EV Adoption

JANUARY 8, 2022

What is a surprise to us, was the rebound in sales of the Prius Prime, which was up 128% YOY. And as you can see from the chart below, the the Prius is heading toward 60% of its sales being for the Prime PHEV version. 4 was only beginning to reach US dealers. 4 (16,742) BEVs. 4 by an average of 1,419 units per quarter.

Sale 52

Sale PHEV Tesla Mazda 52

Tony Karrer Delicious EVdriven

APRIL 21, 2009

Conversions are mostly for the Prius, with a few for the Ford Escape/Mercury Mariner hybrid SUVs. The easiest conversions are for 2004-2008 Prius (not 2001-2003 Prius) and the Ford Escape/Mercury Mariner Hybrid. Drivers of converted cars have received high levels of cooperation from dealer service departments so far.

Plug-in 41

Plug-in Plug Hybrid Nickel Metal Hydride 41

EV Adoption

AUGUST 4, 2022

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. That is a very good thing, but tying this requirement to a consumer-facing tax credit that results in few or zero EVs qualifying, is probably not the best approach.

Tax Credit 98

Tax Credit Tax North America America 98

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. More on this below.

Tax Credit 116

Tax Credit Tax F-150 PHEV 116