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

Baua Electric

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. The 2024 Honda Prologue starts at $47,400 (excluding a $1,395 destination fee) with up to 296 miles EPA range.

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

Baua Electric

After kicking off production of its first global electric SUV in February, the Honda Prologue began hitting US dealerships in March. Powered by GM’s Ultium platform (the same one underpinning Chevy, Cadillac, and GMC EVs), the Honda Prologue includes up to 296 miles range. And that’s with up to 320 miles range.

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GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share

Baua Electric

GM expects new models like the Chevy Equinox EV and improved battery production will help regain EV market share in the second half of the year. GM’s Cadillac Lyriq and GMC Hummer EV both saw solid sales growth in Q1, with 5,800 (+499%) and 1,668 units sold, respectively. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share

Baua Electric

GM expects new models like the Chevy Equinox EV and improved battery production will help regain EV market share in the second half of the year. GM’s Cadillac Lyriq and GMC Hummer EV both saw solid sales growth in Q1, with 5,800 (+499%) and 1,668 units sold, respectively. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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Cadillac teases new Opulent Velocity performance EV concept, is it too little too late?

Baua Electric

General Motors has already pushed back production of several key electric models, including the Equinox EV, Silverado EV, and GMC Sierra Denali EV. After regaining eligibility for the $7,500 EV tax credit, the Chevy Blazer EV 2LT AWD starts at $42,695 (including the credit).

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News: 2023 Chevrolet Bolt EV/EUV Get Big Price Drop

Clean Fleet Report

These big price reductions, $5,900 for the Bolt EV and $6,300 for Bolt EUV, makes them more competitive as Chevrolet no longer qualifies for the federal $7,500 tax credit. In August 2021 Chevrolet stopped production of both models as there was a battery recall. News: 2020 Chevrolet Bolt To Get 259 Miles of Range.

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Toyota 3-row EVs, Tesla price cuts, electric G-wagen, airless tires: The Week in Reverse

Baua Electric

The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made last weekend. Badged the G 580 with EQ Technology, this model will allow a trick G-Turn on low-friction surfaces, and it might return more than 300 miles of EPA range.

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