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Charging Forward: Porsche Expands Charger Network, Plug-In Hybrids Stir Oil Demand Concerns, and the Surge in Point-of-Sale EV Tax Credits
PHEVs Could Increase Future Oil Consumption, Porsche Expands Charging Network, Instant EV Tax Credit Gains Popularity: Car News Today
Porsche incorporates thousands of new charging stations into its navigation app. The instant electric vehicle tax credit is receiving a lot of attention. Moreover, could plug-in hybrids contribute to rising oil demand in the future? All this and more on Green Car Reports.
In its latest report on electric vehicle sales, Bloomberg New Energy Finance identifies plug-in hybrids as a potential variable in future oil consumption. The resurgence of PHEVs, coupled with findings that they operate in electric mode for only 11-54% of the time, indicates that if consumers choose PHEVs over fully electric vehicles, this could lead to higher than anticipated oil demand. Additionally, there are concerns about whether these vehicles will be charged as frequently as needed if they are primarily introduced to meet regulatory requirements.
Porsche has significantly expanded its charging network for electric vehicle owners by incorporating thousands of ChargePoint EV charging stations into its offerings. This upgrade means that drivers of Porsche's electric vehicles and plug-in hybrids can now access 75% of all compatible charging stations across the U.S. via the Porsche app. The timing coincides with the introduction of new models to Porsche's electric lineup, including the Macan Electric and the Taycan. Additionally, the app supports integrated payment options and includes access to both Level 2 destination chargers and DC fast-charging connectors.
The U.S. Treasury Department has reported that the majority of electric vehicle (EV) purchasers are choosing to use their federal EV tax credit immediately upon purchase. On Wednesday, the department disclosed that 90% of eligible new EV buyers in 2024 took advantage of the credit at the time of sale. Additionally, 80% of those buying eligible used EVs also claimed their credit at the point of purchase.
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Regulatory bodies categorize them as electric vehicles, yet Bloomberg's energy research division indicates they could increase oil consumption if consumers choose them over battery-powered electric vehicles.
Many sites also accommodate plug-in hybrids by providing Level 2 destination charging stations.
Following an initially sluggish uptake in early 2024, the point-of-sale rebate has rapidly emerged as the preferred method for obtaining the EV tax credit.
We go for an initial spin in the 2025 Honda Civic Hybrid. The 2025 Nissan Leaf is once again ineligible for the EV tax credit. Meanwhile, as Tesla’s Supercharger expansion slows, Ionna is gaining ground. All this and more, right here on Green Car Reports. In our assessment of the 2025 Honda Civic Hybrid, we discovered that this model sets a standard…
The 2025 Honda Civic Hybrid is a logical choice and could be the perfect everyday vehicle for anyone seeking a fuel-efficient option in a subtle design.
The price tag of the Leaf remains the same as it was in 2024, but it no longer qualifies for the $3,750 tax credit that the 2024 editions do.
The initial rapid-charging stations for electric vehicles, financed by a consortium of seven car manufacturers, are set to debut later this year and will accommodate both NACS and CCS charging standards.
A recent analysis indicates that Tesla's Supercharger network is no longer as dominant compared to other public charging stations. Certain models of the Nissan Ariya are being recalled due to a conventional oil leak issue. Meanwhile, the Chevy Blazer EV has seen a reduction in its starting price. For these stories and more, stay tuned to Green Car Reports. Chevrolet has announced a price cut for the base model…
A manufacturing defect in a limited batch of Ariya electric vehicles may cause unusual degradation in the motor assembly, potentially resulting in diminished performance.
The study indicates that while the Tesla Supercharger network's satisfaction levels have not declined, competing networks have shown enhancements.
For the 2025 model year, the starting price of the Blazer EV has been reduced by up to $1,200.
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