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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. Formerly eligible models from BMW, Audi, Volkswagen, and Volvo have been bumped off the list.

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

EV Life

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.

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BMW is Willing to Pay to Attract Customers from Other EV Brands

The Truth About Cars

Tesla might not be the most dominant EV maker in the world, but it’s on top of the market here in the United States. Cars Direct reported that the BMW 2024 BEV Conquest Program includes several other brands, including Audi, Mercedes-Benz, Polestar, Porsche, Rivian, and Lucid. Ford Mustang Mach-E and VW ID.4

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Tesla supporters protest after IRA incentives shun popular BEVs, support hybrids

Teslarati

Tesla and electric vehicle supporters are responding negatively to the Inflation Reduction Act’s qualified cars for its EV incentive. Credit: US Department of Energy. ” Vehicles in the SUVs/Trucks/Vans category are eligible for the IRA’s tax credit if they are priced at $80,000 or below.

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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. Electric vehicle prices are down more than 22 percent year-over-year, standing at an average of $50,683 compared to $65,295 during September 2022. The electric vehicle industry as a whole decreased 2.9

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4 Best Electric Car Super Bowl Ads (And How To Save Thousands On These EVs)

EV Life

There was one surprise winner at Super Bowl 2020: electric cars. More than one of the most watched sporting events in the United States, the Super Bowl has become a platform for some of the highest profile ads. At this year’s event, car makers debuted a record four ads for electric vehicles (EVs). Join waitlist.

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The 2021 Audi Q4 Sportback e-tron 4-door, 5-passenger EV coupe crossover is here!

Current EV

One of the most successful German-engineered luxury automotive brands, Audi AG delivered about 1.845 million vehicles globally in 2019. Audi sold just over 224,000 vehicles in 2019 and launched the brand’s first fully electric vehicle, the Audi e-tron – one of four fully electric models coming to the U.S.

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