Around $28 billion in green bonds are available globally for automakers to help fund their transition to electric vehicles.
Tesla has built a commanding lead over most major rivals in profit per vehicle, according to Reuters research.
Auto industry analysts remain on high alert for “demand destruction” as high interest rates, escalating vehicle costs, and a down economy threaten auto sales.
Brand says 60% enrolled in certification program.
Report shows pace of adoption building as ICE vehicles wane.
Average vehicle transaction prices continue to soar, according to data released by Kelley Blue Book.
Without an SUV classification, the Cadillac Lyriq exceeds the price threshold for federal tax credits for EVs.
U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence.
In the fourth quarter, Stellantis reported new vehicle sales declined 16% to 347,669 vehicles.
As of January 1, consumers can lease electric vehicles and qualify for up to $7,500 in commercial clean vehicle tax credits.
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