Some Electric Vehicle Buyers Are Delaying Their Order Amid Confusion Over Tax Credits
New legislation could mean a $7,500 EV credit for some, or a loss of the credit for others on orders already in progress, depending on the car they want to buyBy Keith BarryAfter months of enduriBy Keith Barry
Europe fears great difficulties in exporting its vehicles to the United States due to American protectionism © D.HECKER/AFP The car Electric ID.4 Made by the German Volkswagen. Automobile - Europe is afraid of having great difficulties in exporting its vehicles to the United States due to American protectionism
The Europe is worried about its sales of electric cars and does not intend to be done. The gigantic American investment plan on the climate transition, which establishes "discriminatory" measures for European car manufacturers, is "unacceptable" for the twenty-seven, said the Czech Minister of Industry on Monday, whose country occupies The rotating presidency of the EU.
price shock also for e -cars: 14.5 percent more expensive than a year ago
Frankfurt/Duisburg - drivers have to count on new electric cars with faster rising prices than for combustion models. © provided by Tag24 E-cars are now significantly more expensive than a year ago. After a market investigation by the Center for Automotive Research (Car), the 15 most popular electric cars in August were 14.5 percent more expensive than a year earlier, which meant an average price increase of 5385 euros. with the best -selling burners, prices rose only by 12.5 percent.
"I'm going to be direct: it's unacceptable for the EU. As it stands, this text is extremely protectionist, to the detriment of European exports. This point must be clarified, "said Jozef Sikela, on the sidelines of a meeting of European trade ministers in Prague, where the American ambassador was invited to trade Katherine Tai.
However, the EU excludes for the moment any pursuit before the World Trade Organization (WTO): "At this stage, we focus on a negotiated solution before considering other options," said the European Commissioner at the Valdis Dombrovskis trade at the end of the meeting.
A plan by Biden against global warming
ratified this summer, inflation Reduction Act set up by Joe Biden is displayed as the biggest investment ever decided in the fight against climate change. It provides $ 370 billion for the construction of wind turbines, solar panels and electric vehicles. A particular measurement of Europeans: a tax credit, up to 7,500 dollars, reserved for the acquisition of an electric vehicle leaving a North American factory with a locally manufactured battery.
How to Buy a New Car in Today’s Challenging Market
The new-car shortage may slow this year, but prices remain high and availability limitedBy Benjamin PrestonEver so slowly, new-car dealers are starting to show a few more vehicles on their lots. And because of a variety of factors—inflation, high fuel prices, a year’s worth of new-car scarcity—demand for cars has begun to cool off a bit. But new-car availability is still near record lows, and those who find themselves in the position of having to buy a new car are often paying thousands over the manufacturer’s suggested retail price. Consumer Reports is no stranger to this phenomenon.
"Number of the green subsidies provided for in the text can be discriminatory against European companies in the automotive fields, batteries, renewable energies and energy -intensive industries," said Valdiskis Valdiskis on Monday.
He announced that a joint "working group" between the EU and the United States would hold its first meeting this week to try to respond to the concerns of Europeans: "It will not be easy to resolve, but we have to do Coming, ”he told the press. "We know that other countries, such as Japan and South Korea, share EU worries, and also think about the best way to approach this problem," he added.
The same status as Canada?
For the twenty-seven, "the objective would be to obtain the same status as Canada and Mexico", whose production benefits from the same advantages as that of the United States in the measures adopted, said Jozef Sikela, noting Whether it was "a starting position in the negotiations". The Czech official said he was "quite optimistic" after Katherine Tai's interview with European ministers in Prague: "There is good will on both sides," he said.
Germany, which houses the automobile giants Volkswagen , BMW and Mercedes, warned three weeks ago against the risk of a transatlantic "tariff war".
"It is very important that we cooperate closely as strategic allies, particularly in the current situation", between war in Ukraine and energy crisis, hammered Jozef Sikela. Brussels and Washington have had several major disputes in recent years in front of the WTO, notably on aid to the American aircraft manufacturer Boeing and American customs duties aimed at European steel.
Electric Automobile: 30% of French people plan to buy one, according to a survey of the automobile: in 2022, what imaginations for the car of today and tomorrow?
Your cool EV of the future is here today! (Yeah, but not really) .
Your cool EV of the future is here today! (Yeah, but not really) originally appeared on Autoblog on Fri, 18 Nov 2022 10:00:00 EST. Please see our terms for use of feeds.