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This Volkswagen EV Now Comes with Full Tax Credit Benefits

The Truth About Cars

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. that qualifies for the full Federal Tax credit. This development makes these models of the ID.4,

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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

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Volkswagen ID.4 becomes Top 3 most affordable U.S. EV, but there’s a catch

Teslarati

4 will be the third most affordable electric vehicle offering in the United States, but the German automaker will nerf performance to reach the price point. The vehicle will now have a starting price of $37,495 instead of $39,995 and, with federal tax credits, will be just under a $30,000 vehicle at the base model.

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Progress! IRA signed into law

Electric Auto Association

EV provisions The legislation creates a new and used EV tax credit, extending the tax credit on some new EVs to 2032 while shifting tax incentives to more affordable models that are manufactured in North America. This will support millions more low- and middle-income families than the original credit.

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Tesla Model 3 receives full EV incentives with new loophole

Teslarati

The Tesla Model 3 now qualifies for the full $7,500 EV incentive thanks to a new loophole in the tax incentive system. The EV tax credit changes currently preventing most EVs from receiving incentives are “ battery sourcing” requirements. What do you think of the article?

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Proposed Changes to Federal EV Tax Credit – Part 3: MSRP Must Be Less Than $80,000

EV Adoption

Should expensive electric vehicles be excluded from the federal electric vehicle tax credit (IRC 30D)? While this question is often hotly debated on social media, the proposed changes to IRC 30D would draw a line in the sand and establish an $80,000 MSRP cap on the credit.

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Nissan Leaf – Taking Reservations

Revenge of the Electric Car

After a federal tax credit and state rebate, the price of these cars will come out at around a cool 20k. Read more about it in the San Jose Mercury News Article: Reservations for the all-electric Nissan Leaf start Tuesday. Here is the text of the entire article, in case the link goes bad: [link]. By Dana Hull.

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