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Volvo EX30 debut, base Model 3 tax credit, plugging in PHEVs: Today’s Car News

Green Car Reports

Base Standard Range versions of the Model 3 are eligible for more EV tax credit money than they were last week. Plug-in hybrid drivers likely aren’t plugging in as much as the EPA has been assuming. And the Volvo EX30 EV aims for the $35,000 mark from the start. The Volvo EX30 EV will start around.

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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. Formerly eligible models from BMW, Audi, Volkswagen, and Volvo have been bumped off the list.

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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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First drive: Volvo XC90 T8 Drive-E Twin Engine PHEV sets a high bar for full-size luxury SUV plug-ins in US

Green Car Congress

With the 2016 XC90 ( earlier post ) heading to dealerships across the US, Volvo Cars gave media an opportunity to experience the next generation of its full-size luxury SUV—in both its conventional T6 and plug-in hybrid T8 Drive-E Twin Engine forms—in and around Los Angeles. Volvo XC90 T8 Twin Engine. Estimated EPA MPGe. >59.

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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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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). In this brief article I will share the 3 scenarios that lead to an EV being completely disqualified from any available tax credit amount.

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Perspective: A View Into the New GM

Green Car Congress

The morning session started out with an hour long press conference, the highlight being the unveiling of the Volt’s 230 mpg preliminary EPA city fuel economy finding ( earlier post ), as well as a tour showing selected elements from the studios of the four GM North American brands: Chevrolet, GMC, Buick and Cadillac. Earlier post.).

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