Teslarati

NOVEMBER 29, 2023

One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. In March, the United States Department of Treasury published the battery sourcing guidance, which automakers must comply with to reap the tax credits from the IRA.

Tax Credit 87

Tax Credit Tax United States North America 87

Teslarati

APRIL 7, 2023

The Tesla Model 3 RWD, the most affordable vehicle in the company’s lineup, will see its federal tax credit reduced from $7,500 to $3,750, as confirmed by an update on Tesla’s official Model 3 page. The reduction in the federal tax credit for the Model 3 RWD will take effect on April 18.

Tax Credit 108

Tax Credit Tax Tesla United States 108

The Truth About Cars

JANUARY 30, 2024

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. 4 models is conditional on future battery production and may be subject to change. 4 The 2023 ID.4

Tax Credit 52

Tax Credit Tax EPA Tennessee 52

Baua Electric

JANUARY 17, 2024

Toyota pushes back about the viability of affordable EVs. And Tesla buyers can now get the $7,500 EV tax credit up front—if they qualify. Tesla has started applying the EV tax credit at the time of purchase —via its own website and affecting the up-front amount buyers will need to pay when buying a new Tesla.

Affordable 98

Affordable Toyota Tax Credit Tesla 98

Baua Electric

MARCH 8, 2024

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. The electric SUV also regained the full $7,500 EV tax credit after adjusting its battery supplier. Tesla’s Model Y starts at $36,490 after the EV tax credit.

Tax Credit 52

Tax Credit Tax Price Sale 52

Green Car Reports

MARCH 10, 2024

Which major battery supplier has 9-minute-charging solid-state cells and a 20-year EV battery in its sights? Which affordable EV regained its EV tax credit eligibility this week? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending March 9, 2024.

Tax Credit 141

Tax Credit Dodge Tax Green Cars 141

Baua Electric

FEBRUARY 9, 2024

The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October. According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. Munoz said EVs produced at the new plant will qualify for the tax credit.

Tax Credit 52

Tax Credit Hyundai Tax Kia 52

EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

Tax Credit 111

Tax Credit Tax Manufacturer Parts 111

EV Specifications

APRIL 19, 2023

4 models that are placed in service this year will be eligible for the full $7,500 Federal Tax Credit, making it not only extremely affordable, but competitive with conventional compact SUVs. Volkswagen is pleased to announce that all MY23 ID.4

Tax Credit 71

Tax Credit Tax Affordable SUV 71

Green Car Congress

MARCH 30, 2023

The trend is consistent with steady growth in availability and affordability. Overall affordability has also improved by a similar margin, rising to 85.6 Overall affordability has also improved by a similar margin, rising to 85.6 Power EV Index score for availability climbed sharply to 39.4 (on in January. in January.

Price 404

Price Power Powered Tax Credit 404

InsideEVs

DECEMBER 13, 2023

Tesla’s most affordable EV takes a hit because of its Chinese-sourced batteries.

Tax Credit 130

Tax Credit Tax Chinese Affordable 130

Baua Electric

JANUARY 15, 2024

Honda built its original reputation around affordable small cars like its Civic. Yet decades on, segueing into an era of EVs, it has no battery-electric equivalent to the Civic. It might take a technology breakthrough, like solid-state battery tech, before Honda sees a small, affordable car as making sense—late in the decade.

Affordable 52

Affordable Honda Acura Batteries 52

Green Car Congress

MAY 13, 2023

However, the series of bills do not address the main obstacle to producing primary aluminum: access to ample supplies of affordable energy, the report says. DPA supports the domestic production of strategic materials, including aluminum, used in large-capacity batteries used in EVs and military systems.

Production 225

Production Tax Credit Tax Electric 225

Baua Electric

JANUARY 20, 2024

Two automakers this past week, both known for affordable gasoline cars, dashed hopes of seeing more affordable EVs anytime soon. Toyota also dismisses the viability of an affordable EV —in this case, specific to the European market. 2023 Tesla Model Y – Courtesy of Tesla, Inc.

Affordable 96

Affordable Honda Hyundai Toyota 96

Green Car Congress

FEBRUARY 4, 2023

Since 2016, the Government of Canada has invested $1 billion to make EVs more affordable and chargers more accessible for Canadians and has approved funding to support the installation of more than 34,500 EV chargers to date.

Canada 304

Canada Tax Credit Clean Cleaning 304

The Truth About Cars

DECEMBER 28, 2023

Today, most EVs use lithium-ion batteries, just like the phone in your pocket. While the battery chemistry is well-known and thoroughly tested at this point in time, the setup has weaknesses that could be addressed by alternative designs.

Sodium 99

Sodium Chinese Battery Powered Lithium Ion 99

The Truth About Cars

MARCH 8, 2024

4 rolls into the new year with the same battery and powertrain options it had before, but tech improvements should help it remain competitive. There’s also a new drive motor for models equipped with the larger 82 kWh battery pack. 4 range, it remains the only European EV that qualifies for federal tax credits in the United States.

Tax Credit 95

Tax Credit Tennessee Tax Affordable 95

Teslarati

AUGUST 4, 2021

Nissan’s 2022 LEAF has established itself as the most affordable electric vehicle in the U.S. The base LEAF S has an unbelievably low starting price of just $27,400 before incentives, with federal tax credits potentially bringing the cost of the vehicle down to the sub-$20,000 level. Credit: Nissan.

Affordable 109

Affordable Nissan Tax Credit Tax 109

Green Car Congress

APRIL 8, 2022

billion) in funding to make zero-emission vehicles more affordable and to build a national network of charging stations. These investments will contribute to the development of a domestic zero-emissions vehicle value chain, including batteries, permanent magnets, and other electric vehicle components. Among its measures is up to C$3.8

Canada 468

Canada Tax Credit Nickel Lithium Tax 468

Teslarati

JANUARY 7, 2024

Japanese automaker Honda is considering locations to build an electric vehicle (EV) factory in Canada featuring the use of in-house battery cells. It’s also expected to help the automaker gain access to EV tax credits in the U.S. “Each company remains committed to affordability in the EV market.” .

Canada 112

Canada Honda Building Electric Motorcycles 112

Teslarati

FEBRUARY 9, 2024

When you hear folks bemoaning the lack of affordable, state-of-the-art electric vehicles, do them a favor and point to the Volkswagen ID.4, 4 with SK ON battery components eligible for full $7,500 tax credit in 2024 The 2023 and 2024 ID.4 Volkswagen ID.4 Volkswagen ID.4 The German automaker highlighted that the ID.4’s

Tax Credit 110

Tax Credit Davis Tax SUV 110

Baua Electric

APRIL 1, 2024

battery-supply deal with China’s CATL, Car News China reports. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. car manufacturing.”

GM 52

GM Ford Batteries Battery 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.

Arizona 109

Arizona Tax Credit Energy Tax 109

Teslarati

JUNE 5, 2023

Tesla battery supplier Panasonic is accelerating plans to increase battery cell production at Gigafactory Nevada. Increasing battery production at Giga Nevada would likely help Tesla increase its vehicle production capacity and benefit from the Inflation Reduction Act’s (IRA) electric vehicle (EV) tax credits.

Nevada 94

Nevada Kansas Batteries Battery 94

Baua Electric

FEBRUARY 8, 2024

General Motors has hired former Tesla battery-development boss Kurt Kelty as its new vice president of batteries. “For more than 30 years, I’ve been focused on helping develop and commercialize battery technologies that will aid in the transition to electric transportation,” Kelty said in a statement.

GM 52

GM Batteries Battery Tesla 52

Baua Electric

MARCH 28, 2024

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. The plans could include a new joint North American plant to produce the new batteries. GM is ramping up production of its Ultium-based models after it “turned the corner” at its battery factory in Detroit.

GM 52

GM Batteries Battery North America 52

EV Life

JUNE 8, 2023

Like their electric car cousins, all-electric SUVs have come a long way—batteries have evolved to increase range and improve performance, new motors are providing impressive torque and towing capabilities, and prices have come down to make options more affordable, making these SUVs some of the most attractive sport utility options out there.

SUV 52

SUV Tax Credit Market Tax 52

Green Car Congress

JANUARY 18, 2023

Affordability. This factor measures the total cost of ownership of an EV compared with the ICE segment average (after tax credits, rebates, incentives, operating costs and residual values—for both purchase and lease transactions).

Power 199

Power Powered Gas Vehicles 199

Baua Electric

MARCH 10, 2024

Which major battery supplier has 9-minute-charging solid-state cells and a 20-year EV battery in its sights? Which affordable EV regained its EV tax credit eligibility this week? With the price cut, the Blazer EV will cost $50,195, or just $42,695 to households who can take advantage of the $7,500 tax credit.

Dodge 52

Dodge Tax Credit Price Tax 52

Clean Fleet Report

JUNE 15, 2021

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Tesla’s Model 3 paved the way to powerful, affordable EVs. Electric Vehicles are Affordable. You can now purchase an electric vehicle at a fair price due to the existing tax credits.

Tax Credit 100

Tax Credit Maintenance Affordable Tax 100

Green Car Congress

MAY 20, 2021

Ford unveiled the F-150 Lightning battery-electric pickup. F-150 Lightning offers a standard-range battery targeting 230 miles of EPA-estimated range and an extended-range battery targeting 300 miles of EPA-estimated range. Once power is restored, the truck automatically reverts to charging its battery.

F-150 526

F-150 Ford Extended Range Electric 526

Teslarati

NOVEMBER 9, 2023

Many automakers are attempting to offer EVs that are widely affordable and will not break the bank for those who are interested. a more affordable EV option for consumers will perhaps help to surge sales and demand. For 2023, only 50 percent of the vehicle’s battery must be assembled or manufactured within North America.

North America 105

North America Tax Credit America Affordable 105

Teslarati

MARCH 9, 2024

Chevy Blazer EV already seeing ~$10k markups from GM dealers “We are excited to have the Chevrolet Blazer EV available again, this time with a compelling price, enhanced features and functionality and qualifying for the full consumer tax credit,” said Scott Bell, Vice President of Global Chevrolet (via Automotive News ).

Price 96

Price Sale GM Chevrolet 96

Teslarati

FEBRUARY 28, 2024

The Asian car company is also building a $5 billion EV battery cell plant with SK ON in Georgia, which is expected to employ 3,500 workers. Hyundai shared that its focus on affordable and compact electric vehicles helped its EV sales in the United States. Hyundai Motor Group is investing $7.59 billion in HMGMA.

Hyundai 83

Hyundai America Sale Georgia 83

EV Adoption

JUNE 21, 2022

Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates.

Available 98

Available Tax Credit Tax Dealers 98

Green Car Congress

JANUARY 9, 2012

In addition to the original model, equipped with a 36 kWh battery pack offering up to a 150-mile (241 km) range with a MSRP of $39,900, a new 31 kWh battery option will provide a driving range of up to 125 miles (201 km) and will be available at a lower base MSRP of $37,250. —Phil Murtaugh, CEO, CODA Holdings.

Range 225

Range Tax Credit Batteries Battery 225

Teslarati

AUGUST 31, 2023

We created this vehicle with the idea that young people living in the world’s big cities need innovative, versatile, and affordable mobility,” said Chairman and CEO Henrik Fisker. The company will offer Fisher Pear customers two battery options. Fisker is collaborating with Foxconn to produce the Pear.

Fisker 93

Fisker Production Tax Credit Tax 93