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Proposed Changes to Federal EV Tax Credit – Part 3: MSRP Must Be Less Than $80,000

EV Adoption

Should expensive electric vehicles be excluded from the federal electric vehicle tax credit (IRC 30D)? But it also means that if the base MSRP of an EV is say $78,500 — that after various upgrades, add-ons, and destination charges — an EV costing $90,000 out the door, would still qualify for the tax credit.

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Price Parity is Not the Key to EV Adoption in the US

EV Adoption

I will continue to dive into these and other key EV adoption questions in the coming months, but with this article I will share some notes and thoughts on some of the near- and longer-term challenges getting in the way of achieving these goals. EV Price Parity With ICE Vehicles Is Fast Approaching. Source: EVAdoption/Loren McDonald.

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VW Joke, Kia EV6 Details – EV Week in Review: March 23-30

EV Adoption

In addition DHL adds to its electric delivery van fleet in the US, Jeep announces plans for a Level 2 charging network and solid article was published about the current poor experience facing EV drivers at the various EV charging networks. 4 that will be arriving at dealers soon. Automakers and Models. – March 29, via Vice.

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Convincing Consumers To Buy EVs

Cars That Think

Total cost of ownership of EVs is generally less than an ICE vehicle over its expected life since they have lower maintenance costs and electricity is less expensive per mile than gasoline, and tax incentives and rebates help a lot as well.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable. More on this below.