EV tax credit score qualification will get murky within the new yr. An excellent larger tariff on Chinese language EVs is being thought of. And the Lexus RZ EV will get a lower-priced base mannequin with extra vary. This and extra, right here at Inexperienced Automotive Studies.
The 2024 Lexus RZ 300e provides extra driving vary to the one EV within the Toyota luxurious model’s U.S. lineup. With a barely bigger 72.8-kwh battery pack and single-motor front-wheel drive, it may hit a 266-mile EPA vary ranking—albeit with slower acceleration than the AWD 450e. Lexus has mentioned it’s going all-electric by 2030.
Necessities for the EV tax credit score are tightening within the new yr, and lots of EVs from Ford and GM will lose eligibility, in response to a report citing each automakers. GM factors out that the modifications will solely be short-term, because it shifts sourcing to places that adjust to the brand new guidelines for EV-component origin.
And individually, the U.S. is contemplating mountaineering the 25% tariff on China-made EVs. However will holding out doubtlessly extra inexpensive EVs gradual the speed of EV adoption?
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