2004 Volvo Xc70 Base Wagon 4-door 2.5l on 2040-cars

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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.

2021 Volvo XC90 Review | What's new, prices, fuel economy, pictures

The 2021 Volvo XC90 is the biggest vehicle in Volvo’s lineup, serving up three rows of Swedish luxury. ItÂ’s an attractive crossover thatÂ’s instantly recognizable as a Volvo, serving as the flagship that led the brandÂ’s revival a few years back. Volvo offers choices galore with the XC90, whether that be through trim levels or powertrain options. None of them are distinct performance models in the vein of the BMW X5 M or the Mercedes-AMG GLE 63, but the XC90Â’s appeal isnÂ’t held in 0-60 mph times and freakish handling. Instead, Volvo focuses on what it does best: Safety, efficiency and classic styling that makes us swoon. ItÂ’s spacious and cosseting when fully decked out. And while the price can rise quickly, Volvo has entry-level versions that are attainable and priced below the competition. Despite this generation starting to age, Volvo keeps it updated enough to conceal its graying areas. Those looking for something shiny and flashy should look elsewhere, because even if the snappy tech and diverse powertrain lineup are intriguing, the XC90 still flies under the radar. ItÂ’s the luxury crossover for a family that doesnÂ’t wish to boast about its bank account, but still wants a taste of the finer things in life. ThereÂ’s even a plug-in hybrid version for those wanting something thatÂ’s both quick and efficient. WhatÂ’s new for 2021? Volvo has added to the list of standard features for the new year. Now, you get adaptive LED headlights, wireless phone charging and front park assist as standard. Rear passengers gain two USB-C chargers, and the heated wipers are made available as part of the Climate Package. The T8 plug-in hybrid model is renamed as the XC90 Recharge, and it gets a new entry-level Inscription Express trim. The R-Design model gets a new glossy black grille design. VolvoÂ’s 112-mph speed limiter goes into effect across the lineup this year. Lastly, Volvo has done some color and interior trim shuffling, but nothing major. 2020 Volvo XC90 T8 Inscription View 31 Photos What are the XC90 interior and in-car technology like? No matter the trim level, the 2021 Volvo XC90Â’s cabin is a lesson in minimalism. The vibe is different from any of the German or Japanese luxury machines. Where BMW and Mercedes dashes are festooned with design flourishes and obvious luxury, the XC90 is laid back and staid. Muted wood inlays grace the dash of luxury models, whereas metal inlays are used on sportier builds.

Lincoln Aviator vs Cadillac XT6 | How they compare on paper

There have been big, three-row family crossovers for quite a while now, but until recently the luxury market hasn't fully embraced them. Sure, you could literally get one with a third row, but unless you were a kid, chances are the term "dungeon-like" was going to be tossed around. Things are changing now, however, as new and redesigned entries are starting to hit the market. We've recently had a chance to get our first drives of the 2020 Lincoln Aviator and 2020 Cadillac XT6, two all-new three-row crossovers from American luxury brands. We also got a turn behind the wheel of the updated 2020 Volvo XC90. However, since none of our editors have yet to drive to drive them all, we wanted to see how they compare on paper, examining their engine specs and interior dimensions. We also included the 2020 Acura MDX, the original three-row luxury crossover, which continues to sell well despite approaching the end of its current generation. That it offers a hybrid model makes it that much more applicable given the Aviator and XC90 also offer gasoline-electric powertrains, albeit of the plug-in variety. 3 Row Luxury Crossovers Powertrains View 1 Photos Non-hybrid MDX has a 5,000-pound max tow rating. How do their performance and fuel economy compare? This one is absolutely no contest. The 400-horsepower Lincoln blows away its competitors despite having a price tag that's similar to the 310-horsepower Cadillac and in between the XC90's T5 and T6 models. At least the Acura is considerably cheaper. Besides the eye-popping output, the estimated 0-60-mph time of 5.5 seconds (gleaned from the mechanically similar Ford Explorer ST) is appreciably quicker than the others. Now, fuel economy is a bit lower, but the efficiency of Volvo's four-cylinder engines are likely more susceptible to varying due to driver differences. It should also be noted that the Cadillac gets the same combined fuel economy estimate as the Aviator despite having 90 fewer horses and 144 fewer pound-feet of torque. Just one of the ways where the XT6's prospects dim in the presence of its cross-Michigan rival. The Cadillac is also not available as a hybrid model. The others are, but are disparate. The Lincoln Aviator Grand Touring and Volvo XC90 T8 are similar in concept: range-topping models that are as much about adding performance as they are fuel economy. Their hefty price tags certainly reflect that as well.