article thumbnail

2020 Audi A8 TFSI e plug-in hybrid carries starting price of $94,000

Green Car Congress

Audi anticipates that customers purchasing the 2020 Audi A8 TFSI e will be eligible for a federal tax credit of up to $6,795. The Audi virtual cockpit is also updated to display battery data and range statistics. By comparison, the starting MSRP for a 2020 Audi A8 55 TFSI quattro with automatic transmission is $85,200.

Audi 332
article thumbnail

Nearly two-thirds of U.S. consumers still have little experience with EVs

Teslarati

Credit: Consumer Reports The organization also notes that consumer willingness to purchase an EV tends to increase as EV experience increases, remaining statistically significant even when controlling for demographics and EV ownership history. this year instituted a $7,500 tax credit that becomes available at the time of purchase.

article thumbnail

An Overview of Charging Incentives in Oregon

EV Connect

According to statistics from Portland General Electric, the average annual fuel cost for an electric vehicle is approximately $500, compared to around $1,500 for a gasoline-powered vehicle. Customers can also use Pacific Power's fast charging stations, federal tax credits, and state incentives.

Oregon 89
article thumbnail

US plug-in hybrid sales hit a record high in 2023

Baua Electric

With the price positioning of plug-in hybrids no longer as favorable versus hybrids in 2023—especially without the EV tax credit—it’s cause to wonder whether there is a lot more demand for them. The Energy Department statistics were released shortly after a report that General Motors will add plug-in hybrids to its U.S.

Plug-in 52
article thumbnail

J.D. Power: First-time owners find switching to EVs highly satisfactory

Green Car Congress

Among owners who cite incentives as a key purchase driver, 79% received a federal tax credit/rebate, but only 59% of that group say it was very easy to receive. Rankings are based on numerical scores, and not necessarily on statistical significance. PP100) and squeaks and rattles (13.4 There’s essentially more to go wrong.

Power 259
article thumbnail

Tesla heading towards new delivery record in Q4 despite demand concern narrative

Teslarati

The strategy is perceived by some Tesla bulls as a way for the EV maker to attract customers this quarter, or at least before the Inflation Reduction Act (IRA) restores federal tax credits of up to $7,500 for specific electric vehicles starting January 1.

Tesla 98
article thumbnail

Buying an EV amid high demand and supply chain issues

Plug in America

Recurrent allows you to see a used vehicle’s battery health and compare it to battery health statistics of the same make and model. Also, be sure to check with your local state and city municipalities for EV incentives such as reduced electricity rates, tax credits, or rebates to help make the transition to an EV or PHEV easier. .

Buy 98