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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Power EV Index ( earlier post ), a new, advanced analytics tool that tracks the progress to parity of EVs with internal combustion engine (ICE) vehicles in the United States, this steady decline in price mixed with surging availability is setting the stage for a new era of EV price wars. Consumers responded immediately with a 3.4

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Ford Focus Electric in California qualifies for $10K in tax credits, HOV access

Green Car Congress

California buyers of the Ford Focus Electric will be able to receive up to $10,000 in tax credits ($2,500 state, $7,500 federal) and enjoy high-occupancy vehicle lane (HOV) access after the car was just approved for California’s Clean Vehicle Rebate Program ( CVRP ). 3 and 7, respectively, for the worst congestion in the US.

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Top 15 Nissan LEAF markets in US in 2013

Green Car Congress

Top 15 LEAF market year-to-date in 2013. Nissan provided a list of the top 15 markets in the US for the Nissan LEAF battery-electric vehicle. Four of the top 15 markets are in California: San Francisco (1), Los Angeles (2), San Diego (7) and Sacramento (8). —Erik Gottfried, Nissan director of EV Sales and Marketing.

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

Green Car Congress

Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. These incentives are in addition to a federal (nationwide) tax credit, which ranges from $2,500 to $7,500 depending on battery capacity and gross vehicle weight. Electric vehicles per 1,000 vehicles.

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Honda may build an EV factory in Canada featuring in-house battery cells

Teslarati

It’s also expected to help the automaker gain access to EV tax credits in the U.S. Canada has enacted a plan to ban the sale of new internal combustion engine (ICE) vehicles by 2035 , dubbed the Electric Vehicle Availability Standard, and following in the footsteps of the European Union (EU) and U.S.

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Rivian (RIVN) adds R1S SUV to lease program and expands to additional states

Baua Electric

Although these flagship models first hit the market in 2021, the ability to lease one was not an option until late last year. Rivian ($RIVN) looks to continue its momentum in 2024 following a relatively strong second half of 2023 and looks to do so on the wings of its two passenger EV models – the R1T pickup and R1S SUV.

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2016 Hyundai Sonata Plug-In Hybrid coming to market with EPA-estimated 27-mile electric range; starts at $34,600

Green Car Congress

The Sonata Plug-in Hybrid is built at the Asan, South Korea plant and will be available in California, Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Vermont. Sonata Plug-in Hybrid buyers will be eligible for a $4,919 federal tax credit.

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