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Will EV tax credit price caps add urgency to arrival of affordable models?

Green Car Reports

Price caps included with a proposed revamped federal EV tax credit could put pressure on automakers to produce more affordable electric models, argues a new Bloomberg report. An extension of the $7,500 credit reportedly has a good chance of moving through the Senate.

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China and EV tax credit, EV affordability and battery materials, 2024 finalists: Today’s Car News

Green Car Reports

Fewer EVs with connections to China may soon be tax-credit-eligible. EVs still make up a tiny portion of the non-luxury market, yet a plunge in the raw materials needed for EV batteries could make them more affordable. And which of this year’s new EVs are the best? This and more, here at Green Car Reports.

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EV tax credit union boost, Hyundai Tucson PHEV pricing, BMW EV range: Today’s Car News

Green Car Reports

The Hyundai Tucson Plug-In Hybrid beats the RAV4 Prime on affordability. And controversy swirls over a boost being given to unions as part of the EV tax credit. A revamped version of the federal EV tax credit, lifting the. BMW is sitting out the race for more mass-market EV range. We help break down why.

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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits. With a $40,000 incentive, the Tesla Semi could be purchased at a price that is more affordable than a Tesla Model S and Model X Plaid without incentives.

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VW ID.4 AWD range, EV tax credit union pushback, “green” hydrogen from methane: Today’s Car News

Green Car Reports

Tesla, Toyota, and Honda are among the automakers pushing back about an EV tax credit that gives a boost to labor unions. Volkswagen reveals range ratings for its affordable all-wheel-drive EVs. And can hydrogen from a landfill really be greener than that from solar and wind? This and more, here at Green Car Reports.

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Toyota and Nissan EVs: With $7,500 tax credit phaseout soon, don’t miss the affordability window

Green Car Reports

The runway is looking shorter for two new affordable electric vehicles from Toyota and Nissan.

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Tax credits jump to $1,500 for e-bikes, $7,500 for electric motorcycles in Build Back Better Act

Electrek

Electric bicycles and electric motorcycles may be getting significantly more affordable in the US after tax credits for both advance closer towards becoming law. more… The post Tax credits jump to $1,500 for e-bikes, $7,500 for electric motorcycles in Build Back Better Act appeared first on Electrek.