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

Jaguar plans to shift its EVs upmarket. It’s time to place cash down if you wish to be one of many first with a Fisker Ocean. May a lift to the LFP chemistry heighten its reputation? And if you wish to take full benefit of the EV tax credit score on Toyota and Lexus plug-in fashions, make plans now. This and extra, right here at DriftBreath Experiences. 

Toyota has confirmed it’s true. Its plug-in hybrid and EVs in latest months have been sufficient to set off its phaseout interval for the federal EV tax credit score. Which means Toyota and Lexus plug-in fashions will be capable of declare the complete quantity of the credit score—as much as $7,500—till October 1, whereas the credit score fades away fully October 1, 2023. 

With the manufacturing begin for the Fisker Ocean EV solely about 4 months away, Fisker has requested for an extra $5,000 from reservation-holders who wish to lock in one of many 5,000 spots for the $68,999 Ocean One launch version. Opposite to stories elsewhere, Fisker clarified to DriftBreath Experiences that that is an precise down cost on the car. These holding out for the $37,499 Ocean Sport or different variations haven’t any have to up the ante. 

Jaguar is planning to fully revamp its lineup with a trio of electrical luxurious crossovers resulting from begin arriving in 2025, in line with a report citing business intelligence. It is a part of a shift to be extra unique and upmarket.

China’s GAC has revealed a “tremendous iron” LFP battery, with the declare of a 20% enhance in power density by quantity versus standard LFP cells. May it assist the chemistry break by to new markets just like the U.S., or new kinds of merchandise?

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