Green Car Congress

JANUARY 6, 2020

Fisker is pricing its new Ocean electric SUV with an MSRP of US $37,499. After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US).

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Tax Credit Fisker SUV Tax 243

Baua Electric

MARCH 7, 2024

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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Tax Credit Honda Tax SUV 52

Baua Electric

JANUARY 25, 2024

4 electric crossovers on sale now are eligible for the full $7,500 federal EV tax credit, VW confirmed Wednesday in a press release. 4 will retain the tax credit for the entirety of the 2024 calendar year. 4 models are still being sold, with a base price of $40,290, including destination, before the tax credit.

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Tax Credit Tax Tennessee General Motors 52

Baua Electric

JANUARY 26, 2024

After announcing 2024 Solterra prices and updates, Subaru made a goof on its press release. Subaru mistakenly said some 2024 Solterra owners will qualify for the $7,500 EV tax credit. Despite the upgrades, Subaru kept the starting price the same. It is, however, eligible for the credit through a leasing loophole.

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Tax Credit Tax Price Purchase 52

Teslarati

MARCH 29, 2023

Tesla published a notice on the Model 3 RWD’s configurator page, informing buyers that its EV tax credits will reduce by March 31. The Tesla Model 3 RWD will be affected by the US Treasury’s battery guidance for the Inflation Reduction Act’s (IRA) $7,500 EV tax credits.

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Tax Credit Tax Tesla United States 82

EV Life

JUNE 29, 2023

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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Tax Credit Colorado Tax Electric Vehicles 52

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.

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Tax Credit Tax Tesla Price 107

Electrek

AUGUST 25, 2022

Mercedes-Benz announced the official launch of EQS SUV production today, the first of its EQ line to be built entirely in the US. With a start of production and Mercedes’ Tuscaloosa assembly plant in Alabama, we expect to hear EQS SUV pricing soon as deliveries remain on track for later this year. appeared first on Electrek.

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Tax Credit Tax Mercedes SUV 101

Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. However, no other specifics were mentioned.

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Tax Credit Tax GM Cadillac 52

Green Car Reports

AUGUST 22, 2022

Tesla has hiked the price of Full Self-Driving. Fisker is looking for more production space for its Ocean. And the EV tax credit revamp has triggered a massive price hike in EV and PHEV lease prices. BYD is entering Europe on its own—and, perhaps, heading into Tesla battery packs.

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Fisker PHEV BYD Price 99

Green Car Reports

DECEMBER 16, 2023

Why is Ford cutting production of the F-150 Lightning in half? Where is the federal government’s charging network already up and running? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending December 15, 2023.

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Tax Credit F-150 Tax Chevrolet 124

Green Car Congress

MARCH 16, 2017

Lucid Motors, a Silicon Valley-based electric vehicle company, announced that the base version of its first vehicle, the Lucid Air luxury sedan ( earlier post ), will have a starting price of $52,500 after federal tax credits. While not finalized, pricing for a fully-optioned Lucid Air will be above $100,000.

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Tax Credit Tax Price Motor 199

Green Car Congress

MAY 3, 2023

Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)

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Standards Range Ford Price 417

EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

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Tax Credit Tax Sale Plug-in 98

Baua Electric

JANUARY 3, 2024

You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale. But you may want to act fast.

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Tax Credit Tax GM Buy 52

The Truth About Cars

MAY 4, 2023

Though their electric vehicle lines are among the most compelling new zero-emissions models, Kia and Hyundai’s EVs don’t currently qualify for federal tax credits because of where they’re built. Both are working toward bringing EV production to the U.S., Both are working toward bringing EV production to the U.S.,

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Tax Credit Kia Tax South Korea 52

Green Car Congress

APRIL 27, 2022

Ford has begun full production of F-150 Lightning electric pickup at the ultra-modern Rouge Electric Vehicle Center within Ford’s historic Rouge Complex. Ford has 200,000 reservations for the Lightning and is expanding the Rouge Electric Vehicle Center to ramp up production to a planned annual run rate of 150,000 in 2023.

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F-150 Ford Production Tax Credit 370

Electric Vehicles India

NOVEMBER 1, 2021

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . It will be located in Ludhiana in Punjab and start production by November 2022. A proposed US tax credit for new electric bicycle purchases bumped backed up to a full 30%. The bicycle market in India is valued at USD 0.9

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Tax Credit Tax Electric Electrical 79

The Truth About Cars

FEBRUARY 14, 2024

Tesla made news on several occasions last year for cutting prices on the Model 3 sedan, but the automaker appears to have reversed course with the introduction of the car’s 2024 refresh. The Model 3 is now the same cost as the Model Y, moving it away from the impressive price point it had for much of last year.

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Price Range Tax Credit Tesla 88

Teslarati

FEBRUARY 12, 2024

Rivian has cut prices on two of its entry-level vehicle configurations ahead of the automaker’s launch of its next-generation vehicle next month. After Rivian added two new range options for the R1T and R1S last week, the electric truck and SUV maker has also cut prices on some of its lineup.

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Price Tax Credit Georgia Auto Industry 121

Teslarati

FEBRUARY 10, 2023

Tesla Model Y Rear-Wheel-Drive units in China received minimal price increases of less than a percentage point this week. Tesla increased the price of the base Model Y trim level from 259,900 yuan ($38,167.27) to 261,900 ($38,460.97). percent increase in price and is relatively minimal, but still a slight uptick. It is only a 0.8

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China Price Tax Credit Tesla 98

Green Car Reports

FEBRUARY 1, 2019

Based Tesla's financial reports as well as its recent moves to restructure its model lineup and cut prices in response to a cut in federal tax credits for its buyers, there are a few things that must keep CEO Elon Musk up at night: The company.

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Tax Credit Tax Tesla Production 80

Green Car Congress

JULY 24, 2012

Ford is pricing the new C-MAX Energi—expected to offer 15 class-exclusive features, a 550-mile (885 km) total range and more than 20 miles (32 km) of electric-only range ( earlier post )—at $33,745. Its eligibility for a $3,750 federal tax credit drops that to $29,995.

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Tax Credit Plug-in Tax Ford 268

InsideEVs

SEPTEMBER 29, 2022

There's a whole lot to take in, but if it all works out as planned, we'll have more domestic EV production at more affordable prices.

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Tax Credit Tax Affordable Price 97

Teslarati

APRIL 26, 2022

Subaru has announced pricing details for the upcoming Solterra EV that it unveiled last November at the 2021 Los Angeles Auto Show. After destination fees of $1,225, which apply to each trim level, and the $7,500 tax credit, its price will be $38,720. Subaru debuts Solterra EV collab with Toyota, U.S.

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Tax Credit Price Los Angeles Tax 97

Baua Electric

MARCH 10, 2024

Which affordable EV regained its EV tax credit eligibility this week? Rivian on Thursday provided the most significant future-product preview since the debut of its R1 series trucks at the 2018 LA auto show. Rivian used the moment to pause (and delay) plans for its massive Georgia plant to get the R2 to production by early 2025.

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Dodge Tax Credit Price Tax 52

Green Car Congress

JANUARY 19, 2022

The United States currently supports renewable diesel supply through the federal Renewable Fuel Standard; a biomass-based diesel blenders tax credit; and state level policies—all contributing to numerous announcements of new projects. —from the report, “Animal, vegetable or mineral (oil)?”.

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Renewable Diesel Production Oil 243

Green Car Congress

SEPTEMBER 1, 2020

Global findings reveal more optimism for EVs—just 6% of Chinese respondents and 4% of Indian respondents will wait to buy an EV until gas-powered vehicles cease production. US respondents are most likely to buy an EV if the government offers a federal/state tax credit.

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Tax Credit Global Vehicles Tax 186

Baua Electric

FEBRUARY 27, 2024

February 26, 2024, will forever be known as Hyundai Day in the state of Georgia as the automaker gears up to begin production at its first dedicated EV and battery plant in the US later this year. Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia.

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Hyundai Tax Credit Georgia Production 52

Teslarati

OCTOBER 24, 2023

LG Energy Solution (LGES) recently announced that its battery facility in Arizona will become a key production hub for 46-series cylindrical cells in North America. However, the Korean battery supplier has decided to pivot its plans in Arizona and will instead produce 46-series cells and expand its annual production capacity to 36 GWh.

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Arizona Tax Credit Energy Tax 132

Green Car Congress

MAY 26, 2021

In its report of first quarter 2021 financial results and outlook, Lordstown Motors, a startup developing electric light duty trucks focused on the commercial fleet market ( earlier post ), said that the expected production of its Endurance full-size electric pickup in 2021 will be limited—at best 50% of prior expectations.

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Motor Motors Motoring Production 221

The Truth About Cars

OCTOBER 20, 2023

The new Gravity will be unveiled at this year’s LA Auto Show in mid-November and will enter production late next year. The Air is too expensive to qualify for government tax credits, and other automakers are closing in on its performance and range, sometimes at lower price points.

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Auto Tax Credit Production SUV 102

InsideEVs

NOVEMBER 18, 2021

The base FWD model offers 250 miles of range and a $29,999 starting price after tax credits.

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Tax Credit Fisker Global SUV 127

Baua Electric

APRIL 22, 2024

Kia and Genesis are two of the latest to slash EV prices with generous deals. 2024 Kia EV9 (Source: Kia) Although Kia expects the EV9 will qualify for the $7,500 federal EV tax credit, it may not be until next year. Kia is shipping the EV9 from Korea until production begins (expected next month) at its West Point, GA, plant.

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Kia Price Tax Credit Lexus 52

Teslarati

OCTOBER 12, 2023

However, the company just slashed leasing prices for the Model 3 and Model Y , its two most popular vehicles, making it as affordable as ever to lease one of the cars with a 36-month term. These prices do not include potential savings from gas and maintenance. percent decrease in pricing from August to September and a 24.7

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Affordable Tax Credit Tesla Tax 138

Teslarati

JANUARY 17, 2023

Tesla ( NASDAQ: TSLA ) pushed huge price cuts on its vehicles in both the United States and China within the past few weeks, but the automaker’s decision is hitting the stock in one way and its outlook in another. After the Austin-based automaker slashed prices by as much as $13,000 in the United States and 13.5

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Price United States Tax Credit China 120

Baua Electric

APRIL 25, 2024

Production is expected to begin in 2028. Honda also invested $700 million to retool three Ohio plants to serve as its hub for future EV and EV battery production. The plans for a new Honda EV plant and stand-alone EV battery factory in Alliston, Ontario. The project will include four new manufacturing plants in Ontario.

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Honda Building Tax Credit Canada 52