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Tesla’s cheapest Model 3 with the 2024 tax credit might surprise you

Teslarati

Treasury’s updated guidance on the federal electric vehicle (EV) tax credit has officially taken effect. With some of Tesla’s vehicles losing access to the credit in 2024, one Model 3 configuration is currently looking more appealing than ever. However, sightings of the Model 3 Highland in the U.S.

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Inflation Reduction Act mandates escalating battery critical mineral requirements to qualify for EV tax credit

Green Car Congress

The Inflation Reduction Act , which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 ( earlier post ). Among the changes are an extension of the tax credit through 2032, the removal of the unit-sales cap of 200,000 per OEM, and a new mandate for qualified cars being assembled in North America.

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Tesla launches limited-time 0.99% APR loan rate on U.S. Model Y orders

Teslarati

Tesla has launched its latest buying incentive for the Model Y, this time offering a special, super-low interest rate for those who purchase the SUV by the end of this month. In February, Tesla began offering promotional pricing on the Model Y with a $1,000 discount through the end of the month in North America.

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Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles 

Electric Vehicles India

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . The bicycle market in India is valued at USD 0.9 The Indian electric bicycles market growth is valued at USD 0.1 billion, a fraction of the European market. billion with 15 million bikes a year. Rad Power Bikes.

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Tesla selling Model 3 demo vehicles in inventory at a slight discount

Teslarati

On Saturday, multiple users spotted demo Model 3 units on Tesla’s inventory website in multiple markets, selling with a little over a thousand miles on the odometer and at discounts of hundreds of dollars compared to buying them new. a handful of times in the months in between then and the North American launch.

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Tesla has cut the price of the Model Y for a limited time

Teslarati

can also get access to a $7,500 federal tax credit , and unlike in past years, the money becomes instantly available upon purchase. Depending on where a buyer lives, they may also be able to gain additional tax credits, potentially bringing the purchase price down substantially. Buyers in the U.S.

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J.D. Power launches EV Index; measuring roadblocks to EV adoption, parity to gas-powered vehicles

Green Car Congress

Power EV Index, an analytics tool to track the growing EV market in the United States. This factor measures the potential commitment to purchasing an EV based on voice of the customer and online behavioral data. Power has introduced the J.D. Whn the index hits 100, parity has been achieved. Availability. Infrastructure.

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