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Tesla $7,500 credit up front, Toyota affordable EVs, Ram electric vans: Today’s Car News

Baua Electric

Toyota pushes back about the viability of affordable EVs. And Tesla buyers can now get the $7,500 EV tax credit up front—if they qualify. Tesla has started applying the EV tax credit at the time of purchase —via its own website and affecting the up-front amount buyers will need to pay when buying a new Tesla.

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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. Tesla’s price cuts have been looked at in a good and bad light by investors and analysts. The post Tesla price cuts push EV market toward affordability with broader influence appeared first on TESLARATI.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

Two automakers this past week, both known for affordable gasoline cars, dashed hopes of seeing more affordable EVs anytime soon. Toyota also dismisses the viability of an affordable EV —in this case, specific to the European market. 2023 Tesla Model Y – Courtesy of Tesla, Inc.

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Tesla launches Quicksilver paint option for US Model Y inventory units

Teslarati

The most affordable Quicksilver Model Y is a Long Range Dual Motor AWD with black interior that’s priced at $49,990 or $42,490 after the federal tax credit. Tesla’s Inventory page as of writing shows nine Quicksilver Model Y units that are available for purchase. Don’t hesitate to contact us with news tips.

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Chevy Blazer EV goes on sale again with lower price tag

Teslarati

Chevy Blazer EV already seeing ~$10k markups from GM dealers “We are excited to have the Chevrolet Blazer EV available again, this time with a compelling price, enhanced features and functionality and qualifying for the full consumer tax credit,” said Scott Bell, Vice President of Global Chevrolet (via Automotive News ).

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Lucid Gravity to Debut at Next Month's LA Auto Show Ahead of Late-2024 Production

The Truth About Cars

The front end shares much of its shape and basic look with the Air, and the SUV appears to have an upright shape with sleek lighting fixtures. Lucid’s vehicles are noteworthy but far from affordable, leaving the company with a bit of a demand problem.

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2023 was a tremendous year for both EVs and Plug In America!

Plug in America

Clean Vehicle Tax Credits Clean vehicle tax credits kicked into high gear in 2023. New federal EV tax credits were expanded and updated, and credits for used and commercial EVs became available for the first time in January. Continue to support states on NEVI planning and implementation.

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