step further, discontinuing purchases…
EVs with Lower Range than Advertised: Consumer Reports | Giga Gears
There are conflicting reports on whether American car buyers are getting on board with electric vehicles. Even though almost 2 million EVs were sold this year, there seems to be a lot of inventory with some heavy discounts which usually means not enough buyers. Range anxiety is still a factor, and according to Consumer…
“Volkswagen EVs: Power Your House for 48 Hours | Giga Gears”
Experts have said that one of the ways to speed up EV adoption is for them to support bidirectional charging. The ability for owners to power their house off their car or from the grid is vital. Just nine EVs on the market currently support bidirectional charging, but now VW has announced that its electric ID models…
Direct-to-Consumer EV Sales: Manufacturers Step In as Dealers Resist | Giga Gears
A lot of car dealers don’t have much interest in selling EVs; some are politically opposed to the idea on its face, some just don’t want to make the massive investment their brands are demanding to update their stores to EV readiness and some are just philosophically opposed to learning anything about products and…