#ev-incentives

#ev-incentives

The electric cargo van was great to drive, shockingly refined and offered 200 miles of real-world range. The problem was, the loaded extended-wheelbase model I drove was $93,563. I couldn't quite square whether that was a fair value, given its low running costs, and that no one else really offers a van like this. Now, I don't have to. Mercedes just put a $30,000 incentive on 2024 models (yes, 2024 modelsyou read that right), making them a slam-dunk deal.

The uncertain future will affect U.S. emissions, the strategies of legacy automakers, and maybe the very survival of some EV startups. Driving the news: U.S. EV sales smashed records in Q3, new Cox Automotive data shows, as consumers rushed to tap credits and dealers rushed to move cars. "EV sales volume in Q3 was up 40.7% from the previous quarter and higher by 29.6% year over year," it found.

On Sept. 22, TikTok user @legacy7mama posted a video asking her viewers if she has reason to worry that she will no longer receive a tax credit, likely referring to the Clean Vehicle Tax Credit under the Inflation Reduction Act. I ordered my 2026 Tesla Y on Sept. 9. It's not here yet. I have nine days left in the month until I don't get the tax credit, she explained. So I'm slightly freaking out. Okay. I'm really freaking out.