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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Additionally, both manufacturers recently announced significant price cuts on both models.

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Tesla price cut: Model Y undercuts Model 3 by $5,000 with tax credit

Green Car Reports

Tesla on Saturday once again cut prices on several of its models for the U.S. market, as part of around-the-world price cuts. The base price of the Model Y rear-wheel drive has dropped $2,000 versus last week, to $44,630, while the. Given the cuts, anyone considering the Model 3 and Model Y in the U.S.

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Used Tesla prices, VW EV sales gains, Leaf and Ariya: Today’s Car News

Green Car Reports

Prices on used Tesla vehicles have soared over the past year. VW is still trailing Tesla on EV deliveries. And the Nissan Leaf and Ariya will coexist in the lineup—but for how long if the EV tax credit isn’t re-upped? This and more, here at Green Car Reports.

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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

EVs cost an average of $9,406 per year (including the purchase price) to run compared to $7,952 annually for gas vehicles (including the purchase price). Although fuel costs are the most ‘present’ cost on peoples’ minds, insurance and tax and also see running costs creep up.

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Tesla embraces new immediate EV tax credit system

Teslarati

Tesla has embraced the new immediate use of the EV tax credit, which was announced last year by the IRS and Department of the Treasury. In October , the IRS and Department of the Treasury announced that it would issue new guidance regarding the EV tax credit, with the changes taking effect in 2024. Buying an EV?

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Tesla drops price of Model S/X, Model X now qualifies for US tax credit

Electrek

Tesla has cut prices on the Model S and X, with price drops of 15-19% in the US on all trim levels (and similar cuts in the rest of the world), except for the brand-new Standard Range model which was introduced just over two weeks ago and is now no longer available.

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Tesla Touts Tax Credits & Price Cuts

CleanTechnica EVs

Tesla has juggled its prices once again, lowering the price of the Model 3 RWD by $1,000 and the Model Y by $2,000. It has also added a RWD version of the Model Y for North America.