Honda's first electric SUV qualifies for full EV tax credit

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Honda's first electric SUV qualifies for full EV tax credit
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The tax credit can make the starting price of the Honda Prologue as low as $39,900.

Most people who buy Honda’s first-ever electric SUV will be able to take advantage of the full $7,500 EV tax credit offered by the U.S. government."The federal tax credit applies to the purchase of all 2024 prologues built after Feb. 26, 2024," the automaker said Thursday in a press release. "All 2024 Prologues will qualify when leased.

Honda has described the Prologue as a "spacious, adventure-ready" midsize SUV that can travel nearly 300 miles with a fully-charged battery. It comes in three different trims – EX, Touring and Elite. There are two-wheel and all-wheel drive configurations available for the EX and Touring, while the Elite can only come with all-wheel, according to Honda.The automaker first revealed plans to make the Prologue in the summer of 2021.

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