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Lexus RZ range boost, tariff on China EVs, Ford and GM lose EV tax credit: Today’s Car News

Green Car Reports

EV tax credit qualification gets murky in the new year. And the Lexus RZ EV gets a lower-priced base model with more range. The 2024 Lexus RZ 300e adds more driving range to the only EV in the Toyota luxury brand’s U.S. An even higher tariff on Chinese EVs is being considered. With a slightly.

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2024 Lexus GX Priced From $64,250

The Truth About Cars

The delightfully angular new Lexus GX, planned for deliveries early next year, has been given a price tag by the company’s pencil-necked accountants. & & Remember, for now, every 2024 Lexus GX is equipped with the same engine. The 2024 Lexus GX is expected to arrive at dealerships early in the 2024 calendar year.

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Lexus PHEV review, GM EV delay, EV6 price cut, Toyota and Nissan concepts: The Week In Reverse

Green Car Reports

Which long-running EV nameplate reclaimed eligibility for the EV tax credit? The 2024 Lexus TX 550h+ plug-in hybrid is the best version of. Which automakers this week announced a shift to the Tesla-based NACS charge port?

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KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Green Car Congress

The average transaction price (ATP) of a new vehicle in the US hit a record high in December at $49,507—an increase of 1.9% ($927) from November and up 4.9% ($2,297) from year-earlier levels. However, the average price paid for a new EV decreased in December by $3,594 (down 5.5%) compared to November and ended the year lower by 0.6%.

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Tesla is no longer just a luxury brand, says major auto outlet

Teslarati

One major automotive outlet says Tesla is no longer just a luxury brand, in part due to its unique pricing strategy over the past few years. Tesla price cuts push EV market toward affordability with broader influence In 2022, Tesla’s prices were higher and were competing with companies such as Mercedes-Benz, Aston Martin and Lexus.

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Kia EV9, Genesis EV prices cut with generous $7,500 discount offer

Baua Electric

Kia and Genesis are two of the latest to slash EV prices with generous deals. That’s more than Lexus and Lucid. 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. Genesis is slashing EV prices with a $7,500 rebate of its own.

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Tesla brand consideration drops by 3% in Q4, but it doesn’t mean much

Teslarati

However, KBB believes Tesla will trend upward on the Q1 2023 consideration study as the company slashed prices in the U.S. market by 13 percent in January and now has its entire Model Y lineup qualifying for government tax credits. Lexus, at 19 percent, and Cadillac, at 18 percent, round out the top 3.