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EV tax credit union boost, Hyundai Tucson PHEV pricing, BMW EV range: Today’s Car News

Green Car Reports

The Hyundai Tucson Plug-In Hybrid beats the RAV4 Prime on affordability. And controversy swirls over a boost being given to unions as part of the EV tax credit. A revamped version of the federal EV tax credit, lifting the. BMW is sitting out the race for more mass-market EV range. We help break down why.

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Toyota hybrid pickup, EVs with the most range, prices for Q4, EQS, Tucson PHEV: The Week in Reverse

Green Car Reports

Which affordable electric vehicle earned top safety recognition? What issue is splitting automakers’ support of a proposed EV tax credit expansion? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending September 24, 2021.

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President Biden signs Inflation Reduction Act, cut EV tax incentives

Teslarati

President Joe Biden will sign the Inflation Reduction Act today, and the act will cut EV tax incentives with it. Most cuts come from the bill’s requirement of US assembly and price limits for qualifying vehicles. The act makes loans and tax breaks available to manufacturers to switch production to electric vehicles.

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Carvana trends report: Used EVs narrow price gap with ICE cars, triggering sales growth potential

Baua Electric

According to the data gathered, Carvana saw that its used EV sales mix achieved new highs while the price margin compared to traditional combustion vehicles narrowed. With more options available, Carvana has seen the average sale price of BEVs decrease, dropping from $13,000 in Q1 2023 to just $7,000 a year later.

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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. Average Transaction Prices. Fifteen or 18.3% Fifteen or 18.3%

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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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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). In this part 2 article, we’ll dive deeply into the elimination of the per manufacturer 200,000 EVs sold phaseout.