Electric vehicles

Dodge unveils new electric muscle car concept that could replace the Challenger and Charger

Dodge Charger Daytona SRT concept car Dodge DETROIT — Dodge on Wednesday unveiled a new concept car called the Charger Daytona SRT as a preview of its first all-electric muscle car, expected in 2024. The two-door coupe is the first look at what the forthcoming vehicle, which will replace Dodge’s current gas-powered Challenger and Charger …

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Which EVs qualify for new US tax credit? Websites offer help

WASHINGTON (AP) — As part of the rollout of a huge new climate, tax and healthcare law, the U.S. government is moving forward with its plan to award new tax credits to electric vehicle purchasers. Several new websites launched Tuesday to help people identify which vehicles qualify for the credits. Based on data submitted to …

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EV credits are now harder to come by. These buyers snuck in deals under the wire. | CNN Business

Washington, DC CNN Business  —  President Biden signed into law the Inflation Reduction Act on Tuesday, and it will reshape the electric vehicle tax credit. Automakers and consumers have scrambled in the last week to brace for its impact. Some car buyers are relieved to have finalized purchases before today, when qualifying became generally more …

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Dodge will discontinue its Challenger and Charger muscle cars next year

2022 Dodge Charger SRT Hellcat (left) and 2022 Dodge Challenger SRT Super Stock Dodge DETROIT — Dodge will discontinue its gas-powered Challenger and Charger muscle cars at the end of next year, marking the end of an era for the brand as it starts to transition to electric vehicles. Since being resurrected in the mid- …

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Tesla hedging: New ETF gears up to attract hesitant investors

Risk-averse investors have a new option to make safer bets on Tesla.  Innovator ETFs launched the Innovator Hedged TSLA Strategy ETF (TSLH) – among other defined outcome products – last month. According to the ETF’s CEO Bruce Bond, it gives investors exposure to the stock while largely steering clear of volatility and valuation risks by …

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George Soros Deals a Big Blow to Tesla Rival Rivian

It’s been a somewhat hectic August for Rivian  (RIVN) .  The startup, which is presented as one of Tesla’s  (TSLA)  most serious rivals in the race for electric vehicles, is currently accumulating setbacks.  The electric vehicle manufacturer has just announced mixed earnings for the second quarter. While the company kept unchanged its forecast to produce …

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You’ll Almost Have to Buy an Electric Vehicle if Climate Bill Passes

The attractions of electric vehicles have been magnetic in 2022. Soaring gas prices, inflation not seen in four decades and a push for cleaner, environmentally friendly technology have all combined to make EVs more appealing than ever to consumers. Now, there is legislation headed toward the home stretch that will give EVs not only new …

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