Remove Auto Remove Battery Remove Honda Remove Tax Credit
article thumbnail

2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

Baua Electric

The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000.

article thumbnail

New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp., ITC Holdings Corp.,

article thumbnail

Honda may build an EV factory in Canada featuring in-house battery cells

Teslarati

Japanese automaker Honda is considering locations to build an electric vehicle (EV) factory in Canada featuring the use of in-house battery cells. The automaker is looking at multiple potential locations in the North American country, including a site in Ontario that’s near a currently existing auto plant.

Canada 117
article thumbnail

Honda undercuts Tesla Model Y after slashing Prologue EV lease prices to $399/mo

Baua Electric

After introducing new incentives, the Honda Prologue EV is now cheaper to lease than Tesla’s Model Y. Honda believes the Prologue hits the “sweet spot” of the electric SUV market at the right price. After kicking off production of its first global electric SUV in February, the Honda Prologue began hitting US dealerships in March.

Honda 52
article thumbnail

Honda joins EV race with historic $11B investment to build 240K EVs a year

Baua Electric

Honda is finally joining the EV race after announcing a massive $11 billion (CAD$15 billion) investment to build four new EV plants in Canada. The historic investment will be used to build Canada’s first EV supply chain, enabling 240,000 Honda EVs to be made for the US and Canada annually. Production is expected to begin in 2028.

Honda 52
article thumbnail

Honda CEO: Solid-state batteries may enable affordable small EV by 2030

Baua Electric

Honda built its original reputation around affordable small cars like its Civic. Yet decades on, segueing into an era of EVs, it has no battery-electric equivalent to the Civic. It might take a technology breakthrough, like solid-state battery tech, before Honda sees a small, affordable car as making sense—late in the decade.

Honda 52
article thumbnail

GM resumes sales, cuts price of Chevy Blazer EV after software issue – ET Auto

Baua Electric

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. USD 7,500 EV tax credit after new battery sourcing rules from the U.S. 4, Honda Prologue and Cadillac Lyriq.

GM 52