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Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

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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GM hints at an affordable Chevy Camaro EV: A $35,000 real electric pony car?

Baua Electric

The news came after a source from within GM’s Tech Center told them that the Corvette nameplate was due for the same treatment. With the $7,500 EV tax credit included, prices could fall to as low as $27,500. In comparison, the sixth-gen Camaro started at just over $30,000.

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Georgia Tech study finds MD electric urban delivery trucks have cost advantages over diesel in some conditions; relative benefits depend on numerous factors

Green Car Congress

Credit: ACS, Lee et al. Researchers at Georgia Tech have compared medium-duty (MD) electric and diesel urban delivery trucks in terms of life-cycle energy consumption, greenhouse gas (GHG) emissions, and total cost of ownership (TCO). Is the electric truck cost-effective in comparison with the diesel truck? Click to enlarge.

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5 Best Electric Car Insurance Tips for Millennials

Clean Fleet Report

Depending on where you live, there can be programs that encourage the purchase and use of electric vehicles by extending tax credits and rebates , among other benefits. Through the Federal Tax Credit, you can be eligible for up to $7,500. A lot of millennials are tech-savvy, so it is easy to shop around.

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Flash Drive: 2021 Volkswagen ID.4 Crossover EV

Clean Fleet Report

It’s got all of the intelligent tech tools you would expect—and will find on virtually every vehicle in this class at some price point. Tax credits/incentives (vary greatly based on location). Tech: Benchmarking the Tesla Model Y. A profile that says–I’m a sedan, er, wagon. Lease deal (vary based on location).

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Flash Drive: 2021 Ford Mustang Mach-E GT and GT Performance

Clean Fleet Report

For comparison, the base Mach-E with rear-wheel drive and equipped with the extended range battery is rated with a 305-mile all-electric driving range. Upping the tech. Federal and state tax credits could reduce your final price, and in some states it will qualify for a HOV sticker. Either choice will not be wrong.

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News: 2025 Honda CR-V e:FCEV

Clean Fleet Report

The closest comparisons for hydrogen-only cars are the Toyota Mirai and Hyundai Nexo. To provide a basis for comparison, Honda let us first drive a 2024 CR-V Hybrid that weighed 500 pounds less than the e:FCEV. MPGe fuel economy is rated at 61 mpg city/52 highway/57 combined using the electric battery and compressed hydrogen fuel.

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