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Tesla price cut: Model Y undercuts Model 3 by $5,000 with tax credit

Baua Electric

Both are eligible for the $7,500 EV tax credit, cutting the effective price for many households to just $37,130 and $42,130 respectively. The Model 3 also doesn’t qualify for the EV tax credit. In addition, the base Model Y RWD now undercuts the base Model 3 by $5,000 for the tax-credit-eligible.

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GM cuts 2024 Chevy Blazer EV price by thousands, resumes sales

Baua Electric

GM announced Friday that it’s dropping prices by up to $6,520 on its 2024 Chevrolet Blazer EV , while resuming sales and deliveries of the model to customers. GM paused sales of the Blazer EV in December. The Blazer EV is also now fully eligible for the $7,500 EV tax credit.

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Kia EV plans, NJ $1,000 EV fee, Stellantis’ EV skepticism: Today’s Car News

Baua Electric

This and more, here at Green Car Reports. million Kia EV sales annually by 2030. But it does now see about 800,000 annual hybrid, plug-in hybrid, and fuel-cell sales by then—making electrified vehicles 58% of its mix in 2030. And the CEO of global automaker Stellantis seemingly denies that EVs are a greener choice yet.

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New Jersey marks up EV ownership with additional $1,000 fee

Baua Electric

Similar arguments have been made in other states, as road maintenance is typically covered by gas taxes. New Jersey has adopted California’s EV mandate , with plans for EVs to make up 50% of new car sales by 2027 and 100% of sales by 2035, which seems like it will be harder to meet with a very high additional fee in place for EVs.

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2017 Toyota Highlander Hybrid, Prius 'marvel,' electric-car tax credits: Today's car news

Green Car Reports

Today, Toyota announces the refreshed 2017 Highlander Hybrid and a new Prius hybrid variant for the 2016 New York Auto Show, and we look at when electric-car tax credits expire. All this and more on Green Car Reports. The Nissan Leaf is withdrawn from New Zealand, and electric-car sales there plummet as a result.

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Kia EV9 wins, Fisker franchises, Tesla tops BYD, leather in EVs: The Week in Reverse

Baua Electric

Which EVs made the tax-credit shortlist in 2024? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 5, 2024. The Kia EV9 is Green Car Reports’ Best Car To Buy 2024. Which company faced a $1.7 billion fine for diesel emissions cheating?

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

Baua Electric

This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending. Set to arrive in summer 2024, the 2025 Honda Civic Hybrid will be much more than a niche model, with the automaker anticipating 40% of Civic sales will be hybrids. sales in calendar year 2023. inch infotainment screen.