Remove 2028 Remove Electric Vehicles Remove Manufacturing
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Is the future of FCEVs boom or bust?

Auto Service World

The future of fuel cell electric vehicles remains uncertain as the automotive industry continues to evolve, a new report highlighted. While battery electric vehicles (BEVs) have seen significant growth in model availability, sales, and charging infrastructure, FCEVs have struggled to keep pace.

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Rivian to Receive $6.6B Conditional Loan from US DOE

Tomorrow's Technician

Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) loan program for a loan of up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) to accelerate its growth and leadership of electric vehicle design, development and manufacturing in the United States.

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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. However, the future of this segment still points to all-electric. However, while battery electric vehicles have struggled, PHEVs have thrived.

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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. We’re finding those vehicles that are going to be coming back to the marketplace, we’re down 1.2 million vehicles, Ross observed.

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

AutoInc.

This provision could benefit many repair shops that will have to spend significantly on new equipment, tools, machinery, and other costly investments to order to adapt to new vehicle technologies. Current incentives for electric vehicle (EV) purchases and production have led to a sudden surge in EVs on the road.

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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. Only new vehicles would qualify, and those vehicles must be assembled in the U.S.

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Honda to Establish EV Value Chain in Ontario, Canada

Tomorrow's Technician

Honda expects that electric vehicle production will begin in 2028. In addition to securing the current employment level of 4,200 associates at its two existing manufacturing facilities in Ontario, Honda said it estimates it will add a minimum of 1,000 new associates for the EV and EV battery manufacturing facilities.