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This Volkswagen EV Now Comes with Full Tax Credit Benefits

The Truth About Cars

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. that qualifies for the full Federal Tax credit. Sales Performance and Impact of the ID.4

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. Stephanie Valdez-Streaty , director of Industry Insights at Cox Automotive, said: “EV sales continue to grow in the U.S., Better choices and more options are helping push prices lower and drive higher sales.”

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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 million units. Uncertainty in the United States The U.S. million EV sales.

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Ford Mustang Mach-E captures KBB’s EV Best Buy of 2022

Teslarati

“Available for sale in all 50 states, the Mustang Mach-E brings some of the best plug-in style, tech, and performance available among (relatively) affordable electric cars. ” (Credit: Ford). “$43,895 may seem like a high board to dive from at first, but the 2022 Ford Mustang Mach-E is well worth it.

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GM Working with Communities to Develop Roadmap For Plug-in Infrastructure

Green Car Congress

Establish a public charging infrastructure plan; Establish a local/state incentives plan; Establish a marketing and educational outreach plan. State Government. Last month at the North American International Auto Show in Detroit, GM announced it will manufacture the Volt battery packs in the United States. Earlier post.).

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

Virtually all major vehicle manufacturers and several start-up companies are offering—or are planning to offer soon—a PEV for sale in the US market. Recent public policies in the United States and other countries have improved the prospects for initial commercialization of PEVs. Policy Instruments.

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Are Rising EV Inventories Proof Nobody Wants Them?

The Truth About Cars

However, government incentives (EV tax credits) have made them more attractive in the general sense. The Tesla Model Y may still be on the pricier side of affordable EVs, lack the fit-and-finish of other models, and be a little too barren inside for some tastes. production beyond the level of demand.