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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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Volvo C40 Recharge EV coming to US with $58,750 MSRP

Green Car Congress

The Volvo C40 Recharge pure electric will start at an MSRP of $58,750 in the United States before tax credits. This newest addition to the Volvo electric line-up has all the benefits of an SUV but with a lower and sleeker design. This will enable drivers to charge at discounted rates of $0.31/min,

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Volvo pricing the XC90 T8 Twin Engine PHEV for the US starting at $68,100

Green Car Congress

The US MSRP of Volvo Cars’ new XC90 T8 Twin Engine Plug-In Hybrid ( earlier post ) entry-level Momentum model is $68,100, not including any tax credit incentives or $995 destination charge. The seven-passenger plug-in hybrid electric vehicle, coming to the United States this summer, is powered by Volvo’s 2.0

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Volvo Cars announces improved fuel consumption/GHG numbers for XC90 T8 Twin Engine PHEV

Green Car Congress

Volvo Cars reports that its XC90 T8 Twin Engine plug-in hybrid is now rated with fuel consumption of 2.1 l/100 km (112 mpg US) and 49 g CO 2 /km, with 43 km (27 miles) all-electric range on the NEDC cycle for hybrids. —Dr.Peter Mertens, Senior Vice President Research & Development at Volvo Car Group. l/100 km and 59 g/km.

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Using blockchain traceability to build a circular battery economy

Green Car Congress

Electric vehicles are one of the most powerful climate solutions today—but also one of the most under-utilized. In fact, it’s all a lot of us are talking about. As relatively young businesses, it’s clear to both Polestar and Circulor that there are solutions out there that can affect real, meaningful change.

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KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Green Car Congress

The drop in pricing was driven by significant price cuts at Tesla, which commands more than 65% of the electric vehicle segment. Electric vehicles and luxury cars had incentives close to 6% of ATP, and both saw ATP decline in December as a result. Earlier in the year, Tesla was increasing prices, citing supply issues. in November.

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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.