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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

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Here’s every electric vehicle that currently qualifies for the US federal tax credit in 2024

Baua Electric

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. How much is the federal tax credit?

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The Clean Vehicle Credit Is A Confusing Mess

EV Adoption

Hailed as a huge win for auto manufacturers, car dealers, and consumers, the Clean Vehicle Credit (CVC) which is part of Inflation Reduction Act (IRA), at least for now is a confusing, hot mess for everyone involved. A phaseout of the tax credit occurred over several quarters down to zero. Confused yet?

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

Federal EV Tax Credit. To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car. .

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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.

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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

[See EnergyCSs Greg Hanssens Hydrogen Bridges PDF ] We believe, however, that the advantages of flex-fuel PHEVs (and, counting conversion efficiencies, the 4X energy storage advantage of batteries over fuel cells) mean that the commercialization of hydrogen fuel cell vehicles may never happen. What about battery safety?

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

This is from "Commercializing Plug-In Hybrids" (pdf), the current CalCars 24-slide presentation about PHEVs available along with other documents at CalCars Downloads. Establishing dealer network. Ford Escape PHEV-40 around 2012. First Escape PHEV delivered to SCE Nov 2007; 20 in 2008-2009. Batteries not ready.

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