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Jeep plug-in pickup, Acura ZDX, Cadillac’s EV shift, tax credit rules: Today’s Car News

Green Car Reports

A plug-in hybrid Gladiator will join the Jeep lineup next year. Cadillac gets cold feet about its 2030 end date for gasoline. And Biden agencies ease one area of the EV tax credit that could mean more qualifying EVs. The Biden administration provided updated EV tax credit rules for manufacturers and.

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Jeep plug-in pickup, Acura ZDX, Cadillac’s EV shift, tax credit rules: Today’s Car News

Baua Electric

A plug-in hybrid Gladiator will join the Jeep lineup next year. Cadillac gets cold feet about its 2030 end date for gasoline. And Biden agencies ease one area of the EV tax credit that could mean more qualifying EVs. This and more, here at Green Car Reports.

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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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DOE publishes list of EVs eligible for new tax credit

Teslarati

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Under the new law, only EVs assembled in North America qualify for the credits. BMW 3-series Plug-In. Lincoln Corsair Plug-in. BMW 3-series Plug-In.

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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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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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Which 2024 EVs qualify for the $7,500 EV tax credit?

Baua Electric

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. And as anticipated by automakers in recent weeks, the Chevrolet Blazer EV and Cadillac Lyriq don’t yet make the list, while the Ford Mustang Mach-E is for now completely disqualified. And as expected, it’s very short.