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Jeep plug-in pickup, Acura ZDX, Cadillac’s EV shift, tax credit rules: Today’s Car News

Baua Electric

Cadillac gets cold feet about its 2030 end date for gasoline. And Biden agencies ease one area of the EV tax credit that could mean more qualifying EVs. Yesterday in a review of the Acura ZDX Green Car Reports looked at whether the first fully electric vehicle from this Honda luxury brand keeps it on-brand—even with GM bones.

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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. EV tax credit. Source: Electric Vehicle Association) Proposed EV Tax Credit Rule to be Finalized on April 18 On March 31, the Treasury Department gave guidance on battery material requirements for automakers.

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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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Conservative poll says Americans resent electric-car tax credits

Green Car Reports

Results of a study released Tuesday by the American Energy Alliance found that most voters object to tax credits for electric cars. Tellingly, the poll also shows that the public generally supports electric cars themselves.

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VW ID.4 EV tax credit; Subaru Solterra update; Macan, Prologue, and ZDX pricing: The Week in Reverse

Baua Electric

automaker became the top-selling vehicle on the planet, electric or not? 4 models qualify for the $7,500 EV tax credit , making it the first foreign automaker to get the nod under tightened sourcing rules. Porsche priced its electric Macan SUV —simply badged as Macan 4 and Macan Turbo, at $80,450 and $106,950, respectively.

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60% of $18B in US clean energy tax credits 2006-2012 went to top 20% by income; 90% in the plug-in program

Green Car Congress

A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Electric Vehicle Credit. Electric Vehicle Credit. Source: Borenstein and Davis.