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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

Tesla Model 3 Highland leases are more affordable thanks to a loophole in the Inflation Reduction Act about commercial vehicles. Tesla calculated that Model 3 Highland lease payments would be $329 monthly, excluding taxes and fees. The IRA loophole Tesla applies to the Model 3 Highland leases is not new.

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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. That’s higher than the cost of a comparable diesel-powered Class 8 truck, so the Tesla Semi would have to be very compelling to convince drivers and fleet owners to make the switch to electric.

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NITI Aayog bats for incentives for LNG-fuelled commercial vehicles – ET Auto

Baua Electric

NITI Aayog has proposed a host of fiscal and non-fiscal incentives, extension of the production linked incentive scheme to LNG-fueled vehicles and setting up a demand aggregator to encourage use of liquified natural gas (LNG) in medium and heavy commercial vehicles.

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Nissan Ariya price cut, E-Transit range boost, Dodge Charger Daytona EV: Today’s Car News

Baua Electric

The 2024 Nissan Ariya costs a lot less than the 2023 model. Price cuts of $3,600 for the base Engage version with the smaller 63-kwh battery pack and $6,000 for the longer-range versions with the 87-kwh pack tuck base versions close to the $40,000 mark, without the help of any EV tax credit. Privacy Policy.

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Car more than 15 years old? State govts announce discounts for scrapping; 5 things to know about how to scrap an old car – ET Auto

Baua Electric

Then you should know that 21 states and union territories (UTs) are offering up to 25% discount on personal vehicle price or road tax for customers who scrap their old vehicles and buy a new one, stated a Times of India news report. For commercial vehicles, the discount is 15%.The Electric/CNG-fuelled vehicles are exempt.

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REE’s P7-C electric truck receives CARB credits, eligible for over $100k in incentives

Baua Electric

Today’s news confirms expected results from REE Automotive ($REE) as its “x by wire” P7-C EV continues its journey toward scaled commercial deployment. Ahead of production, REE has reported tens of millions in binding orders from commercial customers.

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Tesla Model Y deliveries start in Malaysia

Teslarati

EV owners qualify for 100% road tax exemption. According to Tesla, EV owners may claim an individual tax relief of up to RM 2,500 on expenses related to the cost of installation, rental, and purchasing, including “hire-purchase equipment or subscription fees for EV charging facilities.”

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