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Progress! IRA signed into law

Electric Auto Association

The Inflation Reduction Act (IRA) is a massive climate, health care, and tax bill with the overarching goal of slowing the rise in consumer prices that have been climbing at the fastest pace in approximately 40 years. For all tax related items, consult with a tax advisor. Most comprehensive climate package in U.S.

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Final EV Tax Credit Details and More EV News

Electric Auto Association

Many Americans want to know if their next EV purchase qualifies for a full, half, or any tax credit. We also have news on the new Kia EV9 three-seater, GM moving on from Apple’s CarPlay, how to become an EV expert, and high-power charging for a truck stop. EV tax credit. kWh battery pack Est. 0-62 mph time is 9.4

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The Hottest EVs Coming Out in 2023-2024 and How to Save Big on Them

EV Life

Each model will have unique capabilities and advantages, with the top-tier SS providing 557 horsepower and a 0-60 in under four seconds and the RS offering a GM-estimated 320-mile range on a fully charged battery. And the best part about the EVs listed in this article? There’s more exciting news for Lightning fans.

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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). In this brief article I will share the 3 scenarios that lead to an EV being completely disqualified from any available tax credit amount.

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The EV Transition Explained: How to Meet Sales Targets?

Cars That Think

GM, too, is in favor of an accelerated EV mandate, believing this gives the automaker a commercial advantage over its rivals. GM wants the US Environmental Protection Administration (EPA) to make the Administration’s aspirational 50 percent EV sales goal by 2030 a national mandate instead. for obvious reasons.

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Zero EVs May Qualify For the Federal Tax Credit Under the Inflation Reduction Act Requirements

EV Adoption

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. That is a very good thing, but tying this requirement to a consumer-facing tax credit that results in few or zero EVs qualifying, is probably not the best approach.

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Lotus and Harmon partner up to add sound to hybrids

Tony Karrer Delicious EVdriven

New York 2009: Mercedes E250 Bluetec concept would get 28/39 city/hwy rating Breaking - Zero Motorcycles unveils the Zero S [w/Video] GM and Segways PUMA live reveal Hyundai to offer plug-in hybrid in U.S. New York 2009: The Scion iQ goes Big Wheels! for 2012 Featured stories Feed Greenlings: What is regenerative braking?

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