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Will EV tax credit price caps add urgency to arrival of affordable models?

Green Car Reports

Price caps included with a proposed revamped federal EV tax credit could put pressure on automakers to produce more affordable electric models, argues a new Bloomberg report. In its current form, legislation would add price caps of $55,000 for cars and.

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New Tesla Model 3 Performance with federal tax credit is more affordable than Long Range AWD

Teslarati

With a starting price of $52,990, the reengineered Tesla Model 3 Performance is already a bang-for-the-buck vehicle. This is because among Tesla’s current Model 3 lineup, only the new Model 3 Performance qualifies for the $7,500 federal tax credit. There are few performance cars that can accelerate from 0-60 mph in 2.9

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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. The trend is consistent with steady growth in availability and affordability. in January.

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Volkswagen aims to debut new affordable electric vehicles in 2027 with prices around $22,000

Baua Electric

The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). VW still aims for affordable EVs to debut in 2027 After walking away from its partnership to develop an entry-level EV (20,000 euro) with Renault, Volkswagen is going solo. VW said last week it was still looking at its options for affordable EVs.

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Report: Tesla To Build Fabled Affordable Electric Car in Germany

The Truth About Cars

New reports state that Tesla is working toward an affordable EV model and note that it will produce the vehicles at its German location near Berlin. The report noted that Tesla plans to build a car with a 25,000-Euro starting price, or just shy of $27,000. Image: gofra/Shutterstock.com] Become a& TTAC insider.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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Nissan and Toyota EV tax credit, Stellantis-LG battery plant, cobalt and EV affordability: Today’s Car News

Green Car Reports

We look at how cobalt prices—and some bad U.S. decisions over resource control—may lead to EV-affordability issues. Toyota and Nissan are introducing more EVs just in time for buyers to claim the full EV tax credit. The parent company of Jeep, Ram, Dodge, and Chrysler teams up with LG for a battery plant in Canada.