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Norway leads the world in moving to EVs

EV Info

This is a lot earlier than their 2025 target (which, to be clear, is not a legal requirement yet, more of a soft target agreed upon by Norway’s government). As Motor acknowledges in their article , the very last gas car probably won’t be sold in April 2022. 4 Volvo XC40 Electric car 4 995 4.51 3 Volkswagen ID.4 15 Volkswagen ID.3

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EV myths busted: Are electric vehicles safer than gas-powered cars?

Drive Electric

Throughout this article, we’ll refer to ICEVs and EVs; here’s a quick breakdown explaining the difference between the two. A plug-in hybrid electric vehicle (PHEV) contains both an electric powertrain and an internal combustion engine. Here’s what we discovered. WHAT EV MYTHS HAVE WE COVERED?

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Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

Geely, through its majority-owned companies Volvo and Polestar are already in the US – more on that later.) Currently only the Polestar 2 and Volvo S90 T8 PHEV are being produced in China for sale in the US. Volvo S90 T8 PHEV – Source: Volvo. Volvo S90 T8 PHEV – Source: Volvo.

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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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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. You should consult your own tax, legal and accounting advisors before engaging in any transaction. Federal EV Tax Credit. Not listed.