Mexican Media Brands
BMW, Nissan Offering Huge Incentives on EVs in San Diego
BMW AG and Nissan Motor Co. are partnering with a local utility to offer incentives worth as much as $20,000 on their electric vehicles in San Diego, Calif., Bloomberg News reports.
#hybrid
Share
BMW AG and Nissan Motor Co. are partnering with a local utility to offer incentives worth as much as $20,000 on their electric vehicles in San Diego, Calif., Bloomberg News reports.
The offers comprise discounts of $10,000 from the carmakers themselves, combined with a federal tax credit worth $7,500 and a state rebate totaling another $2,500. The incentives slash the normal price of a Nissan Leaf electric sedan by about two-thirds and reduce the cost of BMW’s i3 small EV by half.
California aims to put 1.5 million electric vehicles on the road by 2025. Bloomberg notes that the state’s legislature is considering a bill that would hike California’s $2,500 rebate to $10,000 to help achieve the goal.
RELATED CONTENT
-
On Ford Maverick, Toyota Tundra Hybrid, and GM's Factory Footprint
GM is transforming its approach to the auto market—and its factories. Ford builds a small truck for the urban market. Toyota builds a full-size pickup and uses a hybrid instead of a diesel. And Faurecia thinks that hydrogen is where the industry is going.
-
Hyundai Shops for a Partner to Make Electric Scooters
Hyundai Motor Co. is looking for a domestic partner to mass-produce the fold-up Ioniq electric scooter it unveiled at last year’s CES show in Las Vegas, a source tells The Korea Herald.
-
Frito-Lay, Transportation and the Environment
Addressing greenhouse gas reduction in the snack food supply chain