article thumbnail

These are the EVs that still qualify for the $7,500 tax credit in 2024

Teslarati

electric vehicle (EV) tax credit have taken effect, significantly limiting the number of qualifying options in 2024. Despite the list of qualifying EVs getting shorter , the 2024 guidance also lets sellers offer the rebate at the point of sale , rather than buyers being forced to wait until doing their taxes. New rules for the U.S.

article thumbnail

Tesla, VW and several other EVs that qualify for the new 2023 US EV tax credit

Teslarati

EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. The full list is as follows: 2023 Audi Q5 TFSI e Quattro (PHEV). 2022, 2023 Chrysler Pacifica PHEV. 2022 Volvo S60 (PHEV).

article thumbnail

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. Chrysler Pacifica PHEV. Ford Escape PHEV. Jeep Grand Cherokee PHEV. Jeep Wrangler PHEV. Lincoln Aviator PHEV. BMW 3-series Plug-In.

article thumbnail

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.

article thumbnail

Hybrid vs PHEV vs EV | Types of EVs Explained

Setec Powerr

For example, what is a hybrid vehicle, PHEV, or EV, and what are the differences between them and their advantages and disadvantages? PHEV – Plug-in Hybrid Electric Vehicles. Common examples of hybrid cars are: the BMW 530e、Toyota Prius Prime and Chrysler Pacifica Hybrid. Hybrid Vehicles. EVs – Electric Vehicles.

PHEV 98
article thumbnail

EV Tax Credit: 19 EVs that still qualify in 2022 under the Inflation Reduction Act

EV Life

The passage of the US Inflation Reduction Act includes nearly unlimited funding for a $7500 EV tax credit on new EVs through 2032. Electric cars will qualify for EV tax credits and the qualification rules for credits will be really confusing. Let’s start with what electric vehicles still qualify for EV tax credits in 2022.

article thumbnail

Road Test: 2022 Chrysler Pacifica Limited Plug-in Hybrid

Clean Fleet Report

Chrysler has the market locked-up for anyone needing a seven passenger vehicle that can go a very long way on a tank of fuel. If this is appealing, then the 2022 Pacifica plug-in hybrid (PHEV) is what you are looking for. If this is appealing, then the 2022 Pacifica plug-in hybrid (PHEV) is what you are looking for.