<h2>Overview</h2>
MG ZS EV is the mid-range fully electric SUV that comes from China where it produced by SAIC Motors. This is the first MG branded vehicle available in Europe for over a decade. MG ZS EV offers a 143 HP single electric motor, 44.5 kWh battery and 263 kilometers of range when fully charged. It is one of the most affordable electric cars in the continent, starting at 26,095 pounds.
This Chinese electric SUV is currently being sold in the UK, Germany, Netherland, Australia, Turkey and so on. Prices may vary depending on the country’s EV tax incentives.
<h2>Performance</h2>
ZS EV has one electric motor on the front, producing 143 horsepower and 353 Nm of torque. 0 to 100 km/h acceleration performance is around 8.2 seconds. The platform that ZS EV manufactured is not purely EV-intended, the vehicle operates very well with an electric drive unit and a heavy battery placed underneath the floor.
Top speed of the vehicle is 140 km/h, and it supports adaptive cruise control. There is no other engine option for this model year, but it might get much powerful versions in the near future.
<h2>Design and Features</h2>
ZS EV has a big MG logo on its front grille, a very wide grille that is not fully closed as it is very popular with other EVs. MG logo on the grille also hides the charging port for the vehicle.
Interior of the ZS EV looks very modern and neat, nothing out of the ordinary. Back seats are very roomy, floor is not too high compared to other electric SUVs. There is a small screen at the center of the gauge cluster and also a much bigger 8-inch infotainment touch screen.
Infotainment system in the ZS EV is not very smooth, but it does support Apple CarPlay and Android Auto unlike some other Chinese brand vehicles like Seres 3 and Hongqi E-HS3.
Heated front seats, two USB ports, optional panoramic sunroof are some other features that MG ZS EV has.
<h2>Range and Charging</h2>
MG ZS EV carries a 44.5 kWh battery pack, relatively small unit. But it can run 263 kilometers on a single charge. WLTP range is way lower at ~150 km and at this price range it is very acceptable. However, due to the lack of a heating system in the battery pack, cold weathers will affect the range very deeply.
The car supports DC fast charging at a rate of 100 kW, but real-world tests show that it can only go as high as 76 kW with public DC charging plugs. 0-80 percent of charge in 40 minutes and AC charging will top up the battery in 6.5 hours.
<h3>Where is MG ZS EV Made?</h3>
MG ZS EV is made in China, manufactured by the Chinese automaker SAIC Motors. Although originally MG brand belongs to a British carmaker, in 2005 it was sold to a Chinese firm which later bought by SAIC Motors.

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MG ZS EV

🔥The BYD Seal U has been launched in China with a price starting at $18,040 for the hybrid version and $20,800 for the electric version.
💰 Price: $18,040 (hybrid), $20,800 (electric)
🔋 71.8/87 kWh LFP battery
🛣️ 520/605 km range
⚡ 204/218 HP motor options
🔌 90/140 kW DC, 11 kW AC charging support
📐 4,785 mm length, 2,765 mm wheelbase, heat pump thermal management system
The Chinese electric vehicle giant BYD has opened orders for the Seal U model. For the 2024 model year, there is a significant reduction in prices, almost $3,000.
Having surpassed the 800,000 sales mark in three years, the Seal U will initially come to our country only with the plug-in hybrid version. This motor option stands out with a starting price of $18,000.
<img loading="lazy" decoding="async" class="aligncenter wp-image-42577 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187-1024x567.jpeg" alt="" width="750" height="415" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187-1024x567.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187-300x166.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187-768x425.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187-1536x851.jpeg 1536w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187-1568x868.jpeg 1568w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187.jpeg 1887w" sizes="(max-width: 750px) 100vw, 750px" />

IMG_6185

The BYD Seal U Has Been Launched in China with a Price Starting at $18,040

⚡#BYD has revamped its popular electric sedan Han, which sold 220,000 units last year. The 2024 version of the car has been launched in China with a starting price of $25,000.
🟢The 5-meter sedan features a base model with a 150 kW motor, a 60.48 kWh LFP battery, and 110 kW DC charging support. All models come equipped with the new Level 2+ intelligent driving system, DiPilot 100, which has been in development for over 1,000 days. Additionally, the new generation intelligent suspension system, DiSus-C, has been integrated into the 2024 model to enhance Han&#8217;s comfort.
<img loading="lazy" decoding="async" class="aligncenter wp-image-42558 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170-1024x641.jpeg" alt="" width="750" height="469" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170-1024x641.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170-300x188.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170-768x481.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170-1536x962.jpeg 1536w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170-1568x982.jpeg 1568w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170.jpeg 2048w" sizes="(max-width: 750px) 100vw, 750px" />
🔋The 2024 BYD Han boasts a range of 506 km (CLTC), which extends up to 715 kilometers in the version with an 85.44 kWh battery. During today&#8217;s event, it was emphasized for the first time that the car features a silicon carbide chip inverter and an 800V architecture. However, the charging speed of the largest battery being limited to 155 kW indicates that the entire high-voltage system is not yet ready for 800V.
🚗In the performance version of the car, a dual-motor powertrain capable of producing 517 horsepower and 700 Nm of torque is used, achieving a 0-100 km/h acceleration time of 3.9 seconds.
<img loading="lazy" decoding="async" class="aligncenter wp-image-42554 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169-1024x586.jpeg" alt="" width="750" height="429" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169-1024x586.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169-300x172.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169-768x440.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169-1536x879.jpeg 1536w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169-1568x897.jpeg 1568w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169.jpeg 2048w" sizes="(max-width: 750px) 100vw, 750px" />

IMG_6171

The 2024 BYD Han Has Officially Been Released | Starting At $25,000

Zeekr

⚡ Chinese ZEEKR极氪 announced a major update to its first car, the 001, by replacing over 2,000 components.
🔋 The 2024 Zeekr 001, available with 95 and 100 kWh battery options, now features an 800V architecture. This not only boosts charging speeds up to 350 kW but also significantly enhances the vehicle’s efficiency.
🟢 Transitioning to the new-generation thermal management system called PTM 2.0 along with the battery, the 4.9-meter electric crossover can operate efficiently in both high and low temperatures.
💨 The new 001 offers a single-motor option producing 310 kW (422 HP) and a dual-motor option capable of generating 560 kW (762 HP). Hence, it’s expected to have a starting price around $40,000.
🚗 Equipped with LiDAR sensor-based autonomous driving mode, a new infotainment system powered by Qualcomm Snapdragon 8295 chipset, and numerous interior design changes, the exact price of the 001 will be revealed upon its release on February 27th.
<div style="width: 750px;" class="wp-video"><video class="wp-video-shortcode" id="video-42447-13" width="750" height="422" preload="metadata" controls="controls"><source type="video/mp4" src="https://api.dolubatarya.com/wp-content/uploads/2024/02/Zeekr-001.mp4?_=13" /><a href="https://api.dolubatarya.com/wp-content/uploads/2024/02/Zeekr-001.mp4">https://api.dolubatarya.com/wp-content/uploads/2024/02/Zeekr-001.mp4</a></video></div>

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The New Zeekr 001 | 800V Architecturer and Qualcomm 8295 Chipset

Audi

💰Starting price: €74,700
🔋94.9 kWh battery, 625 km range
🔌270 kW DC charging, 10-80%: 21 minutes!
⚡388/517 HP motor options (Q6 e-tron quattro vs SQ6 e-tron)
🟢PPE platform, 800V electrical architecture
📐Length: 4,771 mm, Rear trunk: 526 liters, Front trunk: 64 liters, Wheelbase: 2,899 mm
<img loading="lazy" decoding="async" class="aligncenter wp-image-42976 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6407-1024x611.jpeg" alt="" width="750" height="448" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6407-1024x611.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6407-300x179.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6407-768x458.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6407.jpeg 1200w" sizes="(max-width: 750px) 100vw, 750px" />
#Audi has introduced its first car developed on the all-electric PPE platform, the Q6 e-tron.
The Q6 e-tron, which is priced 10% cheaper than its sibling model, the Porsche Macan EV, developed on the same platform, stands out with both more compact and lightweight electric motors and a large prismatic cell-based massive battery.
<img loading="lazy" decoding="async" class="aligncenter wp-image-42974 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6408-1024x667.jpeg" alt="" width="750" height="489" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6408-1024x667.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6408-300x196.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6408-768x500.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6408.jpeg 1200w" sizes="(max-width: 750px) 100vw, 750px" />
Audi, using NCM811 cathode cells produced by Chinese company Contemporary Amperex Technology Co., Limited (CATL) in Germany, states that the larger cell form facilitates battery production. Additionally, it emphasizes that the newly developed smart thermal management system enhances battery life by continuously conditioning the battery and reduces charging time.
Regarding the engine, the company claims a 50% increase in efficiency compared to the first-generation electric Audis and states that it can produce more power with smaller motors by increasing power density by 62%. It should be noted that the Q6 e-tron uses an asynchronous ASM motor at the front and a permanent magnet synchronous PSM motor at the rear, differentiating it from the electric #Macan.
<img loading="lazy" decoding="async" class="aligncenter wp-image-42972 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6409-1024x595.jpeg" alt="" width="750" height="436" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6409-1024x595.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6409-300x174.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6409-768x446.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6409.jpeg 1200w" sizes="(max-width: 750px) 100vw, 750px" />

IMG_6406

Audi Q6 E-Tron | 255 KM Range with a 10-Minute Charge!

HiPhi

🟢Announcing that it will convert diesel mining trucks to electric in 2021 together with #ABB, #Hitachi shared that the first vehicle has been produced.
⛏️The giant truck started to be used in a copper-gold mine in Zambia. It climbs with an electrical connection that feeds the battery, similar to a trolleybus, while going to pick up load. When turning downhill while loaded, it recharges its battery thanks to regenerative braking.
🔋In this way, ABB and Hitachi completed the transformation with a smaller one instead of a megawatt-hour battery. They made this possible thanks to the regenerative braking ability of the huge electric motors seen in the prototype photo.
🔌Mining truck&#8217;s previously had a giant internal combustion engine with 16 cylinders and 2,534 horsepower. It will relatively reduce the impact of mining on the environment by ending diesel consumption and zeroing out emissions after the conversion to electric.
<img loading="lazy" decoding="async" class="alignnone size-large wp-image-41961" src="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_5518-1024x609.jpeg" alt="" width="750" height="446" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_5518-1024x609.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_5518-300x178.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_5518-768x456.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_5518.jpeg 1240w" sizes="(max-width: 750px) 100vw, 750px" />

IMG_5520

244 Tons Capacity Truck Converted Fully Electric by ABB

Leapmotor

🟢 Stellantis, which invested €1.5 billion in the Chinese electric car venture #Leapmotor last year, plans to produce the brand’s vehicles in Italy.
🏭 Already in talks with the Italian government to increase production capacity, #Stellantis aims to start Leapmotor production in Italy with an annual capacity of 150,000 units by 2026 or 2027. The Mirafiori factory, where Maserati and the electric Fiat 500 are produced, seems like the most reasonable option.
🔋 Leapmotor, which sold 144,000 electric vehicles in 2023, entrusted its European operations to Stellantis, its 21% partner. With production starting in Europe within a few years, the Chinese company will not only be relieved of tax burden but also benefit from incentives for electric vehicles in Europe.
<img loading="lazy" decoding="async" class="alignnone size-large wp-image-42252" src="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_5750-1024x582.jpeg" alt="" width="750" height="426" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_5750-1024x582.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_5750-300x170.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_5750-768x436.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_5750-1536x872.jpeg 1536w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_5750-1568x890.jpeg 1568w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_5750.jpeg 2048w" sizes="(max-width: 750px) 100vw, 750px" />

IMG_5748

Stellantis To Produce Electric Cars for Chinese Leapmotor in Italy!

Ford

The new clean vehicle tax credit, which came into effect in January 2023, is bringing down the cost of owning an electric vehicle. Before the IRA (Inflation Reduction Act), popular brands like Tesla and General Motors were not eligible because of the sales limit. Thanks to new legislation, some of the best EVs, such as the Tesla Model Y and Chevrolet Bolt now qualify for the tax credit. But electric vehicles assembled outside the US are now disqualified.
Normally, when an EV manufacturer sells 200,000 vehicles in the United States, the $7,500 federal tax credit halves to $3,750, and that process repeats a few times before being reduced to no credit. Tesla and General Motors already sold more than enough eligible EVs. So, there is no tax credit for these brands, right? Not quite. Let us explain.
With the Inflation Reduction Act, the 200,000 sales cap on tax credit is gone, and EVs from Tesla and General Motors are once again eligible for the tax credit. But there are now price caps for different kinds of vehicles. We try to sum up some of the new details of tax credit eligibility and created a list of vehicles eligible for the tax credit in the United States.
Update 2 (18th Feb, 2023): Genesis Electrified GV70 became the first Hyundai Group EV to earn tax credit eligibility. The luxury SUV is being produced at Korean carmaker&#8217;s Alabama plant.
Update 1: All Tesla Model Y variants, Ford Mustang Mach-E, VW ID.4, and Cadillac Lyriq are now eligible under the SUV MSRP cap $80,000, according to latest regulatory changes made by <a href="https://www.irs.gov/credits-deductions/manufacturers-and-models-for-new-qualified-clean-vehicles-purchased-in-2023-or-after">IRS</a> on February 3rd, 2023.
<h2>List of Electric Vehicles That Qualify for New Clean Vehicle Tax Credit</h2>
<div style="overflow-x: auto; max-width: 100vw; display: block;">
<table style="margin-bottom: 1em; white-space: nowrap; margin-left: auto; margin-right: auto;">
<thead>
<tr>
<th class="has-text-align-center" style="background-color: #1b1f25;" data-align="center">Qualified Vehicles</th>
<th class="has-text-align-center" style="text-align: center; background-color: #1b1f25;" data-align="center">MSRP Limit</th>
<th class="has-text-align-center" style="text-align: center; background-color: #1b1f25;" data-align="center">Retail Price Range</th>
</tr>
</thead>
<tbody>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/genesis-electrified-gv70">Genesis Electrified GV70</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$80,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$65,850 &#8211; $73,225</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/ford-f-150-lightning-standard-range">Ford F-150 Lightning</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$80,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$55,974 &#8211; $96,874</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/ford-mustang-mach-e-rwd-standard-range">Ford Mustang Mach-E</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$80,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$46,895 &#8211; $69,895</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/ford-e-transit">Ford E-Transit</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$80,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$49,575 &#8211; $53,790</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/2022-chevrolet-bolt-ev">Chevrolet Bolt</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$55,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$27,495 &#8211; $30,695</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/chevrolet-bolt-euv">Chevrolet Bolt EUV</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$55,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$28,795 &#8211; $33,790</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/cadillac-lyriq">Cadillac Lyriq</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$80,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$62,990</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/rivian-r1s">Rivian R1S</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$80,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$78,000 &#8211; $92,000</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/rivian-r1t">Rivian R1T</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$80,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$73,000 &#8211; $89,000</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/2021-tesla-model-3-long-range">Tesla Model 3 RWD</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$55,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$43,990</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/2021-tesla-model-3-performance">Tesla Model 3 Performance</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$55,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$53,990</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/2021-tesla-model-y-long-range">Tesla Model Y AWD Long Range</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$80,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$53,490</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/2021-tesla-model-y-performance">Tesla Model Y Performance</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$80,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$56,990</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/volkswagen-id-4-pure">Volkswagen ID.4 (inc. Pro, Pro S, S variants)</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$80,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$38,995 &#8211; $51,445</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/volkswagen-id-4-pro-s-awd">Volkswagen ID.4 AWD (inc. Pro, Pro S variants)</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$80,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$47,795 &#8211; $55,245</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/nissan-leaf">Nissan Leaf S</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$55,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$28,040</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center"><a href="https://www.licarco.com/nissan-leaf-e">Nissan Leaf SV Plus</a></td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$55,000</td>
<td class="has-text-align-center" style="text-align: center;" data-align="center">$36,040</td>
</tr>
</tbody>
</table>
</div>
According to <a href="https://www.consumerreports.org/cars/hybrids-evs/electric-vehicles-that-qualify-for-new-ev-tax-credit-a9310530660/">Consumer Reports</a>, new tax credit rules will go into place in March 2023. This new bill will limit the credit value based on the vehicle&#8217;s battery origin, the origin of the battery materials, etc. And starting in 2024, the tax credit eligibility will be lost, if any materials of the battery are from &#8220;foreign entities of concern&#8221;, such as China and Russia. EV manufacturers are notifiying customers to finalize their order before the new rules take effect.
<h3>Do Leased Electric Vehicles Qualify for Tax Credit?</h3>
The EV tax credit requirements will get stricter each year through 2026. By the time all rules go into effect, a large portion of electric vehicles will lose their eligibility. But there is an alternative to purchasing an EV to benefit from clean vehicle incentives.
If an electric vehicle is leased, most of the requirements for purchasing a vehicle may not apply. For instance, you could lease an EV made outside the US and still get a tax credit. The credit will be received by the dealer, not the person leasing the vehicle, but it is up to your leaser to pass the saving on to your payments.
Thanks to new rules, expensive electric vehicles like Lucid Air, and Tesla Model S may also benefit from tax credit if a customer chooses to lease instead of purchase.

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Which Electric Vehicles are Eligible for Tax Credit in US? | 2023 List

Polestar

Having made one of the first investments to produce lithium-ion battery cells in Turkey, Kontrolmatik has rolled up its sleeves for production in the USA this time. The company, which received $127 million in incentives from the state of South Carolina, will build a battery cell and energy storage solutions factory in Colleton County with an annual capacity of 3 GWh.
<h2>Kontrolmatik Receives More than $1 Billion in Incentives</h2>
The US factory, in which Kontrolmatik will invest 279 million dollars, will receive 160 thousand square meters of 320 thousand square meters of land from the state where it will be established as free allocation. It will benefit from exemptions from taxes such as income tax, sales tax, and property tax. Additionally, it will receive cash grant support for staff employment and infrastructure. In addition, as long as the factory is in operation, it will benefit from support in purchasing raw materials and electricity.
<img loading="lazy" decoding="async" class="aligncenter wp-image-30177 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2022/12/kontrolmatik-fabrika-giris-2-1536x858-1-1024x572.jpeg" alt="" width="750" height="419" srcset="https://api.dolubatarya.com/wp-content/uploads/2022/12/kontrolmatik-fabrika-giris-2-1536x858-1-1024x572.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2022/12/kontrolmatik-fabrika-giris-2-1536x858-1-300x168.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2022/12/kontrolmatik-fabrika-giris-2-1536x858-1-768x429.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2022/12/kontrolmatik-fabrika-giris-2-1536x858-1.jpeg 1536w" sizes="(max-width: 750px) 100vw, 750px" />
Pomega Energy, 100% subsidiary of Kontrolmatik
Kontrolmatik, which carries out its battery activities under the brand of <a href="https://www.pomega.com/en/">Pomega Energy,</a> has received state incentives and has been entitled to benefit from two important supports: 35 dollars per kWh in battery cell production and 10 dollars per kWh in battery pack production within the scope of the USA&#8217;s Inflation Reduction Act (IRA). With this support, it is estimated that until 2032, Kontrolmatik will receive more than $1 billion in incentives.
<h2>LFP to Produce Cathode Battery Cells</h2>
The Turkey-based battery manufacturer will produce battery cells with LFP cathodes in the USA as well as in the factory it has established in Ankara. LFP cells, which are preferred for energy storage solutions rather than electric vehicles, are frequently used in power plants due to both their cost advantage and their safety compared to NMC cells.
The first phase of the US plant will be completed in the second half of 2024 and production will begin. Stating that it will integrate its team in Turkey with the USA during the R&amp;D process, Kontrolmatik plans to start production in its Turkey factory in April 2023. When all three phases of the facility in Polatlı OSB are completed, the capacity will reach 2.25 GWh.
Kontrolmatik has not yet made a statement about the chemical structure, energy density, and areas of use of the battery cells it will produce. It will also build up energy storage units for renewable energy plants in Turkey. For now, installations using imported battery cells are expected to switch to domestically produced cells after 2023.
Related Article: <a href="https://www.licarco.com/news/america-will-soon-have-a-battery-supply-chain">America Will Soon Have a Battery Supply Chain</a>
<iframe loading="lazy" title="YouTube video player" src="https://www.youtube.com/embed/9JwqVs0Uuk4" width="800" height="450" frameborder="0" allowfullscreen="allowfullscreen">﻿</iframe>

Ekran Resmi 2022-12-13 20.33.58

Kontrolmatik Establishes a Battery Factory in the USA with an Investment of 279 Million Dollars

Compass Mineral International has been starting to focus on extracting lithium more efficiently. The company is not only a leading supplier of essential minerals like salt and sulfate of potash used in plant fertilizer but also has made partnerships with Ford and LG Energy in supplying lithium.
Compass Mineral has doubled lithium extraction by developing a new technology to extract the minerals with minimal environmental impact. The company will continue to play a vital role in the industry as the major salt producer in North America and the UK.
The company has been active in the industry for almost two centuries and its revenue is exceeding $1 billion per year. The recent aim of the Compass Mineral is to diminish its reliance on weather-dependent minerals and to divert its focus toward the EV industry which has high growth potential.
Moreover, with the Inflation Reduction Act, the EV industry will grow even more with a tax credit of up to $7,500 on new and $4,000 on used EV purchases. Also, for an EV to qualify for the tax credit, 40% of its battery minerals must be sourced from the US or its free trade partners, which will rise to 80% after 2026.
<img loading="lazy" decoding="async" class="alignnone size-large wp-image-22177 aligncenter" src="https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.04.03-1024x575.jpg" alt="" width="750" height="421" srcset="https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.04.03-1024x575.jpg 1024w, https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.04.03-300x168.jpg 300w, https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.04.03-768x431.jpg 768w, https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.04.03-1536x862.jpg 1536w, https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.04.03-2048x1149.jpg 2048w, https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.04.03-1568x880.jpg 1568w" sizes="(max-width: 750px) 100vw, 750px" />
This new situation creates a great opportunity for mineral suppliers like Compass Minerals to fulfill the increasing supply need. It is predicted that the demand for lithium to be used in batteries in North America will grow by 700% by 2025 and by 1,000% by 2030.
Because of the new incentives from the government and high prices, lithium extraction became more attractive. For this reason, the lithium project of Compass Minerals in Ogden, Utah is growing.  Also, the company has recently announced a significant breakthrough in the project.
Company Minerals will use the direct lithium extraction (DLE) technology of EnergySource Minerals so that they will have a minimal impact on the environment. The extracted minerals will fulfill the supply agreements between Compass Minerals and EV leaders, including Ford and LG Energy.
<h2 style="font-weight: 400;">DLE Method by EnergySource Minerals with Minimum Environmental Impact</h2>
<img loading="lazy" decoding="async" class="size-large wp-image-22173 aligncenter" src="https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.05.22-1024x545.jpg" alt="" width="750" height="399" srcset="https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.05.22-1024x545.jpg 1024w, https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.05.22-300x160.jpg 300w, https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.05.22-768x409.jpg 768w, https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.05.22-1536x817.jpg 1536w, https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.05.22-2048x1089.jpg 2048w, https://api.dolubatarya.com/wp-content/uploads/2022/09/Screen-Shot-2022-09-17-at-20.05.22-1568x834.jpg 1568w" sizes="(max-width: 750px) 100vw, 750px" />
After three years of “extensive testing”, Compass Minerals decided to use the DLE technology of EnergySource Minerals because its proprietary ILiAD adsorption technology proved to be the most successful across four key combined assessment categories: lithium recovery; magnesium rejection; minimized environmental impact; and commercial readiness.
Chris Yandell, Head of Lithium at Compass Minerals, explains the logic behind this choice as follows:
“Our selection of ESM results from a comprehensive, competitive process, and we are excited to forge ahead on our lithium development with their team as a trusted provider. Our multi-year assessment was focused on matching the right technology with our specific lithium brine resource – and we are confident we’ve done just that with this provider selection.”
The ILiAD technology by EnergySource Minerals is considered the best among others and commercially ready. The technology dramatically reduces the water footprint of operations, does not consume reagents, demonstrates order-of-magnitude longer operating life, and has the highest lithium recovery rates. EnergySouce Minerals has tested the technology platform on a variety of brines and is ready to be rapidly deployed on a global scale.
&#8220;As the world transitions to a clean energy economy, lithium demand is increasing dramatically,&#8221; said Dr. David Deak, of EnergySouce Minerals. &#8220;Currently, lithium extraction has a high environmental cost, and is produced from a limited range of geographies. A technology change is required to enable a broader, more sustainable resource base. ILiAD is that technology.&#8221;

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Which Electric Vehicles are Eligible for Tax Credit in US? | 2023 List

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Kontrolmatik Establishes a Battery Factory in the USA with an Investment of 279 Million Dollars

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Compass Minerals using new extraction tech with ‘minimal environmental impact’

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