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81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

MAY 19, 2023

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. What are the New Changes to the Federal Tax Credit?

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Tax Credit Tax Personal F-150 52
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The Best Electric SUVs on the Market

EV Life

JUNE 8, 2023

The Model X Long Range comes standard with a battery large enough to cover its EPA-estimated 348-mile driving range, and the upgraded 1020 horsepower Plaid model still gets an estimated 333 miles of range. The Model Y qualifies for the full $7,500 federal EV tax credit. 4 Price: $40,290 Range: 209-270 Miles While the Standard model ID.4

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