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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

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. But it’s kind of a clunky interface so we’re just going to list them here for you.

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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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Road Test: 2023 Toyota RAV4 Prime XSE AWD PHEV

Clean Fleet Report

Be careful listening to self-anointed experts that owning a plug-in hybrid electric vehicle (PHEV) is not a wise choice or viable option when buying a new car. Those truly in the know have real world knowledge of why a PHEV is the perfect bridge between a gasoline-powered car and one propelled by only electricity.

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Dodge to discontinue Challenger and Charger in shift to EVs

Teslarati

This follows news of the unveiling of the electrified Dodge Ram 1500 coming in the fall of this year , a planned electric muscle car that will be unveiled in 2024, and, more recently, the expansion of PHEV models within other Stellantis brands, including Jeep and Chrysler. ” “The days of an iron block supercharged 6.2-liter

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The Best Electric SUVs on the Market

EV Life

These days, all-electric options are available in every type of vehicle, from high-horsepower electric sports cars to stylish electric luxury sedans to torque-heavy electric trucks. The Model Y qualifies for the full $7,500 federal EV tax credit. The Chevy Bolt EUV also qualifies for the full $7,500 federal EV tax credit.

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Personal: One in a Million

Clean Fleet Report

And I’m one those million since they’re counting plug-in hybrids (PHEVs) as well as full battery electrics. The cars Californians choose set the tone for EV sales for 2021. Toyota Prius Prime PHEV – 14,275. Toyota RAV4 Prime PHEV – 7,988. Jeep Wrangler 4xe PHEV – 4,427. Tesla Model Y EV – 61,022.

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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.