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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The Clean Vehicle Tax Credit for new EVs is worth up to $7,500 and the Previously Owned Clean Vehicle Tax Credit is worth up to $4,000. Here’s what you need to know.

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Inflation Reduction Act mandates escalating battery critical mineral requirements to qualify for EV tax credit

Green Car Congress

The Inflation Reduction Act , which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 ( earlier post ). Among the changes are an extension of the tax credit through 2032, the removal of the unit-sales cap of 200,000 per OEM, and a new mandate for qualified cars being assembled in North America.

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Hyundai introduces 2018 Sonata Hybrid and Plug-in Hybrid models at Chicago Auto Show

Green Car Congress

Hyundai unveiled the redesigned 2018 Sonata Hybrid and Plug-in Hybrid models at the Chicago Auto Show. Although the powertrains remain the same, the new Sonata Hybrid and Plug-in Hybrid feature a comprehensive exterior and interior redesign, safety, suspension and new and improved infotainment and connectivity features.

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Confused about the federal tax credit? 

Electric Auto Association

Know which EVs are eligible Chrysler Pacifica Plug-in Hybrid The Inflation Reduction Act of 2022 changed the rules for the US tax credit for electric vehicles (EV) purchased from 2023 to 2032.

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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Equinox EV price, EV dependability, plug-in hybrids a harder sell, EVs and guardrails: Today’s Car News

Baua Electric

EVs and plug-in hybrids are more trouble-prone, suggests an annual survey. The 2024 Chevy Equinox EV will qualify for the $7,500 EV tax credit The post Equinox EV price, EV dependability, plug-in hybrids a harder sell, EVs and guardrails: Today’s Car News appeared first on Bauaelectric Auto News.

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US plug-in hybrid sales hit a record high in 2023

Baua Electric

Plug-in hybrids reached record sales in 2023, with more than 250,000 vehicles sold, or about 20% of total plug-in vehicle sales, according to the Department of Energy. The combined market share of hybrids, plug-in hybrids, and EVs rose to 16.3% Plug-in vehicle sales by calendar year, 2010-2023 (via U.S.

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