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Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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The Best Electric SUVs on the Market

EV Life

These spacious, versatile, and family-friendly vehicles offer drivers the best of many worlds in one, so it’s no surprise that the release of electric SUVs on the market was highly anticipated and met with excitement by EV fans and SUV enthusiasts alike. Which Electric SUVs Have the Most Range? The good news? The other upside?

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Rivian Will Give You a Discount to Trade In a Gas Vehicle for a New R1 Model

The Truth About Cars

Rivian sells two compelling EVs that have garnered a good deal of happy customers, but they’re far from affordable. At around $70,000 to start, the brand’s R1T pickup and R1S SUV are out of reach for most buyers, even after the $3,750 federal tax credits for some models.

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

Baua Electric

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. The 2024 Nissan Leaf is eligible for an EV tax credit of $3,750, the automaker confirmed mid-week.

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Hyundai and Ford’s EV registrations outpace the competition in March

Baua Electric

With new affordable models like the Volvo EX30 and Chevy Equinox EV, some see the momentum picking up in 2024. The Mustang Mach-E was the second best-selling electric SUV, behind Tesla’s Model Y. With some of the most affordable and fuel-efficient EVs on the market, Hyundai expects the momentum to continue this year.

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Hyundai and Kia surge past Ford, GM to take second in US EV sales in 2023

Baua Electric

of the total US market with over 650,000 deliveries, topping Volkswagen, Subaru, and BMW for the first time. It also began delivering its first three-row electric SUV, the EV9 , with 1,113 sold in December. GM ended production of the affordable electric car as it ramps up output of its Ultium models including the Blazer EV.

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800-Volt EV Charging: The ?Other Palliative for Range Anxiety ???

Cars That Think

These handsome crossover SUVs might not be able to cruise for 7 hours on the highway, like the 500-mile-range Lucid Air. inch) wheelbase—longer than the company’s largest Palisade SUV—with excellent ingress and egress, outward visibility, and cavernous space inside. With their modest size and 77.4-kWh

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