Toyota EV tax credit sunset, Fisker Ocean One, “super iron” battery, Jaguar EVs: Today’s Car News


Jaguar plans to change its EVs upmarket. It is time to put revenue down if you want to be one particular of the initially with a Fisker Ocean. Could a improve to the LFP chemistry heighten its acceptance? And if you want to take whole gain of the EV tax credit score on Toyota and Lexus plug-in types, make designs now. This and much more, here at Environmentally friendly Automobile Studies. 

Toyota has verified it is correct. Its plug-in hybrid and EVs in the latest months ended up adequate to result in its phaseout interval for the federal EV tax credit history. That usually means Toyota and Lexus plug-in models will be in a position to declare the complete volume of the credit—up to $7,500—until October 1, while the credit score fades away entirely Oct 1, 2023. 

With the output start off for the Fisker Ocean EV only about four months away, Fisker has questioned for an further $5,000 from reservation-holders who want to lock in one particular of the 5,000 places for the $68,999 Ocean Just one launch edition. Contrary to stories somewhere else, Fisker clarified to Environmentally friendly Car Experiences that this is an true down payment on the vehicle. Individuals keeping out for the $37,499 Ocean Sport or other variations have no require to up the ante. 

Jaguar is setting up to completely revamp its lineup with a trio of electric luxury crossovers due to start off arriving in 2025, according to a report citing marketplace intelligence. It’s aspect of a shift to be more exceptional and upmarket.

China’s GAC has unveiled a “super iron” LFP battery, with the claim of a 20% strengthen in power density by volume versus standard LFP cells. Could it enable the chemistry split as a result of to new marketplaces like the U.S., or new sorts of products and solutions?

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