NEWSNOTES | January 9, 2025
News Notes
Thursday, January 9, 2025
/
Rachel Baker
|
|
Good news for anyone looking to buy an EV this year: customers can now apply the $7,500 EV tax credit to vehicles from Hyundai Motor Group, including Kia and Gensis models. The manufacturing giant plans to keep growing in the US market, with 5 vehicles now eligible for the $7,500 credit. Hyundai is also offering a free NACS adapter for those leasing or purchasing a new EV. For additional info, check out this deep dive on how the federal tax credit works and which vehicles are eligible.
On the flipside of Hyundai’s success, Tesla’s EV sales are down for the first time in over a decade. Competition from legacy automakers like BYD are closing the gap as consumers have more options to choose from: there are now 75 models of EVs available for purchase in the US. BYD reported a 41% increase in EV sales in 2024 compared to 2023, selling 1.76 million vehicles. Also reporting strong sales is Ford, with over 30,000 EV sales in the last quarter of 2024 marking a new high for the company.
Fleet management software provider WEX recently announced a partnership with Qmerit to install EV chargers at the homes of fleet drivers. Qmerit will provide EV charging installation while WEX facilitates the payment and reimbursement process for fleet drivers and managers. This at-home approach can help fleets take advantage of more cost-effective EV charging with residential electricity rates.
Those interested in learning more about fuel and technology solutions in the long-haul industry will want to check out NACFE’s Run on Less Messy Middle Bootcamp, with 13 sessions running February to July. This year’s focus on the “messy middle” aims to bring clarity to the largest emitting market segment. Three sessions will focus on diesel and natural gas vehicles, three on battery electric vehicles, and three on hydrogen.
As much of the country is experiencing the first winter storms of 2025, EV owners might want to read up on tips for driving and operating in cold weather. Stay safe and warm!
|
|
RESOURCES
- Hyundai, Kia, Gensis EVs now qualify for the $7,500 tax credit, Electrek
- Here’s Every EV that Currently Qualifies for the US Federal Tax Credit, Electrek
- Tesla Sales Dropped 1.1% in 2024, Associated Press
- Ford Reaches New Electric Vehicle Sales Heights, Clean Technica
- WEX Announces Partnership with QMerit, Charged EVs
- Run on Less – Messy Middle Bootcamp, ACT News
- Optimizing Electric Vehicles for Cold Weather Driving, ZETA
To be included in future editions of NewsNotes, reach out to Rachel Baker, Lead Membership Development Manager (rbaker@calstart.org).
Recent posts
Featured Member
King Fio Trucking LLC
Address
CALSTART
48 S Chester Ave
Pasadena, CA 91106
USA
Visit us
Contact: membership@calstart.org
Offices in: San Joaquin Valley, CA | Berkeley, CA | Brooklyn, NY | Lakewood, CO | Santa Rosa Beach, FL | Troy, MI | Pasadena, CA (HQ)