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The Nissan Leaf is Eligible for a $3,750 Tax Credit Again

The Truth About Cars

The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. With the credit, the Leaf starts in the mid-$25,000 range, extending its lead as the cheapest EV on sale. has a free-trade agreement. Image: Nissan] Become a& TTAC insider.

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Survey: Dealers think Biden is moving too fast on EVs

Baua Electric

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. car dealers and dealership managers. The publication’s 2024 Dealer Outlook Survey compiled responses from 208 U.S.

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Tesla led the EV market closer to ICE price parity in 2023: Cox

Teslarati

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. Credit: Cox Automotive IRA EV tax credits winning over more auto dealers in 2024 What are your thoughts?

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Dealers Finally Have EV Inventory But Now Lack Buyers

The Truth About Cars

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.

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Biden rumored to announce quadrupling of tariffs on Chinese EVs, up to 100%

Baua Electric

Currently, all cars made in China are subject to a 25% tariff when imported to the US, on top of an additional 2.5% tariff that all foreign-made cars are subject to, totaling 27.5%. This large tariff has had the effect of excluding Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Tesla bull calls battery cost declines “good deflation” that could boost EV sales

Teslarati

In contrast to “good deflation,” ARK also identified an example of “bad deflation” in the auto industry, specifically in the used car market. The investment management firm noted a decline in used car prices over the past few months, indicated by the Manheim Used Vehicle Index.

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