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VW ID.4 tax credit, Porsche SUV price, Model Y tops sales charts, Lucid rival: Today’s Car News

Green Car Reports

Porsche puts a price on its electric SUV. Tesla has the top-selling vehicle on the planet, it claims. Lucid teases a Model Y rival. And many VW ID.4 4 EV buyers will be able to claim the full EV tax credit. This and more, here at Green Car Reports. Volkswagen has confirmed that “most” 2023-2024 ID.4

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Porsche announces price increases after crushing earnings estimates

Teslarati

Porsche has announced a new set of price increases alongside its incredible Q1 financial report, which crushed investor expectations. Since the end of the pandemic, Porsche has seen nothing but success across the board. According to statements from the Porsche CFO, more increases are on the horizon. Porsche pulled in 10.1

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Tesla [TSLA] Still Worth More Than Toyota, Porsche, Mercedes, & Hyundai Combined

CleanTechnica EVs

Tesla’s stock price and market cap are down considerably this year, on the back of slightly drooping sales (instead of 50% growth year over year), rumors of the more affordable Tesla being canceled, and a slow Cybertruck (and Semi) ramp-up. Tesla Full Self Driving (Supervised) has improved greatly with version.

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Report: Porsche Raising Prices Across the Board

The Truth About Cars

Porsche will reportedly be raising prices between 4 and 8 percent on the European and U.S. Even so, higher-end brands appear to be doing fairly well at present, and Porsche itself noted that operating profits rose to €1.84 while raising vehicle pricing and trying to leverage connectivity into higher profits. billion ($2.03

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Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

Green Car Congress

The average price paid for a new EV increased by $313 (up 0.5%) in March 2023 compared to February 2023. New EV pricing peaked in 2022, coming down steadily since Q3 of last year. However, EV sales from Mercedes, Rivian, Lucid and other brands have increased at the same time, offsetting lower-priced Tesla products.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels. in October.

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Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

.& With this in mind, Porsche’s CFO was recently quoted as saying European combustion bans will probably need to be delayed and there’s good reason to believe him.& & As things currently stand, the European Union has plotted banning the sale of new combustion-engine cars by 2030.

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