Comparison Price SUV Tax Credit 
Teslarati
FEBRUARY 7, 2023
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.
Teslarati
JANUARY 2, 2023
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. . However, a number of gas-powered hybrids actually do. — Elon Musk (@elonmusk) January 1, 2023.
Blink Charging
JANUARY 19, 2024
Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.
Baua Electric
JANUARY 12, 2024
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).
Teslarati
AUGUST 5, 2022
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.
Clean Fleet Report
MAY 2, 2024
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.” 313 AER A-Spec All-Wheel Drive (AWD) 490 hp 437 lb.-ft. torque 304 AER Type S AWD 500 hp 544 lb.-ft. Hyundai Ioniq 5 N at 3.1
EV Match
DECEMBER 22, 2020
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.
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