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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

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?

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Hyundai lowers entry price, bumps all-electric range on new 2018 Sonata Plug-In Hybrid

Green Car Congress

Hyundai has lowered the price and slightly increased the all-electric range of the refreshed 2018 Hyundai Sonata Plug-In Hybrid (PHEV). The new PHEV model adopts the same distinctive design of the recently released Sonata gasoline and Hybrid models while delivering 28 miles (45 km) of all-electric range (vs.

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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

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Road Test: 2021 Kia Niro PHEV EX Premium

Clean Fleet Report

The 2021 Kia Niro PHEV is one of three electrified Niro models to choose from, alongside a hybrid and a pure battery electric version. Clean Fleet Report drove the Niro PHEV EX Premium, and came away with a good feeling about this compact crossover that can deliver a 560-mile driving range. Photos by John Faulkner and Kia.

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Here are all the used EVs that qualify for a $4,000 tax credit

Baua Electric

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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Tips for purchasing a new EV amid a vehicle shortage

Plug in America

Searches for new plug-in hybrid and all-electric vehicles are at record levels, increasing exponentially since energy prices soared in March 2022. Plugstar also provides a list of dealerships that have received EV training by Plug In America’s dealership trainers. Bright spots exist in the market for shoppers of new and pre-owned EVs.