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Final EV Tax Credit Details and More EV News

Electric Auto Association

Many Americans want to know if their next EV purchase qualifies for a full, half, or any tax credit. kWh battery pack Est. 0-62 mph time is 9.4 kWh battery pack Est. 0-62 mph time of 8.2 kWh battery pack The “e” symbol designates that the cars qualify for the U.S. EV tax credit.

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Zero EVs May Qualify For the Federal Tax Credit Under the Inflation Reduction Act Requirements

EV Adoption

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. Battery Material and Component Requirements Cannot Be Met in the Near Term. Joe Manchin, via the Wall Street Journal. in effect with the U.S.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

EV Adoption

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

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Colorado buyers of Chevy Volt eligible for $13,500 in tax credits

Green Car Congress

Colorado residents who purchase or lease a new Chevrolet Volt are eligible for a state tax credit of up to $6,000 in addition to a federal tax credit of up to $7,500 for a total price reduction of as much as $13,500. A tool to determine specific state or local electric vehicle tax credits is available here.

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What EPA vehicle standards are and what they mean for you

Plug in America

On March 20, the Environmental Protection Agency (EPA) announced the final vehicle standards for cars, pickup trucks, and SUVs. EPA standards aren’t new. There are EPA vehicle standards in place right now. EPA has been regulating vehicle pollution for over 50 years. Plus, the EPA standards are working.

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Auto Lobby Says EPA Targets Aren’t Achievable

The Truth About Cars

The Alliance for Automotive Innovation (AAI) is reportedly prepared to tell the Environmental Protection Agency (EPA) that its proposal to significantly reduce vehicle emissions through the 2032 model year is wildly unrealistic. government earlier this year were so stringent that they were "a de facto battery-electric vehicle mandate.”

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