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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits. Tesla’s official website for the Semi indicates that the expected base price of the vehicle’s 300-mile variant is $150,000.

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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

Tesla Model 3 Highland leases are more affordable thanks to a loophole in the Inflation Reduction Act about commercial vehicles. Tesla calculated that Model 3 Highland lease payments would be $329 monthly, excluding taxes and fees. The IRA’s assembly and battery requirements do not apply to commercial vehicles.

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Indian State of Delhi scraps electric vehicle subsidies

Teslarati

The Indian State of Delhi has decided to do away with electric vehicle subsidies, incentivizing drivers to purchase EVs. Delhi offered electric vehicle drivers a subsidy of ? lakh ($2,020) per vehicle. Drivers also had road tax and registration fees waived when purchasing an electric vehicle.

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Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

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With the increasing popularity and adoption of electric vehicles (EVs), many prospective buyers are curious about the overall costs associated with owning an EV. One crucial deciding factor in countries like India, is the depreciation, as it directly impacts the resale value and long-term financial implications of owning a vehicle

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EV Resurgence: Is 2024 the Turning Point for Electric Cars?

The Truth About Cars

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 Factors such as political polarization and shifts in tax credits could influence this figure. million units.

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ELECTRIC VEHICLE RULES IN INDIA: Everything That You Must Know

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Electric vehicle rules in India are necessary to regulate the operation of the vehicle and related industries in the nation. Another objective of the rules is to accelerate the adoption of electric vehicles. Electric Vehicle Rules in India & Its Comparison with Conventional Vehicles #1.

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Rivian speculated to unveil the R2 SUV by March 2024

Teslarati

Rivian is speculated to unveil new vehicles at the event, including the long-awaited R2 electric vehicle. The auto startup renovated the 1930 theater into a retail space and commercial community area. The Rivian Theater was formally the Laguna Beach Movie Theater. The company also sells brand merchandise at the theater.

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