The Driven EV News

JUNE 6, 2023

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

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Purchase California Toyota Tax Credit 111

InsideEVs

JULY 28, 2022

Tesla, GM, and Toyota may become eligible for the tax credit again, and it won't be geared toward rich people or pricey EVs.

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Tax Credit Tax Price GM 90

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. This is great news for Tesla fans, as many Tesla models qualify for the credit.

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Tax Credit Tax Colorado Tesla 52

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

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Tax Credit Tax Electric Vehicles North America 72

EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

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Tax Credit Tax Manufacturer Parts 111

Green Car Reports

OCTOBER 9, 2023

The EV tax credit shifts toward a point-of-sale rebate. And do you want a car that offers all-wheel drive and about 50 mpg, for a price under $30,000? A review of the Toyota Corolla Hybrid reminded us that it’s very good. Rivian gets more efficiency from a larger battery pack. The battery pack in.

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Tax Credit Toyota Hybrid MPG 101

Green Car Reports

APRIL 18, 2023

Toyota is testing low-carbon fuels for its plug-in hybrids. The Tesla Model Y is now challenging ICE models in price. The IRS posts its shortlist of models qualifying for the $7,500 EV tax credit. And Polestar and Lincoln are among the brands that have saved global reveals for China’s Shanghai auto show.

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Tax Credit Toyota Hybrid PHEV 122

EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

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Tax Credit Tax Sale Plug-in 98

The Truth About Cars

APRIL 5, 2024

Toyota, a noted EV skeptic, finally delivered the bZ4X crossover in 2023. Despite only releasing pricing for the EV in January, CarsDirect reported that Toyota’s lease deal cuts monthly lease payments down to $299 per month for a 36-month lease with $3,999 down. Image: Toyota] Become a& TTAC insider.

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New York Toyota Tax Credit General Motors 110

Green Car Reports

OCTOBER 21, 2023

Which long-running EV nameplate reclaimed eligibility for the EV tax credit? Which automakers this week announced a shift to the Tesla-based NACS charge port? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending October 20, 2023.

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Lexus Tax Credit PHEV Concept 125

The Driven EV News

JUNE 7, 2023

Australian lithium might be the key ingredient in helping Tesla qualify all its US made Model 3 variants for full EV tax credit, helping them beat Toyota Camry on price. The post How Australian lithium helped Tesla make Model 3 cheaper than Toyota Camry appeared first on The Driven.

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Toyota Tax Credit Tesla Tax 88

Baua Electric

APRIL 27, 2024

Which automaker priced its hardware set allowing its EVs to back up the home? The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made last weekend. Toyota confirmed a second 3-row U.S. dealerships to sell its EVs.

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Toyota Price Land Rover Tesla 52

Teslarati

MARCH 16, 2024

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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Tax Credit Aston Martin Auto Tesla 141

Teslarati

APRIL 26, 2022

Subaru has announced pricing details for the upcoming Solterra EV that it unveiled last November at the 2021 Los Angeles Auto Show. The all-electric SUV Solterra EV is a near-twin of the Toyota bZ4X , another all-electric vehicle that the Japanese automaker launched earlier in 2022. Subaru debuts Solterra EV collab with Toyota, U.S.

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Tax Credit Price Los Angeles Tax 98

Electrek

FEBRUARY 25, 2024

There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. The list now includes ten models with factory offers that rival lease terms on low-priced ICE vehicles such as the Toyota Camry LE, Chevy Equinox LT, and Honda HR-V LX.

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Tax Credit Honda Tax Toyota 123

Electrek

OCTOBER 22, 2023

Pricing pressure from Tesla , increased EV supply , IRA Tax credit , and the looming model year changeover have spurred legacy automakers to continue sweetening incentives on their electric vehicles. more… The post EV leases sub-$400/month: Ioniq 6, Solterra, Niro, Mini, more appeared first on Electrek.

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Tax Credit Tax Honda Toyota 122

Green Car Reports

APRIL 26, 2022

For buyers that can claim the full $7,500 federal EV tax credit, the base price is effectively lowered to $38,720. The 2023 Subaru Solterra, the automaker's first mass-market EV, will start at $46,220 (including destination), Subaru confirmed Monday.

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Tax Credit Toyota Tax Price 133

Green Car Reports

SEPTEMBER 25, 2021

What issue is splitting automakers’ support of a proposed EV tax credit expansion? Which affordable electric vehicle earned top safety recognition? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending September 24, 2021.

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Tax Credit Tucson Range PHEV 143

Green Car Congress

SEPTEMBER 1, 2020

US respondents are most likely to buy an EV if the government offers a federal/state tax credit. Most other countries were split as well, with the exception of China and India, where 65% and 77% of respective respondents would still purchase an EV without a tax credit.

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Tax Credit Global Vehicles Tax 186

InsideEVs

MAY 2, 2023

The model is not eligible for the $7,500 federal tax credit.

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Tax Credit EPA Price Tax 95

Green Car Congress

OCTOBER 9, 2013

Toyota has reduced the MSRP on the 2014 Prius Plug-in Hybrid by more than $2,000, making the starting MSRP $29,990 (excluding dealer preparation and handling, DPH). This price repositioning on the base Prius Plug-in Hybrid is not accompanied by any reduction in vehicle content.

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Prius Plug-in 2014 Rhode Island 210

Baua Electric

APRIL 23, 2024

Toyota is now leasing its one all-electric car, the bZ4X, for just $129/mo and $2k down. Toyota has been dipping its toe into the EV water, mostly focusing on hybrids rather than electric cars. Last quarter, Toyota only sold 1,897 copies of the bZ4X in the US, a 9% increase over the previous year but only accounting for.4%

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Toyota Cheap Dealers Tax Credit 52

Teslarati

APRIL 28, 2022

Tesla’s electric vehicles are premium-priced, but their financing deals make them quite compelling against their rivals in the EV market. In comparison, an electric vehicle from, say, Toyota, with its bZ4X, does not have a dedicated financing deal. It’s not just Toyota either.

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Financing Price Toyota Tax Credit 98

Baua Electric

JANUARY 20, 2024

The 2024 Hyundai Elantra Hybrid gets a price hike—and more of a price bump versus non-hybrid Elantra models, although the Elantra Hybrid does now get the larger 10.3-inch Looking at the latest “Highland” Model 3, as priced last week, it undercuts the Tesla by $9,000. inch infotainment screen. with other markets to follow.

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Affordable Honda Hyundai Toyota 96

Teslarati

MARCH 18, 2023

Oregon’s electric vehicle incentive program that was widely publicized for bringing the price of a Tesla Model 3 well below $30,000 is being suspended for a year starting in May because it is running out of money. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com.

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Oregon Price Tesla Tax Credit 98

Clean Fleet Report

DECEMBER 22, 2023

Here is the truth: when owning a 2023 Toyota RAV4 Prime XSE AWD PHEV, you will never buy gasoline for probably 90% of your regular driving. The Toyota parallel hybrid drivetrain has a non-turbocharged 2.5-liter With 302 total system horsepower, the RAV4 Prime is the quickest Toyota SUV with 0-60 mph times of 5.4

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PHEV Toyota Gasoline-Electric Gasoline 68

The Truth About Cars

APRIL 23, 2024

At around $70,000 to start, the brand’s R1T pickup and R1S SUV are out of reach for most buyers, even after the $3,750 federal tax credits for some models. Oh, and you’ll have to trade in a gas vehicle to get the price cut. Of course, discounts don’t usually come without terms attached, and Rivian is no exception.

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Gas Tundra F-150 2018 111

Baua Electric

MARCH 13, 2024

Nissan weighs partnership with Honda to lower EV prices As automakers look to prevent falling further behind EV leaders like BYD , partnerships could become more common According to Nikkei , Nissan may take the plunge as it weighs a partnership with Honda to develop more affordable EV tech. The partnership could include a new EV platform.

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BYD Honda Chinese Nissan 52

Teslarati

FEBRUARY 23, 2023

Tesla’s entry-level vehicle, the Model 3 RWD, is now priced below the average cost of a new car in the United States. With Tesla’s price reduction efforts this year, vehicles like the base Model 3 have become cheaper than some new combustion-powered cars.

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Tax Credit Tesla Cars Tax 111

Teslarati

JUNE 10, 2022

A new survey shows that prospective electric vehicle buyers are considering Tesla over any other brand as more buyers consider electrified options due to soaring gas prices. Additionally, the 2022 Toyota RAV4 Hybrid was a market leader among hybrid shoppers. Gas prices have risen to $4.50 According to the U.S.

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Tax Credit Tesla Gas-Electric Tax 100

Green Car Congress

SEPTEMBER 21, 2016

Toyota announced the pricing for the 2017 model year Mirai fuel cell vehicle. Mirai customers also may qualify for an $8,000 federal tax credit and $5,000 potential California rebate along with access to the California HOV carpool lane. MY17 MSRP remains $57,500 plus an $865 destination fee.

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Toyota 2017 Miles Fuel 150

The Truth About Cars

JUNE 8, 2023

If you’re shopping on price alone and live in California, the choice might become a lot simpler after this news. The base Model 3 starts at $40,240, which can drop as low as $25,240 after accounting for the $7,500 federal EV tax credit and the $7,500 California tax credit.

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California Tax Credit Tesla Tax 52

The Truth About Cars

JULY 12, 2023

Part of the issue with some EV models is their sky-high price tags, and the most expensive models aren’t eligible for government tax credits. Some models, such as the Toyota RAV4 Prime, have extremely low inventory levels, while hybrids have an average of 44 days of supply.

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Dealers Tax Credit Gas-Electric Auto Industry 98

Green Car Reports

SEPTEMBER 16, 2011

Toyota has announced pricing on two new models from its Prius family: the 2012 Toyota Prius Plug-In and the 2012 Toyota Prius V. And it's clarified that both of these vehicles, classified as new models, qualify for a fresh federal tax credit of $2,500.

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Prius 2012 Plug-in Toyota 102

Teslarati

APRIL 28, 2023

This spike in interest was initially detected in February and March of the previous year, a time that saw rising gas prices amid the escalating war in Ukraine. Peak search interest occurred in October, which was around the time when new rules for the US’ federal EV tax credit were being implemented.

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Electric Vehicles Tesla Vehicles Tax Credit 145

Baua Electric

MARCH 12, 2024

When it’s time to replace their cars, many Toyota Prius owners choose another of the hybrids, according used-car retailer CarMax. 2017 Toyota Prius Toyota also had the highest loyalty as a brand, with 28.5% 2017 Toyota Prius Toyota also had the highest loyalty as a brand, with 28.5%

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Prius Lexus Tax Credit Toyota 52

Green Car Reports

DECEMBER 3, 2014

Financial and other incentives are widely viewed as a good way to kickstart the adoption of new green vehicles, largely to compensate for their higher prices against conventional gasoline cars. But just as Toyota is building up to next fall''s launch of its 2016 Mirai hydrogen fuel-cell vehicle in the U.S.

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Tax Credit Tax Hydrogen Fuel 127