Baua Electric

JANUARY 23, 2024

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

Tax Credit 52

Tax Credit Tax PHEV 2018 52

EV Life

MAY 5, 2023

You should consult your own tax, legal and accounting advisors before engaging in any transaction. Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car.

Tax Credit 52

Tax Credit Tax Dealers Personal 52

Baua Electric

JANUARY 2, 2024

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. And as anticipated by automakers in recent weeks, the Chevrolet Blazer EV and Cadillac Lyriq don’t yet make the list, while the Ford Mustang Mach-E is for now completely disqualified. And as expected, it’s very short.

Tax Credit 52

Tax Credit Tax Chevrolet Jeep 52

EV Adoption

FEBRUARY 7, 2021

Electric Vehicle PR Is Driving Up the Stock Price. These announcements and PR efforts are fundamentally about GM’s long-term future but they have clearly paid off in the short term as GM’s stock price has increased 55.3% in the last 12 months and 223.9% since the 2020 low on March 18 (as of February 5).

GM 116

GM Market Cadillac Acura 116

EV Adoption

JANUARY 2, 2023

Clean Vehicle Credit Background Part of the intent of the CVC was to correct flaws in the previous tax credit known as IRC 30D, which among other things had a poorly designed cap on manufacturers of 200,000 vehicles. A phaseout of the tax credit occurred over several quarters down to zero. Confused yet?

Clean 52

Clean Cleaning Tax Credit Escape 52

Clean Fleet Report

APRIL 25, 2022

The beauty of electric power plus Symmetrical All-Wheel Drive is, when stopped on a trail due to deep ruts, the instant torque at any speed delivered a smooth escape. Pricing and Warranties. Federal and state tax credits may affect your final price, so speak with your CPA before heading into your local Subaru dealer.

All-Electric 87

All-Electric SUV Clean Cleaning 87

Clean Fleet Report

JULY 5, 2021

The 2021 Kia Niro PHEV comes in three trim levels with these base prices, including the $1,175 destination charge. The Niro PHEV qualifies for federal tax credits and state rebates, and in some states, is eligible for a HOV sticker. News: Ford Releases Details on Plug-in Hybrid Escape. LXS $30,765. EX $34,565.

PHEV 94

PHEV Kia Plug-in Fuel Economy 94

EV Life

AUGUST 17, 2022

Federal EV Tax Credit. To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. The tax credit depends on the manufacturer you choose and vehicle battery. Not listed.

Tax Credit 52

Tax Credit Tax Dealers Personal 52

EV Life

SEPTEMBER 2, 2022

The passage of the US Inflation Reduction Act includes nearly unlimited funding for a $7500 EV tax credit on new EVs through 2032. Electric cars will qualify for EV tax credits and the qualification rules for credits will be really confusing. 2022 EV Tax Credits. What about EV tax credits in 2023?

Tax Credit 64

Tax Credit Tax Personal PHEV 64

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