EV Adoption

JANUARY 22, 2022

I say apparently as a PR person with Stellantis, the parent company of Jeep, stated the following to me in a January 18 email: I can tell you that it is true, we were the best selling plug-in hybrid SUV last year in the US. Rick Deneau, Stellantis.

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EV Life

JANUARY 4, 2024

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Get Electric Vehicle

JUNE 12, 2023

Initial Purchase Price One factor that affects depreciation is the initial purchase price of the vehicle. Historically, electric vehicles have had a higher purchase price compared to their conventional counterparts. These incentives can offset the initial purchase cost and positively impact the resale value.

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EV Life

JULY 21, 2023

There are dozens of new electric cars, trucks, and SUVs set to debut throughout 2023-2024, which is great news for drivers that are looking for the right EV to fit their needs. The Chevy Blazer is one of the most iconic SUVs ever made, and the Blazer EV is the newest addition to its storied legacy.

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Electric Auto Association

APRIL 5, 2023

Many Americans want to know if their next EV purchase qualifies for a full, half, or any tax credit. A three-seater Kia EV9 SUV will be sold in the 2024 model year. Tesla has offered third-row vehicles, but the eye-catching 2024 EV9 provides a more traditional SUV third-row (image above). EV tax credit.

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EV Adoption

NOVEMBER 29, 2021

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). Of course we presume that the base trim model must actually be available to purchase, and not just planned for the future.

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EV Life

OCTOBER 14, 2023

For the Model X, the new base price of $79,990 (down $8,500 from the previous price) means it now qualifies for the federal tax credit of $7,500 outlined by the Inflation Reduction Act of 2022. The federal tax credit has MSRP limits of $55,000 for cars and $80,000 for SUVs and trucks. And it doesn’t stop there.

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Charged EVs

SEPTEMBER 27, 2021

In Europe, it was smaller Jeeps—the subcompact Renegade and compact Compass family SUV—that got their plugs first. One’s the best of the dwindling segment of 7- and 8-seat vehicles that aren’t hulking SUVs. The other is the SUV that started it all, an iconic vehicle known the world over for ruggedness and go-anywhere capability.

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EV Adoption

MAY 8, 2021

With gas-powered cars and trucks accounting for a majority of new vehicles being purchased likely until around 2032-2035, it means that a high percentage of gas-powered vehicles purchased in 2021 will still be on the road in 2033. The average age of vehicles in operation has increased 40.5% since 1995 from 8.4 years to 11.8

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Cars That Think

DECEMBER 23, 2022

There is also a push to make those who own SUVs pay a steep annual registration fee to discourage their ownership, as is happening in Washington, D.C. Additionally, there are also price caps on the EVs that are eligible,—$55,000 for autos and $80,000 for SUVs or vans. So the value of the credit means little to the less well-off.

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EV Life

AUGUST 17, 2022

Federal EV Tax Credit. 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. The tax credit depends on the manufacturer you choose and vehicle battery.

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EV Adoption

AUGUST 4, 2022

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. The caps are $80,000 for trucks, vans, and SUVs and $55,000 for sedans, sports cars, and station wagons. Joe Manchin, via the Wall Street Journal.

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Get Electric Vehicle

JANUARY 29, 2023

She claims that the Mustang Mach E electric SUV and the Volvo XC40 EV are around 33% heavier than their fuel versions. Aside from EVs, the country’s roadways are clogged with heavy vehicles, owing to a decade-long surge in sales of larger cars, trucks, and SUVs, which has resulted in extreme mismatches in crashes with smaller vehicles.

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Clean Fleet Report

SEPTEMBER 8, 2022

While many of the legislation’s provisions–such as the new and modified tax credits–encourage individual consumers to purchase a new or used electric vehicle, these measures also have the potential to benefit companies that make a similar move on a larger scale. The Bolt EV could help a company meet its ESG goals.

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EV Adoption

NOVEMBER 26, 2021

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.

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Tony Karrer Delicious EVdriven

APRIL 28, 2009

Tax credit incentives are also available to consumers in the U.S. market for sustainable “green” energy purchases. Related Articles Chrysler May Dodge the Banking Bullet Quick Read Apr 28, 2009 Group 1 Automotive Inc. What are the chances that a $40K Chevy Volt would ever be purchased much less make $$.

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Charged EVs

SEPTEMBER 22, 2022

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

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Baua Electric

MAY 12, 2024

Here’s an article about the steel crisis from 2021 from the Alliance for American Manufacturing, which makes parallels to today’s situation between the US and China. It offers tax credits to EV purchasers, as long as those EVs include domestically-sourced components and are assembled in North America.

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