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VW ID.4 tax credit, Porsche SUV price, Model Y tops sales charts, Lucid rival: Today’s Car News

Green Car Reports

Porsche puts a price on its electric SUV. 4 EV buyers will be able to claim the full EV tax credit. 4 models qualify for the $7,500 EV tax. Tesla has the top-selling vehicle on the planet, it claims. Lucid teases a Model Y rival. And many VW ID.4 This and more, here at Green Car Reports.

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Porsche is offering a $22,500 discount off 2024 Taycan leases

Baua Electric

Photo: Porsche Porsche is offering up to a $22,500 discount off the MSRP on 2024 Taycan EV leases, but before you get too excited, let’s check the fine print. EVs built overseas, such as the Taycan , don’t qualify for the Inflation Reduction Act’s $7,500 tax credit when they’re purchased, but they do qualify for it if they’re leased.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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BMW is Willing to Pay to Attract Customers from Other EV Brands

The Truth About Cars

Cars Direct reported that the BMW 2024 BEV Conquest Program includes several other brands, including Audi, Mercedes-Benz, Polestar, Porsche, Rivian, and Lucid. While not currently eligible for federal tax credits, BMW’s EVs can be leased to receive the $7,500 discount others get. Ford Mustang Mach-E and VW ID.4

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Automotive Execs Speculate About Hypothetical EV Camaro and Mustang Sedan

The Truth About Cars

He stated that he believes the future GM remains electric and that a sports coupe focused on sublime driving dynamics and a lower price point would be preferable to a model that’s focused on lap times and output figures. While Farley said Ford did not want to copy Porsche’s playbook, it does appear to want to target its business.

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Polestar says Tesla is not the competition but Porsche’s new Macan EV is

Baua Electric

If anything, the new Porsche Macan EV is. After slashing prices last year, Tesla’s cheapest Model 3 starts at just $38,990. The Model Y starts at $44,990, and that’s before the $7,500 EV tax credit. Included, prices start as low as $37,490. But the new Porsche Macan EV could be. Tesla sold 1.8

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How EV adoption is soaring in unlikely circumstances, and what could make it better

Teslarati

Automakers across the EV manufacturing industry have been forced to adjust prices and vehicle lineups due to the increased cost of materials and supply chain deals. Rivian was forced to push prices upward due to materials costs soaring after Russia’s invasion of Ukraine, and these examples are just two of many. .