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XC90 Recharge review, Polestar 3, Rivian R3, EV tax credit update: The Week in Reverse

Baua Electric

In a review of the 2024 Volvo XC90 Recharge , GCR found that this already appealing Swedish SUV package adds more electric range, more power, and more refinement, making it now a nearly ideal pick for families who aren’t always sure about where they’ll be plugging in on the go. With the recent addition of the Volkswagen ID.4

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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. The C40 Recharge, along with the 2022 XC40 Recharge, introduces new specification level nomenclature: Plus and Ultimate.

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Volvo XC40 Recharge EV to start at $53,990 in US before qualifying tax incentives

Green Car Congress

The Volvo XC40 Recharge, the company’s first fully electric vehicle, will carry an MSRP of $53,990 when it arrives in US showrooms later this year. The purchase of an XC40 Recharge may qualify for a federal tax credit of up to $7,500. State and local incentives could add further benefits.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

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.

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Volvo Car USA announces new extended range Recharge Plug-In Hybrid models with up to 41 miles of electric range in Pure Mode

Green Car Congress

Volvo Car USA is bringing a new, improved Recharge plug-in hybrid powertrain is coming to the US in its 90 and 60 Series models, significantly extending electric range while lowering carbon dioxide emissions, increasing performance, and improving drivability. kWh, and a more powerful rear electric motor now delivering 143 hp (up from 87 hp).

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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.

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Rechargeable Zinc-Air Battery Company Approved to Receive $6.8M in Loans and Tax Credits from the State of Oregon and City of Portland

Green Car Congress

ReVolt Technology, LLC, a company that is developing rechargeable zinc-air batteries ( earlier post ), has been approved to receive a package of loans and tax credits from Oregon and Portland authorities totaling approximately $6.8

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