Remove Affordable Remove Batteries Remove Tax Credit Remove Tennessee
article thumbnail

Volkswagen ID.4 with SK ON battery components eligible for full $7,500 tax credit in 2024

Teslarati

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 starts with an MSRP of $38,995 for the Standard variant, which has a 62 kWh battery and an EPA-estimated range of 209 miles. 4 with two battery and powertrain options.

article thumbnail

The Nissan Leaf is Eligible for a $3,750 Tax Credit Again

The Truth About Cars

The Nissan Leaf was already the most affordable EV on sale, but recent changes have made it even cheaper. The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. has a free-trade agreement. has a free-trade agreement.

article thumbnail

This Volkswagen EV Now Comes with Full Tax Credit Benefits

The Truth About Cars

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. 4 models is conditional on future battery production and may be subject to change. 4 The 2023 ID.4

article thumbnail

Notable Updates are Coming to the VW ID.4 for 2024, but Only the More Expensive Models

The Truth About Cars

4 rolls into the new year with the same battery and powertrain options it had before, but tech improvements should help it remain competitive. There’s also a new drive motor for models equipped with the larger 82 kWh battery pack. 4 range, it remains the only European EV that qualifies for federal tax credits in the United States.

article thumbnail

Blazer EV price cut, Dodge electric muscle, Rivian R2 and R3: The Week in Reverse

Baua Electric

Which major battery supplier has 9-minute-charging solid-state cells and a 20-year EV battery in its sights? Which affordable EV regained its EV tax credit eligibility this week? With the price cut, the Blazer EV will cost $50,195, or just $42,695 to households who can take advantage of the $7,500 tax credit.

Dodge 52
article thumbnail

The Best Electric SUVs on the Market

EV Life

Like their electric car cousins, all-electric SUVs have come a long way—batteries have evolved to increase range and improve performance, new motors are providing impressive torque and towing capabilities, and prices have come down to make options more affordable, making these SUVs some of the most attractive sport utility options out there.

SUV 52
article thumbnail

Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. Let’s look at the advancements in battery cost reduction, navigate through supply chain complexities, and explore the promising prospects ahead for the EV market.

2008 52