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Volkswagen ID.4 with SK ON battery components eligible for full $7,500 tax credit in 2024

Teslarati

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 starts with an MSRP of $38,995 for the Standard variant, which has a 62 kWh battery and an EPA-estimated range of 209 miles. 4 with two battery and powertrain options. The 2023 ID.4

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Volkswagen aims to debut new affordable electric vehicles in 2027 with prices around $22,000

Baua Electric

The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). VW still aims for affordable EVs to debut in 2027 After walking away from its partnership to develop an entry-level EV (20,000 euro) with Renault, Volkswagen is going solo. VW said last week it was still looking at its options for affordable EVs.

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Tesla starts applying EV tax credit at time of purchase

Baua Electric

Fewer Tesla EVs now qualify for the $7,500 federal EV tax credit, but for those that do, Tesla is now applying the credit at the time of purchase. Tesla federal EV tax credit eligibility (Jan. The federal EV tax credit became a point-of-sale rebate as of Jan. Tesla Model Y price estimate showing $7,500 tax credit (Jan.

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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

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.

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Honda CEO: Solid-state batteries may enable affordable small EV by 2030

Baua Electric

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.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

Teaser for 2025 Jeep Wagoneer S Stellantis provided a first look at the 2025 Jeep Wagoneer S electric SUV , confirming Thursday that it’s right on schedule and set to arrive this fall in the U.S., Toyota Urban SUV Concept And never mind the Nissan Leaf, apparently—or the Chevy Bolt EV. with other markets to follow.

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GM hints at an affordable Chevy Camaro EV: A $35,000 real electric pony car?

Baua Electric

An affordable Chevy Camaro EV? Among the considerations were a 2+2 coupe, convertible, and two- and four-door SUVs. With the $7,500 EV tax credit included, prices could fall to as low as $27,500. GM says the Ultium battery enables +300 miles range (the Silverado EV gets 440 miles) and a 0 to 60 mph in as little as 3 seconds.