article thumbnail

Texas reinstates incentives for electric and alternative fuel cars

Green Car Reports

After a three-year hiatus, Texas has reinstated purchase rebates for plug-in electric and other alternative-fuel vehicles. Texans who buy electric cars after Sept. 1 can get a $2,500 rebate from the state, according to a report in the Dallas Morning News, in addition to the $7,500 tax credit from the federal government.

article thumbnail

Autonomy debuts EV subscription service in Austin, TX

Teslarati

Autonomy debuted its electric vehicle subscription service in Austin, Texas, following its successful launch in California earlier in 2022 and its recent expansion into Florida and Washington. Following California and Florida, Texas is ranked third in EV registrations. In Austin, it’s almost 10%.”

Austin 98
article thumbnail

Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. The post Ford reportedly eliminates lease-to-buy option on electric vehicles appeared first on TESLARATI. If you have any comments, concerns, or questions, please email me at christine@teslarati.com.

Ford 98
article thumbnail

Tesla Model 3 price cuts puts new car cheaper than some used Model 3s

Teslarati

The Model 3 has already become cheaper to buy than ever before in the U.S. The recent price cuts enable buyers to purchase a base Model 3 for $43,990, and with the EV tax credit, that price is further reduced. Wild, Tesla has made buying a new Model 3 cheaper than buying one used. due to the recent price cuts.

Price 98
article thumbnail

Top 15 questions Tesla investors want answered during the Cyber Roundup 2022

Teslarati

What impacts will the upcoming EV tax credit for 2023 have on the demand and pricing of Tesla vehicles? Is there a point within the next 2-3 years, given the potential cash generation incoming, where you could see Tesla start buying back shares and/or issue a dividend? If yes, beyond layoffs, how is Tesla preparing for it?

Tesla 98
article thumbnail

Chevrolet Volt MSRP Starts at $41,000, $33,500 Net of Full Federal Credit; 3-year Lease Program with Option to Buy

Green Car Congress

GM will introduce the Chevrolet Volt extended range electric vehicle with a starting MSRP of $41,000; after applying the Federal income tax credit of $7,500, the price drops to $33,500. Customer deliveries are scheduled to begin in launch markets late this year, with initial production of 10,000 units for the first year.

Volt 199
article thumbnail

Tesla revives common Style 3 Lengthy Field upcoming hiatus

Baua Electric

Tesla mentioned on its web page that the Style 3 Lengthy Field is eligible for a federal tax incentive of $3,750, which is equal to the bottom Style 3. The Style 3 Efficiency is eligible for a $7,500 credit score, in step with Tesla. The iron cells would possibly qualify for part of the tax credit score because of U.S.

Tesla 52