Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024.

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EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives?

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Baua Electric

JANUARY 24, 2024

4s will qualify for the full US EV tax credit in 2024 – here’s the lowdown on eligibility. 4s with US-manufactured SK On battery components placed in service in 2024 will be eligible for the full $7,500 federal tax credit. Click here to find a local dealer that may have the Volkswagen ID.4 VW 2023 and 2024 ID.4s

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Electrek

FEBRUARY 21, 2023

When one carmaker controls over 60% of the EV market, any price changes can reverberate through the industry. In this case, Tesla’s steep price cuts combined with gaining access to federal tax credits have sent shockwaves through the industry.

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Baua Electric

JANUARY 3, 2024

You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale. But you may want to act fast.

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Teslarati

APRIL 10, 2024

Ford has reportedly implemented a round of price cuts to several trims of the 2024 F-150 Lightning. The recent price adjustments were focused primarily on the all-electric pickup truck’s mid-level variants. With the price cuts in place, some variants of the F-150 Lightning saw adjustments of as much as $5,500.

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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. As for dealers, there’s some amount of disagreement as to what’s holding EVs back.

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The Truth About Cars

JULY 12, 2023

Axios recently highlighted the issue and found that dealers have EV inventory sitting on their lots for extended periods, suggesting that supply is significantly outpacing demand. Part of the issue with some EV models is their sky-high price tags, and the most expensive models aren’t eligible for government tax credits.

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Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

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Teslarati

MARCH 9, 2024

Chevy announced on Friday that it’s now resuming Blazer EV sales, re-launching the vehicle’s three configurations with lower price tags starting at $50,195. The updated pricing marks a drop of 9 percent or more, down from the previous starting price of $56,175. GM also plans to utilize the division on all of its future vehicles.

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Electric Vehicles India

NOVEMBER 1, 2021

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . A proposed US tax credit for new electric bicycle purchases bumped backed up to a full 30%. It would be capped at a maximum incentive of $1,500, and would only apply to electric bicycles priced under $8,000.

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Clean Fleet Report

JUNE 4, 2022

Significant Price Reduction Repositions Entry-Level EV. Chevrolet announced this week that its 2023 Bolt EV and Bolt EUV are going to get major drops in price. The new 2023 pricing (2022 pricing in parenthesis) includes the mandatory $995 destination fee. News: 2020 Chevrolet Bolt To Get 259 Miles of Range.

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Baua Electric

APRIL 22, 2024

Kia and Genesis are two of the latest to slash EV prices with generous deals. The Kia EV9 and several Genesis EVs are now $7,500 off with new discount offers. 2024 Kia EV9 (Source: Kia) Although Kia expects the EV9 will qualify for the $7,500 federal EV tax credit, it may not be until next year.

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Baua Electric

APRIL 10, 2024

Ford is trimming prices on the 2024 F-150 Lightning by up to $5,500 as the American automaker looks to fend off incoming competition. Ford cuts 2024 F-150 Lightning price to fend off EV rivals Ford sold 20,233 electric vehicles in the first three months of 2024, surging 86% from last year. The changes went into effect on April 5, 2024.

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The Truth About Cars

NOVEMBER 1, 2023

Even with government tax credits and other incentives, electric models are out of reach for many buyers, and the seemingly constant pricing fluctuations aren’t helping. The 1LT trim will not be offered, leaving the $34,995 front-wheel drive 2LT as the new base trim. Image: Chevrolet] Become a& TTAC insider.

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Teslarati

JULY 11, 2023

For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. One particular reason behind the lack of sales for vehicles like the GMC Hummer EV SUV and the Hyundai Ioniq 5 may be their ineligibility for the Inflation Reduction Act’s (IRA) federal tax credits.

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Baua Electric

MAY 2, 2024

The $4,000 discount applies to both 2024 Chevy Blazer EV leases and purchases and according to CarsDirect, it can be stacked with other deals, such as the $7,500 tax credit and the $1,000 Costco member-only incentive. All of that adds up to a nice price reduction for an EV with a base price in the mid-$50s.

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Baua Electric

FEBRUARY 27, 2024

Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line. And that was without its electric models qualifying for the $7,500 EV tax credit (only through a leasing loophole). We can help you find the perfect model at the right price.

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Baua Electric

APRIL 29, 2024

The latest iteration of the US’s best-selling commercial EV costs $1,100 more than 2023’s base price. So before destination fees, the 2024 enhanced E-Transit’s price starts at $51,095. But it qualifies for the $7,500 federal EV tax credit, which brings its price down to $43,595, excluding possible state and utility incentives.

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Clean Fleet Report

MARCH 2, 2023

News: 2023 Genesis Electrified GV70 AWD First Genesis Built in the U.S. The 3,800 team members, as Hyundai calls them, are building the all-new 2023 Genesis Electrified GV70 that joins electric models of the GV60 EV and the Electrified G80 , both of which are assembled in South Korea. The Electrified GV70 comes in two trim levels.

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Baua Electric

JANUARY 12, 2024

2024 Hyundai IONIQ 6 offer drastically lowers prices According to Hyundai’s website, all 2024 IONIQ 6 trims are eligible for a $7,500 Retail Bonus Cash offer. It’s essentially like receiving the full EV tax credit with a new purchase. In comparison, the new Tesla Model 3 Highland starts at $40,380 (including destination).

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Baua Electric

JANUARY 30, 2024

Ford is instituting big discounts on the Mustang Mach-E for fleet customers, as well as a new program that allows dealers to use inventory as rental cars. A discount of $7,500 for state and local government customers, as well as certain customers, is available on all new 2024 Mach-E orders received through Apr.

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Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? Among its many winning assets: It fits the form that American households seek in a family vehicle, without the luxury price tag, and it’s at the leading edge in all aspects of charging. The plan will include up to 50 dealers in the U.S. Which company faced a $1.7

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Teslarati

JANUARY 17, 2024

To get a monthly lease price of $1,169, customers must be a “very well” qualified lessee who takes delivery on or before January 31, 2024. Qualified lessees may lease a new Rivian R1S Adventure Package for 36 months with 30,000 miles. Rivian informed Teslarati that R1S leasing started on January 17, 2024.

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Teslarati

JULY 5, 2023

While the overall car sales to dealers are projected to decline by 5.9% in June compared to the previous year, the CPCA still anticipates a 30% rise in new-energy vehicle sales this year. ” The CPCA expects shipments of NEVs to dealers in June are estimated to have risen to 740,000 units. Its rivals are, too.

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Baua Electric

JANUARY 16, 2024

New incentives can make the 2024 Hyundai Ioniq 6 much cheaper than the newly updated Tesla Model 3, according to CarsDirect. But for those purchasing rather than leasing, the rebate drops the Hyundai’s base price from $38,615 to $31,115. So it appears that the company wants to stay very competitive on price.

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Electric Auto Association

FEBRUARY 7, 2023

‘Go online, build the car you want, print the price out, and present it to the dealer’ is what they told me.” “It We can’t allow the dealers to pull this on buyers. They agreed on the price over the phone and then I went in and picked it up. We update you with EV news monthly. Sign up for our newsletter.

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Baua Electric

APRIL 25, 2024

The automaker believes electric models, like the IONIQ 5 and IONIQ 6, will qualify for the federal EV tax credit, which should help boost demand. Electrek’s Take The news comes as several automakers, like Ford, GM, and even sister company Kia, announced similar plans to introduce more hybrids to their lineups.

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Baua Electric

APRIL 23, 2024

We also saw a deal for $119/mo and $4k down in New York. This is by far the lowest monthly price we’ve seen for the bZ4X yet, and one of the lowest we’ve seen for any EV – not just now, but ever. The 2024 model is just $169/mo (and $2k down), still a low price though not as eye-wateringly low as the 2023 model.

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The Truth About Cars

NOVEMBER 21, 2023

“We’ve been studying this project for the past couple of months, and I think we’re all aware that EV adoption is growing, and we expect that to continue actually, but it’s not growing at the pace that I think ourselves and the industry had expected,” Truby was quoted by Automotive News as saying during a press call.

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Baua Electric

MARCH 14, 2024

4 AWD Pro S Plus with a new lease deal as it gears up to launch new EVs. With a starting price of $38,995, the ID.4 4 models will qualify for the full $7,500 EV tax credit. The news comes as Volkswagen looks to clear room for new electric models. 4 model Starting Price ID.4 2023 Volkswagen ID.4

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Baua Electric

JANUARY 25, 2024

Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. Despite its vehicles not qualifying for the tax credit (only through leasing), Hyundai Motor (including sister company Kia) surged past Ford and GM for second in US electric vehicle sales in 2023 behind Tesla.

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Baua Electric

FEBRUARY 1, 2024

2024 Kia EV9 GT Line (Source: Kia) Kia calls the EV9’s $54,900 (not including destination) starting price an industry “wake-up call.” Kia is building the EV9 in South Korea, but production is slated to move to its West Point, GA, plant early this year to take advantage of the federal tax credit.

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Baua Electric

MARCH 1, 2024

Fisker previously relayed that over 250 dealer partners in North America have expressed interest, but only 13 have actually signed agreements. Fisker also stated the potential deal could include North American manufacturing, teeing up the potential for Federal tax credits for consumers.

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Baua Electric

JUNE 2, 2023

” Even a premium-priced establishing version is out of the query. We have a good relationship with the [dealer] network,” he mentioned. The ID4 is the only real EV from a international automaker that qualifies for the entire $7,500 in tax credit for car purchases equipped via the Inflation Aid Work.

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Baua Electric

MARCH 27, 2024

7 will be made in Volkswagen’s Emden, Germany, factory, so I can’t see it qualifying for the $7,500 Inflation Reduction Act tax credit, the way the ID.4 7 in Europe in August 2023 and pricing started at around $62k, with 285 miles of range and 435 miles of range for the Pro S.) The North American market ID.7 Rear-wheel drive ID.7

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Blink Charging

DECEMBER 19, 2023

As we approach the end of 2023, we want to acknowledge significant industry news and the remarkable accomplishments of Blink Charging throughout this year. New Leadership Changes and Team Promotions While we may be biased, we are proud to say that Blink has the best leadership team found anywhere.

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