Remove California Remove Chevrolet Remove Recharge Remove Tax Credit
article thumbnail

Chevrolet cuts price on Spark EV; with incentives and “bonus cash”, as low as $14,995

Green Car Congress

Chevrolet has lowered the price on the Spark EV 1LT to a new manufacturer’s suggested retail price starting at $25,995, down from $26,820. Depending on an individual’s tax situation, the Spark EV ( earlier post ) is eligible for federal tax credit up to $7,500.

Chevrolet 150
article thumbnail

Chevrolet to begin selling Spark EV in Maryland

Green Car Congress

Chevrolet will start selling the Spark EV in Maryland this spring, the electric mini-car’s first entry into the East Coast market. The Spark EV is also sold in California and Oregon, where sales totaled 1,145 in 2014. The Spark EV is also sold in California and Oregon, where sales totaled 1,145 in 2014.

Maryland 150
article thumbnail

Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

EV Adoption

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

article thumbnail

Road Test: 2023 Volvo C40 Recharge Twin AWD Ultimate

Clean Fleet Report

Road Test: 2023 Volvo C40 Recharge Twin AWD Ultimate The First Volvo Compact SUV Coupe EV The 2023 Volvo C40 Recharge was the first electric-only and the smallest SUV from Volvo, falling in-line with the EX90 and XC40 Recharge. In the 310 total miles we drove through Southern California we averaged 30.6 kWh per 100 miles.

article thumbnail

Best lease-to-own EV deals

Baua Electric

We found that current factory lease offers on 22 different EV models dispel that myth with terms that pass the entire commercial clean vehicle Federal tax credit to the lessee, enabling the lessee to eventually own the vehicle for thousands of dollars less than paying cash upfront or taking out a loan.

Tax 52
article thumbnail

What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

In GM teaser videos we saw hints of future electric GMC and Chevrolet pickups and what clearly looks like a Camaro. In the 12 months since sharing the forecast below, multiple new crossover/SUV EVs including the Mustang Mach-E, Volvo EC40 Recharge, Polestar 2, Tesla Model Y Standard Range, Nissan Ariya, VW ID.4,

GM 116
article thumbnail

Road Test: 2023 Toyota RAV4 Prime XSE AWD PHEV

Clean Fleet Report

Clean Fleet Report traveled 442 miles in our week driving through Southern California. Pushing Hold button will recharge the battery as you are driving. SE – $44,425 XSE – $48,295 The RAV4 Prime qualifies for federal and state tax credits that could reduce your final cost. The overall average was 46.7

PHEV 67