• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Honda CEO on EVs: “Can’t force people to change their minds”

Green Car Reports
Honda’s CEO doesn’t believe consumers can be incentivized to change to EVs Honda’s spending $700M to retool plants and $3.5B to built a battery plant for mass EV production The exec believes the future is electric, but it’ll take time Electric cars and hybrids are currently having an inverted moment. Speaking with The Drive at the 2024 Monterey… Read more…

US EV “loophole” subsidizes imports, has fueled leasing boom

Green Car Reports
Inflation Reduction Act’s 45W, intended for commercial fleets, subsidizes EV leasing Up to $7,500 of federal money applies to EV leases regardless of their price or where they’re built That’s stoked a leasing boom that undercuts some of the original intent of the IRA If you seek a new luxury EV, or an EV made overseas, the payment math may point… Read more…