Teslarati

JANUARY 30, 2024

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?

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Fuel Tax Tax Europe Gas 107

Teslarati

OCTOBER 12, 2023

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. EV sales continue to increase as well, as the EV supply sits at 97 days at the beginning of October. At last check, we had 15 new EV models for sale that were not available a year earlier.

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Affordable Price Market Tesla 125

The Truth About Cars

APRIL 16, 2024

In fact, Kia’s CEO said the company was pushing forward with plans to release an affordable electric car called the EV3. Ho Sung Song said that the car, based on the EV3 Concept, would go on sale before the end of 2024. That, and the brand needs an entry-level model to push buyers higher in the lineup over time.

Kia 59

Kia Affordable South Korea Tax Credit 59

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). In this part 2 article, we’ll dive deeply into the elimination of the per manufacturer 200,000 EVs sold phaseout.

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Tax Credit Tax Manufacturer Parts 111

Baua Electric

JANUARY 20, 2024

Set to arrive in summer 2024, the 2025 Honda Civic Hybrid will be much more than a niche model, with the automaker anticipating 40% of Civic sales will be hybrids. sales in calendar year 2023. Two automakers this past week, both known for affordable gasoline cars, dashed hopes of seeing more affordable EVs anytime soon.

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Affordable Honda Hyundai Toyota 96

Teslarati

FEBRUARY 28, 2024

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. Hyundai Motor Group was second in EV sales last year thanks to its Hyundai and KIA brands. The post Hyundai Metaplant America to boost its EV sales in the US appeared first on TESLARATI.

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Hyundai America Sale Georgia 112

The Truth About Cars

JANUARY 30, 2024

4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. 4, which start at a base MSRP of $38,995 before the tax credit, a more budget-friendly option in the electric SUV segment. that qualifies for the full Federal Tax credit. Sales Performance and Impact of the ID.4

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Tax Credit Tax EPA Tennessee 52

Teslarati

MARCH 9, 2024

In December, Chevy issued a stop-sale order on the Blazer EV , due to software issues relating to the vehicle’s infotainment system and DC fast-charging capabilities. 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.

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Price Sale GM Chevrolet 112

Teslarati

JANUARY 8, 2024

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Based on sales data from S&P Global, Hyundai Motor Group is behind big names in the global auto market, including Toyota, Ford, and General Motors.

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Kia Hyundai Sale Tesla 115

Baua Electric

APRIL 26, 2024

Speaking to media post FY-24 earnings, the top management stated that HQ Suzuki is working on an affordable hybrid solution for the compact cars and it will seriously consider the more expensive plug-in hybrid technology for the future. Bhargava did not share any specific timelines for the affordable hybrids.

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Suzuki Affordable Plug-in Hybrid 52

Blink Charging

NOVEMBER 16, 2023

To encourage clean and energy-efficient vehicle adoption, the United States government has made significant changes to the Clean Vehicle tax credit, to take effect from January 1, 2024. These changes make it easier for drivers to access tax credits when purchasing clean vehicles. What Is the Clean Vehicle Tax Credit?

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Tax Credit Tax Clean Cleaning 52

Clean Fleet Report

DECEMBER 27, 2021

Rebates & Tax Credits Don’t Help Most Americans. Even though there are generous EV tax credits, rebates from states and utilities, and other incentives that can save drivers $10,000 or more per EV, most people aren’t aware these programs even exist. Put all together, the customer saves up to $200 a month.

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Affordable Tax Credit Tax Climate 81

Baua Electric

MARCH 6, 2024

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Affordable electric cars are coming Kia has already revamped the brand as the industry transitions to electric with a new logo and design. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

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Thailand Kia Affordable BYD 52

Teslarati

JULY 23, 2021

Tesla is seeking lower import taxes on electric vehicles in India by writing to the country’s government ministries. Tesla has been working for several years to enter India for electric vehicle sales. This would impose a 100% tax on all of its vehicles, except for this configuration. Don’t hesitate to contact us with tips!

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Tax India Tesla IDEA 131

EV Central

APRIL 16, 2024

That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association. EV sales grew more than 13 per cent in March, which was substantially faster than petrol, diesel and hybrid vehicles. Sales of EVs grew by an impressive 13.1

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Australia Market Sale Tesla 92

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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Tax Credit Tax Tesla Price 102

Electric Vehicles India

OCTOBER 21, 2021

Tesla requests PM Modi to cut import taxes on electric vehicles . Tesla Inc urged the Prime Minister’s Office to cut down the import taxes on electric vehicles before it enters the market. Tesla wants to start selling imported cars in India this year but it says taxes in India is very high among the highest in the world.

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Tax Electric Vehicles India Tesla 82

The Truth About Cars

FEBRUARY 12, 2024

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. Tesla also lists the post-tax credit prices, which can be applied at the point of sale starting this year.

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Price Tax Credit Tesla Tax 111

Teslarati

JANUARY 3, 2023

Hyundai has announced that it aims to grow auto sales by 10% this year alone. It is now a leader in affordable offerings and electric vehicles, along with the likes of Ford. Following this success, the Korean automotive group has set the ambitious goal of growing its vehicle sales by 10% in 2023.

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Hyundai Sale United States Affordable 98

Baua Electric

JANUARY 31, 2024

EV sales will reach 8.0% The market share of EVs won’t increase dramatically over the previous month, as automakers, dealers, and consumers digest new federal tax credit rules brought on by the Inflation Reduction Act (IRA) that went into effect with the start of the year, analysts anticipated. The sales trends in both the U.S.

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Market Sale Vehicles Tax Credit 52

Baua Electric

FEBRUARY 2, 2024

Dealers are particularly concerned about proposed EPA emissions rules for model years 2027 to 2032 which that agency has said could lead to up to 67% EV sales, according to Automotive News. Dealers pointed to how few vehicles qualify in 2024 , due to sourcing rules, as making the tax credit less important for driving EV sales.

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Dealers Tax Credit Tax Mazda 97

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. Even the more expensive configurations are more affordable than many competitive EVs, but it’s important to note that VW hasn’t released 2024 pricing yet. 4 one of the most affordable EVs on sale today.

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Tax Credit Tennessee Tax Affordable 105

Teslarati

AUGUST 2, 2021

Attempting to enter the Indian automotive market with its sustainable vehicles, Tesla has petitioned for lower import taxes before committing to a Gigafactory in India. EVs accounted for less than 1% of annual car sales, despite being Asia’s third-largest country. Chairman R.C. Import Duties are Getting in the Way.

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India Tax Tesla Suzuki 139

Teslarati

FEBRUARY 5, 2024

The Model 3 sedan and Model Y crossover comprise the lion’s share of Tesla’s global sales. And while the Model Y has overtaken the Model 3 in raw sales over the years, the all-electric sedan is still a notable presence in the market. That is, at least, unless one takes into account federal tax credits in the United States.

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Tax Credit Price Motor Motors 125

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.

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Gas Tundra F-150 2018 110

Green Car Congress

MAY 14, 2021

Transportation is our state’s greatest source of carbon emissions and we cannot afford to link an important goal like getting to 100% zero-emission vehicles to a separate policy that will take time to design and implement.

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Washington All-Electric Sale Clean 199

Push EVs

JANUARY 5, 2023

The freak volume in December 2022 resulted from one-off pull-forward effects ahead of new policies and auto taxes applying from 2023 onwards. BEVs saw pull-forward sales, with volume around 2.5x their previous monthly record, ahead of new weight taxes, and VAT taxes. Pull forward ahead of tax changes.

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Norway Sale Tax Petrol 59

Green Car Congress

JANUARY 18, 2023

Affordability. This factor measures the total cost of ownership of an EV compared with the ICE segment average (after tax credits, rebates, incentives, operating costs and residual values—for both purchase and lease transactions).

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Power Powered Gas Vehicles 199

The Truth About Cars

APRIL 5, 2024

Despite it only having been on sale for one year, the automaker is already offering discounts on the new 2024 model, cutting $10,000 off the top for lease clients in New York. The Tesla Model Y, the best-selling EV in the world, is now more affordable than ever as the automaker looks to clear existing inventory with deep discounts.

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New York Toyota Tax Credit General Motors 104

Teslarati

JANUARY 10, 2022

This effectively made it the 2nd-best-selling car in Germany, only behind the much smaller and much more affordable Volkswagen e-up!, The results of Germany’s vehicle sales in December 2021 bodes very well for the electric car revolution as a whole. which sold a total of 6,742 units in December 2021. is a small city car.

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Sale Tesla Germany Vehicles 145

Green Car Congress

AUGUST 6, 2023

Designed to be the future of clean and affordable mobility for a global mass market, PEAR is available in four trim levels, priced starting at $29,900, and scheduled to be available in mid-2025. Q2 2023 was Fisker’s first quarter with automotive sales revenue. Q2 results. First vehicles delivered achieved a 7.5%

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Alaska Fisker Carbon Fiber Convert 354

CN EV Post

APRIL 17, 2023

Unfortunately these prices are not normalized to eliminate sales tax/VAT evenly. For example, the US prices are w/o sales tax/VAT. But, if the point is overall affordability, then clearly the Chinese prices are quite competitive.

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Price Tax Chinese Affordable 53

The Truth About Cars

AUGUST 23, 2023

Mitsubishi recently announced that it would discontinue the Mirage, removing one of America’s few remaining affordable new cars. Hyundai cut the Rio’s corporate counterpart, the Accent, after 2022, and sales of the subcompact have been slow for a while. Though disappointing, the move isn’t a surprise.

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Kia South Korea Tax Credit Affordable 97

Baua Electric

MARCH 20, 2024

Some years ago, the government set a goal of 100% electric sales by 2025, and that goal is well within sight. Battery EVs took a 90% share, as recent tax changes make PHEVs less appealing. Its sales were about equal to those of the next 7 models combined. The days of ICE vehicles in Norway are numbered. year-on-year.

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Norway Market Auto Cheap 52

Teslarati

OCTOBER 24, 2023

. “In response to constantly evolving and diversified market needs, we will secure differentiated production competitiveness across all segments, ranging from premium and mainstream to affordable,” said Youngsoo Kwon, CEO of LG Energy Solution. Without IRA Tax credits, LGES’ operating profit would be KRW 515.7

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Arizona Tax Credit Energy Tax 119

Teslarati

JANUARY 7, 2024

It’s also expected to help the automaker gain access to EV tax credits in the U.S. Canada has enacted a plan to ban the sale of new internal combustion engine (ICE) vehicles by 2035 , dubbed the Electric Vehicle Availability Standard, and following in the footsteps of the European Union (EU) and U.S.

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Canada Honda Building Electric Motorcycles 117

Green Car Congress

APRIL 1, 2021

Giving consumers point of sale rebates and tax incentives to buy American-made EVs, while ensuring that these vehicles are affordable for all families and manufactured by workers with good jobs.

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Climate Clean Cleaning Congress 268