Electric Auto Association

JULY 2, 2022

GM EV Hummers on assembly line. EV Policy CEOs answer call CEOs from several automakers including Ford and GM are urging Congress to lift the EV tax credit cap. EV batteries Quickest charge ever Enovix demonstrated its silicon anode lithium-ion batteries , able to charge to 80% in ten minutes.

Ferrari 67

Ferrari Buick Tax Credit Hyundai 67

EV Adoption

JANUARY 8, 2022

Especially if Congress removes the OEM cap which would mean at least a $7,500 tax credit and as much as $12,500, the Bolt has the potential to be the top selling EV in the US in 2022 other than models from Tesla. A fourth trend or finding is that YOY sales increased 154% for these EVs with publicly reported numbers.

Sale 52

Sale PHEV Tesla Mazda 52

Cars That Think

OCTOBER 26, 2021

You referenced the infrastructure bills that are currently stalled in Congress. There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit. So that's what it takes.

Electric Vehicles 89

Electric Vehicles Charging Vehicles Electric 89

Cars That Think

OCTOBER 26, 2021

You referenced the infrastructure bills that are currently stalled in Congress. There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit. So that's what it takes.

Electric Vehicles 87

Electric Vehicles Charging Vehicles Electric 87

EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

Tax Credit 116

Tax Credit Tax F-150 PHEV 116