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2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

Electrek

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.

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2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

Baua Electric

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.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

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. It does not act as a rebate (until 2024).

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The Best Electric SUVs on the Market

EV Life

These spacious, versatile, and family-friendly vehicles offer drivers the best of many worlds in one, so it’s no surprise that the release of electric SUVs on the market was highly anticipated and met with excitement by EV fans and SUV enthusiasts alike. Prices have been coming down while ranges have steadily increased.

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Tesla updates Model S and Model X: Price cuts, free paint, and no more Standard Range

Teslarati

Amidst the rollout of the Model 3 Project Highland to several territories such as China , parts of Europe , and the UAE , Tesla has also implemented updates for its two flagship vehicles, the Model S sedan and Model X SUV. As per Tesla, the Model S Long Range now starts at $74,990, a 15% reduction over its previous starting price of $88,490.

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Volkswagen aims to debut new affordable electric vehicles in 2027 with prices around $22,000

Baua Electric

Volkswagen is aiming for its new low-cost electric vehicles to debut in 2027. The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). Meanwhile, after failing to find an agreement with VW, Renault still plans to launch a low-cost Twingo e-Tech successor, starting around the same price.

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Tesla rolls out slight Model S, Model X, and Model Y price increase in the US

Teslarati

Tesla has rolled out a minor price increase for the Model S sedan, Model X SUV, and the Model Y crossover in the United States. The changes to the vehicles’ prices were reported by EV observers on social media. The new prices represent a $1,000 increase in the cost of the two flagship electric cars in the US.

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