Remove Hummer Remove Recharge Remove SUV Remove Tax Credit
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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). But all of these PHEVs have batteries of around 9 kWh and so they could easily be upgraded to 10 kWh to qualify for the tax credit.

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

EV Adoption

On January 28 GM announced that it plans (aspires) to exclusively offer electric vehicles by 2035, ending production of its cars, trucks and SUVs with diesel- and gasoline-powered engines. Hence the focus on high-end models such as the GMC Hummer and Cadillac LYRIQ. The “30 New EVs by 2025” Promise.

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Volvo Unveils Compact EX30 All-Electric SUV

The Truth About Cars

General Motors recently released the absolutely ludicrous GMC Hummer EV while the Chevrolet Bolt is being discontinued. It’s basically a smaller, stripped-down version of the Volvo C40 Recharge and looks to be what most manufacturers are hoping to deliver with their bottom-rung EVs. The 2025 Volvo EX30 is 166.7 inches long, 72.3

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Behind the Wheel, Under the Hood of World’s First 500-Mile EV

Cars That Think

Every buyer is eligible for a $7,500 federal tax credit, pushing the most-affordable Air to $71,400. This week, Lucid finally put a number to its largest battery pack: 118 kilowatt hours, a far cry from the up-to-200 kWh units coming in EV behemoths like the GMC Hummer EV. billion in revenue.

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Solving the Electric Vehicle Charging Conundrum

Cars That Think

And yet, what about recharging? That means I'd have to recharge at least once. An electric SUV is going to have more aerodynamic drag than an electric sedan like a Tesla Model S or Lucid Air. There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment.

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Solving the Electric Vehicle Charging Conundrum

Cars That Think

And yet, what about recharging? That means I'd have to recharge at least once. An electric SUV is going to have more aerodynamic drag than an electric sedan like a Tesla Model S or Lucid Air. There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment.

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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.