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

Electrek

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. Who says electric cars are too expensive?

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Treasury lifts EV tax credit confusion over SUV price cap

Green Car Reports

Treasury Department on Friday announced an update on how vehicles will qualify as a car or an SUV under the revamped EV tax credit, now known as the clean vehicle tax credit.

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VW ID.4 tax credit, Porsche SUV price, Model Y tops sales charts, Lucid rival: Today’s Car News

Green Car Reports

Porsche puts a price on its electric SUV. 4 EV buyers will be able to claim the full EV tax credit. 4 models qualify for the $7,500 EV tax. Tesla has the top-selling vehicle on the planet, it claims. Lucid teases a Model Y rival. And many VW ID.4 This and more, here at Green Car Reports.

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Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Green Car Congress

Fisker is pricing its new Ocean electric SUV with an MSRP of US $37,499. After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit-approved customers.

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Kia to begin EV9 production in the US by May, expects $7,500 EV tax credit eligibility by 2025

Electrek

Kia’s first three-row electric SUV is off to a good start. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. However, Kia will accelerate EV9 momentum with plans to begin US production by May.

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IRS invites consumers to comment on EV tax credit qualifications

Teslarati

The Internal Revenue Service (IRS) is inviting consumers to share comments on the electric vehicle tax credit qualifications. In December, the IRS announced the vehicles that qualified for the 2023 EV tax credit. The graph below shows which Tesla vehicles qualify for the EV tax credit. Credit: IRS.

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Tesla starts applying EV tax credit at time of purchase

Baua Electric

Fewer Tesla EVs now qualify for the $7,500 federal EV tax credit, but for those that do, Tesla is now applying the credit at the time of purchase. The automaker’s website now says that eligible buyers will have the full $7,500 credit applied when they purchase their vehicles. Tesla started warning customers in Dec.