Baua Electric

MARCH 16, 2024

4 to the list, we revisited and updated our roundup of which 2024 EVs qualify for the $7,500 EV tax credit. 2024 Toyota Prius More than a third of Toyota Prius owners get another one , found the used-car retail giant in a data pull looking at data for all of 2023. With the recent addition of the Volkswagen ID.4

Tax Credit 52

Tax Credit Recharge Tax Volvo 52

EV Adoption

NOVEMBER 29, 2021

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). Battery is under 10kWh: Currently only five PHEVs would not meet the proposed 10 kWh threshold: Toyota Prius Prime (8.8

Tax Credit 52

Tax Credit Tax Hummer PHEV 52

EV Adoption

JANUARY 8, 2022

What is a surprise to us, was the rebound in sales of the Prius Prime, which was up 128% YOY. And as you can see from the chart below, the the Prius is heading toward 60% of its sales being for the Prime PHEV version. The second key trend is the solid first-year sales of both the Ford Mustang Mach-E (27,140) and Volkswagen ID.4

Sale 52

Sale PHEV Tesla Mazda 52

EV Adoption

AUGUST 4, 2022

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. This means EVs like the Mustang Mach-E which is assembled in Mexico, and the Chrysler Pacifica Hybrid (PHEV) which is assembled in Canada, would qualify.

Tax Credit 98

Tax Credit Tax North America America 98

EV Adoption

NOVEMBER 26, 2021

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.

Tax Credit 116

Tax Credit Tax F-150 PHEV 116