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Fisker Pauses Production And Raises $150m, Holds Out For OEM Rescue

Carscoops

In addition to being hurt by the general downturn in the EV market, Fisker has been hobbled by changes in tax credit rules that mean drivers buying electric vehicles made outside of North America or built using batteries containing materials originating in countries like China, no longer qualify for financial aid.

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Electric vehicles will need 'battery passports' to enter EU from 2027

Autocar

Battery passports are intended to shine light on supply chains and the pre-production process Digital document will detail provenance, state of health, and more Battery passports will be mandatory for electric vehicles sold in the European Union from February 2027 to provide greater visibility of what has gone into them and where it has come from.

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Has Nightmare Depreciation Made The Jaguar I-Pace And Audi E-Tron Dream Used Buys?

Carscoops

You only need to look at pre-owned prices for the Audi e-tron SUV (since renamed Q8 e-tron) and Jaguar I-Pace for proof. And it’s much worse than the depreciation suffered by equivalent combustion models on sale at the same time. That’s not great by modern standards.

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Australian Government aims to boost EV uptake with low-interest loans

CarExpert

The $55,000 cutoff would mean only one brand-new Tesla would qualify: the base Model 3 RWD. It comes as EV sales growth has slowed in Australia following a bumper couple of years. For the January-November period of this year, EV sales were up 3.1 However, sales of hybrid vehicles were up by 79.3

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Rivian R1S Now Available For Lease, But It’ll Cost You

Carscoops

advertisement scroll to continue Read: Rivian Misses Q4 2023 Sales Target, Is 2024 Going To Get Even Worse? The good for lessees is that both the R1S and R1T qualify for a $7,500 tax credit under the clean vehicle program when leased. Even with the tax credit, leasing an R1S comes at a high cost.

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Decline in used car values hits Barretts of Canterbury profits

Motor Trader

The group saw pre-tax profits fall 56.9% Used car sales declined to 2,740 compared to 2,960 the prior year. As in many sectors we have found it difficult to recruit qualified staff with the appropriate level of skills. Rapidly falling used car values impacted profits at Barretts of Canterbury last year. from £50.1m. “We

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Third-Party Automotive Leads for Car Dealerships: Boost Your Sales and Increase Conversions

Turbo Marketing Solutions

Third-party automotive leads provide car dealerships with a valuable source of pre-screened, in-market shoppers and sellers, increasing sales opportunities and conversions. This understanding helps tailor marketing efforts in a way that attracts high-quality leads—those who are more likely to convert into a sale or a purchase.