Remove Affordable Remove Buy Remove IDEA Remove Tax Credit
article thumbnail

Here’s every electric vehicle that currently qualifies for the US federal tax credit in 2024

Baua Electric

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. More on that below.

article thumbnail

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.

article thumbnail

Ford Mustang Mach-E captures KBB’s EV Best Buy of 2022

Teslarati

Ford has captured a tremendous accolade with the Mustang Mach-E after Kelley Blue Book announced that the all-electric crossover is the Electric Vehicle Best Buy for 2022. ” (Credit: Ford). The Ford EV SUV is eligible for the maximum $7,500 federal EV tax credit, plus any other state and local incentives in your area.

Ford 104
article thumbnail

OPINION: Musk’s distaste for Biden incentives would even EV playing field

Teslarati

Tesla CEO Elon Musk had an idea during an interview last evening with the Wall Street Journal: Get rid of government incentives for everyone, including electric vehicles, gas, and oil subsidies. Instead, let the consumer buy what they want, for the price they can afford, at a time when they can afford it.

article thumbnail

Congress finally agrees on electric bike bill – but not the one everyone wanted

Baua Electric

The last electric bike bill to hit the floor of the US House of Representatives was the EBIKE Act, which sought to create a federal tax incentive for e-bike purchases. Again, this is a good idea and we should find ways to make e-bike batteries safer. I’m just a little cynical. But jeez, folks.

article thumbnail

Can Fiat win over the hearts of Americans with its new, better 500e?

Baua Electric

Fiat’s new 2024 500e (source: Stellantis) To be frank, Americans don’t buy Fiats. It starts at a reasonable $32,500 plus a $1,595 destination fee, although it’s not eligible for the $7,500 federal tax credit. The idea, says Fiat, is to create Italian vibes every time you step into the car.

Solar 52
article thumbnail

Who will be in the driver’s seat?

Electric Auto Association

The idea of running out of power and getting stranded on the side of the road can be terrifying to women for safety reasons. Education is the tool “The more we can educate women on the benefits of driving electric, the more women will buy and lease electric,” Sinclair remarked. And the marketing needs to focus on, and attract, women.