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Government of Canada investing nearly $15M in new EV chargers across the GTA

Green Car Congress

Since 2016, the Government of Canada has invested $1 billion to make EVs more affordable and chargers more accessible for Canadians and has approved funding to support the installation of more than 34,500 EV chargers to date. Budget 2022 delivered an additional $1.7

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Tesla is no longer just a luxury brand, says major auto outlet

Teslarati

Tesla price cuts push EV market toward affordability with broader influence In 2022, Tesla’s prices were higher and were competing with companies such as Mercedes-Benz, Aston Martin and Lexus. While the Model 3 starts at $31,490 after the federal tax incentive in the U.S.,

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Progress! IRA signed into law

Electric Auto Association

EV provisions The legislation creates a new and used EV tax credit, extending the tax credit on some new EVs to 2032 while shifting tax incentives to more affordable models that are manufactured in North America. This will support millions more low- and middle-income families than the original credit.

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Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

Budget models like the Chevrolet Bolt EV, SUV crossovers like the Equinox Blazer EV, electric versions of popular legacy models like the Blazer EV, and high-performance trucks like the Silverado EV make up what is becoming an impressive lineup of all-electric options. Federal, State, and Local EV Incentives Federal Tax Credit.

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Automotive Execs Speculate About Hypothetical EV Camaro and Mustang Sedan

The Truth About Cars

That’s not any cheaper than the base 2024 Chevrolet Camaro, but factor in a $7,500 federal tax credit and the price effectively drops to $27,495, which would make this hypothetical EV about $5,000 less than the last gas-powered model. For instance, there will never be room for a small, two-row Ford SUV with a Mustang badge stuck on it.

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2025 Q5 PHEV returns, remains Audi’s lone plug-in hybrid

Baua Electric

It also buys one of the very few PHEVs that qualifies for a federal tax credit of $3,750. Audi pegs the 4,652-pound PHEV crossover SUV at a 0-60 mph time of 5.0 GM has been without a plug-in hybrid since it discontinued the former Chevy Volt in favor of the Bolt EV hatchback—which returns in 2026 as its most affordable EV.

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Driving Dystopia: 2024 Dodge Charger Daytona Pricing Leaked, Then Confirmed

The Truth About Cars

This is especially true considering the now-discontinued LX/LD platform was comparatively affordable due to having been around so long. Margins are higher on larger vehicles and the EPA has created loopholes that don’t require large SUVs and trucks to be nearly as efficient as sedans, hatchbacks, or coupes.

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