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Is the future of FCEVs boom or bust?

Auto Service World

According to a new report by IDTechEx, authored by technology analyst John Li, the year 2024 marked the second consecutive year of declining sales for FCEV passenger cars, with commercial vehicles also lagging behind BEVs. However, the report does not expect fuel-cell cars to disappear entirely.

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2028 Polestar 7 Compact SUV Will Be Built At Volvo's New Slovakia Plant

Jalopnik

All Rights Reserved 2028 Polestar 7 Compact SUV Will Be Built At Volvos New Slovakia Plant Latest News Reviews Brands Car Types Buying Culture Tech Beyond Cars Racing QOTD Features Newsletter Advertise News 2028 Polestar 7 Compact SUV Will Be Built At Volvos New Slovakia Plant By Logan K.

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The ‘horror story’ of the used vehicle market

Auto Service World

So when examining whether or not manufacturers will start to bring those vehicles into showrooms as used cars, its not a bright picture. So with that top of mind as well, we’re seeing those numbers decline up to 2027; 2028 we see it pick up, he said. He noted that his group looks at the market on a 48-month level.

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PHEVs shine but for how much longer?

Auto Service World

Last year was a challenging time for the electric car market, but plug-in hybrid electric vehicles (PHEVs) are experiencing significant growth, according to a new report. Manufacturers like BYD have expanded their PHEV offerings, leading to a surge in PHEV sales. However, the future of this segment still points to all-electric.

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U.S. House Passes U.S. Senate Version of the “One Big Beautiful Bill”

AutoInc.

It would also eliminate approximately 50 percent of EV manufacturing incentives. Individuals who purchase a new car, assembled in the United States, between now and the end of 2028 and report less than $100,000 in their tax filing will be able to deduct up to $10,000 in car loan interest payments until the end of the 2028 tax filing year.

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U.S. Senate Passes Major Tax and Spending Bill with Provisions Beneficial to Many Small Businesses

AutoInc.

Individuals who purchase a car between now and the end of 2028 and report less than $100,000 in their tax filing can deduct up to $10,000 in car loan interest payments until the end of the 2028 tax filing year. It would also eliminate approximately 50 percent of EV manufacturing incentives.

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Indian tire industry poised for continued growth after 2023 surge

Tire Review Magazine

Source: Automotive Tire Manufacturers Association of India. Indian tire demand is expected to grow by a compounded annual growth rate (CAGR) of more than 7% during the next five years to reach 290 million units in the 2028 financial year. Source: Society of Indian Automobile Manufacturers. billion by the 2028 financial year.