The Truth About Cars

MARCH 7, 2024

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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Baua Electric

MARCH 8, 2024

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. Chevy Blazer EV stop-sale ends with lower prices General Motors issued the stop-sale on the Chevy Blazer EV in late December, just four months after opening orders.

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Teslarati

JANUARY 25, 2024

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 units with batteries from SK On qualify for federal tax credits. 4 EV may choose to apply the tax credit as a down payment for the vehicle. The 2023 ID.4 Only VW ID.4

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Teslarati

NOVEMBER 29, 2023

One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. In March, the United States Department of Treasury published the battery sourcing guidance, which automakers must comply with to reap the tax credits from the IRA.

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Teslarati

APRIL 27, 2024

Just a few days after it was launched, Tesla has increased the price of the Model 3 Performance, though basic options still render it more affordable than the Long Range configuration with the federal tax credit. The Model 3 Performance is now priced at $53,990 in the U.S. In addition to launching in the U.S.

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Teslarati

OCTOBER 12, 2023

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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Teslarati

FEBRUARY 3, 2023

Tesla stock ( NASDAQ: TSLA ) continued to climb on Friday following news that Model Y vehicles would completely qualify for electric vehicle tax credits. The stock rise through January was mostly caused by price cuts of up to $13,000 across its lineup , which increased demand and orders for its cars.

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Teslarati

APRIL 19, 2024

Tesla has implemented a series of price adjustments to the Model S, Model X, and Model Y. With their price adjustments, the two flagship vehicles and Tesla’s best-selling car have become a bit more affordable for consumers. As observed by Tesla community members, the Model S sedan has received a price cut of $2,000.

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The Truth About Cars

FEBRUARY 12, 2024

The Tesla Model Y is the world’s best-selling electric vehicle, but that hasn’t stopped the automaker from exploring new ways to boost buyer interest. Though it’s eligible for federal tax credits, Tesla is temporarily decreasing pricing on the SUV, dropping it to $42,990 for the base model and $47,990 for the Long Range model.

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Teslarati

OCTOBER 12, 2023

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 Truth About Cars

NOVEMBER 6, 2023

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. As these things tend to go with Tesla, the information came from an unnamed source, as reported by Automotive News. Image: gofra/Shutterstock.com] Become a& TTAC insider.

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Teslarati

FEBRUARY 5, 2024

Just weeks after its initial release in North America, the upgraded Tesla Model 3 Long Range Dual Motor All wheel Drive (AWD) has seen a minor price increase. With the price increase in place, the Model 3 LR now starts at a price of $46,990. Previously, the vehicle was priced at $45,990 before options.

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Teslarati

FEBRUARY 7, 2023

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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Baua Electric

MAY 17, 2024

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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Teslarati

OCTOBER 19, 2023

Tesla increased the price of the Model X Plaid by $5,000. The price increase occurred within the last few days or hours. On October 15, 2023, the Tesla Model X Plaid’s price was still $89,990. It does not qualify for federal tax credits under the Inflation Reduction Act (IRA).

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Teslarati

JUNE 8, 2023

A look at Tesla’s official pages for the Model 3 sedan and Model Y crossover shows that the electric vehicle maker is highlighting the fact that the electric cars are eligible for the IRA’s $7,500 tax credit. Credit: Tesla Credit: Tesla Over on Twitter, Tesla is implementing a similar strategy.

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EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

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Teslarati

MARCH 16, 2024

One major automotive outlet says Tesla is no longer just a luxury brand, in part due to its unique pricing strategy over the past few years. In a column shared on Friday, Automotive News Executive Editor Jamie Butters laid out an update to a 2022 piece that had initially called Tesla a luxury brand. average car price.

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The Truth About Cars

FEBRUARY 14, 2024

Tesla made news on several occasions last year for cutting prices on the Model 3 sedan, but the automaker appears to have reversed course with the introduction of the car’s 2024 refresh. The Model 3 is now the same cost as the Model Y, moving it away from the impressive price point it had for much of last year.

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Teslarati

MARCH 9, 2024

Chevy announced on Friday that it’s now resuming Blazer EV sales, re-launching the vehicle’s three configurations with lower price tags starting at $50,195. The updated pricing marks a drop of 9 percent or more, down from the previous starting price of $56,175. GM also plans to utilize the division on all of its future vehicles.

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Teslarati

OCTOBER 5, 2023

As per updates on Tesla’s official order pages for its two best-selling all-electric vehicles, the Model 3 and Model Y have received a fresh batch of price cuts. The Tesla Model 3 Rear-Wheel Drive (RWD), the all-electric sedan’s most affordable variant in the US, now starts at $38,990.

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Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

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Clean Fleet Report

JUNE 4, 2022

Significant Price Reduction Repositions Entry-Level EV. Chevrolet announced this week that its 2023 Bolt EV and Bolt EUV are going to get major drops in price. The new 2023 pricing (2022 pricing in parenthesis) includes the mandatory $995 destination fee. News: 2020 Chevrolet Bolt To Get 259 Miles of Range.

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Teslarati

FEBRUARY 10, 2023

Tesla Model Y Rear-Wheel-Drive units in China received minimal price increases of less than a percentage point this week. Tesla increased the price of the base Model Y trim level from 259,900 yuan ($38,167.27) to 261,900 ($38,460.97). percent increase in price and is relatively minimal, but still a slight uptick. It is only a 0.8

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Baua Electric

JANUARY 20, 2024

The 2024 Hyundai Elantra Hybrid gets a price hike—and more of a price bump versus non-hybrid Elantra models, although the Elantra Hybrid does now get the larger 10.3-inch Looking at the latest “Highland” Model 3, as priced last week, it undercuts the Tesla by $9,000. inch infotainment screen. with other markets to follow.

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Teslarati

FEBRUARY 4, 2023

Tesla has increased prices on its Model Y all-electric crossover and cut prices on the Model 3 sedan. For the Model Y, it is the third price change the vehicle has had in the past month. All Model Y trims are now eligible for the $7,500 tax credit. All Model Y trims are now eligible for the $7,500 tax credit.

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Teslarati

JANUARY 14, 2023

The Tesla Model 3 price cuts have put the cost of a new base Tesla Model 3 lower than that of some used Tesla Model 3s in some cities. due to the recent price cuts. The recent price cuts enable buyers to purchase a base Model 3 for $43,990, and with the EV tax credit, that price is further reduced.

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The Truth About Cars

MAY 24, 2024

Ford cut Mustang Mach-E pricing earlier this year, achieving its intended result of boosting demand for the electric SUV. Now, the automaker is offering a zero-percent APR for qualified customers, making the vehicle even more affordable. Incentives are nothing new, and they don’t necessarily point to problems with Mach-E demand.

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Baua Electric

MAY 20, 2024

In a new interview with The Detroit News , Barra confirmed the (battery cell) issues are “behind us now.” After ending the Chevy Blazer EV stop sale in March, GM introduced significantly lower prices. The 2024 Chevy Blazer EV (2LT AWD) now starts at $50,195, down $6,520 from its previous $56,715 starting price.

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Baua Electric

MAY 8, 2024

According to the data gathered, Carvana saw that its used EV sales mix achieved new highs while the price margin compared to traditional combustion vehicles narrowed. As more and more new BEV models hit the US market, the number of used versions has seen a significant increase. Florida joined the 4%+ threshold, as 5.2%

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The Truth About Cars

MARCH 8, 2024

4 range, it remains the only European EV that qualifies for federal tax credits in the United States. VW started building the SUV in Tennessee and sources batteries from SK On, giving the vehicle full access to the $7,500 credit. The new model is also expected to qualify. 4 one of the most affordable EVs on sale today.

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Teslarati

AUGUST 4, 2021

Nissan’s 2022 LEAF has established itself as the most affordable electric vehicle in the U.S. The base LEAF S has an unbelievably low starting price of just $27,400 before incentives, with federal tax credits potentially bringing the cost of the vehicle down to the sub-$20,000 level. Credit: Nissan.

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Teslarati

AUGUST 5, 2022

4 will be the third most affordable electric vehicle offering in the United States, but the German automaker will nerf performance to reach the price point. VW now realizes just how competitive the electric SUV space has become, and the company hopes to become more competitive with a recent price cut in the U.S.

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The Truth About Cars

APRIL 23, 2024

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. Image: Rivian] Become a& TTAC& insider.

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Baua Electric

MARCH 13, 2024

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The partnership could include a new EV platform. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 15, 2024

Honda built its original reputation around affordable small cars like its Civic. It might take a technology breakthrough, like solid-state battery tech, before Honda sees a small, affordable car as making sense—late in the decade. Yet decades on, segueing into an era of EVs, it has no battery-electric equivalent to the Civic.

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Baua Electric

MARCH 10, 2024

Which affordable EV regained its EV tax credit eligibility this week? GM confirmed Friday a huge price cut for the 2024 Chevrolet Blazer EV , as it resumed deliveries on the model. 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.

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