The Truth About Cars

MARCH 6, 2024

The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale. Tax credits bring the Prologue’s starting price down to $41,295 after a $1,395 destination charge.

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Tax Credit Tax Honda General Motors 100

Electric Cars Report

MARCH 8, 2024

Acura released the power ratings for the 2024 ZDX, its highly-anticipated all-electric SUV, and the high-performance ZDX Type S – the most powerful Acura ever. EV Tax Credit; Now Available to Order appeared first on Electric Cars Report. of maximum torque – more than the Acura NSX Type S supercar.

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Tax Credit Acura Tax All-Electric 104

Electric Cars Report

MARCH 8, 2024

Honda announced that most all-new 2024 Honda Prologue models, the first all-electric Honda SUV, will qualify for the U.S. 7,500 EV tax credit. The federal tax credit applies to the purchase of all 2024 Prologues built after Feb. EV Tax Credit appeared first on Electric Cars Report.

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Tax Credit Honda Tax Purchase 57

Baua Electric

MARCH 7, 2024

Who says electric cars are too expensive? 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 credit, the Prologue’s starting price falls below $40,000.

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Tax Credit Honda Tax SUV 52

Teslarati

MARCH 28, 2024

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. By producing the EV9 in Georgia, the all-electric SUV could qualify for a partial EV tax credit.

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Tax Credit Kia Tax Georgia 53

Green Car Reports

FEBRUARY 3, 2023

Shoppers get some clarity on tax-credit price caps and SUVs like the Tesla Model Y. This and more, here at Green Car Reports. Volvo aims more EVs for China. VW reportedly approved a smaller EV for the U.S. And Ford is aiming to keep it simple and scale up with its EVs. Sound familiar?

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Tax Credit Tax Price Volvo 99

Teslarati

FEBRUARY 3, 2023

Tesla stock ( NASDAQ: TSLA ) continued to climb on Friday following news that Model Y vehicles would completely qualify for electric vehicle tax credits. The stock rise through January was mostly caused by price cuts of up to $13,000 across its lineup , which increased demand and orders for its cars.

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Tax Credit Tax Tesla SUV 98

Teslarati

FEBRUARY 3, 2023

Tesla’s complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act, as the Internal Revenue Service (IRS) has increased the applicable MSRP limit to $80,000 across each of the all-electric crossover’s configurations.

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Tax Credit Tax Tesla SUV 98

The Truth About Cars

DECEMBER 7, 2023

Earlier this year, the rules around EV tax credits seemed to be changing every other week. While things have calmed down since then, we’re about to see more action on the topic, as the Treasury recently released new guidance on battery materials sourcing that will upend credits for some EVs.

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Tax Credit Tax Ford Kentucky 86

Green Car Reports

MARCH 8, 2023

And the Mercedes EQE SUV has been priced to squeak under the EV tax credit max. This and more, here at Green Car Reports. made EQE SUV, and at just below $80,000 to start, the fully electric SUV makes the EV tax. Air suspensions are going to help with range, one supplier claims.

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Mercedes SUV Tax Credit Price 146

The Truth About Cars

JANUARY 30, 2024

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. that qualifies for the full Federal Tax credit. This development makes these models of the ID.4,

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Tax Credit Tax EPA Tennessee 52

Baua Electric

MARCH 28, 2024

Kia’s first three-row electric SUV is off to a good start. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. The EV9 is expected to qualify for the full $7,500 tax credit by early 2025. However, Kia will accelerate EV9 momentum with plans to begin US production by May.

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Tax Credit Kia Tax Production 52

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

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Tax Credit Tax Electric Vehicles North America 72

Teslarati

FEBRUARY 7, 2023

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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Tax Credit Tax Tesla Price 106

Teslarati

FEBRUARY 6, 2023

tax credit program that qualifies the Model Y’s entire lineup for the full amount, have resulted in “clear demand drivers” for the automaker. On Friday, the IRS reclassified the vehicle as an SUV , which shifted its MSRP limit from $55,000 to $80,000, qualifying the car for the total credit amount.

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EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Tax Credit Tax Buy Purchase 52

CleanTechnica EVs

FEBRUARY 28, 2022

Toyota is hoping to sweeten the deal on its new electric SUV after the tax credit runs out.

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Tax Credit Tax Toyota Charging 97

Green Car Reports

DECEMBER 16, 2023

This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending December 15, 2023. The 2024 Chevrolet Blazer EV is the first mass-market SUV built on GM’s. Where is the federal government’s charging network already up and running?

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Tax Credit F-150 Tax Chevrolet 120

Green Car Congress

DECEMBER 30, 2018

Hyundai delivered its first NEXO fuel cell SUV ( earlier post ) to Tom Hochrad of Ventura, California—the first US customer to drive off in the new NEXO, the only mass-produced fuel cell SUV for the US market, featuring a range up to 380 miles.

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SUV Hyundai 2019 Fuel 390

Baua Electric

MAY 3, 2023

. “There’s been a bit of a pause in the industry for some brands on electric vehicle sales as everyone sorted out the tax implications of the Inflation Reduction Act,” Watson defined. On account of the tax credit score adjustments, Kia expects leasing as a proportion of its EV trade to extend from 15 p.c

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Tax Credit Kia Tax South Korea 52

The Truth About Cars

MAY 4, 2023

Though their electric vehicle lines are among the most compelling new zero-emissions models, Kia and Hyundai’s EVs don’t currently qualify for federal tax credits because of where they’re built. Both are working toward bringing EV production to the U.S., Image: Kia] Become a& TTAC insider.

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Tax Credit Kia Tax South Korea 52

Green Car Congress

DECEMBER 12, 2013

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Funded at $2.3 Funded at $2.3 Lead organization. Description.

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EV Life

APRIL 7, 2023

Buying a new car is one of the most significant purchases you’ll likely make in your life, so you want to make sure you’re getting the best deal available. In California, the Tesla Model Y and Model 3 are the two best-selling cars of any kind in the whole state. Not anymore.

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Tax Credit Tax Tesla Purchase 52

Green Car Reports

JUNE 28, 2019

Tesla faces another drop in tax-credit eligibility for its cars on Monday. All this and more on Green Car Reports. The federal tax credit on Teslas is. The company is also reportedly working to develop its own batteries. Automakers are concerned they won't be able to sell enough EVs in Europe.

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Tax Credit Tax BMW Europe 67

Green Car Reports

FEBRUARY 22, 2018

Today, a bit of clarity on a mysterious auto startup, some verdicts on the Hyundai Nexo fuel-cell SUV, and a look at how Nissan and others may handle the end of electric-car tax credits. All this and more on Green Car Reports. What will happen when electric-car tax credits expire, and how will each maker handle it?

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Tax Credit Tax Hyundai Nissan 64

Green Car Congress

SEPTEMBER 6, 2023

4 electric compact SUV is getting a major upgrade for its 82 kWh battery models, including a new performance drive unit that delivers greater performance and expected improvement to EPA-estimated range, an improved infotainment display, and a new premium audio system, among other features. Volkswagen of America revealed that the 2024 ID.4

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Tax Credit Power Powered Tennessee 284

EV Life

JUNE 8, 2023

These days, all-electric options are available in every type of vehicle, from high-horsepower electric sports cars to stylish electric luxury sedans to torque-heavy electric trucks. Electric SUVs: Prices and Range The two biggest factors that have influenced most potential electric SUV drivers are the price of the vehicle and its range.

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Green Car Reports

NOVEMBER 27, 2021

How soon will the Rivian R1S and Cadillac Lyriq electric SUVs arrive? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending November 26, 2021. Which foreign automaker plans two U.S.-bound bound models and 60 U.S. showrooms starting next year?

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Tax Credit Hummer Cadillac General Motors 167

Green Car Congress

MARCH 30, 2023

The first evidence can be seen in consumer interest in the Ford Mustang Mach-E and the Tesla Model Y following the reclassification of both vehicles as SUVs, which made them eligible for a $7,500 federal tax credit under the Inflation Reduction Act. Consumers responded immediately with a 3.4

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Green Car Reports

OCTOBER 7, 2022

Plug-in hybrids aren’t the dollars-and-cents no-brainer vs. hybrids anymore, due to the revamped EV tax credit. Honda provides a closer look at its upcoming electric SUV. This and more, here at Green Car Reports. And will Tesla Megachargers be popping up everywhere now that the Semi is being delivered?

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Honda Tax Credit Hybrid PHEV 134

Green Car Reports

APRIL 6, 2023

7 and plush Mercedes EQE SUV drive? And automakers start to detail which models are eligible for the full $7,500 tax credit amount. This and more, here at Green Car Reports. Does the 2023 Toyota Prius Prime reboot the formula pioneered by the Chevy Volt for the better? How do the aero-focused VW ID.7

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Prius Mercedes Toyota Tax Credit 109

Green Car Reports

DECEMBER 31, 2022

Which automaker revealed one of the most aerodynamic SUVs in the world? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending December 30, 2022. Which states recently joined California in banning gas-only vehicles by 2035?

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Tax Credit Tax Green Cars Motor 127

CleanTechnica EVs

FEBRUARY 3, 2023

Last month, the Treasury Department said the Tesla Model Y was a passenger car for tax credit purposes. Now it has changed its mind.

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Tax Credit Tesla SUV Tax 98

EV Life

DECEMBER 12, 2023

These combination car-and-SUVs have become immensely popular for a variety of reasons. The second reason EV crossovers are so popular with automakers is the vehicle classification standards put forth by the Treasury Department to determine whether a vehicle is a car, SUV, truck, or van. Where Are All the True SUVs?

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Teslarati

APRIL 19, 2024

With their price adjustments, the two flagship vehicles and Tesla’s best-selling car have become a bit more affordable for consumers. Tesla’s other flagship vehicle, the Model X SUV , also received a $2,000 price cut. Tesla has implemented a series of price adjustments to the Model S, Model X, and Model Y.

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Tax Credit Price Tesla Tax 135

The Truth About Cars

FEBRUARY 12, 2024

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. Tesla also lists the post-tax credit prices, which can be applied at the point of sale starting this year.

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CleanTechnica EVs

JANUARY 10, 2023

The classification decisions made by the Treasury are not consistent with either the letter or intent of the Inflation Reduction Act, are unfair to full battery electric vehicles, and are confusing for consumers.

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