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Tesla, VW and several other EVs that qualify for the new 2023 US EV tax credit

Teslarati

EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. The full list is as follows: 2023 Audi Q5 TFSI e Quattro (PHEV). 2022-2023 Ford Escape Plug-In Hybrid. 2023 Volkswagen ID.4.

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81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.

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Hyundai to launch a new rugged off-road IONIQ 5 XRT model in the US

Baua Electric

Hyundai has yet to launch the new IONIQ 5 in the US, but prices stayed about the same in Korea at around 52,400,000 KRW ($39,400). 2025 Hyundai IONIQ 5 N (Source: Hyundai) Hyundai to add rugged IONIQ 5 XRT trim Now, we are learning Hyundai is reportedly planning to launch a rugged XRT variant in North America.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

Electric Vehicle PR Is Driving Up the Stock Price. These announcements and PR efforts are fundamentally about GM’s long-term future but they have clearly paid off in the short term as GM’s stock price has increased 55.3% ” The Honda and Acura EVs will be manufactured at GM plants in North America.

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The Clean Vehicle Credit Is A Confusing Mess

EV Adoption

Clean Vehicle Credit Background Part of the intent of the CVC was to correct flaws in the previous tax credit known as IRC 30D, which among other things had a poorly designed cap on manufacturers of 200,000 vehicles. A phaseout of the tax credit occurred over several quarters down to zero. Confused yet?

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Flash Drive: 2024 Kia EV9

Clean Fleet Report

There are other electric SUVs with a third row, but when comparing apples-to-apples, the EV9 offers the most cabin space for the lowest base price. However, the rotating or swiveling second row seats are not available in North America. This video shows the comfort and convenience features of the EV9 interior.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

Federal EV Tax Credit. To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. The tax credit depends on the manufacturer you choose and vehicle battery.