Remove Cars Remove Extended Range Remove Guidelines Remove Tax Credit
article thumbnail

Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

article thumbnail

Cadillac boosts performance of ELR plug-in hybrid for MY2016, cuts MSRP by $9K; $58,495 net after Fed credits

Green Car Congress

Cadillac has greatly enhanced the performance of its ELR extended range electric vehicle (plug-in hybrid) ( earlier post ) for the 2016 model year, and is also cutting the MSRP by $9,005, bringing the starting price down to $58,495 net after the $7,500 US federal tax credit (MSRP = $65,995).

Cadillac 150
article thumbnail

Are You Plugged In?

Revenge of the Electric Car

For all the fanfare, sales of electric cars are currently negligible (outside of golf courses, that is). Which electric-car developer counts former U. Match the auto maker with its electric car: A. All will qualify for a $7,500 federal tax credit. Which has the longest range? streets later this year.

Plug-in 140