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China and EV tax credit, EV affordability and battery materials, 2024 finalists: Today’s Car News

Green Car Reports

Fewer EVs with connections to China may soon be tax-credit-eligible. EVs still make up a tiny portion of the non-luxury market, yet a plunge in the raw materials needed for EV batteries could make them more affordable. And which of this year’s new EVs are the best? This and more, here at Green Car Reports.

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Tesla ships more vehicles from China to North America

Teslarati

Tesla is shipping another batch of vehicles from China to North America as a second ship packed with all-electric cars built at Gigafactory Shanghai is on its way to Canada. Musk, said reports of the company shipping cars from China to the U.S. based customers to take advantage of the tax credits that make the cars more affordable.

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The Tesla Model 3 RWD’s federal tax credit gets reduced to $3,750

Teslarati

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.

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Tesla China updates base Model 3 with price increase and better range rating

Teslarati

Tesla China updated Giga Shanghai’s Model 3 RWD variant and increased its price by about ¥15,000 ($2,350.21) to ¥250,900 ($39,311.23) after tax reductions. The Model 3 RWD’s tax exemptions could save buyers up to ¥40,000 ($6,267.23). Tesla China Update: New version of the MIC Model 3 RWD!

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Tesla wants India’s government to consider lowering import taxes

Teslarati

Tesla is seeking lower import taxes on electric vehicles in India by writing to the country’s government ministries. This would impose a 100% tax on all of its vehicles, except for this configuration. Tesla could import vehicles from Gigafactory Shanghai in China to Indian customers if import taxes are lowered.

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Tesla Model Y trim gets minimal price increase in China

Teslarati

Tesla Model Y Rear-Wheel-Drive units in China received minimal price increases of less than a percentage point this week. Tesla’s Design Studio for China reflects the new price increases The price increase follows a sharp rebate on Model 3 and Model Y vehicles in China at the beginning of the year. It is only a 0.8

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Tesla increases Model 3 Performance price in the U.S.

Teslarati

Just a few days after it was launched, Tesla has increased the price of the Model 3 Performance, though basic options still render it more affordable than the Long Range configuration with the federal tax credit. The Model 3 Performance is now priced at $53,990 in the U.S. In addition to launching in the U.S. earlier this year.