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Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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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. . Don’t hesitate to contact us with news tips.

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GM hints at an affordable Chevy Camaro EV: A $35,000 real electric pony car?

Baua Electric

The news came after a source from within GM’s Tech Center told them that the Corvette nameplate was due for the same treatment. Among the considerations were a 2+2 coupe, convertible, and two- and four-door SUVs. He hinted it could be priced around $35,000, similar to the new Chevy Equinox EV.

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

Baua Electric

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). Like the IONIQ 6, Tesla’s Model 3 is no longer eligible for the IRA tax credit.

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

Teslarati

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. The vehicle will now have a starting price of $37,495 instead of $39,995 and, with federal tax credits, will be just under a $30,000 vehicle at the base model.

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Was the Jeep Wrangler 4xe 2021’s 3rd Highest-Selling EV in the US?

EV Adoption

I say apparently as a PR person with Stellantis, the parent company of Jeep, stated the following to me in a January 18 email: I can tell you that it is true, we were the best selling plug-in hybrid SUV last year in the US. Rick Deneau, Stellantis.

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Flash Drive: 2024 Acura ZDX Type S

Clean Fleet Report

The Fastest Acura SUV Ever Built The all-new 2024 ZDX is the first electric Acura and, as Quincy Tam, Acura product planner, says, it is “for their customers that are ready to take that next step into electrification.” In addition, we are often invited to manufacturer events highlighting new vehicles or technology.

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