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New Tesla Model 3 Performance with federal tax credit is more affordable than Long Range AWD

Teslarati

But while the new Model 3 Performance stands out from the upgraded Model 3 Rear Wheel Drive (RWD) and the upgraded Model 3 Long Range Dual Motor All Wheel Drive (AWD) in terms of design, the vehicle also stands out in terms of price. This is quite evident in the reengineered Model 3 sedan’s order page.

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Pyka awarded $7M California tax credit to expand manufacturing of zero-emission autonomous aircraft

Green Car Congress

Pyka, a developer of autonomous electric aviation technology, was awarded a $7-million California Competes Tax Credit with the California Governor’s Office of Business and Economic Development (GO-Biz), approved last week by the California Competes Tax Credit Committee.

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EV tax credit supply chain rules ease, but China restrictions remain

Green Car Reports

In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market.

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Tesla models eligible for IRA tax credits in 2024

Teslarati

As everyone greets the new year, Tesla updated its website according to the Inflation Reduction Act’s (IRA) requirements for the electric vehicle (EV) tax credits. Most of Tesla’s other models—including the Model X—are eligible for the full tax incentives. The Teslarati team would appreciate hearing from you.

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Lexus RZ range boost, tariff on China EVs, Ford and GM lose EV tax credit: Today’s Car News

Green Car Reports

EV tax credit qualification gets murky in the new year. And the Lexus RZ EV gets a lower-priced base model with more range. The 2024 Lexus RZ 300e adds more driving range to the only EV in the Toyota luxury brand’s U.S. An even higher tariff on Chinese EVs is being considered. With a slightly.

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Tesla announces it will lose entire $7,500 tax credit on base Model 3 trims

Electrek

Tesla announced today that it will lose the entire $7,500 federal tax credit on Model 3 RWD and Long Range, the two least expensive versions of the popular electric car, starting next year. more… The post Tesla announces it will lose entire $7,500 tax credit on base Model 3 trims appeared first on Electrek.

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These are the EVs that still qualify for the $7,500 tax credit in 2024

Teslarati

electric vehicle (EV) tax credit have taken effect, significantly limiting the number of qualifying options in 2024. Despite the list of qualifying EVs getting shorter , the 2024 guidance also lets sellers offer the rebate at the point of sale , rather than buyers being forced to wait until doing their taxes.