article thumbnail

Hyundai delivers first 2019 NEXO fuel cell SUV to US customer

Green Car Congress

The first year of maintenance is free of charge and customers are eligible for a tax credit (subject to individual tax circumstances) from the state of California for up to $5,000. NEXO can be leased for $399 (Blue model) or $449 (Limited model) for 36 months and can be purchased for $58,300.

SUV 390
article thumbnail

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. billion through 2019. billion through 2019. Source: CBO. Click to enlarge.

article thumbnail

Tesla is the most preferable brand for prospective EV buyers

Teslarati

per gallon of normal retail gasoline in 2019. The government’s tax credit program for electric vehicle purchases has offered consumers yet another reason to consider EVs. Toyota is set to be the next automaker to be disqualified from offering the $7,500 electric vehicle tax credit.

article thumbnail

Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

In 2019, the sales of electric vehicles totaled 1.1 Contrary to popular opinion, electric cars can perform better than gasoline-powered vehicles. You can now purchase an electric vehicle at a fair price due to the existing tax credits. State and local tax credits and incentives can help reduce the price further.

article thumbnail

How EV Charging Boosts Your Workplace Benefits Package

Blink Charging

Between the fourth quarter of 2019 and the first quarter of 2021, Statista writes that the number of workplace EV chargers in the United States grew by 28%. EV drivers can save thousands of dollars on fuel and maintenance costs and now qualify for a $4000 used EV tax credit or a $7500 new EV tax credit.

article thumbnail

How EV Charging Boosts Your Workplace Benefits Package

Blink Charging

Between the fourth quarter of 2019 and the first quarter of 2021, Statista writes that the number of workplace EV chargers in the United States grew by 28%. EV drivers can save thousands of dollars on fuel and maintenance costs and now qualify for a $4000 used EV tax credit or a $7500 new EV tax credit.

article thumbnail

News: 2023 Chevrolet Bolt EV/EUV Get Big Price Drop

Clean Fleet Report

The intention is to make the company’s two electric car offerings more attractive to consumers, especially those that are looking for an affordable alternative to a gasoline-powered car. Chevrolet announced this week that its 2023 Bolt EV and Bolt EUV are going to get major drops in price. Same car, less cost. Bolt EV $26,595 ($32,495).