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Tesla Model S & Model X named ‘Best Resale Value Award’ winners

Teslarati

Vehicles like the Rivian R1T, GMC Hummer EV, and Ford F-150 Lightning have become appreciating assets over the past few years. ” The Tesla Model S was recognized as the top of the luxury electric car segment, while the Tesla Model X took the top of the luxury electric SUV segment. What do you think of the article?

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President Biden signs Inflation Reduction Act, cut EV tax incentives

Teslarati

According to manufacturers, roughly 70% of electric, PHEV, and fuel cell electric vehicles are no longer eligible for incentives. At the same time, SUVs and trucks will only be eligible if they are under $80,000, while all other models will have to be under $55,000. Top-of-the-line Ford F-150 Lightnings will also no longer be eligible.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

On January 28 GM announced that it plans (aspires) to exclusively offer electric vehicles by 2035, ending production of its cars, trucks and SUVs with diesel- and gasoline-powered engines. Below are two charts I created last March for inclusion in my CleanTechnica article: GM’s 10(+) Future EV Models: Our Estimated Specs & Sales Volume.

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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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2025-2035: Rewriting The Automotive History

Get Electric Vehicle

A plug-in hybrid electric vehicle (PHEV or plug-in) has a battery that is about ten times the size of a hybrid and can drive the car for 20 to 50 miles before the gasoline engine kicks in, allowing it to operate as a fully electric commuter car Monday through Friday and as a traditional car on weekends.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. only models under $55,000 only if the government agrees to designate Model Y an “SUV”. Federal EV Tax Credit. Not listed.

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

EV Adoption

There are separate provisions for 2 & 3-wheeled EVs, electric bikes, and used 4-wheeled EVs — of which this article will not cover. For more background and detail on changing to refundable tax credit, read my article from September — Proposed Changes to Federal EV Tax Credit – Part 5: Making the Credit Refundable.