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Tesla $7,500 credit up front, Toyota affordable EVs, Ram electric vans: Today’s Car News

Baua Electric

Toyota pushes back about the viability of affordable EVs. Tesla has started applying the EV tax credit at the time of purchase —via its own website and affecting the up-front amount buyers will need to pay when buying a new Tesla. Ram introduces a lineup of electric vans. This and more, here at Green Car Reports.

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Study: People Want to Buy EVs but Costs Are Still Too High

The Truth About Cars

As it turns out, the demand is there, but costs are a significant hurdle for buyers. A recent study from KPMG found that most people are interested in buying an EV, but many cite affordability as a hurdle to ownership.& One of the things that EV antagonists often cite is a lack of buyer enthusiasm for electric vehicles.

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The Number of People Willing to Buy an EV Has Declined Since 2023

The Truth About Cars

American car buyers are 14 percent less likely to buy an EV than they were in 2023, down to 34 percent from 48 last year. Buyers cite fears about battery replacement costs and difficulties finding and using public chargers as primary concerns. EY’s findings support what we’re seeing in the industry.

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Experts discuss the remaining hurdle to EV sales

Teslarati

Experts in the auto industry believe affordability is the remaining hurdle preventing electric vehicle (EV) sales from rising. Dave Katarski, the COO of Feldman Automotive Group, observed that people tend to buy EVs when they can afford them. We’re seeing a ton of people flock to them—when they can afford them.

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Volkswagen’s new EV focus combines customer needs with affordability

Teslarati

In 2027, Volkswagen Group said it would launch a lineup of entry-level and affordably priced electric vehicles under the Brand Group Core. ” Yesterday, we reported on one of Stellantis’s ideas for increasing EV adoption: creating an affordable EV under the Jeep brand , which has a loyal following. VW wants to change that.

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These are the cheapest electric boats you can buy right now

Electrek

Electric boating is nothing new, but for a long time it has been outside the limits of most recreational boaters’ wallets. That’s not true anymore, though, as several new low-cost electric boats are starting to enter the US market.

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Greenfield PD adds Tesla police vehicles to cut costs and go green

Teslarati

While Teslas are polarizing vehicles, Greenfield Police Chief Guillermo Mixer noted that Teslas are actually safer, faster, and more affordable than their combustion-powered counterparts. The Greenfield Police Chief praised the city’s new Tesla police vehicles. “It Don’t hesitate to contact us with news tips.

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