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The Nissan Leaf is Eligible for a $3,750 Tax Credit Again

The Truth About Cars

The Nissan Leaf was already the most affordable EV on sale, but recent changes have made it even cheaper. The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. has a free-trade agreement.

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Lucid Gravity to Debut at Next Month's LA Auto Show Ahead of Late-2024 Production

The Truth About Cars

The new Gravity will be unveiled at this year’s LA Auto Show in mid-November and will enter production late next year. Lucid’s vehicles are noteworthy but far from affordable, leaving the company with a bit of a demand problem. & [Image: Lucid] Become a& TTAC insider.

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Upcoming Changes to the Clean Vehicle Tax Credit Explained

Blink Charging

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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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges.

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Auto Lobby Wants Input on Government EV Policy Before Changes Are Made

The Truth About Cars

Unfortunately, this has left many with product lineups overloaded with models loads of households can no longer afford. Interestingly, making vehicles more fuel efficient also gradually lowers the amount of fuel taxes collected due to the fact that drivers would be spending less money at the pump.

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Fat Cars: Report Reveals What We Already Know About Vehicle Weight

The Truth About Cars

It has also ensured electrified autos carry around higher price tags simply by nature of having more materials going into their construction. years) and automakers continue culling the smallest and most affordable models from the lineup. The average age of cars on U.S. roads is now at record highs (12.5

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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

With government incentives also beginning to wane, affordability remains a major concern for many motorists. A quick search on Auto Trader brings up more than 8,500 results for used BEVs and nearly 7,000 results for used plug-in hybrids, spanning 33 manufacturers and hundreds of models – from hatchbacks and hybrids to coupes and convertibles.

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