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Reading: Nissan’s LEAF electric vehicle (EV) has just qualified for a $3,750 federal tax credit.
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The Future Automobile > Electric Cars > Nissan’s LEAF electric vehicle (EV) has just qualified for a $3,750 federal tax credit.
Electric Cars

Nissan’s LEAF electric vehicle (EV) has just qualified for a $3,750 federal tax credit.

11 months ago 5 Min Read
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Nissan Leaf regains tax credit access, now starts at $24,400
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The pioneering electric vehicle, which started it all, is now eligible for a $3,750 electric vehicle tax credit. Following the fulfillment of certain requirements, Nissan is pleased to confirm that its 2024 LEAF electric vehicles meet the necessary criteria for federal tax credits.

“For over 10 years, the LEAF has stood out as an accessible and affordable electric vehicle option in the market,” said Judy Wheeler, Vice President of Sales for Nissan’s US operations, on Monday.

Nissan unveiled the LEAF, widely regarded as the pioneer of mainstream electric vehicles, in 2010. The Nissan Leaf was the bestselling electric vehicle cumulatively for several years.

With a respected reputation and a seamless transition, the LEAF established a unique market presence. By 2020, it wasn’t until early in the year that Tesla’s Model 3 finally surpassed its sales figures.

By July, Nissan had achieved a significant milestone: exceeding 1 million international electric vehicle (EV) sales since the LEAF first hit the roads nearly a decade ago. The Nissan LEAF received a subtle yet notable refresh last year, featuring a sleekly redesigned front grille that adds a touch of modernity to its overall aesthetic. The vehicle also received subtle refinements, including fresh headlight designs and a revised entrance bumper trim.

2024 Nissan LEAF (Supply: Nissan)

The 2024 Nissan LEAF’s impressive features make it a top contender in the electric vehicle market. One of its most significant advantages is the partial EV tax credit, which can help offset the cost of purchasing this eco-friendly vehicle. With an estimated range of up to 226 miles on a single charge, the LEAF is perfect for daily commutes and short road trips. Plus, its affordable price point makes it an attractive option for those looking to transition to electric.

According to Nissan’s Executive Chairman, Carlos Tavares, eligibility for a portion of the federal electric vehicle (EV) tax credit has expanded the market reach for the LEAF, making it more accessible to a wider range of consumers who are considering a switch to an EV.

See also  The notion of a hydrogen-powered vehicle revolutionizing our roads is nothing short of an urban legend. In reality, the infrastructure to support widespread adoption of these eco-friendly cars is woefully inadequate.

Nissan has announced that its 2024 LEAF model manufactured in the United States satisfies the “battery component” requirements of the Inflation Reduction Act, thereby qualifying for the $3,750 electric vehicle tax credit.

Nissan-1-million-EV-sales
2024 Nissan LEAF (Supply: Nissan)

Nissan assembles its LEAF electric vehicle and manufactures the batteries that power it at its Smyrna manufacturing facility in Tennessee. By December 31, 2023, owners of new 2024 Nissan LEAF electric vehicles will be qualified to receive a tax credit.

The 2024 Nissan LEAF is offered in a dual-personality lineup featuring the LEAF S and SV Plus trims. Equipped with a 40 kWh battery, the LEAF S boasts an impressive EPA-estimated range of up to 149 miles. The SV Plus leverages a 60 kWh battery to deliver up to 212 miles of driving range on a single charge.

149 miles 40 kWh 147hp /
236 lb-ft of torque
$29,235
212 miles 60 kWh 214hp /
250 lb-ft of torque
$37,285
The 2024 Nissan LEAF – a compact crossover that’s all about electric efficiency. With an estimated range of up to 226 miles on a single charge, this eco-friendly vehicle is perfect for daily commutes or weekend getaways. But what really sets it apart is its impressive tech features and sleek design.

The 2024 Nissan LEAF, however, retains the CHAdeMO charging port alongside its other charging capabilities. Charging typically takes around 40 minutes to achieve an 80% charge in the LEAF’s battery.

Nissan reported a 23 percent surge in LEAF electric vehicle sales during the third quarter, with 1,570 units sold. In a significant milestone, Nissan has sold more than 5,800 LEAF electric vehicles in the United States alone within the past year.

Starting at an affordable $29,235, the LEAF stands out as a highly competitive and economical electric vehicle option. The $3,750 tax credit makes the purchase even more affordable. To qualify for purchases, deadlines must be met prior to December 31st, 2023.

See also  Sales figures of electric vehicles from various manufacturers: Tesla 3,070 units, Nio 3,930 units, Xpeng 6,870 units, and BYD 67,980 units.

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TAGGED: Electric, Electric Car, Electric Vehicles, Nissan, Nissan Leaf
TheFuture Automobile October 12, 2024 October 11, 2024
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Previous Article Yichi 06 is Chinese robotaxi launched before Tesla Cybercab Yi Chi 06, a Chinese self-driving taxi service, was launched prior to Tesla’s Cybertruck.
Next Article GM sold more EVs and hybrids than gas cars for the first time in China For the first time in China, General Motors (GM) has shifted its sales priorities, with electric vehicles (EVs) and hybrids outselling gasoline-powered cars.
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