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Volkswagen aims to debut new affordable electric vehicles in 2027 with prices around $22,000

Baua Electric

Volkswagen is aiming for its new low-cost electric vehicles to debut in 2027. The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). VW said last week it was still looking at its options for affordable EVs. According to a new Reuters report , VW plans to unveil its new affordable EVs in 2027.

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Tesla starts applying EV tax credit at time of purchase

Baua Electric

Fewer Tesla EVs now qualify for the $7,500 federal EV tax credit, but for those that do, Tesla is now applying the credit at the time of purchase. Tesla federal EV tax credit eligibility (Jan. The federal EV tax credit became a point-of-sale rebate as of Jan. Tesla Model Y price estimate showing $7,500 tax credit (Jan.

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Volkswagen ID.4 with SK ON battery components eligible for full $7,500 tax credit in 2024

Teslarati

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 units with batteries from SK On qualify for federal tax credits. 4 EV may choose to apply the tax credit as a down payment for the vehicle. This is great news for consumers in the U.S.

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Tesla’s cheapest Model 3 with the 2024 tax credit might surprise you

Teslarati

Treasury’s updated guidance on the federal electric vehicle (EV) tax credit has officially taken effect. The Tesla Model 3 Long Range (LR) and Rear-Wheel-Drive (RWD) configurations are no longer eligible for the $7,500 tax credit as of January 1. However, sightings of the Model 3 Highland in the U.S.

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Chevy Equinox EV first drive: GM may have cracked the code in delivering a quality SUV that’s affordable [Video]

Baua Electric

By February of this year, we learned that “priced around $30,000” actually means “$35,000,” which is higher than expected but still affordable. The American automaker has publicly stated hopes for this new all-electric model to help it win back some of its market share , and after driving the crossover SUV, I think that may happen.

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Tesla stock climbs on tax credit inclusion, continuing stratospheric rise in 2023

Teslarati

Tesla stock ( NASDAQ: TSLA ) continued to climb on Friday following news that Model Y vehicles would completely qualify for electric vehicle tax credits. may have been the deciding factor in the definition of an SUV being more widely available to vehicles that were on the cusp of qualifying.

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GM hints at an affordable Chevy Camaro EV: A $35,000 real electric pony car?

Baua Electric

An affordable Chevy Camaro EV? GM President Mark Reuss says the Camaro needs to be revived as a real pony car, hinting it could start at $35,000, similar to the new Equinox EV. The news came after a source from within GM’s Tech Center told them that the Corvette nameplate was due for the same treatment.