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

EV tax credit becomes instant dealership rebate in 2024: Here’s how

Green Car Reports
The federal EV tax credit will shift to a point-of-sale dealership rebate in 2024, giving customers instant access to the credit, the U.S. Treasury Department confirmed Friday in a press release. Under current rules, buyers can’t claim the credit of up to $7,500 for new vehicles and $4,000 for used vehicles until they file their taxes. Effective… More…

Ferrari boss already tested the future electric supercar from Maranello

ArenaEV
When one thinks of Ferrari, one imagines the roar of a 12-cylinder engine, not the quiet hum of an electric motor. However, change is inevitable, and even this iconic supercar manufacturer isn’t denying it. Benedetto Vigna, Ferrari NV’s CEO, recently took an early prototype of Ferrari’s debut electric model for a test drive. While Vigna remained coy in the interview with Bloomberg about the specifics of his experience, he teased, “I like it a lot, and I’m happy because you cannot see what I’m seeing in my memory.” Ferrari, globally revered for its exquisite 12-cylinder engines, has… More…