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While $32,740 is a relative deal in a new car market where the average price is around $45,000, more incentives can be had on EVs like the Model 3 that pull prices even lower.
RepairPal estimated the cost of parts and labor for a new battery in a 2024 Prius is between $3,000 and $5,000, but purchasing a battery pack for an out-of-warranty hybrid may exceed the vehicle ...
In addition, other tax incentives for electric vehicles were introduced. In November 2020 the government decided to keep the innovation bonus until the end of 2025, but for plug-in hybrid cars to be eligible they must have a minimum electric range of 60 km (37 mi) from 2022 and at least 80 km (50 mi) from 2025. [108]
Existing incentive programs are also set to phase out after a given maker sells 60,000 hybrid vehicles, so more popular models like the Toyota Prius are no longer subject to a tax credit. [7] Incentives may also vary based on how well the car in question performs in these “green” categories. [8]
On the more efficient end of the spectrum, a Tesla Model 3 could have a battery as small as 60.9 kWh and consume around 224 Wh/mi, while the monstrous 9640-lb GMC Hummer EV has a 212.7-kWh battery ...
As of December 2020, the Tesla Model 3 all-electric car is the all-time best selling plug-in electric car with an estimated 395,600 units delivered, followed by the Tesla Model S electric car with about 172,400, and the Chevrolet Volt plug-in hybrid with 157,125 units of both generations.
Car and Driver placed the 2025 model at $3,500 less expensive than its 2024 version. Chevrolet Bolt This is another reliable car that may see big price drops in 2025.
If the gas price is US$3, a plug-in hybrid with a range of 10 mi (16 km) is the least costly option even if the battery cost is $200/kWh. Although quick chargers can reduce charging time, they contribute little to energy cost savings for PHEVs, as opposed to Level-2 chargers .
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related to: hybrid car with biggest battery cost to charge model 3 price after incentives