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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. And Tesla buyers can now get the $7,500 EV tax credit up front—if they qualify. This and more, here at Green Car Reports. Toyota is the latest automaker to dismiss the viability of an affordable EV —in this case, specific to the European market.

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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

The trend is consistent with steady growth in availability and affordability. Overall affordability has also improved by a similar margin, rising to 85.6 Overall affordability has also improved by a similar margin, rising to 85.6 Likewise, the Bolt EUV has seen its total cost of ownership fall to $30,900. in January.

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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

The number of plug-in electric cars nearly doubled from 40 to more than 70 vehicles this year, including attractive SUV crossovers in the $40,000 range like the Ford Mustang Mach-E and the Volkswagen ID4. Rebates & Tax Credits Don’t Help Most Americans. How Incentives & FinTech Can Get You In an EV.

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Suzuki Motor working on affordable hybrid for small cars, says R C Bhargava, Maruti to consider plug-in hybrids too | Autocar Professional

Baua Electric

Amid slowing adoption of electric vehicles, Maruti Suzuki -the country’s largest car maker continues to explore different alternatives to move towards carbon neutrality. If that is aligned with lower GST also, I think you can look forward to small cars with much higher mileage than what they have today,” explained Bhargava.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending. Two automakers this past week, both known for affordable gasoline cars, dashed hopes of seeing more affordable EVs anytime soon. inch infotainment screen. 2023 Tesla Model Y – Courtesy of Tesla, Inc.

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Tesla wants India’s government to consider lowering import taxes

Teslarati

Tesla is seeking lower import taxes on electric vehicles in India by writing to the country’s government ministries. The electric car company said it would boost demand and generate revenue for the government. This would impose a 100% tax on all of its vehicles, except for this configuration.

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2022 Nissan LEAF becomes most affordable EV with sub-$30k MSRP

Teslarati

Nissan’s 2022 LEAF has established itself as the most affordable electric vehicle in the U.S. The base LEAF S has an unbelievably low starting price of just $27,400 before incentives, with federal tax credits potentially bringing the cost of the vehicle down to the sub-$20,000 level. Credit: Nissan.