Green Car Congress
JULY 9, 2022
A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. —Roberson and Helveston (2022).
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. Chart Source: EV Volumes.
Green Car Reports
DECEMBER 17, 2018
If you happen to be in California, rejoice; the 2019 Hyundai Kona Electric will arrive at dealerships in January, at just $37,495. That brings the effective total to $29,995 for the Kona Electric, provided you have enough taxable income to receive the full the federal electric vehicle tax credit.
Teslarati
JANUARY 14, 2023
The Tesla Model 3 price cuts have put the cost of a new base Tesla Model 3 lower than that of some used Tesla Model 3s in some cities. due to the recent price cuts. The recent price cuts enable buyers to purchase a base Model 3 for $43,990, and with the EV tax credit, that price is further reduced.
Green Car Congress
JANUARY 12, 2023
The average transaction price (ATP) of a new vehicle in the US hit a record high in December at $49,507—an increase of 1.9% ($927) from November and up 4.9% ($2,297) from year-earlier levels. However, the average price paid for a new EV decreased in December by $3,594 (down 5.5%) compared to November and ended the year lower by 0.6%.
Green Car Reports
MARCH 26, 2019
If more power, a 226-mile range, and a $39,405 base price—before considering the full $7,500 federal EV tax credit you can still get—collectively seems like the sweet spot for the Leaf, you probably have GM to thank.
Clean Fleet Report
JUNE 4, 2022
Significant Price Reduction Repositions Entry-Level EV. Chevrolet announced this week that its 2023 Bolt EV and Bolt EUV are going to get major drops in price. The new 2023 pricing (2022 pricing in parenthesis) includes the mandatory $995 destination fee. Same car, less cost. Same car, less cost. But it is more than that.
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