Why You Should Wait Until January 2024 to Buy an EV
Starting in January 2024, eligible buyers can transfer a significant $7,500 federal tax credit directly to the dealer, resulting in lower point-of-sale prices.
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Starting in January 2024, eligible buyers can transfer a significant $7,500 federal tax credit directly to the dealer, resulting in lower point-of-sale prices.
There's an optimistic forecast for EV sales volumes in 2024 thanks to a major revision to the federal clean vehicle credit.
Key Findings Premium EVs Far More Affordable than Mass Market EVs, on Relative Basis: The extra cost that premium automobile buyers are paying to own an electric vehicle (EV) vs. a comparable internal combustion engine (ICE) vehicle is significantly lower than that paid by mass market buyers.
Tesla's Supercharger network is more reliable than competitors, according to J.D. Power's most recent E-Vision Intelligence Report. Tesla drivers are able to charge around 96 percent of the time at a public Supercharger port.
An increase in EV supply and big incentives make EVs more affordable for mainstream consumers in the U.S., J.D. Power says.