Nissan Leaf regains tax credit access, now starts at $24,400
Nissan and the IRS announced today that the Leaf has regained eligibility for the federal tax credit for electric vehicles.
With now $3,750 in tax credit, the Leaf can start at just $24,400 – making it one of the cheapest EVs in the US.
Nissan, like many other automakers, has had issues keeping up with the battery component requirements to be eligible for the up to $7,500 tax credit for electric vehicles in the US.
The Leaf, which is built in Tennessee, has gained it a lost it twice since the tax credit reform was put in place last year.
With the more stringent battery component sourcing requirements that came into effect in January 2024, the vehicle again lost access to the credit.
Now, Nissan announced that the Leaf is regaining access to a $3,750 credit:
2024 Nissan LEAF vehicles manufactured in 2024 and sold on or after March 6 may be eligible for part of the U.S. federal EV tax credit provided that the customer meets all purchase and income qualifications for the EV tax credit as outlined in Internal Revenue Code Section 30D.
In a press release, Nissan says that the Leaf now meets the “battery component” requirements – gaining access to half of the full $7,500 credit. It means that The Leaf doesn’t meet the critical minerals requirement.
Considering the Leaf has a starting MSRP price of $28,140 in the US, it means that the Leaf starts at just $24,390 if you are eligible to tax credit based on your income.
Starting in 2024, the credit can also apply directly at the purchase – reducing the cost directly.
With some state and local incentives in some regions, the price of the Leaf can come down to about $20,000, which is incredible for brand new EV.
Electrek’s Take
That’s a great deal. Now, the Leaf is not perfect, especially at that price. It’s for the base version, which has a 40 kWh battery pack enabling about 150 miles of range.
But that’s still a great city car. If it meets your needs, the deal is hard to pass.
However, I would also note that the Leaf refresh is coming, and I have a feeling it’s going to be a nice one. You should keep that in mind. That said, it could also come with a price increase.
Are you ready to get behind the wheel of your new LEAF EV and take advantage of the EV tax credit? You can use our link to find a Nissan LEAF near you at a great price today.
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Jeep’s first global luxury electric SUV will arrive at US dealerships any day. Despite its $72,000 price tag, lease prices for the 2024 Jeep Wagoneer S EV start at just $599 per month.
2024 Jeep Wagoneer S EV lease prices
After unveiling its first global electric SUV, Jeep’s CEO said the Wagoneer S “marks a new chapter” in its storied history.
Jeep claims the Wagoneer S packs “exhilarating performance.” With 600 hp and 617 lb-ft of torque, the big-body SUV can sprint from 0 to 60 mph in just 3.4 seconds. Its 100 kWh battery pack also gives it a driving range of over 300 miles.
The electric SUV is unmistakably still a Jeep, but it did get several upgrades to distinguish it as an EV. The grille is now enclosed without the need to cool a massive engine, giving it a sporty, more modern look.
Jeep revamped its design with a new illuminated seven-slot grille with ambient cast lightning. It also fine-tuned its profile, adding flush door handles, a rear wing, and integrated fins for better airflow.
The first Jeep Wagoneer S Launch Edition models get exclusive dark accent design elements like 20″ Gloss Black Wheels.
Inside, the electric SUV is loaded with the latest tech and connectivity, including a best-in-class 45″ of usable screen space. The setup includes a 12.3″ center screen and an exclusive 10.25″ interactive front passenger screen.
Jeep already announced that the 2024 Wagoneer S EV will start at $71,995, but now the company has revealed lease prices for the first time.
According to Jeep, the 2024 Jeep Wagoneer S Launch Edition can be leased for $599 per month for 36 months (10,000 miles per year). The deal includes $4,999 due at signing and a $7,500 EV incentive. However, you may want to act fast, as Jeep’s offer is only good until December 2, 2024.
| Jeep Wagoneer S vs Tesla Model Y | Starting Price | Range | Lease Price |
| Jeep Wagoneer S Launch Edition | $71,995 | +300 miles | $599/mo |
| Tesla Model Y RWD | $44,990 | 320 miles | $299/mo |
| Tesla Model Y AWD | $47,990 | 308 miles | $399/mo |
| Tesla Model Y AWD Performance | $51,490 | 279 miles | $599/mo |
In comparison, Tesla Model Y RWD lease prices start at $299 for 36 months with $2,999 down (10,000 miles). The Performance AWD model starts at $599 per month. In an end-of-year promo, Tesla also offers 3 months of free Supercharging and Full Self-Driving.
Ready to drive off in your new electric SUV? We can help you get started. You can use our links below to view offers on the Jeep Wagoneer S and Tesla Model Y at a dealer near you.
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Caltrain, the 160-year-old San Francisco to San Jose rail corridor, has ditched diesel and is now fully electric.
This makes Caltrain’s zero-emission service from San Francisco to San Jose the first diesel-to-electric transition in North America in a generation. To celebrate, Caltrain is offering free rides this weekend on its new half-hourly weekend service, and it’s hosting events at every city along the corridor.
The new electric service is also faster and more frequent. During peak hours, trains will run every 15 to 20 minutes at 16 stations along the corridor. Express service from San Francisco to San Jose will take less than an hour, and weekend service will be twice as frequent as before.
Each trainset will have seven cars instead of the previous five to six. The new electric trains accelerate and decelerate faster than the diesel fleet, allowing more frequent stops in the same amount of time.
The trains were built by Stadler US at their facility in Salt Lake City, Utah. After they were assembled, they were sent to a test facility in Pueblo, Colorado. where they were tested at high speeds under numerous conditions as required by the Federal Railroad Administration.
The new electric trains are not just better for the environment; they’re also a big upgrade for passengers. Riders can now enjoy perks such as free wifi, more seat power outlets, and expanded under-seat storage. Plus, the ride is much quieter.
Serving the region since 1863, Caltrain is the oldest continually operating rail system west of the Mississippi. The Electrification Project is fully funded by federal, state, and local partners.
Read more: ‘UK-first’ intercity battery trial train outperforms diesel
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