Tax Credit Or No Tax Credit? - Mobility EVo

Tax Credit Or No Tax Credit?

Happy Thursday. This week, we have another great newsletter with news on Tax Credits, Tesla’s Charging Network, Lucid, Ola Electric, Xiaomi, and much more.  

Make sure to share this newsletter with the link below, and have a fantastic day.

EV News

Since it was signed this week, there are immediate changes to EVs and the available tax credits.  If you plan on buying a Kia or Hyundai next week, you may be a little too late.  Here is the list of the now eligible EVs including the Audi Q5, the BMW 3-series Plug-In, the BMW X5, the Chevrolet Bolt EUV, and the Chevrolet Bolt EV. There are additional changes that will take effect on January 1, 2023.

In other EV News
  • Tesla’s Shanghai plant has manufactured its 1 millionth EV as its main export hub. 
  • Acura's first EV has one of the brightest LED grilles in the industry
  • Tesla wants to expand Tesla Supercharger membership to non-Tesla owners. Expect to see the new adapters on Superchargers by the end of 2022.
  • EV adoption may start with pole-mounted electric chargers. With pole-mounted chargers, EV charging can become more accessible. A city in Massachusetts has installed 16 chargers recently throughout town, making it the first place on the east coast to implement pole chargers.
  • VinFast, Rivian, and Lucid have gotten creative with the incentives. 
  • Startup EExion has created technology able to charge electric vehicles in just five minutes. The company’s “Energize-N’-Go” storage technology can achieve this once impossible feat, encouraging further EV adoption.

EV of the Week

It’s Monterey Car Week and we had conflicts this year and aren’t able to attend (my wife is having a baby today or maybe tomorrow), but that doesn’t mean we aren’t there in spirit.  We could be jumping the gun on this one, but there is a strong rumor going around about a new Lucid being revealed at The Quail gathering on Friday.  Supposedly the new Lucid will be a tri-motor version with around 1,400 horsepower.  Expect the new Lucid to still have 5 seats and cost north of $150,000.  More to come on Friday, but what the heck, we like new EVs, and thus the new tri-motor Lucid is the EV of the week.  

-John @ Mobility EVo

AV Corner

Although all autonomous lift trucks will significantly reduce the need for human operators, robotic software will still need humans in a support role. Robotic lifts may be formulated to conduct certain functions to lower costs.

In other AV News

  • A BMW iX testing session on public roads was interrupted when the vehicle swerved out of its lane and hit two other cars. The AV had five people on board; all five were injured, while four other people in other cars were injured, and one person was killed. BMW confirmed that the vehicle wasn’t self-driving at the time of the crash.
  • The world’s first autonomous container ship has set sail on its first two-year journey in Norway. 
  • Xiaomi is testing 140 autonomous vehicles throughout China. The company has put $490 million towards the development of AVs.
  • Indian automaker Ola Electric is working on an EV projected to arrive in 2024. The car will have a range of 500 km per charge and can reach 100 km/h within 4 seconds. 
  • completed its first autonomous vehicle testing session, with the vehicles performing above average. The AV successfully maneuvered around double-parked cars and busy intersections and was able to change lanes and make unprotected left turns.

EPG and Mobility EVo

Mobility EVo is brought to you by EPG.  EPG is an electric vehicle and autonomous vehicle recruiting and staffing company.  We created Mobility EVo to bring you the latest news on the Electric Vehicle and Autonomous Vehicle industry through our newsletter.  Whether it’s Tesla, Ford, Mobileye, Cruise, Waymo, GM, Rivian, we bring it to you.  We also have some electric vehicle merch too.  Check out our EV hats, EV Shirts, EV Hoodies, etc…  We have something for everyone. 

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