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This Volkswagen EV Now Comes with Full Tax Credit Benefits

The Truth About Cars

4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. 4, which start at a base MSRP of $38,995 before the tax credit, a more budget-friendly option in the electric SUV segment. that qualifies for the full Federal Tax credit. Sales Performance and Impact of the ID.4

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Nikola Tre FCEV receives CARB ZEP Executive Order for HVIP eligibility; $240,000 base incentive per truck

Green Car Congress

CARB’s ZEP Executive Order is a certificate of compliance with CARB regulations for zero-emission powertrains determined to meet specific emissions standards required for sale in California. The Tre BEV is also eligible for a variety of other incentives across the United States.

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EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Total US sales of plug-in electric vehicles (PEVs)—battery electric and plug-in hybrid electric—have increased in recent years, but still represent only about 0.7% of new vehicle sales in 2014 so far, up from 0.6% Several states offer tax incentives to reduce the upfront cost of PEVs to consumers.

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EV Resurgence: Is 2024 the Turning Point for Electric Cars?

The Truth About Cars

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 million units. Stability in Europe Europe is likely to witness a stable increase in EV sales, with projections of 3.4

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VinFast Went Public and Quickly Exceeded Legacy Automakers' Valuations

The Truth About Cars

Even so, it’s an encouraging sign for VinFast, whose fortunes haven’t trended positively since its launch in the United States. The company invited journalists to Vietnam to drive its new electric SUV, the VF8, only to be met with reviews ranging from “send it back” to “not ready for sale.”

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

While luxury automakers Audi, Mercedes-Benz, and Porsche all marked September 2023 with increases in pricing compared to the same month a year prior, Tesla helped offset these increases with cuts of its own in the United States. EV sales continue to increase as well, as the EV supply sits at 97 days at the beginning of October.

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Study finds car dealerships pose significant barrier to EV adoption

Green Car Congress

A new study by a team from Aarhus University in Denmark has found that car dealerships pose a significant barrier to electric vehicle adoption at the point of sale due to a perceived lack of business case viability in relation to gasoline and diesel vehicles. Their study is published in the journal Nature.

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