The Truth About Cars

FEBRUARY 1, 2024

A recent survey, conducted by Automotive News , has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. Until the prices of them come in line with normalcy, they're going to continue to sit there."

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Clean Fleet Report

JUNE 15, 2021

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Constant price fluctuations power the fuel market. You can now purchase an electric vehicle at a fair price due to the existing tax credits. Check your local situation before you buy.

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Clean Fleet Report

MARCH 2, 2023

Is an EV Genesis, the luxury division of Hyundai Motor Group, began this past week producing its first model in the United States at the sprawling HMG factory in Montgomery, Alabama. The philosophy of quality and expectations need to be met, as Genesis is an unknown entity to much of the car buying public.

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The Truth About Cars

MARCH 13, 2024

The automaker recently priced the hot EV, making it the most expensive vehicle in its lineup in the United States. The Ioniq 5 N comes with a hefty $67,475 price tag, which includes a $1,375 destination charge. It’s also around $5,000 more than the Kia EV6 GT, the closest rival to the Ioniq 5 N.

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The Truth About Cars

JULY 24, 2023

Six thousand 1988 dollars were worth about $15,822 in today's money, according to the United States Bureau of Labor Statistics , just below the MSRP of the cheapest new car available here now. In 1988, American car shoppers could choose among a dozen new cars priced below that figure. So, let's talk about price.

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Charged EVs

JUNE 2, 2023

Ford, Hyundai, Kia, and GM will all launch vehicles into that segment over the next couple of years. Canada will receive the same long-wheelbase ID.Buzz as the United States, albeit with instruments in metric, but that market gets two additional changes. It’ll be the third electric VW sold in the States, after the ID.4

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Baua Electric

JANUARY 23, 2024

Per the IRS: Beginning January 1, 2023, if you buy a qualified previously owned electric vehicle (EV) or fuel cell vehicle (FCV) from a licensed dealer for $25,000 or less, you may be eligible for a previously owned clean vehicle tax credit under Internal Revenue Code Section 25E.

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Wallbox

JANUARY 4, 2021

Some consumers have shied away from electric and hybrid models under the assumption that EV ownership comes with a hefty price tag. However, EVs are now much cheaper to buy and usually more affordable in the long-run. Well, besides the aforementioned EV incentives , it’s mostly fuel savings and lower maintenance costs.

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EV Adoption

MARCH 9, 2021

The sales process will lock in “transparent and set pricing models”—and technically makes its EVs available online. At launch, Ample supports the Nissan Leaf — which is the main electric vehicle used by Uber drivers — and some Kia electric vehicles. – March 8, via Green Car Reports. Batteries and Charging.

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EV Adoption

NOVEMBER 26, 2021

Manufacturer Suggested Retail Price (MSRP) Caps. The current tax credit has no cap on the price of an EV meaning electric cars costing well over $100,000 are eligible for the same credit as one costing $40,000. They are: ‘‘(2) APPLICABLE LIMITATION. Our belief is that this is a very flawed argument. Effective Date: Jan 1, 2022.

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Tax Credit Tax F-150 PHEV 116

The Truth About Cars

APRIL 16, 2024

While the future of electric vehicles in the United States is likely nowhere near as dire as many have portrayed, the current state of things hasn’t done much to inspire confidence. Image: Kia] Become a& TTAC& insider. Gallup pointed to income, age, and politics as key factors impacting the shifts it recorded.

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