Toyota slashes EV prices after tax credit ends
Toyota is offering discounts up to $7,000 on new EVs after the $7,500 federal tax credit was eliminated, intensifying price competition.
The discounts apply to the bZ4X model and the recently unveiled C-HR EV. Toyota's move follows the expiration of the $7,500 federal tax credit for its EVs due to new sourcing requirements. This price reduction intensifies competition with other automakers in the EV market, especially those still eligible for the full tax credit.
