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Both the Nissan Leaf electric vehicle and the Chevrolet Volt plug-in hybrid, launched in December 2010, are eligible for the maximum $7,500 tax credit. The Toyota Prius Plug-in Hybrid, released in January 2012, is eligible for a $2,500 tax credit due to its smaller battery capacity of 5.2 kWh.
The Toyota Prius Plug-in Hybrid, released in January 2012, was eligible for a $2,500 tax credit due to its smaller battery capacity of 5.2 kWh. [278] All Tesla cars and Chevrolet Bolts were eligible for the $7,500 tax credit.
The Rogue PHEV will likely arrive for the 2026 model year and will compete against plug-in hybrid versions of the Hyundai Tucson, Kia Sportage, and Toyota RAV4.
Toyota RAV4 Hybrid. This compact SUV starts at about $31,900 but is a practical and efficient vehicle with an estimated EPA combined fuel economy of 40 mpg.
The Tesla Model Y is the first electric vehicle to become the world's best-selling car in 2023, outselling the Toyota Corolla. [1]Battery electric vehicles are vehicles exclusively using chemical energy stored in rechargeable battery packs, with no secondary source of propulsion (e.g., hydrogen fuel cell, internal combustion engine, etc.).
Prices for the 2025 RAV4 Plug-in Hybrid kick off at $43,865 (before destination fees), and Toyota says that the PHEV model will reach dealerships in "limited quantities" in late 2024.
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