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Volkswagen ID.4 with SK ON battery components eligible for full $7,500 tax credit in 2024

Teslarati

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 units with batteries from SK On qualify for federal tax credits. 4 EV may choose to apply the tax credit as a down payment for the vehicle. The 2023 ID.4 Only VW ID.4

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J.D. Power: First-time owners find switching to EVs highly satisfactory

Green Car Congress

The overall EVX ownership index score measures electric vehicle owner satisfaction in both premium and mass-market segments. We know from our research that many consumers have concerns during the purchase consideration process with aspects like battery range and vehicle charging. PP100) and squeaks and rattles (13.4

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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. Cox also found that about 51% of consumers are now considering the purchase of a new or second-hand EV. Electric cars currently account for about 6.5% That’s up from 38% in 2021.

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Tips for purchasing a new EV amid a vehicle shortage

Plug in America

It can be difficult to switch to green vehicles in this market, but not impossible as there are a record number of EV models available to order, and thousands of used EVs available across the country. . Our sister site, PlugStar , lists all available vehicles for purchase or order in one place.

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Hyundai undercuts Tesla Model 3 by $9,300 with 2024 IONIQ 6 special cash offer

Baua Electric

Hyundai is offering a $7,500 purchase incentive on the 2024 IONIQ 6. It’s essentially like receiving the full EV tax credit with a new purchase. The cash offer could bring the IONIQ 6’s MSRP of $38,615 down to just over $30,000 ($31,115) as one of the most affordable EVs on the market.

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Hyundai sold nearly 269,000 electric vehicles last year as IONIQ 5 and 6 spark growth

Baua Electric

The South Korean automaker plans to strengthen its leadership in the EV market, with new models gaining momentum. The company saw solid sales growth across key markets, including North America, Europe, and India. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit.

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

Constant price fluctuations power the fuel market. A small margin in the market drastically affects the cost of fuel and its availability. Car dealerships will advise you on the frequency of maintenance needed at the time of purchase. You can now purchase an electric vehicle at a fair price due to the existing tax credits.