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The RAV4 EV's battery system is a consumable item. Toyota reports that battery pack replacement costs are currently higher than the value of the used vehicle. [16] Toyota tested the RAV4 EV in Japan for 300,000 miles (480,000 km) over two years before introducing the vehicle in the United States.
The vehicle, called the RAV4 PHEV (RAV4 Prime in North America until model year 2025), is powered by a differently-tuned 2.5-litre A25A-FXS engine with the same power output as the standard hybrid version but with uprated torque to 228 N⋅m (168 lb⋅ft) at 2,800 rpm. It has a total power output of 225 kW (302 hp), which is 62 kW (83 hp ...
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. [39] The Toyota Prius Plug-in Hybrid, released in January 2012, is eligible for a US$2,500 tax credit due to its smaller battery capacity of 5.2 kWh. [40]
The generous lease provisions of the federal EV tax credit allow for a $7,500 deduction for all leased vehicles, $7,500 for buying certain new EVs, and $4,000 for purchasing used EVs.
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