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This Volkswagen EV Now Comes with Full Tax Credit Benefits

The Truth About Cars

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. that qualifies for the full Federal Tax credit. This development makes these models of the ID.4,

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. Stephanie Valdez-Streaty , director of Industry Insights at Cox Automotive, said: “EV sales continue to grow in the U.S., Better choices and more options are helping push prices lower and drive higher sales.”

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Cost Parity?: Two Dozen EVs “Available” in the US Start At Less Than $45,000

EV Adoption

But assuming you can get your hands on one, roughly two-dozen BEVs and PHEVs available for sale in the US this summer have a base manufacturer’s suggested retail price (MSRP) of less than $45,000. The federal EV tax credit is just that, a tax credit that is applied when submitting your taxes.

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82% of BEVs & PHEVs Available in the US in 2022 Have a Base MSRP of $40,000+

EV Adoption

Out of 82 BEVs and PHEVs that are either currently available for sale in the US, or expected to be so by the end of 2022, 67 of them, or 81.7%, have a base manufacturer’s suggested retail price (MSRP) higher than $39,999, according to new analysis from EVAdoption. Lack of Affordable EVs Remains a Key Hurdle to Mass Adoption.

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Ford Mustang Mach-E captures KBB’s EV Best Buy of 2022

Teslarati

Available for sale in all 50 states, the Mustang Mach-E brings some of the best plug-in style, tech, and performance available among (relatively) affordable electric cars. ” (Credit: Ford). Both will be available next year, Ford says.

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What EV has the Best Bang for the Buck?

Clean Fleet Report

Questions & Answers from our Friends at EarthTalk® Dear EarthTalk : Which of the EV models now available in the U.S. this 2023 model year, not to mention the continued production and sales of 32 previous EV models, there has never been a better time to make the switch from your internal combustion gas guzzler to something greener.

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Personal: One in a Million

Clean Fleet Report

The good news about the list of EV and PHEV sales from last year is there were 86 models listed, though several were cars that have gone out of production (like my Chevy Volt) but still managed to have a few laggards left for sale. Tesla and GM both exceeded the state’s 200,000-unit sales cap on rebates.