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Here are all the used EVs that qualify for a $4,000 tax credit

Baua Electric

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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These 5 Plugin Vehicle Models Would Benefit Most From Proposed US EV Tax Credit Update (Chart)

CleanTechnica EVs

As we reported recently, there’s a big cleantech bill moving through the US Congress that would revive, extend, and expand the zero-emission vehicle tax credit in various ways.

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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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Road Test: 2022 Mazda MX-30 EV

Clean Fleet Report

If you are the type of conscientious person who never forgets to plug-in your phone every night, and you don’t wander far from home every day, then the 2022 Mazda MX-30 EV may work for you. Mazda says the MX-30’s 100-mile electric driving range is an “ideal companion for daily commuting (and will) meet the needs of most urban residents.”

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The Best Electric SUVs on the Market

EV Life

The Model Y qualifies for the full $7,500 federal EV tax credit. At the moment, the Mach-E only qualifies for half of the federal EV tax credit, providing eligible drivers a credit of up to $3,750. The Chevy Bolt EUV also qualifies for the full $7,500 federal EV tax credit. The other upside?

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

You can now purchase an electric vehicle at a fair price due to the existing tax credits. The federal tax credit exempts allows you to deduct up to $7,500 from the vehicle’s initial cost. State and local tax credits and incentives can help reduce the price further. High Resale Values.

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The EV Transition Explained: How to Meet Sales Targets?

Cars That Think

Toyoda also argues that only selling EV powertrains would not serve Toyota’s customers well in other countries, a similar argument made by automakers BMW , Mazda and VW. Further, once a particular EV model reaches 200,000 in US sales , the EV tax credit is phased out. “I The automakers do have a point.

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