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The Honda Prologue Gets Major Boost with Federal Tax Credit Eligibility

The Truth About Cars

Honda leaned on General Motors to help get its EV program off the ground here in the U.S., The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale.

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2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

Baua Electric

The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000.

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Honda joins EV race with historic $11B investment to build 240K EVs a year

Baua Electric

Honda is finally joining the EV race after announcing a massive $11 billion (CAD$15 billion) investment to build four new EV plants in Canada. The historic investment will be used to build Canada’s first EV supply chain, enabling 240,000 Honda EVs to be made for the US and Canada annually. Production is expected to begin in 2028.

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10 EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, Model Y, more

Electrek

There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. The list now includes ten models with factory offers that rival lease terms on low-priced ICE vehicles such as the Toyota Camry LE, Chevy Equinox LT, and Honda HR-V LX.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

Honda Space-Hub Concept – 2024 CES Honda may be a late-starter with mass-production EVs, but as communicated last week with the Saloon and Space-Hub concepts and by company executives, it has big plans for later in the decade—including multiple platforms underpinning a unified Series 0 architecture. sales in calendar year 2023.

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Honda Clarity Electric in California and Oregon dealerships; $269/mo

Green Car Congress

The 2017 Honda Clarity Electric sedan arrived at the beginning of August in select dealerships in California and Oregon. With an introductory lease price of $269 (plus tax) a month for 36 months, the lease terms include an allowance of 20,000 miles per year and 24/7 roadside assistance. Earlier post.).

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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. Sources at Nissan said the automaker may discuss joint battery and vehicle development with Honda. Meanwhile, Honda’s first electric SUV, the 2024 Honda Prologue , will start at $47,400 in the US.

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