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Tesla supporters protest after IRA incentives shun popular BEVs, support hybrids

Teslarati

Based on the list of vehicles that qualify for IRA’s $7,500 tax credit, popular battery-electric cars like some variants of the Tesla Model Y and the Ford Mustang Mach-E will not be getting any incentives from the IRA at all. . Credit: US Department of Energy. However, a number of gas-powered hybrids actually do.

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Hyundai undercuts Tesla Model 3 by $9,300 with 2024 IONIQ 6 special cash offer

Baua Electric

2024 Hyundai IONIQ 6 offer drastically lowers prices According to Hyundai’s website, all 2024 IONIQ 6 trims are eligible for a $7,500 Retail Bonus Cash offer. It’s essentially like receiving the full EV tax credit with a new purchase. In comparison, the new Tesla Model 3 Highland starts at $40,380 (including destination).

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Volkswagen ID.4 becomes Top 3 most affordable U.S. EV, but there’s a catch

Teslarati

4 will be the third most affordable electric vehicle offering in the United States, but the German automaker will nerf performance to reach the price point. VW now realizes just how competitive the electric SUV space has become, and the company hopes to become more competitive with a recent price cut in the U.S. Volkswagen’s ID.4

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Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

Loveland leased two LEAFs, benefitting from Nissan’s municipal lease program, which allows the federal tax credit of $7,500 per vehicle to be incorporated directly into the lease price (public agencies are not typically able to take advantage of the federal tax credit for purchase of an electric vehicle ).

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US DOE launches cost calculator to compare emissions and operating costs for alternative fuel and conventional vehicles

Green Car Congress

With the new calculator, which was developed by DOE’s National Renewable Energy Laboratory (NREL), car shoppers, small business owners, and fleet managers can make side-by-side comparisons between thousands of conventional, electric drive, and alternative fuel vehicles from model year 1996 and newer.

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Electric vehicles are inflation relief

Electric Auto Association

has been experiencing severe inflation and high gas prices. Inflation is also translating into higher prices for investments, commodities, and particularly transportation. EV’s may be the answer Electric vehicles (EVs) are becoming increasingly popular as gas prices continue to rise. It's no secret that the U.S.

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3 Reasons an Electric Vehicle is the Perfect Present

EV Match

While EVs typically carry a higher initial price tag, they’re on average cheaper to fuel and maintain (no oil changes, head gaskets, timing belts, or spark plugs needed). Car and Driver ‘s comparison did factor in the $7,500 federal tax credit, but it didn’t consider state, utility, and local credits and incentives.