Electrek
APRIL 21, 2021
Americans are getting closer to a federal tax credit for electric bicycles, a proposal that could be similar in concept to the electric car and motorcycle tax incentives already on the books.
Green Car Congress
JANUARY 12, 2023
New-vehicle inventory levels are increasing from historic lows earlier in 2022, but prices remain elevated, according to data released today by Kelley Blue Book, a Cox Automotive company. The average new EV sold for $61,448, according to Kelley Blue Book estimates, still well above the industry average. —Rebecca Rydzewski.
Teslarati
FEBRUARY 23, 2023
Tesla’s entry-level vehicle, the Model 3 RWD, is now priced below the average cost of a new car in the United States. With Tesla’s price reduction efforts this year, vehicles like the base Model 3 have become cheaper than some new combustion-powered cars. At the same time, combustion-powered cars are getting more expensive.
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.
Teslarati
FEBRUARY 9, 2023
New data from Kelley Blue Book shows consideration for Tesla vehicles dropped from 12 to 9 percent in Q4 compared to Q3, but it doesn’t mean all that much, considering the company is selling cars well beyond its manufacturing capabilities.
EV Adoption
JUNE 21, 2022
Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates.
Teslarati
JUNE 10, 2022
According to Kelley Blue Book , 25% of new car buyers considered an EV in January, February, and March 2022. Several factors have driven new-car buyers toward electrified vehicles, one of which is the rise in gas prices. Toyota will join Tesla, GM in losing EV tax credit after it reaches sales cap.
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