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Tesla, VW and several other EVs that qualify for the new 2023 US EV tax credit

Teslarati

EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. 2022-2023 Ford Escape Plug-In Hybrid. 2022 Volvo S60 T8 Recharge (Extended Range). 2022-2023 Ford E-Transit.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

In the 12 months since sharing the forecast below, multiple new crossover/SUV EVs including the Mustang Mach-E, Volvo EC40 Recharge, Polestar 2, Tesla Model Y Standard Range, Nissan Ariya, VW ID.4, If you think about General Motors, we are strong in the middle of the country. Mary Barra, CEO – General Motors.

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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.