EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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Green Car Congress

MARCH 30, 2023

The trend is consistent with steady growth in availability and affordability. Overall affordability has also improved by a similar margin, rising to 85.6 Overall affordability has also improved by a similar margin, rising to 85.6 Power EV Index score for availability climbed sharply to 39.4 (on in January. in January.

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The Truth About Cars

FEBRUARY 12, 2024

The Tesla Model Y is the world’s best-selling electric vehicle, but that hasn’t stopped the automaker from exploring new ways to boost buyer interest. Though it’s eligible for federal tax credits, Tesla is temporarily decreasing pricing on the SUV, dropping it to $42,990 for the base model and $47,990 for the Long Range model.

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EV Life

APRIL 27, 2023

Teslas are by far the most popular electric vehicles in the industry today, controlling over 60% of the EV market. Recently, Tesla has been adjusting the pricing for many of its vehicles, with some models changing four times in just the last month.

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Teslarati

OCTOBER 19, 2023

Tesla increased the price of the Model X Plaid by $5,000. The Tesla Model X Plaid now starts at $94,990 from $89,990. On October 15, 2023, the Tesla Model X Plaid’s price was still $89,990. It does not qualify for federal tax credits under the Inflation Reduction Act (IRA). compared to 25.1% earlier this year.

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Baua Electric

FEBRUARY 9, 2024

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. With a $7,500 tax credit on the line, Hyundai has pulled the timeline forward as quickly as possible. Munoz said EVs produced at the new plant will qualify for the tax credit.

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EV Adoption

AUGUST 4, 2022

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. The caps are $80,000 for trucks, vans, and SUVs and $55,000 for sedans, sports cars, and station wagons. Joe Manchin, via the Wall Street Journal.

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Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place.

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EV Life

SEPTEMBER 2, 2022

The passage of the US Inflation Reduction Act includes nearly unlimited funding for a $7500 EV tax credit on new EVs through 2032. In the long term, the Inflation Reduction Act promises to accelerate electric car affordability for millions of Americans, the next couple of years are going to be a challenge. 2022 EV Tax Credits.

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Baua Electric

JANUARY 20, 2024

How can you claim up to $7,500 off some new Tesla models at the time of purchase? Which automaker announced plans to embrace the Tesla charge connector and reignite an offbeat kind of internal combustion engine, all in the same week? Looking at the latest “Highland” Model 3, as priced last week, it undercuts the Tesla by $9,000.

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EV Life

JUNE 8, 2023

These spacious, versatile, and family-friendly vehicles offer drivers the best of many worlds in one, so it’s no surprise that the release of electric SUVs on the market was highly anticipated and met with excitement by EV fans and SUV enthusiasts alike. Which Electric SUVs Have the Most Range? The good news? The other upside?

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Baua Electric

MARCH 16, 2024

In a review of the 2024 Volvo XC90 Recharge , GCR found that this already appealing Swedish SUV package adds more electric range, more power, and more refinement, making it now a nearly ideal pick for families who aren’t always sure about where they’ll be plugging in on the go. With the recent addition of the Volkswagen ID.4

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Clean Fleet Report

DECEMBER 27, 2021

The number of plug-in electric cars nearly doubled from 40 to more than 70 vehicles this year, including attractive SUV crossovers in the $40,000 range like the Ford Mustang Mach-E and the Volkswagen ID4. Rebates & Tax Credits Don’t Help Most Americans. Put all together, the customer saves up to $200 a month.

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Teslarati

FEBRUARY 4, 2023

Tesla has increased prices on its Model Y all-electric crossover and cut prices on the Model 3 sedan. Tesla’s Model Y Long Range increased $1,500 from $53,490 to $54,990 last night, while Model Y Performance trims went up $1,000 from $56,990 to $57,990. All Model Y trims are now eligible for the $7,500 tax credit.

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Teslarati

MAY 12, 2023

Tesla has rolled out a minor price increase for the Model S sedan, Model X SUV, and the Model Y crossover in the United States. As could be seen in Tesla’s online configurator, the Model S now starts at $88,490 , while the Model X now starts at $98,490 before options. The Teslarati team would appreciate hearing from you.

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Teslarati

AUGUST 5, 2022

4 will be the third most affordable electric vehicle offering in the United States, but the German automaker will nerf performance to reach the price point. VW now realizes just how competitive the electric SUV space has become, and the company hopes to become more competitive with a recent price cut in the U.S. Volkswagen’s ID.4

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Teslarati

NOVEMBER 6, 2021

The new EV tax credit breakdown could award as much as $12,500 for an EV purchase, but that’s not the best part. GM and Tesla are the two manufacturers who are currently disqualified from utilizing the EV incentive because they have surpassed the 200k vehicle threshold. Vehicle Type Price Caps. million reservations.

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Baua Electric

DECEMBER 30, 2023

We rounded up all the affordable EVs that are arriving in 2024 and 2025 , and if automakers hold to their word—or at least their hints—it’s going to get better for those who don’t have a luxury budget. It’s giving its EQS hatchback, EQS SUV, EQE sedan, and EQE SUV lineups a heat pump for the U.S.,

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The Truth About Cars

APRIL 5, 2024

The Tesla Model Y, the best-selling EV in the world, is now more affordable than ever as the automaker looks to clear existing inventory with deep discounts. It’s also eligible for federal tax credits, which makes it an even more compelling option. Image: Toyota] Become a& TTAC insider.

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Teslarati

JANUARY 14, 2023

The Tesla Model 3 has become cheaper to buy than ever before, thanks to a recent price cut and inflation over the past four years. When the $35,000 Tesla Model 3 arrived (and quickly departed) in 2019, it was heralded as the electric vehicle for the everyman, a Volkswagen Bug for the modern era.

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Baua Electric

JANUARY 12, 2024

With a new special cash offer, the 2024 Hyundai IONIQ 6 can be significantly cheaper to buy than the upgraded Tesla Model 3 Highand. It’s essentially like receiving the full EV tax credit with a new purchase. In comparison, the new Tesla Model 3 Highland starts at $40,380 (including destination). 361 $43,656 SEL RWD 77.4

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Teslarati

MARCH 25, 2022

Tesla’s mass-market Model 3 and Model Y vehicles have been axed from the California Clean Vehicle Rebate Project (CVRP) following the automaker’s latest price hikes due to “inflation pressure.” Tesla raises prices across its entire vehicle lineup, Model X Plaid sees $12.5k

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Baua Electric

FEBRUARY 8, 2024

General Motors has hired former Tesla battery-development boss Kurt Kelty as its new vice president of batteries. That’s caused GM to miss production targets and likely pushed the launch of more-affordable EVs farther out. EV tax credit aside, neither of these models quite challenge the value of internal-combustion vehicles.

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EV Life

JUNE 28, 2023

At the forefront of this electric revolution is Tesla, a company synonymous with innovation and disruptive technology. Tesla remains the most popular electric vehicle brand in the country, and their biggest seller is the versatile and stylish Model Y. seconds and a top speed of 155 mph. The price for the Model Y Performance is $54,490.

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The Truth About Cars

JUNE 7, 2023

Despite all-electric vehicles being heralded as environmentally sound solutions that would kick down the door to affordable mobility, there haven’t been a lot of good examples hitting the market recently. While akin to what’s found inside most modern Tesla vehicles, minimalist cabins certainly aren’t for everyone.

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Baua Electric

MARCH 10, 2024

Which affordable EV regained its EV tax credit eligibility this week? With the price cut, the Blazer EV will cost $50,195, or just $42,695 to households who can take advantage of the $7,500 tax credit. The 2024 Nissan Leaf is eligible for an EV tax credit of $3,750, the automaker confirmed mid-week.

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Baua Electric

MAY 4, 2024

A brief Lucid Gravity prototype test drive was enough to tell us that this upcoming EV will offer a unique layout and a different driving experience than any other three-row electric SUV. Lucid Gravity prototype The 2024 Acura ZDX EV is the quickest SUV ever from the Honda luxury brand—and it definitely looks the part.

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Electric Auto Association

SEPTEMBER 9, 2022

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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Baua Electric

MAY 12, 2024

Why did Tesla sell a base Model Y with a bigger battery than needed? In a follow-up Hyundai Ioniq 6 test drive , Green Car Reports found that this electric sedan goes the distance for a competitive price—with more range in the real world, or by ratings, versus the Tesla Model 3. That will include 3,000 U.S.

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Baua Electric

JANUARY 10, 2024

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. Tesla remained on top (by far) with 55% of the share. Meanwhile, Tesla wasn’t the only company with record EV sales last year. It also began delivering its first three-row electric SUV, the EV9 , with 1,113 sold in December.

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EV Life

DECEMBER 17, 2019

Americans are obsessed with SUVs and crossovers, which make up around 40% of all vehicles sold in the U.S. In addition to the mounting costs of gasoline, our love of SUVs is also costing the planet in terms of carbon emitted by sports utility vehicles (compared to more efficient sedans and hybrids.). 2 Audi e-tron – Electric SUV.

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Baua Electric

MARCH 30, 2024

Which automaker outlined an all-of-the-above electrified approach for the near future, including hybrids, PHEVs, and a 3-row electric SUV? Which luxury brand teased radiant cabin heat for a future electric SUV? Is the China-based battery supplier CATL working to make fast-charging LFP battery cells for the $25,000 Tesla ?

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EV Life

SEPTEMBER 7, 2023

Building on the success of the popular and affordable Bolt EV and Bolt EUV , the automaker has continued to expand its electric offerings to include EV versions of several of its most popular models. And with its combination of practicality and affordability, the Chevrolet Equinox EV qualifies for nearly all of them.

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The Truth About Cars

AUGUST 10, 2023

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. It’s not the only big disparity in the data.

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Cars That Think

OCTOBER 29, 2021

Tesla hopes to open its first greenfield car factory in Austin by year end.) That frugal operation is boosted by a 924-volt architecture (versus 400 volts for Tesla, and 800 for Porsche's Taycan) whose benefits include restoring up to 300 miles of range in 20 minutes on a 350-kilowatt DC fast charger. miles per kilowatt hour.

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EV Adoption

MAY 8, 2021

Almost any approach to taking existing gas and older less efficient vehicles out of operation is going to be highly unpopular with many Americans, extremely costly, and put a higher-level of burden on lower- and middle- income households that often can only afford older used vehicles.

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EV Life

JULY 21, 2023

There are dozens of new electric cars, trucks, and SUVs set to debut throughout 2023-2024, which is great news for drivers that are looking for the right EV to fit their needs. The Chevy Blazer is one of the most iconic SUVs ever made, and the Blazer EV is the newest addition to its storied legacy. 4 , and the Tesla Model Y.

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