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Tesla $7,500 credit up front, Toyota affordable EVs, Ram electric vans: Today’s Car News

Baua Electric

Toyota pushes back about the viability of affordable EVs. And Tesla buyers can now get the $7,500 EV tax credit up front—if they qualify. Tesla has started applying the EV tax credit at the time of purchase —via its own website and affecting the up-front amount buyers will need to pay when buying a new Tesla.

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New Jersey Approves Additional EV Road Use Taxes

The Truth About Cars

As more electric vehicles hit the roads, states are grappling with the change in tax revenues they’re seeing as a result. EV buyers don’t pay gas taxes, slashing millions out of state highway budgets and making it hard to afford planned improvements.

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Why Labor’s new tax cut on electric vehicles won’t help you buy one anytime soon

The Driven EV News

Labor says its electric vehicle tax cuts ar e“good for motorists, good for climate action and good for fleet purchases”. They won’t, however, help most Australians afford one. The post Why Labor’s new tax cut on electric vehicles won’t help you buy one anytime soon appeared first on The Driven.

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GM hints at an affordable Chevy Camaro EV: A $35,000 real electric pony car?

Baua Electric

An affordable Chevy Camaro EV? GM President Mark Reuss says the Camaro needs to be revived as a real pony car, hinting it could start at $35,000, similar to the new Equinox EV. The news came after a source from within GM’s Tech Center told them that the Corvette nameplate was due for the same treatment.

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Tesla just made leasing a Model 3 or Y more affordable than ever

Teslarati

Tesla just made leasing a Model 3 or Model Y more affordable than ever, offering rates as low as $329 a month for an all-electric vehicle. However, the company just slashed leasing prices for the Model 3 and Model Y , its two most popular vehicles, making it as affordable as ever to lease one of the cars with a 36-month term.

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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. Image: Nissan] Become a& TTAC insider.

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With gas phase-out in view, Europe could lose $160 billion in fuel taxes

Teslarati

With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fuel taxes in the coming years. Still, the change could have some latent effects, especially as most countries get crucial revenue from taxes on gas. What about in other countries?