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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

Power EV Index ( earlier post ), a new, advanced analytics tool that tracks the progress to parity of EVs with internal combustion engine (ICE) vehicles in the United States, this steady decline in price mixed with surging availability is setting the stage for a new era of EV price wars. in January. At the current trajectory, J.D.

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More affordable Polestar 2 undercuts Tesla Model 3, at $47,200 for US

Green Car Reports

The new 270-mile single-motor version of the Polestar 2 will start at $47,200 (including destination) in the United States, Polestar confirmed Thursday. Considering that Polestar qualifies for the $7,500 federal EV tax credit and Tesla.

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Help Plug In America renew the EV infrastructure tax credit

Plugs and Cars

From Plug In America: Last year, Plug In America, along with electric vehicle and EV infrastructure manufacturers from coast to coast, worked with members of the House and Senate to get a critical plug-in vehicle infrastructure tax credit into the stimulus bill. And then you helped us get it passed!

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The Tesla Model 3 RWD’s federal tax credit gets reduced to $3,750

Teslarati

The Tesla Model 3 RWD, the most affordable vehicle in the company’s lineup, will see its federal tax credit reduced from $7,500 to $3,750, as confirmed by an update on Tesla’s official Model 3 page. The reduction in the federal tax credit for the Model 3 RWD will take effect on April 18.

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Biden Administration mulls over reprieve from EV tax credits for automakers

Teslarati

One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. In March, the United States Department of Treasury published the battery sourcing guidance, which automakers must comply with to reap the tax credits from the IRA.

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Mitsubishi Motors and the State of Hawaii to begin effort on EV infrastructure and deployment

Green Car Congress

With a Manufacturer’s Suggested Retail Price (MSRP) of $27,990 for the base ES model before a federal tax credit of $7,500 and Hawaii’s clean energy rebate of up to $4,500 (subject to availability of funding), the Mitsubishi i is currently the most affordably-priced mass-produced electric vehicle available in the United States.

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SAFE and the EC report recommends policies to advance adoption of vehicle-to-grid technology

Green Car Congress

We cannot afford for V2G capabilities to be an afterthought during the electrification of our transportation system. The report highlights key federal, regional, and state policy recommendations for deploying V2G technology at scale: Federal. But policymakers must act now.

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