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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. According to the J.D. Total EV market share has now reached 8.5%, nearly double the share of a year ago.

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Honda may build an EV factory in Canada featuring in-house battery cells

Teslarati

It’s also expected to help the automaker gain access to EV tax credits in the U.S. Canada has enacted a plan to ban the sale of new internal combustion engine (ICE) vehicles by 2035 , dubbed the Electric Vehicle Availability Standard, and following in the footsteps of the European Union (EU) and U.S.

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Mercedes-Benz B-Class Electric Drive priced at $41,450 for US; 85-mile range

Green Car Congress

Customers may be eligible for federal tax credits (which run up to $7,500) or state/local tax credits. The MY14 B-Class Electric Vehicle will be available beginning in mid-July to dealers in California; Connecticut; Maine; Maryland; Massachusetts; New Jersey; New York; Oregon; Rhode Island; and Vermont.

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2016 Hyundai Sonata Plug-In Hybrid coming to market with EPA-estimated 27-mile electric range; starts at $34,600

Green Car Congress

liter Nu four-cylinder GDI engine coupled with a 50 kW electric motor allows the Sonata Plug-in Hybrid to operate just like the Sonata Hybrid once the onboard battery charge is depleted. Sonata Plug-in Hybrid buyers will be eligible for a $4,919 federal tax credit. coefficient of drag ties with the Tesla Model S.

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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. For example, if the engine has not been run for a long time (i.e., 5-year/ 100,000-mile limited gasoline engine coverage.

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Ford begins roll-out of Focus Electric; electrifying the platform efficiently

Green Car Congress

The Focus Electric is powered by a 23 kWh Li-ion battery pack engineered by Ford using pouch cells from LG Chem; an advanced active liquid cooling and heating system preconditions and regulates the temperature. A federal income tax credit of $7,500 is available, as well as different state credits or rebates.

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Hyundai introduces 2018 Sonata Hybrid and Plug-in Hybrid models at Chicago Auto Show

Green Car Congress

The Sonata Plug-in Hybrid will be distributed in California, Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Vermont, but customers in any of the other states can custom order the vehicle at their local Hyundai dealer. Hybrid Powertrain. The heart of the 2018 Sonata Hybrid is a 2.0-liter

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