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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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82% of BEVs & PHEVs Available in the US in 2022 Have a Base MSRP of $40,000+

EV Adoption

Out of 82 BEVs and PHEVs that are either currently available for sale in the US, or expected to be so by the end of 2022, 67 of them, or 81.7%, have a base manufacturer’s suggested retail price (MSRP) higher than $39,999, according to new analysis from EVAdoption. Average Transaction Prices. Fifteen or 18.3% 4 ($3,735).

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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). kWh) Ferrari SF90 Stradale (8.8 The MSRP price caps by vehicle body type are: Vans: $80,000. kWh) Kia Niro PHEV (8.9

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Fuel-cell Honda CR-V review, Genesis GV60 test, Fisker Ocean price cut: The Week in Reverse

Baua Electric

Which automaker outlined an all-of-the-above electrified approach for the near future, including hybrids, PHEVs, and a 3-row electric SUV? Which luxury brand teased radiant cabin heat for a future electric SUV? 2025 Polestar 4 2025 Polestar 4 pricing was confirmed Wednesday.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

Price tag: about $25,000, made from 95% recyclable materials with a top speed of 65 miles per hour and range of 110 miles per charge. Tax credit incentives are also available to consumers in the U.S. If you want the car to drive you someplace, the batteries will take the price over $40,000. market b y the end of 2009.