EV Life

JANUARY 4, 2024

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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InsideEVs

AUGUST 24, 2024

Navigating sketchy dealers who want to cash the used EV tax credit for themselves and discovering coolant leaks. It’s all there.

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EV Life

APRIL 7, 2023

That’s why it’s no surprise that the high sticker price of many electric vehicles, particularly Tesla models, has long been one of the main deterrents for people looking to buy a new car, truck, or SUV. Which brings us to Tesla. Tesla’s electric vehicles are by far the most popular EVs in the country. Not anymore.

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EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Baua Electric

MARCH 28, 2024

Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Kia America’s head of corporate communications, James Bell, told Nikkei that moving EV9 production to its West Point, GA plant will enable it to qualify for a part of the EV tax credit. FTC: We use income earning auto affiliate links.

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Teslarati

JULY 11, 2023

Such a trend, however, seems to be largely pushed by Tesla and the popularity of the Model 3 sedan and Model Y crossover. Beyond Tesla, however, it appears that the picture is much different in the United States. For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars.

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Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

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Baua Electric

JUNE 21, 2024

The 2024 Model 3 / Photo: Tesla Tesla scrapped promotional financing on the Model 3 Long Range this week after it became eligible for the $7,500 federal tax credit. As Electrek reported on June 17, Tesla and the IRS confirmed that the Model 3 Long Range All-Wheel Drive is now eligible for the full tax credit.

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Baua Electric

JUNE 25, 2024

Photo: Tesla The 2024 Tesla Model 3 RWD is now cheaper to lease than the 2025 hybrid Toyota Camry – here’s how it breaks down. You can lease the 2024 Tesla Model 3 Standard Range Rear Wheel Drive for just $299 per month over 36 months with $3,993 due at signing. In the market for a sedan? You can read more about that here.

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Baua Electric

NOVEMBER 7, 2024

Franchise-only (excluding Tesla) EV lease volumes were even higher, rising 438% throughout 2023 and 109% through September 2024. That trend continued throughout the first nine months of 2024, with the lease share of total franchise and Tesla EV volume reaching 30%. Industry-wide, just 2.4

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Baua Electric

NOVEMBER 18, 2024

Despite the EV9’s successful debut, new concerns about the EV tax credit are reportedly causing Kia to scale back — at least for now. Despite the early success, Kia reportedly plans to slow output due to new concerns over the federal EV tax credit. billion EV manufacturing plant in Georgia.

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Baua Electric

AUGUST 13, 2024

Current Audi EV financing undercuts Tesla , but it may still be possible to get a better deal overall from the U.S. A recent dealer bulletin showed 0.99% financing on all 2024 Audi EVs for up to 60 months, compared to rates of 2.99% to 6.49% for most of the brand’s other models. automaker, reports CarsDirect.

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Teslarati

OCTOBER 25, 2024

Consumers were also interested in real-world range under varying conditions, tax credits and rebates, as well as home and public charging. “Consumer interest in cleaner vehicle types continues to be strong, but many consumers still have a lot of questions. The results of Consumer Reports’ survey can be viewed below.

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Baua Electric

OCTOBER 15, 2024

As the electric SUV rolls out to dealers nationwide, the Honda Prologue is winning over buyers. After introducing a new Labor Day Dealer Cash bonus , the electric SUV featured up to $14,250 in incentives. With all models eligible for the $7,500 tax credit, Prologue prices fall potentially as low as $39,900 (not including destination).

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Green Car Congress

SEPTEMBER 5, 2014

On Thursday, Nevada Governor Brian Sandoval and Elon Musk, Chairman and CEO of Tesla Motors, confirmed what had been widely leaked the day before: that Nevada and Tesla had reached an agreement—subject to legislative review and approval—that will result in the state being the site for the Tesla Gigafactory.

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Baua Electric

AUGUST 28, 2024

According to online car research firm CarsDirect , Honda introduced a new Labor Day Dealer Cash on August 28, 2024, on all Prologue leases. With $1,999 due at signing, the effective rate is $325 per month before the $750 Labor Day Dealer Cash discount is applied. According to Cox Automotive , the new-vehicle ATP was $48,644 in June.

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Teslarati

JULY 5, 2023

The China Passenger Car Association (CPCA) recently released its monthly report, revealing that electric vehicle maker Tesla was able to sell an impressive 93,680 cars over the month. Tesla’s results suggest that concerns surrounding supply chain disruptions and weak consumer demand for electric cars are gradually dissipating.

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The Truth About Cars

OCTOBER 10, 2024

The Blue Oval has an existing offer for Tesla drivers that provides up to $1,500 off the truck. CarsDirect found the offer, which became public in an October 8 dealer note. It’s also worth noting that these incentives would be on top of state and federal tax credits and other offers.

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Baua Electric

JUNE 7, 2024

Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US. Electric vehicle prices have fallen significantly in the US after a series of aggressive price cuts led by Tesla over the past few years.

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Baua Electric

MAY 21, 2024

2024 Kia EV9 (Source: Kia) CarsDirect is busy hunting down the best Memorial Day EV deals – here are three standouts from Tesla, Kia, and Ford. Tesla Model Y Photo: Tesla As Electrek reported earlier this month, Tesla is offering 0.99% financing for 72 months on its 2024 Model Y through May 31.

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Baua Electric

JANUARY 12, 2024

With a new special cash offer, the 2024 Hyundai IONIQ 6 can be significantly cheaper to buy than the upgraded Tesla Model 3 Highand. It’s essentially like receiving the full EV tax credit with a new purchase. In comparison, the new Tesla Model 3 Highland starts at $40,380 (including destination). 361 $43,656 SEL RWD 77.4

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Baua Electric

JANUARY 16, 2024

New incentives can make the 2024 Hyundai Ioniq 6 much cheaper than the newly updated Tesla Model 3, according to CarsDirect. Updates include refreshed styling, more convenience features, and what Tesla claims is a quieter cabin. and starts at $40,380 including destination.

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EV Adoption

JUNE 21, 2022

Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates.

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Green Car Congress

OCTOBER 11, 2013

The 2014 ELR has a starting price of $75,995, including a $995 destination charge but excluding tax, title, license and dealer fees. Base price of a 60 kWh Tesla Model S—without Federal tax incentive, but with destination fee—is $71,070.) Official EPA estimates are not yet available. 2014 Cadillac ELR.

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Baua Electric

MAY 23, 2024

2024 Kia EV9 (Source: Kia) CarsDirect is busy hunting down the best Memorial Day EV deals – here’s the latest from Tesla, Kia, Ford, and now Mercedes. Click here to find a local dealer that may have the 2023 Mercedes-Benz EQB-Class in stock. Click here to find a local dealer that may have the Tesla Model Y in stock.

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Green Car Reports

FEBRUARY 12, 2014

Today on Green Car Reports: Georgia may kill its $5,000 electric-car tax credit, Ohio car dealers renew their legislative fight against Tesla Motors, and 2010 through 2014 Toyota Prius hybrids are being recalled. A chronicle of the return road trip from Florida to New York in a Tesla Model S electric car.'

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Teslarati

FEBRUARY 9, 2022

When Tesla CEO Elon Musk stated back in the Q1 2021 earnings call that he believes the Model Y will “quite likely” be the world’s best-selling car in the future, many were skeptical. The numbers from the California New Car Dealers Association’s new report would show that Musk is perhaps onto something.

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Baua Electric

JULY 11, 2024

EV brand Q2 sales growth YOY Share of the US EV market in Q2 2024 YTD segment share Tesla -6.3% Top ten EV brands in the US in Q2 2024 (Source: Kelley Blue Book) Kia outpaces rivals, Hyundai in US EV sales in Q2 2024 General Motors, Ford (7.2%), and Tesla (49.7%) were the only automakers with a higher EV market share than Kia in Q2 2024.

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Baua Electric

MAY 2, 2024

Chevy Blazer EV 2LT (Source: Chevrolet) Chevy is offering a $4,000 discount for owners and lessees of Teslas and other EVs for the 2024 Blazer EV but with some quirky conditions. As for which EVs you or your household members drive to qualify for the $4,000 discount, Tesla, of course, is on the list. So are Lucid, Rivian, and Fisker.

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Baua Electric

JUNE 10, 2024

Hyundai Motor Group, including Tesla, is gaining ground on Tesla in the US electric vehicle market. share, Hyundai and Kia are closing the (massive) gap with Tesla. While Tesla led by 52.9% Once up and running, Hyundai will begin assembling the IONIQ 5, which it expects will also qualify for the tax credit.

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Green Car Congress

OCTOBER 12, 2014

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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Baua Electric

OCTOBER 28, 2024

With new models rolling out to dealers nationwide, EV share of the total market is expected to reach over 9% again in October. And that’s before the $7,500 tax credit, which could drop prices as low as $27,500. The Honda Prologue only trailed Ford’s Mustang Mach-E, the Tesla Cybertruck, Model 3, and Model Y.

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Baua Electric

FEBRUARY 27, 2024

Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line. And that was without its electric models qualifying for the $7,500 EV tax credit (only through a leasing loophole). We can help you find the perfect model at the right price.

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Electric Auto Association

FEBRUARY 7, 2023

I want to demonstrate to real people—real working people who struggle from week to week—that ‘EV’ does not equal ‘Tesla.’” Go online, build the car you want, print the price out, and present it to the dealer’ is what they told me.” “It We can’t allow the dealers to pull this on buyers. They have a lot of tricks up their sleeves.

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Baua Electric

JUNE 17, 2024

Despite the competition pulling back, Hyundai is racing full speed ahead as it looks to close the gap with Tesla in the US electric vehicle market. Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) “Demand for our vehicles, especially EVs, remains high,” Parker said.

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Teslarati

JUNE 8, 2023

The XLT trim of the F-150 Lightning starts at $64,474 before federal tax credits and can be ordered at a Ford dealer or online. To help support its goals of expanding EV adoption, Ford recently announced it would adopt Tesla’s charging connector in the next few years. I’d love to hear from you!

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Baua Electric

NOVEMBER 13, 2024

According to estimates, the average transaction price for EV leader Tesla fell to $56,705, but it was still over 10% higher than last year. Source: Tesla) The lower prices last month were likely due to Tesla’s Cybertruck ATP falling below $100,000 for the first time. And that’s before the $7,500 tax credit.

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