article thumbnail

Volvo C40 Recharge EV coming to US with $58,750 MSRP

Green Car Congress

The Volvo C40 Recharge pure electric will start at an MSRP of $58,750 in the United States before tax credits. This newest addition to the Volvo electric line-up has all the benefits of an SUV but with a lower and sleeker design. This will enable drivers to charge at discounted rates of $0.31/min,

Recharge 259
article thumbnail

Volvo XC40 Recharge arrives in early 2021, starts at $54,895

Green Car Reports

Volvo on Wednesday announced United States pricing for the XC40 Recharge electric crossover—its first mass-market electric car.

Recharge 104
article thumbnail

Confused about the federal tax credit? 

Electric Auto Association

Know which EVs are eligible Chrysler Pacifica Plug-in Hybrid The Inflation Reduction Act of 2022 changed the rules for the US tax credit for electric vehicles (EV) purchased from 2023 to 2032. Sign up for our newsletter. Email Address Sign Up We respect your privacy. Thank you!

article thumbnail

Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

In the US, demand for new energy vehicles is set to increase as the newly passed “Inflation Reduction Act” extends tax breaks for new electric vehicle purchases—although eligibility for the tax break will be determined by the sourcing of critical materials, including lithium. Earlier post.). Source: Statista.

Carbon 483
article thumbnail

Washington state legislature passes law establishing setting MY2030 target for 100% electric new LDV sales

Green Car Congress

The Washington State legislature has passed legislation that sets a target for all MY2030 or later passenger and light-duty vehicles sold in Washington State to be electric vehicles. The new law establishes the most aggressive such state goal in the US—five years ahead of California’s 2035 target.

article thumbnail

Washington state legislature considering bill mandating all-electric LDVs after MY 2030

Green Car Congress

The bill, HB 1204 / SB 5256 , requires all model year 2030 or later passenger and light-duty vehicles sold in Washington State to be electric. Electric vehicles are defined as “vehicles that use energy stored in rechargeable battery packs or in hydrogen that rely solely on electric motors for propulsion.”.

article thumbnail

Subaru mistakenly says 2024 Solterra owners are eligible for the $7,500 EV tax credit

Baua Electric

Subaru mistakenly said some 2024 Solterra owners will qualify for the $7,500 EV tax credit. Subaru “owners” are not eligible for $7,500 EV tax credit Subaru introduced the 2024 Solterra electric SUV yesterday with new upgrades, including faster charging and more. But there’s one (major) issue – It’s not built in the US.