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B.C. dealers upset about decision to change EV rebate program

Canadian Auto Dealer

government is changing its electric vehicle rebate program has the province’s automotive dealers and its association disappointed and confused. New Cars Dealers Association, told Canadian auto dealer he expects EV sales will “fall off a cliff” as a result of the changes. The sudden news that the B.C. Blair Qualey, President of the B.C.

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Almost a quarter of new-car sales in Q1 were electrified

Auto Remarketing

Electrified vehicles including the battery-electric, plug-in hybrid electric and hybrid electric segments made up nearly a quarter of all new-car sales in the U.S. during the first quarter, and their overall sales were up nearly 30% year-over-year. The report indicates there were 750,698 new EV sales in Q1, which is up 29.6%

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New Jersey Phasing Out Sales Tax Exemption For EV Buyers

Carscoops

New Jersey residents in the market for a new or used battery- electric vehicle will soon have to cough up more money after state officials revealed it will phase out a sales tax waiver. For the past 20 years, local buyers, leasing, or renting a new or used electric vehicle have been exempt from a 6.625% sales tax.

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Do end of year sales get extended?

Shawn Ryder

As the end of the year approaches, consumers and dealerships alike are focused on the enticing sales events that characterize this period. The question often arises: do end-of-year sales get extended? However, the notion of extending these sales can vary based on several factors.

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World record sales tipped for electric vehicles

Drive.com

2024 may be The Year of the Electric Car with experts predicting growth to triple for record sales globally. Electric vehicles are on track for world record sales in 2024 with demand set to boom according to data analysts Stocklytics.com. The post World record sales tipped for electric vehicles appeared first on Drive.

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Ford Announces Incentives and Discounts on F-150 Lightning by up to $15,000

Automotive Addicts

Ford has announced new incentives and discounts for its MY2023 F-150 Lightning in an effort to boost sales of electric vehicles. By leveraging the Treasury’s advanced EV tax rebate system, Ford is able to reduce the price by $7,500 for the Pro, XLT, and Lariat trim levels. So, what does this mean for potential buyers?

Rebate 105
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BYD is offering a bonus gift for the first 3000 Sealion 6 SUV orders

Drive.com

Drive understands since going on sale on 16 May, the brand has yet to hit 3000 orders for its PHEV SUV. Customers looking to test drive the Sealion 6 can do so at any BYD retailer, and can order the vehicle online. New South Wales no longer offers a rebate for new electric and hybrid vehicles purchased after January 1, 2024.

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