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Final EV Tax Credit Details and More EV News

Electric Auto Association

Many Americans want to know if their next EV purchase qualifies for a full, half, or any tax credit. kWh battery pack The “e” symbol designates that the cars qualify for the U.S. EV tax credit. A tax credit of $3,750 can now be given to automakers if critical minerals fall under the new Clean Vehicle Credit.

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2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

Baua Electric

Who says electric cars are too expensive? The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000. With the credit, the Prologue’s starting price falls below $40,000.

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Volvo XC40 Recharge EV to start at $53,990 in US before qualifying tax incentives

Green Car Congress

The purchase of an XC40 Recharge may qualify for a federal tax credit of up to $7,500. Volvo Car Group is the first company to team up with Google on integrating an infotainment system powered by Android, with the Google Assistant, Google Maps and the Google Play Store built-in.

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Ford Focus Electric in California qualifies for $10K in tax credits, HOV access

Green Car Congress

California buyers of the Ford Focus Electric will be able to receive up to $10,000 in tax credits ($2,500 state, $7,500 federal) and enjoy high-occupancy vehicle lane (HOV) access after the car was just approved for California’s Clean Vehicle Rebate Program ( CVRP ). 3 and 7, respectively, for the worst congestion in the US.

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Volvo C40 Recharge EV coming to US with $58,750 MSRP

Green Car Congress

The Volvo C40 Recharge pure electric will start at an MSRP of $58,750 in the United States before tax credits. All Volvo Car model year 2022 pure electric vehicles in the United States will come with 250 kWh of complimentary charging on Electrify America’s network, to be used within the first 3 years.

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Firefly & Hyundai Motor America create pilot program to offer rideshare fleets & drivers new vehicles with bonus income up to $3,600/year

Green Car Congress

Firefly, a fast-growing in-car and car-top mobility media company and a Google Ventures-backed startup, will collaborate with Hyundai in promoting its vehicles—including EVs—to rideshare fleets and drivers across key US cities. The program will be available everywhere Firefly is on the road.

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Honda undercuts Tesla Model Y after slashing Prologue EV lease prices to $399/mo

Baua Electric

Other key features include Google built-in, Apple CarPlay and Android Auto compatibility, and a wireless phone charger. With the $7,500 EV tax credit, the 2024 Honda Prologue price falls as low as $39,900 (without destination). With the $7,500 federal tax credit, Tesla Model Y prices fall to as low as $37,490.

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