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The Nissan Leaf is Eligible for a $3,750 Tax Credit Again

The Truth About Cars

The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. It’s followed not-so-closely by the Mini Cooper SE, but regaining tax credit eligibility is a significant boost. has a free-trade agreement. Image: Nissan] Become a& TTAC insider.

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The Big E: July 14, 2024 – Today’s Most Important News

Clean Fleet Report

Automotive News , the trade publication that is the Bible of the auto industry, took this issue head on, working with data gathered by J.D.Power , another well-known player in the industry. That said, current higher initial prices for EVs ($13,000 on average) remain a barrier for EV adoption. Check your math.

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Tesla led the EV market closer to ICE price parity in 2023: Cox

Teslarati

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

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Rivian cuts prices on its base R1T and R1S ahead of R2 launch

Teslarati

Rivian has cut prices on two of its entry-level vehicle configurations ahead of the automaker’s launch of its next-generation vehicle next month. After Rivian added two new range options for the R1T and R1S last week, the electric truck and SUV maker has also cut prices on some of its lineup.

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Lucid introduces new $7,500 discount as EV price war heats up

Teslarati

The effects of the Tesla price cuts from earlier this year are still being felt today. Many manufacturers quickly responded with price cuts of their own , including Lucid, who cut Air leases by $7,500. Now, thanks to continued price competition, Lucid is again offering a new discount.

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Tesla launches limited-time 0.99% APR loan rate on U.S. Model Y orders

Teslarati

Credit: Tesla The recently launched base-level Model Y Long Range RWD currently starts at $44,990 before federal and local tax credits, while the Long Range AWD and the Performance trims start at $47,990 and $51,490, respectively. Last year, the Model Y became the world’s best-selling vehicle , according to data from JATO Dynamics.

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Kia’s affordable EV3 officially spotted in the US ahead of its upcoming debut [Images]

Baua Electric

Here’s when we can expect to see Kia’s new affordable EV in the US. The EV3 is a cornerstone of Kia’s plans to secure its future position in the auto industry. The EV3 was introduced alongside the EV4 and EV5 as part of the brand’s new affordable electric car lineup. FTC: We use income earning auto affiliate links.