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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. 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.

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

Baua Electric

Two automakers this past week, both known for affordable gasoline cars, dashed hopes of seeing more affordable EVs anytime soon. Toyota also dismisses the viability of an affordable EV —in this case, specific to the European market. 2023 Tesla Model Y – Courtesy of Tesla, Inc.

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Here are the EVs for lease under $300 a month this September

Baua Electric

With more options than ever, driving an electric vehicle has never been more affordable. A big factor behind leasing is the ability to pass on the $7,500 federal tax credit to lessees. With $3,999 due at signing, it has an effective cost of $336 per month. 4 Standard has an effective cost of $316 per month.

Kia 52
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Here are the EVs you can lease for under $300 a month this September [Updated]

Baua Electric

With more options than ever, driving an electric vehicle has never been more affordable. A big factor behind leasing is the ability to pass on the $7,500 federal tax credit to lessees. With $3,999 due at signing, it has an effective cost of $336 per month. 4 Standard has an effective cost of $316 per month.

Kia 52
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Guide to California EV Incentives

EV Life

To accomplish this, California has introduced a number of tax credits, rebates, and grants aimed at reducing air pollution and encouraging California drivers to make the switch to low-emission or no-emission vehicles. The state’s 22 million passenger cars and light trucks make up 21% of nitrous oxide (NOx) emissions and 58% of PM2.5

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Blink’s 2023 Year in Review

Blink Charging

Specifically, BlueLA powered by Blink Mobility prioritizes affordable EV car sharing in cities, while Envoy concentrates on offering sharing services as an amenity in apartments, hotels, and workplaces. Like the tax credit for new EVs, the used EV tax credit included an AGI cap and must be sold by a licensed dealer.

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5 Best Electric Car Insurance Tips for Millennials

Clean Fleet Report

The national average for electric car insurance cost is $2,280 per year. The high cost of electric car insurance can be attributed that the fact that an electric car is often more expensive than its gas-powered counterpart. One of the best ways to improve your credit score is to settle your bills on time and pay off your debts.