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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

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. Here’s a step-by-step guide to making an educated decision about electric car tax credits. Not listed.

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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. Below is a summary table ( download a PDF version ) of the proposed changes to the EV tax credit for new 4-wheeled electric vehicles. Download PDF version. Summaries of the Major Proposed Changes.

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Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

Green Car Congress

Chevrolet truck sales increased 27%, led by increases by Silverado, Suburban, Avalanche, Colorado, HHR and Equinox. Ford Escape sales totaled 20,241, a July record and up 94% versus a year ago, and Mercury Mariner sales were up 71%. The 2009 model Escape Hybrid and Mariner Hybrid are the most fuel-efficient utility vehicles in America.