645ci Coupe 4.4l Nav Cd Cold Weather Package 8 Speakers Am/fm Radio Memory Seat on 2040-cars

Auto blog

VW, Rivian, Nissan, BMW, Genesis, Audi and Volvo lose EV tax credits starting tomorrow

The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. The Treasury said the new requirements effective Tuesday will also cut by half credits for the Tesla Model 3 Standard Range Rear Wheel Drive to $3,750 but other Tesla models will retain the full $7,500 credit. Vehicles losing credits Tuesday are the BMW 330e, BMW X5 xDrive45e, Genesis Electrified GV70, Nissan Leaf , Rivian R1S and R1T, Volkswagen ID.4 as well as the plug-in hybrid electric Audi Q5 TFSI e Quattro and plug-in hybrid (PHEV) electric Volvo S60. The Swedish carmaker is 82%-owned by China’s Zhejiang Geely Holding Group. The rules are aimed at weaning the United States off dependence on China for EV battery supply chains and are part of President Joe Biden's effort to make 50% of U.S. new vehicle sales by 2030 EVs or PHEVs. Hyundai said in a statement it was committed to its long-range EV plans and that it "will utilize key provisions in the Inflation Reduction Act to accelerate the transition to electrification." Rivian declined to comment and the other automakers could not immediately be reached for comment. Treasury also disclosed General Motors electric Chevrolet Bolt and Bolt EUV will qualify for the full $7,500 tax credit. GM said earlier it expected at least some of its EVS would qualify for the $7,500 tax credit under the new rules, including the 2023 Cadillac Lyriq and forthcoming Chevrolet Equinox EV SUV and Blazer EV SUV. Treasury said all GM EVs will qualify. Earlier, Ford Motor and Chrysler-parent Stellantis said most of their electric and PHEV models would see tax credits halved to $3,750 on April 18. Treasury confirmed the automakers' calculations. The rules were announced last month and mandated by Congress in August as part of the $430 billion Inflation Reduction Act (IRA). The IRA requires 50% of the value of battery components be produced or assembled in North America to qualify for $3,750, and 40% of the value of critical minerals sourced from the United States or a free trade partner for a $3,750 credit. The law required vehicles to be assembled in North America to qualify for any tax credits, which in August eliminated nearly 70% of eligible models and on Jan. 1 new price caps and limits on buyers income took effect.

Park your BMW with a wave, 3D instrument clusters, and more

Remote parking your car with a smartphone app is so 2015. In the future envisioned by BMW, you can park your car by giving it hand gestures. Meanwhile, the car will sync with your smart home and display traffic information on your hallway mirror. It's all part of a giant list of concepts and technologies BMW is bringing to the 2016 Consumer Electronics Show. Let's break down some of the big ideas BMW's bringing to this year's CES. Park By Waving Actually, you don't even need to wave to get this i3 Concept to start moving. From inside your house, simply picking up the key can signal your connected garage door to open and tell your car to pull out into the driveway. Out in the wider world this concept takes automated parking a step further than current in-car parking assistance systems. Once a spot is found, the driver gets out and waves at the car. The i3 then does all the movement on its own. What's the benefit of watching your car park instead of sitting inside while it parks itself? Not much, other that the ability to fit into narrow parking spaces. But I'm a sucker for automation like this, as long as it works better than those infernal foot-kick tailgate opening systems. The Bumper That Snitches For You If you have a car already covered in cameras, why not use them for more than parking? Bumper Detect is BMW's take on the valet-mode recording in the Chevrolet Corvette. But instead of filming any motion, BMW's system monitors the body and bumpers for any unexpected impacts and immediately captures the footage. An alert goes to the driver's smartphone via the BMW Connected App, with available live streaming images. Samsung Smart Things And The Smart Home The i3 on display at CES intergrates Samsung's Smart Things app into the iDrive controller. This allow you to use connected smart home features inside the car, like turning off lights or adjusting the thermostat. BMW's vision further into future integrates the car into the home even more with what the automaker calls Open Mobility Cloud. You can call it a personal assistant or an evil digital spy, depending on your perspective of this kind on technology. In any case, Open Mobility Cloud uses predictive algorithms to plan the day and give relevent information through BMW's smartphone app or – in a super futuristic way – a Mobility Mirror inside the house.

Karma Automotive partners with BMW for powertrains

Now in the process of rising from the ashes of Fisker, the newly renamed Karma Automotive has announced a powertrain supply deal with BMW. Only instead of Karma providing BMW with technologies (as Tesla has for Daimler and Toyota), this deal goes the other way around. It is BMW that will be providing Karma with its powertrain components moving forward. Little in the way of specifics was disclosed regarding precisely what the supply deal will entail. However according to the statement below, it will include "high voltage battery charging systems and a wide range of hybrid and EV systems." BMW has demonstrated its competence in developing and manufacturing such components with vehicles like the i3 and i8, and ActiveHybrid versions of the 3 Series, 5 Series, and 7 Series sedans. Karma Automotive is what Chinese component manufacturer Wanxiang renamed the company formerly known as Fisker Automotive once it acquired the rights to the company and the Fisker Karma which it previously produced. The brand name, however, remained the property of Henrik Fisker's coachbuilding operation. The original Fisker Karma was powered by a 2.0-liter turbo four supplied by General Motors, with a lithium-ion battery pack from A123 systems. Karma Automotive Signs Supply Agreement With BMW COSTA MESA, Calif., Nov. 12, 2015 /PRNewswire/ -- Karma Automotive announced today that BMW has agreed to be a supplier in ensuring their vehicles are built with the highest quality automotive parts. BMW will supply Karma Automotive with their latest powertrain components, including high voltage battery charging systems and a wide range of hybrid and EV systems. Throughout automotive history, BMW has been globally recognized for engineering and manufacturing world-class products. They are a proven technology leader and renowned for conceiving and delivering groundbreaking innovations. Karma Automotive will integrate the first BMW components into its plug-in hybrid flagship vehicle, which will re-launch in 2016. The next generation of vehicles already in development will utilize more of BMW's powertrain technology. "The Wanxiang Group is giving Karma Automotive the opportunity to bring a stunning car back to the market, and the partnership with BMW and their outstanding track record is a great fit for the future," said Karma's CEO Tom Corcoran.