The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. Formerly eligible models from BMW, Audi, Volkswagen, and Volvo have been bumped off the list.

Tax Credit 86

Tax Credit Tax North America Chevrolet 86

EV Life

MAY 19, 2023

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.

Tax Credit 52

Tax Credit Tax Personal F-150 52

Baua Electric

MARCH 15, 2024

Model 3 registrations were down 23% after losing the $7,500 EV tax credit. The new Chevy Blazer EV (which is just coming off a stop-sale ) and Silverado EV had 234 registrations combined. Kia EV9 (Source: Kia) Other automakers, including BMW, Mercedes-Benz, and Cadillac, saw EV registration growth in January. 4 fell 47%.

Hyundai 52

Hyundai F-150 Kia Cadillac 52

Clean Fleet Report

JANUARY 23, 2024

Kia invited the automotive media to experience the EV9 on a drive that went through Napa Valley, along the Silverado Trail , into Calistoga and then over the mountains to the Pacific Ocean before returning to our base at the beautiful Stanly Ranch Resort. The 2024 Kia EV9 went on-sale in December 2023 and is available in all 50 states.

Kia 88

Kia SUV All-Electric MPH 88

EV Adoption

NOVEMBER 26, 2021

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.

Tax Credit 116

Tax Credit Tax F-150 PHEV 116