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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

The upfront cost of an EV is the biggest barrier to EV adoption, with the average cost of a new EV being 52 percent more than a gas vehicle. Rebates & Tax Credits Don’t Help Most Americans. However, with Senator Manchin saying no to Build Back Better, any improvements to the EV tax credit are now in limbo.

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Tesla starts promoting Model 3 and Model Y’s IRA-adjusted prices

Teslarati

A look at Tesla’s official pages for the Model 3 sedan and Model Y crossover shows that the electric vehicle maker is highlighting the fact that the electric cars are eligible for the IRA’s $7,500 tax credit. But this is not all, as customers who are eligible for state and local incentives could make the car even more affordable.

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

Get Electric Vehicle

  In this, we will explore whether the depreciation cost of EVs is the same as that of conventional vehicles and the basics of the factors involved in depreciation for any type of vehicle. Before moving on we should have an open mind on the process of calculating the depreciation cost of an EV.

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

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., Say Goodbye to Fuel Costs. A small margin in the market drastically affects the cost of fuel and its availability. Low Maintenance Costs. Electric Vehicles are Affordable.

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An Overview of Charging Incentives in Oregon

EV Connect

We will also discuss the advantages of transitioning to electric vehicles and how these incentives can make the switch more affordable. By taking advantage of these incentives, EV owners can significantly reduce their upfront costs, making the transition more affordable and financially feasible.

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Leasing vs. Buying EV Charging Stations

EV Connect

But, thanks to the combination of increasing tax incentives for charging stations and vehicles — and President Joe Biden’s proposal to add 500,000 charging stations nationwide — this trend may reverse sharply. This option may be outweighed, financially, by the tax incentives offered by purchasing units. And this isn’t the only one.

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How to Save When Building an EV Charging Station

Setec Powerr

However, the installation and maintenance of EV chargers can be complex and costly. You may be tempted to purchase the most affordable charger, but entry level chargers can end up costing you more over time. It’s important to research and leverage these incentives to offset the costs of building an EV charging site.