article thumbnail

Germany has subsidised a total of two million electric cars, at a cost of $A16.5 bn

The Driven EV News

billion to subsidise the purchase of two million electric cars, reports business daily Handelsblatt. The post Germany has subsidised a total of two million electric cars, at a cost of $A16.5 The German government has spent a total of €9.5 bn appeared first on The Driven.

Germany 105
article thumbnail

What You Need to Know Before Purchasing an EV

Clean Fleet Report

However, they do come with their own set of limitations that you should be aware of before making the purchase. In this post, we will go over some of the things you should keep in mind before purchasing an electric vehicle. The initial purchase price is higher for EVs.

article thumbnail

Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase

Teslarati

While the environmentally-conscious vehicles will save taxpayer dollars in the long run thanks to EV credits, gas savings, and low maintenance costs, some have voiced concerns over the cost of buying a Tesla. While the Tesla Model Y isn’t the automaker’s least expensive car, it is far from the most expensive.

Purchase 145
article thumbnail

Upfront Price Parity For Electric Cars At Risk

CleanTechnica EVs

The long-awaited price parity in upfront purchase price for electric vehicles seems to have moved further away, as raw material input prices for batteries continue to rise. EV owners know that if you take a total cost of ownership approach, EVs are almost free cars.

Price 102
article thumbnail

The MG4 Is Now The Most Affordable Electric Vehicle In Australia

CleanTechnica EVs

Electric cars have for the longest time been significantly more expensive than their ICE equivalents. Consumers have been patiently waiting for the day more electric vehicles become competitive from an upfront purchase price point of view.

article thumbnail

How Does the Electric Car Tax Credit Work in 2023?

Setec Powerr

One such incentive is the electric car tax credit, designed to help offset the initial cost of EVs for buyers. Section 1: Overview of the Electric Car Tax Credit in 2023 1.1 Section 2: Eligibility Requirements for the Electric Car Tax Credit in 2023 2.1

article thumbnail

Top 5 Reasons for Using a Electric Car in India

Electric Vehicles India

The Indian government has set a target of achieving 30% electric vehicle sales by 2030, and has implemented several policies and incentives to support the adoption of EVs. Electric Cars in India. Top5 Reasons for Using Electric Cars in India.

India 52