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China and EV tax credit, EV affordability and battery materials, 2024 finalists: Today’s Car News

Green Car Reports

Fewer EVs with connections to China may soon be tax-credit-eligible. EVs still make up a tiny portion of the non-luxury market, yet a plunge in the raw materials needed for EV batteries could make them more affordable. And which of this year’s new EVs are the best? This and more, here at Green Car Reports.

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Nissan Sakura EV review, EV tax credit goes point-of-sale, battery recycling: Today’s Car News

Green Car Reports

EV battery recycling is already booming in China. EV shoppers will soon need to ask the dealership some tough questions about the tax credit. And a drive in a very small EV reminds us what America is missing about them. This and more, here at Green Car Reports. In scaling up EV sales, is smaller still better?

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Nissan Leaf EV tax credit, Hyper Touring concept, Rivian towing update: Today’s Car News

Green Car Reports

The made-in-Tennessee Nissan Leaf is eligible for the EV tax credit. Nissan electrifies the minivan around solid-state batteries. And Rivian aims to make towing more predictable. This and more, here at Green Car Reports.

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Volkswagen ID.4 with SK ON battery components eligible for full $7,500 tax credit in 2024

Teslarati

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 starts with an MSRP of $38,995 for the Standard variant, which has a 62 kWh battery and an EPA-estimated range of 209 miles. 4 with two battery and powertrain options.

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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The United States federal government has made it even easier to buy a new or used electric vehicle (EV). The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The value of the tax credit allowed and any other purchase incentives.

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Tesla starts applying EV tax credit at time of purchase

Baua Electric

Fewer Tesla EVs now qualify for the $7,500 federal EV tax credit, but for those that do, Tesla is now applying the credit at the time of purchase. The automaker’s website now says that eligible buyers will have the full $7,500 credit applied when they purchase their vehicles. Tesla started warning customers in Dec.

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Hyundai says its first EV plant will open this year to gain the $7,500 tax credit

Electrek

The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October. According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit.