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Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

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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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

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.

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

Baua Electric

Which automaker announced plans to embrace the Tesla charge connector and reignite an offbeat kind of internal combustion engine, all in the same week? with other markets to follow. Two automakers this past week, both known for affordable gasoline cars, dashed hopes of seeing more affordable EVs anytime soon.

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SAFE Report: electricity shortfalls impede IRA’s materials production goals

Green Car Congress

Recent legislative incentives to produce more solar panels, EVs, electrical charging infrastructure, and other clean energy transition products will require more domestic primary aluminum. The IIJA funds $73 billion for aluminum-heavy electric infrastructure and $5 billion for a nationwide network of EV charging stations.

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2022 Nissan LEAF becomes most affordable EV with sub-$30k MSRP

Teslarati

Nissan’s 2022 LEAF has established itself as the most affordable electric vehicle in the U.S. market with the rollout of the newest models. 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.

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The Best Electric SUVs on the Market

EV Life

The electric vehicle market has expanded rapidly in the last few years as automakers have introduced a variety of EV models to keep up with demand. In this article, we’re going to look at some of the electric SUVs on the market with the highest ranges, as well as some of the most affordable SUV options.

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Study: EV interest waning amid concerns over cost, charging

Baua Electric

2024 Nissan Leaf One of the main factors behind diminished EV interest was affordability. Power executive director of EV intelligence Stewart Stropp cited “the continued shortage of affordable vehicles” as one of the “main roadblocks” to getting more consumers behind the wheel of an EV. In statement, J.D.