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The Honda Prologue Gets Major Boost with Federal Tax Credit Eligibility

The Truth About Cars

The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale. Tax credits bring the Prologue’s starting price down to $41,295 after a $1,395 destination charge.

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EV Tax Credit Changes: Ford Mustang Mach-E Unlikely to Qualify in 2024

The Truth About Cars

Earlier this year, the rules around EV tax credits seemed to be changing every other week. While things have calmed down since then, we’re about to see more action on the topic, as the Treasury recently released new guidance on battery materials sourcing that will upend credits for some EVs. Image: Ford] Become a& TTAC insider.

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Jeep CEO Wants Upcoming Wagoneer S EV To Have "Perfect Quality"

The Truth About Cars

Company CEO Antonio Filosa recently outlined his vision for the SUV, saying that he wants “perfect quality” and acknowledging that the vehicle’s development hasn’t yet reached that point. “I I know that we are close, but close is not good enough,” Filosa told Automotive News. Images: Jeep] Become a TTAC insider.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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Mercedes to Move EQS SUV Production to Make Room for GLC EV in Alabama

The Truth About Cars

The automaker is eying plans to move production of the flagship EQS electric SUV to Germany to make room at its Alabama facility for a higher-volume EV. Sources told Automotive News that the automaker is clearing the way for the GLC EV, an SUV scheduled to start production in early 2026.

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Teaser: New Acura Performance Electric SUV Concept to Be Revealed At Monterey Car Week

The Truth About Cars

Buyers do not pay sales tax on NEV purchases, and people who replace gas cars with an electrified model can receive a scrappage credit. Get the latest news, features, TTAC takes, and everything else that gets to the truth about cars first by subscribing to our newsletter. Chinese brands don’t yet sell in the U.S.,

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Paris To Charge Higher Parking Fees for Large Vehicles and SUVs

The Truth About Cars

Some European capitals will ban certain types of vehicles, and others have devised taxes and fees to incentivize driving less. Electric vehicle owners will benefit from the lowest parking fees, while SUV owners will see higher chargers starting in January 2024. & [Image: Ioan Panaite via Shutterstock] Become a& TTAC insider.

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