article thumbnail

The Honda Prologue Gets Major Boost with Federal Tax Credit Eligibility

The Truth About Cars

The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale. Tax credits bring the Prologue’s starting price down to $41,295 after a $1,395 destination charge.

article thumbnail

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 starts with an MSRP of $38,995 for the Standard variant, which has a 62 kWh battery and an EPA-estimated range of 209 miles. The 2023 ID.4 Volkswagen sells the 2023 ID.4 Only VW ID.4

article thumbnail

The Nissan Leaf is Eligible for a $3,750 Tax Credit Again

The Truth About Cars

The Nissan Leaf was already the most affordable EV on sale, but recent changes have made it even cheaper. The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. has a free-trade agreement.

article thumbnail

Chevy Blazer EV stop-sale ends with drastically lower prices, full tax credit eligibility

Baua Electric

The Chevy Blazer EV stop-sale finally ended Friday after almost three months. With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. The company confirmed it was temporarily pausing sales to fix a software quality issue.

article thumbnail

This Volkswagen EV Now Comes with Full Tax Credit Benefits

The Truth About Cars

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. that qualifies for the full Federal Tax credit. Sales Performance and Impact of the ID.4

article thumbnail

Hyundai 2023 IONIQ 6 EV to start at $41,600; 53 kWh pack option with 240-mile range

Green Car Congress

The IONIQ 6 SE Standard Range with a 53-kWh battery pack has an MSRP of $41,600 ($42,715 including delivery) and will be available in limited quantities this summer; range is an estimated 240 miles. The IONIQ 6 SE Long Range with an EPA-estimated 361 miles of range from its larger 77.4

Hyundai 284
article thumbnail

2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

Baua Electric

The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000. The 2024 Honda Prologue starts at $47,400 (excluding a $1,395 destination fee) with up to 296 miles EPA range.