article thumbnail

Volvo XC40 Recharge EV to start at $53,990 in US before qualifying tax incentives

Green Car Congress

The Volvo XC40 Recharge, the company’s first fully electric vehicle, will carry an MSRP of $53,990 when it arrives in US showrooms later this year. The purchase of an XC40 Recharge may qualify for a federal tax credit of up to $7,500. State and local incentives could add further benefits. National Charging Network.

Recharge 400
article thumbnail

Volvo Car USA announces new extended range Recharge Plug-In Hybrid models with up to 41 miles of electric range in Pure Mode

Green Car Congress

Volvo Car USA is bringing a new, improved Recharge plug-in hybrid powertrain is coming to the US in its 90 and 60 Series models, significantly extending electric range while lowering carbon dioxide emissions, increasing performance, and improving drivability. By 2025 it aims to sell 1.2

Recharge 221
article thumbnail

XC90 Recharge review, Polestar 3, Rivian R3, EV tax credit update: The Week in Reverse

Baua Electric

In a review of the 2024 Volvo XC90 Recharge , GCR found that this already appealing Swedish SUV package adds more electric range, more power, and more refinement, making it now a nearly ideal pick for families who aren’t always sure about where they’ll be plugging in on the go. With the recent addition of the Volkswagen ID.4

article thumbnail

Road Test: 2023 Volvo C40 Recharge Twin AWD Ultimate

Clean Fleet Report

Road Test: 2023 Volvo C40 Recharge Twin AWD Ultimate The First Volvo Compact SUV Coupe EV The 2023 Volvo C40 Recharge was the first electric-only and the smallest SUV from Volvo, falling in-line with the EX90 and XC40 Recharge. The shift-by-wire single speed transmission drives all four wheels 0-60 miles per hour in about 4.3

article thumbnail

Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

In the US, demand for new energy vehicles is set to increase as the newly passed “Inflation Reduction Act” extends tax breaks for new electric vehicle purchases—although eligibility for the tax break will be determined by the sourcing of critical materials, including lithium. Earlier post.). Source: Statista.

Carbon 483
article thumbnail

Tesla, VW and several other EVs that qualify for the new 2023 US EV tax credit

Teslarati

EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. 2023 Tesla Model 3 Long Range. 2023 Tesla Model 3 Long Range. 2023 Tesla Model Y Long Range – 7-seat variant (3-rows).

article thumbnail

Subaru mistakenly says 2024 Solterra owners are eligible for the $7,500 EV tax credit

Baua Electric

Subaru mistakenly said some 2024 Solterra owners will qualify for the $7,500 EV tax credit. Subaru “owners” are not eligible for $7,500 EV tax credit Subaru introduced the 2024 Solterra electric SUV yesterday with new upgrades, including faster charging and more. The Limited and Touring models get 222 miles range.