Green Car Reports

APRIL 12, 2023

Volkswagen plans to sell 25 all-electric models in the U.S. by 2030, all of which will qualify for the full $7,500 federal tax credit under new Inflation Reduction Act (IRA) rules, the top U.S. executive of VW said in an interview with Bloomberg (via Automotive News Europe). "We

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Teslarati

APRIL 7, 2023

The Tesla Model 3 RWD, the most affordable vehicle in the company’s lineup, will see its federal tax credit reduced from $7,500 to $3,750, as confirmed by an update on Tesla’s official Model 3 page. The reduction in the federal tax credit for the Model 3 RWD will take effect on April 18.

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Electrek

MARCH 7, 2024

Who says electric cars are too expensive? The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000.

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Green Car Reports

DECEMBER 16, 2021

The EV tax credit could be stalled for months in the Senate. We get a first look at an all-electric GMC Sierra. General Motors’ GMC truck brand yesterday teased the all-electric version of its Sierra. The Lucid Air is a Best Car To Buy Finalist. And how much does cold weather affect EV range?

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Electric Cars Report

MARCH 8, 2024

Honda announced that most all-new 2024 Honda Prologue models, the first all-electric Honda SUV, will qualify for the U.S. 7,500 EV tax credit. The federal tax credit applies to the purchase of all 2024 Prologues built after Feb. All 2024 Prologues will qualify when leased.

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Teslarati

JULY 12, 2023

Tesla has updated the Model 3 sedan’s landing page with a new message about the all-electric sedan and its eligibility for the US Inflation Reduction Act’s (IRA) federal tax credit. If such plans do come to fruition, Tesla would be able to produce batteries for its electric cars on US soil.

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Baua Electric

MARCH 19, 2024

Photo: Tesla If you bought an EV or made electric upgrades in 2023, then use this Rewiring America tool to confirm which Inflation Reduction Act (IRA) tax credits you qualify for. The IRA tax credits are new, so it’s good to have a tool to refer to during tax preparation.

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Teslarati

MARCH 28, 2024

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. By producing the EV9 in Georgia, the all-electric SUV could qualify for a partial EV tax credit.

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Baua Electric

MARCH 6, 2024

Nissan and the IRS announced today that the Leaf has regained eligibility for the federal tax credit for electric vehicles. With now $3,750 in tax credit, the Leaf can start at just $24,400 – making it one of the cheapest EVs in the US. It means that The Leaf doesn’t meet the critical minerals requirement.

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Teslarati

JULY 29, 2022

Long-range all-electric trucks like the Tesla Semi will not come cheap. That’s higher than the cost of a comparable diesel-powered Class 8 truck, so the Tesla Semi would have to be very compelling to convince drivers and fleet owners to make the switch to electric. The Tesla Semi would likely qualify for these incentives.

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Electrek

NOVEMBER 7, 2022

You may be in luck if you’re looking to buy an electric vehicle. A new bill introduced in the Senate called the Affordable Electric Vehicles for America Act would allow essentially all EVs in the US to qualify for the $7,500 tax credit if passed.

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Electrek

SEPTEMBER 1, 2022

Although this all-electric SUV and its battery components will be built on US soil, its price tag will prevent US customers from qualifying for federal tax credits. The post Mercedes-Benz all-electric EQS SUV will be too luxuriously priced for US federal tax credits appeared first on Electrek.

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Teslarati

JULY 4, 2022

The road ahead for Toyota as it starts competing seriously in the all-electric market just got a lot tougher. As recently corroborated by the veteran Japanese carmaker, it has already crossed the 200,000-unit cap for the United States’ $7,500 tax credit for hybrid and all-electric vehicles.

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Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. The all-electric pickup truck is scheduled to launch by 2024. If it does, the Silverado EV will qualify for the IRA’s full $7,500 EV tax credit.

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Electrek

OCTOBER 16, 2023

The electric car that started it all now qualifies for the $3,750 EV tax credit. After satisfying a portion of the requirements, Nissan has been able to certify that 2024 LEAF EVs are eligible for the credit. more… The post Nissan’s LEAF EV now qualifies for a $3,750 tax credit appeared first on Electrek.

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Teslarati

FEBRUARY 3, 2023

Tesla stock ( NASDAQ: TSLA ) continued to climb on Friday following news that Model Y vehicles would completely qualify for electric vehicle tax credits. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com.

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Electric Cars Report

FEBRUARY 28, 2024

4 will be available in three trim levels—entry, S and S Plus—with the option of 62 kWh or 82 kWh batteries, as well as rear-wheel- or all-wheel drive. 4 Priced At $39,735, Eligible For The Full Federal Tax Credit appeared first on Electric Cars Report. The 2024 Volkswagen ID.4 MSRP for the 2024 Volkswagen ID.4

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Baua Electric

MAY 3, 2024

Treasury Department on Friday gave automakers additional flexibility on battery mineral requirements for electric vehicle tax credits on some crucial trace minerals from China, such as graphite. New rules took effect on Jan. ” The new rules, required under an August 2022 law, are designed to wean the U.S. .

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Baua Electric

MARCH 7, 2024

Who says electric cars are too expensive? The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000. FTC: We use income earning auto affiliate links.

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Electrek

JUNE 30, 2023

With more mainstream curiosity surrounding EVs, bolstered by a ten year extension in federal tax credits under the Inflation Reduction Act, there’s never been a more exciting time to buy an EV, and there has never been a wider selection of options to choose from. Luckily for you, we’ve broken it all down, state-by-state, below.

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Teslarati

FEBRUARY 3, 2023

Tesla’s complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act, as the Internal Revenue Service (IRS) has increased the applicable MSRP limit to $80,000 across each of the all-electric crossover’s configurations.

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EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. 4 , and more.

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EV Life

JANUARY 11, 2024

Electric vehicles are becoming more and more common on the roads across the country. With climate change awareness increasing, gas prices continuing to climb, EV charging stations expanding, and tons of new EV options hitting the market each year, it’s no surprise that electric vehicle purchases are skyrocketing.

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Blink Charging

FEBRUARY 23, 2023

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. It does not act as a rebate (until 2024).

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Baua Electric

JANUARY 25, 2024

4 electric crossovers on sale now are eligible for the full $7,500 federal EV tax credit, VW confirmed Wednesday in a press release. 4 will retain the tax credit for the entirety of the 2024 calendar year. 4 models are still being sold, with a base price of $40,290, including destination, before the tax credit.

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Electric Auto Association

FEBRUARY 7, 2023

Know which EVs are eligible Chrysler Pacifica Plug-in Hybrid The Inflation Reduction Act of 2022 changed the rules for the US tax credit for electric vehicles (EV) purchased from 2023 to 2032. Sign up for our newsletter. Email Address Sign Up We respect your privacy. Thank you!

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Baua Electric

SEPTEMBER 1, 2023

. “One of the things we have been discussing is a two year-moratorium on the [tax credit] formula, which is currently based on income for the $7,500 credit, for it to be available for all makes, for all models, for all vehicles.”

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Teslarati

AUGUST 7, 2023

Used Teslas will now qualify for the $4,000 tax credit through the Inflation Reduction Act (IRA) that is applicable for electric vehicles (EVs), Plug-In Hybrid Electric Vehicles (PHEVs), and Fuel Cell Electric Vehicles (FCEVs). Now, all four currently-available models and the Original Roadster appear on the list.

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EV Adoption

AUGUST 18, 2021

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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Teslarati

FEBRUARY 6, 2023

Tesla ( NASDAQ: TSLA ) had its price target at Wedbush raised to $225 from $200 on Monday morning, as analysts Dan Ives and John Katsingris believe new developments out of China, as well as the revised U.S. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com.

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Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. This comes after several GM electric models were excluded, starting this week. The company said all other EVs under the price cap would qualify, leaving only the Chevy Bolt EV , which is scheduled to end production.

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Teslarati

FEBRUARY 7, 2023

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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Baua Electric

MARCH 28, 2024

Kia’s first three-row electric SUV is off to a good start. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Starting under $55,000, Kia calls its electric family move an “industry wake-up call.” The EV9 is expected to qualify for the full $7,500 tax credit by early 2025.

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EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Electrek

MARCH 8, 2023

Since the all-electric luxury SUV will be built at Mercedes’ production facility in Alabama, certain trims may qualify for federal tax credits under new terms outlined in the Inflation Reduction act. Learn how all the price tiers break down below.

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Electrek

OCTOBER 5, 2022

With more mainstream curiosity surrounding EVs, bolstered by a ten year extension in federal tax credits under the Inflation Reduction Act, there’s never been a more exciting time to buy an EV, and there has never been a wider selection of options to choose from. Luckily for you, we’ve broken it all down, state-by-state, below.

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Baua Electric

MAY 3, 2023

Kia The united states will incline aggressively into an Inflation Relief Office provision that permits it to go ailing a $7,500 federal incentive to electrical automobile shoppers who choose to hire as opposed to purchase, in line with Eric Watson, the automaker’s gross sales leading. or in a rustic the place the U.S. now to 30 to 40 p.c,

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