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California incentive addition

Source: $1,500 Clean Fuel Reward Applies To All Electric Vehicles Bought In California

It applies to any fully-electric or plug-in hybrid vehicle with a battery pack bigger than 16 kWh.

In case you were looking for additional discounts when buying a new electric vehicle, then this new so-called ‘ Clean Fuel Reward ‘ may be of interest to you. It makes all EVs and some PHEVs purchased in the state of California $1,500 cheaper, and the only criteria is to have a certain size battery pack.

Its introduction can be credited to the California Air Resource Board (CARB) and local power providers and it actually applies to all fully electric and plug-in hybrid vehicles. You can still benefit from it regardless if buy or lease a new plug-in vehicle in the state, although said vehicle does have to be registered in California and the buyer needs to be a state resident - buying one...

bwilson4web Nov 19, 2020 Read More Replies: 3

Ford joins GM and Tesla

Source: In Reversal, Ford CEO Says Company Exploring EV Battery Production | The Motley Fool

A new managerial regime at Ford (NYSE:F) is signaling a new attitude in the carmaker's relationship with electric vehicle (EV) batteries. At the Reuters Automotive Summit, recently installed CEO Jim Farley revealed that the company is now considering producing its own battery cells for the increasingly popular vehicles.

"We are discussing [battery] cell manufacturing," he said bluntly in his remarks at the conference, which concluded on Friday. "I think that's natural as [EV] volume grows."
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That policy differentiated Ford from numerous well-known peers in the automotive sector. For example, the titan of the U.S. industry, General Motors, is devoting piles of capital and resources to such products, while Tesla Motors (NASDAQ:TSLA) famously powers its...

bwilson4web Nov 15, 2020 Read More Replies: 17