The Driven EV News

JUNE 6, 2023

Tesla rejigs supply chain to ensure entry level Model 3 qualifies for full IRA tax credit. The post Tesla Model 3 now has lower purchase price than Toyota Camry in California appeared first on The Driven. Combined with California's own rebate a new Tesla now costs less than a base model Toyota Camry.

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Purchase California Toyota Tax Credit 92

Teslarati

MARCH 16, 2024

Tesla has announced plans to increase the price of its Model Y in multiple regions in the coming weeks, including in the U.S. According to a note on Tesla’s website , the price of all three Model Y configurations will increase by $1,000 in the U.S. also offer additional local tax credits on electric vehicles (EVs).

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Tax Credit Price Tesla Tax 115

Blink Charging

JANUARY 11, 2024

The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The Clean Vehicle Tax Credit for new EVs is worth up to $7,500 and the Previously Owned Clean Vehicle Tax Credit is worth up to $4,000. Here’s what you need to know.

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Tax Credit Tax Clean Cleaning 119

The Truth About Cars

MARCH 6, 2024

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.

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Green Car Congress

MAY 3, 2023

Customers can still include a 3-year subscription as part of the vehicle purchase, if they prefer. Updated Pricing The above reflects MSRP as of 2 May 2023. The Mustang Mach-E qualifies for potential Inflation Reduction Act federal tax credits in 2023 of $3,750. The new features of BlueCruise 1.2

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Standards Range Ford Price 417

Teslarati

JANUARY 2, 2024

Treasury’s updated guidance on the federal electric vehicle (EV) tax credit has officially taken effect. The Tesla Model 3 Long Range (LR) and Rear-Wheel-Drive (RWD) configurations are no longer eligible for the $7,500 tax credit as of January 1. Elon Musk congratulates Tesla team on 2023 numbers What are your thoughts?

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Tax Credit Tax Highlander North America 112

Teslarati

JANUARY 9, 2024

Hertz is selling off some of its Tesla models that were formerly rentals, and the vehicles are currently available at some pretty low prices. As part of the Rent2Buy vehicle sales program on its website , Hertz has listed hundreds of its early Tesla rentals for sale at fairly low prices. I need some advice from my Tesla peeps.

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Price Tax Credit Tesla Purchase 141

Teslarati

FEBRUARY 10, 2024

Tesla has reduced the price of the Model Y on its website, noting that the discount will only be available for the remainder of this month. Interstingly, the automaker also writes that “prices will increase by $1,000 or more” starting on the first day of next month. “Prices will increase by $1,000 or more on March 1.”

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Price Tax Credit Tesla Purchase 123

Teslarati

JANUARY 25, 2024

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. Hyundai & Kia take second place after Tesla in US EV sales Customers interested in purchasing a MY 2023 or MY 2024 ID.4

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Tax Credit Tax Batteries Battery 102

Baua Electric

MARCH 6, 2024

Nissan and the IRS announced today that the Leaf has regained eligibility for the federal tax credit for electric vehicles. With now $3,750 in tax credit, the Leaf can start at just $24,400 – making it one of the cheapest EVs in the US. Starting in 2024, the credit can also apply directly at the purchase – reducing the cost directly.

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Tax Credit Tax Nissan Tennessee 52

Teslarati

OCTOBER 29, 2021

Malaysian government officials are petitioning and working toward making electric vehicles exempt from taxes, including import and excise duties, as well as road taxes. According to Paultan , a Malaysian automotive news site, supporting politicians are proposing a 100% exemption from the road tax for EVs.

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Malaysia Tax Buy Purchase 145

Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. The legacy automaker recently announced that its customers will benefit from the full $7,500 clean vehicles purchase incentive across its entire EV fleet lineup under a given MSRP cap.

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Tax Credit Silverado Chevrolet Tax 112

Blink Charging

APRIL 13, 2023

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV. What is the federal US Used Clean Vehicle tax credit?

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Tax Credit Tax Clean Cleaning 95

Blink Charging

NOVEMBER 16, 2023

To encourage clean and energy-efficient vehicle adoption, the United States government has made significant changes to the Clean Vehicle tax credit, to take effect from January 1, 2024. These changes make it easier for drivers to access tax credits when purchasing clean vehicles. What Is the Clean Vehicle Tax Credit?

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Green Car Congress

AUGUST 21, 2022

Lithium carbonate prices in China rose slightly to 480,500 yuan/tonne in mid-August, remaining close to the record-high of 500,000 from March and 400% higher year-on-year as soaring demand drove expectations of extended supply deficits. Lithium is expected to trade at 484,185.00 by the end of this quarter. Earlier post.).

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Carbon Batteries Battery Lithium Ion 483

EV Life

JANUARY 11, 2024

With climate change awareness increasing, gas prices continuing to climb, EV charging stations expanding, and tons of new EV options hitting the market each year, it’s no surprise that electric vehicle purchases are skyrocketing. By offsetting purchase costs, these incentives make emissions-free vehicles attainable for more residents.

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Tax Credit Tax Colorado Tesla 52

Baua Electric

JANUARY 26, 2024

After announcing 2024 Solterra prices and updates, Subaru made a goof on its press release. Subaru mistakenly said some 2024 Solterra owners will qualify for the $7,500 EV tax credit. Despite the upgrades, Subaru kept the starting price the same. Hill confirmed, “The tax credit may be available to those who lease the vehicle.”

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Teslarati

JULY 29, 2022

Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits.

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Teslarati

JUNE 8, 2023

A look at Tesla’s official pages for the Model 3 sedan and Model Y crossover shows that the electric vehicle maker is highlighting the fact that the electric cars are eligible for the IRA’s $7,500 tax credit. “If eligible, state & local incentives can drop prices as low as $20k in certain states!”

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Tax Credit Price Tesla Tax 128

Baua Electric

MARCH 7, 2024

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. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000.

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Baua Electric

APRIL 19, 2024

Tesla has dropped the price of the Model Y, Model S and Model X by $2,000 each in the US. Model 3 prices remain the same, as do prices of the newly-released Cybertruck. After that discount lapsed, it warned buyers ahead of time that prices would increase again by $1,000 at the end of the quarter. Cheapest US Model Y ever?

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Price Tesla Tax Credit Cheap 52

Teslarati

JANUARY 12, 2023

As per a recent update on Tesla’s official website, the company’s best-selling vehicles — comprised of the Model 3 sedan and the Model Y crossover — have been given substantial price cuts. . The top tier Model 3 Performance, on the other hand, now costs $53,990, $9,000 less than its previous $62,990 price.

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United States Tax Credit Price Tesla 145

Teslarati

AUGUST 7, 2023

Used Teslas will now qualify for the $4,000 tax credit through the Inflation Reduction Act (IRA) that is applicable for electric vehicles (EVs), Plug-In Hybrid Electric Vehicles (PHEVs), and Fuel Cell Electric Vehicles (FCEVs). It must have a sale price of $25,000 or less. The price change was 30.5 I’d love to chat!

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Tax Credit Tax Tesla Purchase 87

EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives? 4 , and more.

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The Truth About Cars

DECEMBER 14, 2023

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. This is curious since there’s every chance in the world some buyers will defer their purchase until they have a chance to sample that powertrain and learn its price tag.

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Lexus Price Buy Tax 105

Baua Electric

APRIL 22, 2024

Kia and Genesis are two of the latest to slash EV prices with generous deals. 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. 2024 Kia EV9 (Source: Kia) Until then, Kia is offering a $7,500 rebate on EV9 purchases to level the playing field.

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Kia Price Tax Credit Lexus 52

Green Car Congress

FEBRUARY 24, 2021

These high prices result from uncommonly large fixed costs that are bundled into kilowatt-hour prices and passed on to customers. Key findings from the report include: California IOUs’ prices for electricity are out of line with the rest of the country.

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Affordable Tax San Diego California 221

Green Car Congress

JANUARY 25, 2020

Audi is pricing its 2020 A8 TFSI e plug-in hybrid with a MSRP of $94,000 in the US. Audi anticipates that customers purchasing the 2020 Audi A8 TFSI e will be eligible for a federal tax credit of up to $6,795. Joining the flagship sedan model line, the Audi A8 TFSI e serves as the first plug-in hybrid variant of the A8.

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Teslarati

FEBRUARY 11, 2023

Tesla has bumped the price of the Model Y Performance up by $500 in the United States, the second time in one week that the automaker has increased prices on its premier version of the all-electric crossover. Tesla Model Y Performance trims are now priced at $58,490, up $500 from $57,990. I’d love to hear from you!

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Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! If you’ve been wondering how all these purchase incentives work, Blink has you covered.

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Tax Credit Tax Electric Vehicles North America 72

Teslarati

FEBRUARY 3, 2023

Tesla’s complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act, as the Internal Revenue Service (IRS) has increased the applicable MSRP limit to $80,000 across each of the all-electric crossover’s configurations. According to a report from Bloomberg , the U.S.

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Tax Credit Tax Tesla SUV 97

Teslarati

MARCH 12, 2024

After looking through Tesla’s inventory in Malaysia, the only Model 3 listed is a Long Range Dual Motor AWD variant priced at RM 223,000. Meanwhile, the Dual Motor AWD variants are priced at RM 246,000 to RM 288,000 for the Long Range and Performance units, respectively. EV owners qualify for 100% road tax exemption.

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Malaysia Tesla Highlander Tax 118

EV Adoption

JULY 4, 2022

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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Fuel Tax Tax Electric Vehicles Fuel 98

Teslarati

JANUARY 14, 2023

The Tesla Model 3 price cuts have put the cost of a new base Tesla Model 3 lower than that of some used Tesla Model 3s in some cities. due to the recent price cuts. The recent price cuts enable buyers to purchase a base Model 3 for $43,990, and with the EV tax credit, that price is further reduced.

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Price Tax Credit Tesla Tax 98

Teslarati

MAY 12, 2023

Tesla has rolled out a minor price increase for the Model S sedan, Model X SUV, and the Model Y crossover in the United States. The changes to the vehicles’ prices were reported by EV observers on social media. The new prices represent a $1,000 increase in the cost of the two flagship electric cars in the US.

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Setec Powerr

APRIL 26, 2023

One such incentive is the electric car tax credit, designed to help offset the initial cost of EVs for buyers. Section 1: Overview of the Electric Car Tax Credit in 2023 1.1 In 2023, the tax credit remains available for eligible new electric vehicles but has undergone some changes compared to previous years.

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Tax Credit Tax Electric Cars Cars 52

Teslarati

FEBRUARY 7, 2023

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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