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New Tesla Model 3 Performance with federal tax credit is more affordable than Long Range AWD

Teslarati

This is because among Tesla’s current Model 3 lineup, only the new Model 3 Performance qualifies for the $7,500 federal tax credit. With the federal tax credit and estimated gas savings in place, the upgraded Model 3 Performance becomes more affordable than the mid-tier Model 3 Long Range Dual Motor AWD variant.

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New Jersey Approves Additional EV Road Use Taxes

The Truth About Cars

As more electric vehicles hit the roads, states are grappling with the change in tax revenues they’re seeing as a result. EV buyers don’t pay gas taxes, slashing millions out of state highway budgets and making it hard to afford planned improvements.

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With gas phase-out in view, Europe could lose $160 billion in fuel taxes

Teslarati

With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fuel taxes in the coming years. Still, the change could have some latent effects, especially as most countries get crucial revenue from taxes on gas. What about in other countries?

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Tesla just made leasing a Model 3 or Y more affordable than ever

Teslarati

Tesla just made leasing a Model 3 or Model Y more affordable than ever, offering rates as low as $329 a month for an all-electric vehicle. However, the company just slashed leasing prices for the Model 3 and Model Y , its two most popular vehicles, making it as affordable as ever to lease one of the cars with a 36-month term.

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Hyundai and Kia are gaining a competitive edge ahead of the affordable EV offensive

Baua Electric

The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. Much of the growth is thanks to rising demand for Hyundai’s electric models. For now, electric vehicles are the top priority,” Hyundai Motor Group CEO Chang Jae-hoon said earlier this month.

Kia 52
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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. Rebates & Tax Credits Don’t Help Most Americans.

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Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Buying an electric car with at least 300 miles of range is getting more affordable than ever. Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US.