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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.

Price 404
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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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President Biden proposes $174B spend on EVs and chargers

Green Car Congress

Giving consumers point of sale rebates and tax incentives to buy American-made EVs, while ensuring that these vehicles are affordable for all families and manufactured by workers with good jobs. Electrifying the federal fleet, including that of the United States Postal Service. Climate science and clean energy.

Climate 268
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Study finds shifts to renewable energy can drive up energy poverty

Green Car Congress

McGee said that in nations such as the United States where fossil fuel energy is substituted for renewable energy as a way to reduce carbon emissions, it comes at the cost of increased inequality because the shift to renewable energy is done through incentives such as tax subsidies.

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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.

Hawaii 247
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President Obama, DOT Secretary Foxx announce $600M for 6th round of TIGER funding for transportation projects

Green Car Congress

As outlined by the President, the proposal relies upon tax reform for about half of its funding—i.e., closing some tax loopholes and changing how businesses are taxed, resulting in about $150 billion. 4 billion to attract private investment in transportation infrastructure. intermodal projects.

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Report: Tesla To Build Fabled Affordable Electric Car in Germany

The Truth About Cars

New reports state that Tesla is working toward an affordable EV model and note that it will produce the vehicles at its German location near Berlin. While the Model 3’s prices have fallen in recent times, the least expensive model in the line is $38,990 before tax credits and local incentives. We’re back here again.