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Final EV Tax Credit Details and More EV News

Electric Auto Association

Many Americans want to know if their next EV purchase qualifies for a full, half, or any tax credit. Kia EV9 and its Third Row EV model variety has been a sticking point with consumers, but trucks arrived last year via Rivian and Ford, and now a sizeable third-row SUV is coming from Kia. EV tax credit.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).

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US President Biden’s union-friendly $4,500 EV tax credit buff is facing a big challenge

Teslarati

The Biden administration’s proposed $4,500 EV tax credit buff for electric and electrified vehicles made in a union plant in the United States is meeting a big challenge. The $4,500 tax credit , which would be given to vehicles produced in the United States using union labor, stands to favor the Detroit Big Three heavily.

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Ford Focus Electric in California qualifies for $10K in tax credits, HOV access

Green Car Congress

California buyers of the Ford Focus Electric will be able to receive up to $10,000 in tax credits ($2,500 state, $7,500 federal) and enjoy high-occupancy vehicle lane (HOV) access after the car was just approved for California’s Clean Vehicle Rebate Program ( CVRP ).

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Ford prices C-MAX Energi plug-in hybrid at $29,995 after federal tax credit; expects conquest rate of about 50%

Green Car Congress

Ford is pricing the new C-MAX Energi—expected to offer 15 class-exclusive features, a 550-mile (885 km) total range and more than 20 miles (32 km) of electric-only range ( earlier post )—at $33,745. Its eligibility for a $3,750 federal tax credit drops that to $29,995.

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Ansys releases pre-lockdown global survey on vehicle electrification

Green Car Congress

Conversely, 39% of respondents would only buy an EV if gasoline-powered vehicles were no longer available. Americans cite too few charging points and too high upfront cost as the leading barriers to buying an electric vehicle. US respondents are most likely to buy an EV if the government offers a federal/state tax credit.

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2024 Ford E-Transit electric vans get bigger battery, more range

Baua Electric

The 2024 Ford E-Transit gets a larger battery pack affording more range, among other changes. This increases maximum EPA-cycle range to 159 miles, up from the 126 miles Ford quoted at the time of the E-Transit’s 2022 launch. Ford says 15,300 Superchargers are available for its customers to use under an agreement with Tesla.

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