VW gigafactory battery, Bolt EV discount, Toyota EV tax credit removal: Reverse week
According to several reports last week, which automaker has beaten Tesla this year in electric vehicle sales?
Which company claims to have 1,000 battery swap stations?
Here’s our look back at Reverse Week — right here at Green car report—For the week ending July 8, 2022.
This week, Toyota confirmed that it has delivered 200,000 eligible vehicles that will activate EV tax credit elimination phase for Toyota and Lexus. That means buyers can claim a $7,500 tax credit on models like the BZ4X electric vehicle and the RAV4 Prime plug-in hybrid that will drop to $3,750 on October 1.
2022 Chevrolet Bolt EV
In a move that is particularly rare in the auto industry — especially in a market of such sellers — GM has launched a Retroactive discounts on Chevy Bolt EV and EUV new models purchased in 2022. That includes a discount of about $6,000 on the 2022 Bolt EV or EUV, an amount equivalent to the line discount in 2023.
Volkswagen on Thursday officially broke ground First EV battery cell “gigafactory”—One of six such plants for Europe, with potential future North American battery plants.
Groundbreaking ceremony of Volkswagen Salzgitter EV factory
BYD is back in the lead in electric vehicle sales, several business publications reported earlier this week; but that’s only true if you consider the plug-in hybrid as an EV. Apple-to-apple, Tesla is still leading—Although Volkswagen is still in the passing lane.
Fisker requested an additional $5,000 from placeholders who wanted to lock in one of the 5,000 points for $68,999 Ocean One Launch Edition—The first models in the lineup will go into production starting this November. Amidst some confusion about the additional funds, Fisker explained to Green car report that it’s an actual down payment for the car—though the $37,499 Ocean Sport that follows will have no additional upfront.
2023 Fisker Ocean
As part of Power Day, Nio reveals that it’s finished 1000 . battery swap stationand it has confirmed that the 500kw DC fast charger will be rolling out to China and Europe soon. It also has plans for a mass-market brand that will use Nio’s own 800-volt battery pack.
China’s GAC revealed a LFP battery “super iron” provides a 20% increase in power density by volume compared to existing LFP cells. Can it help chemistry break into new products and markets?
Jaguar is planning to completely revamp its product line with trio of luxury electric crossovers is expected to begin arriving in 2025, according to a recent report citing industry intelligence. It’s part of a change that will make the brand more exclusive and premium.
2022 Jaguar I-Pace
Toyota and Panasonic lead in solid state battery patentFind Nikkei this week. Although we caution that the tally of patents does not suggest they are any closer to bringing the technology to production. If anything, it’s a reminder that Toyota has been looking at solid-state technology for a long time, since the 1990s.
In a new survey, Consumer Reports saw greater determination from shoppers in turning their next vehicle into an EV. Although about the same percentage of Americans are interested in electric vehicles as they were two years ago, 14% say they “will definitely buy or rent an electric car” in 2022 — compared to just 4% in 2020.
2022 Ford F-150 Lightning
A study from telecommunications and fleet analytics company Geotab looked at real-world data from its fleet’s 91,000 vehicles and found that 76% of trucks could be replaced by fully electric pickups. , while the initial cost was often higher today, 45% can use electricity with a cost of ownership advantage.
Electric vehicle prices are so high that they are unsustainable for the market? Industry executives have hinted that we’ll hit some sort of market correction soon, but one took it a step further, saying that If electric cars don’t get cheaper, “the market will crash.“
Tesla Model S Electric Vehicle Road Trip, Route 66 Museum, Elk City, Oklahoma [photo: David Noland]
And according to a meta-analysis of millions of used car sales, The strongest growth of electrified vehicles is in rural Americanot in the urban and suburban coastal areas that are considered early adopters.
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