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New 2024 Nissan Leaf federal tax credit

Catherine by Catherine
24/10/2023
in car brand, car news
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Nissan has announced exciting news for electric vehicle enthusiasts: the 2024 Nissan Leaf is now eligible to receive a federal electric vehicle (EV) tax credit. Although the exact amount of the credit has not been specified, it is presumed to be half of the maximum allowable amount of $7,500.

Previously, the Leaf’s eligibility for this credit was questioned due to new rules established in the Inflation Reduction Act. However, Nissan has clarified that the vehicle meets the legal “battery content” requirements with both the vehicle and its battery being produced in Smyrna, Tennessee, making it eligible for a $3,750 credit.

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Although the exact reason why the Leaf does not qualify for the full $7,500 credit has not been revealed, there is speculation that it could be related to other requirements established by law, such as the origin of the materials used in the batteries.

As for pricing, the 2024 Nissan Leaf starts at $29,235 with shipping, which is a slight increase over the previous year’s model. However, the total value offered remains unchanged. Importantly, the Leaf has received efficiency improvements thanks to a battery upgrade in the 2023 model year, making it one of the most affordable electric vehicles on the market.

The Nissan Leaf stands out among the brand’s other electric vehicles due to its use of the CHAdeMO standard for fast charging on road trips. However, in the future, the Ariya crossover and other Nissan electric vehicles will adopt the standard North American charging connector developed by Tesla.

Looking ahead, Nissan plans to launch a “lifted” sedan in late 2025 that will likely replace the Maxima. This sedan is expected to be manufactured in the United States and will qualify for the federal tax credit.

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Catherine

Catherine

I am Catherine Haggui, a distinguished Luxury Goods Specialist with over a decade of experience. As Director of Luxury Retail Strategies at a leading firm, I've cultivated a reputation for curating exclusive collections, elevating brand positioning, and exceeding sales targets. Renowned for my discerning taste and global market insights, I blend artistry and commerce to redefine luxury experiences. My work involves strategic partnerships, trend forecasting, and ensuring clients receive unparalleled access to the epitome of opulence.

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