Blink Charging
FEBRUARY 23, 2023
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. First, the easy part: How do I claim the $7,500 EV tax credit?
Green Car Congress
OCTOBER 12, 2014
A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.
Green Car Congress
AUGUST 8, 2022
The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. The credit will be available at the point of sale.
EV Adoption
JANUARY 22, 2022
Only available in the US beginning in March of 2021, the hot-selling Jeep Wrangler 4xe plug-in hybrid electric vehicle (PHEV) was apparently the top-selling PHEV in the US last year. Rick Deneau, Stellantis. Especially in this day and age of consumer mistrust of corporations, transparency is of utmost importance.
Baua Electric
JANUARY 3, 2024
But GM quickly pulled the plug on sales after the first batch of new buyers started complaining about software issues. Also, the Chevy Blazer does not qualify for 2024 federal tax credits, which will surely dampen sales as well. Not to mention GM being mired in legal issues from its Cruise acquisition.
EV Life
MAY 5, 2023
This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.
Green Car Congress
MAY 26, 2015
Hyundai began the US rollout of the 2016 Hyundai Sonata Plug-in Hybrid Electric Vehicle (PHEV) ( earlier post ) and its conventional hybrid sibling (HEV) with a series of media drives in California—one of the main markets for the PHEV, which offers some 24 miles (38.6 km) of all electric range and a 9.8 Earlier post.). lbs / -1.7
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