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New Electric Vehicles Qualify for Federal Tax Credit

Green Energy Consumers

As spring 2024 unfolds, we have some good news: more vehicle models are now eligible for the federal tax credit than when the list changed on January 1. Department of Energy recently released a new list of EVs that receive between $3,750 and $7,500 in federal tax credit.

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New Jersey Approves Additional EV Road Use Taxes

The Truth About Cars

As more electric vehicles hit the roads, states are grappling with the change in tax revenues they’re seeing as a result. EV buyers don’t pay gas taxes, slashing millions out of state highway budgets and making it hard to afford planned improvements. & [Image: Natalia Bratslavsky via Shutterstock] Become a& TTAC& insider.

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Tesla embraces new immediate EV tax credit system

Teslarati

Tesla has embraced the new immediate use of the EV tax credit, which was announced last year by the IRS and Department of the Treasury. In October , the IRS and Department of the Treasury announced that it would issue new guidance regarding the EV tax credit, with the changes taking effect in 2024. Buying an EV?

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Nissan Leaf EV tax credit, Hyper Touring concept, Rivian towing update: Today’s Car News

Green Car Reports

The made-in-Tennessee Nissan Leaf is eligible for the EV tax credit. Nissan electrifies the minivan around solid-state batteries. And Rivian aims to make towing more predictable. This and more, here at Green Car Reports. The latest software update for Rivian R1S and R1T electric trucks provides a revamped interface for drive modes and a.

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VW ID.4 tax credit, Porsche SUV price, Model Y tops sales charts, Lucid rival: Today’s Car News

Green Car Reports

4 EV buyers will be able to claim the full EV tax credit. 4 models qualify for the $7,500 EV tax. Porsche puts a price on its electric SUV. And many VW ID.4 This and more, here at Green Car Reports. Volkswagen has confirmed that “most” 2023-2024 ID.4

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Tesla Model Y tax credit, Cadillac Vistiq EV reveal, Hyundai Ioniq 6: Today’s Car News

Green Car Reports

And which Tesla models will keep the EV tax credit in 2024? Cadillac has revealed yet another electric SUV, on the way to a fully electric lineup. The Hyundai Ioniq 6 is one of our top picks of the year. This and more, here at Green Car Reports. Tesla has already confirmed that the Model 3 Rear-Wheel Drive and Model 3 Long Range versions.

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Tesla Cybertruck tax credit and 48V, next-best EVs, House EPA pushback: Today’s Car News

Green Car Reports

The EPA is very optimistic about the Tesla Cybertruck qualifying for the EV tax credit. The House votes on what appears to be a broad misunderstanding of proposed EPA rules. The Cybertruck pulled off a shift to 48 volts. And why didn’t some EVs and PHEVs make the cut? This and more, here at Green Car Reports.