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81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.

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Report: Almost Half of America's New EV Sales Are Leases

The Truth About Cars

The rules around federal EV tax credits changed at the beginning of this year, making it more difficult for vehicles to qualify. Even so, buyers can get around the rules by leasing an EV, which opens the door to the full $7,500 credit regardless of the model. The data comes from S&P Global Mobility and TransUnion.

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The 2021 Audi Q4 Sportback e-tron 4-door, 5-passenger EV coupe crossover is here!

Current EV

One of the most successful German-engineered luxury automotive brands, Audi AG delivered about 1.845 million vehicles globally in 2019. Audi sold just over 224,000 vehicles in 2019 and launched the brand’s first fully electric vehicle, the Audi e-tron – one of four fully electric models coming to the U.S. In the U.S.,

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2021 US EV Sales Scoreboard: RAV4 Prime and Mustang Mach-E Are The Top-Selling Non-Tesla EVs

EV Adoption

The Tesla Model Y and Model 3 of course far outsold any other EV models in the US, however since Tesla neither breaks out deliveries by market or individual model (the company reports global deliveries each for the combined Model 3/Y and S/X models) we can only estimate their sales.

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First drive in the Kia EV9: The three-row electric SUV many consumers have been waiting for

Baua Electric

By last summer, we learned the Korean automaker was expanding its US facility to include EV9 production – Kia’s first BEV to be built in America and eventually qualifying for (some) federal tax credits (more on that later). I foresee it doing well globally, especially in the SUV-crazed US. inches Second Row: 38.8

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How New Eligibility Criteria for the Electric Vehicle Tax Credit Affects You

Blink Charging

Opting for an electric vehicle and leveraging the EV tax credit to help with your next electric vehicle purchase is a smart move. One such incentive is the Clean Vehicle Credit , a key component of the Biden administration’s Inflation Reduction Act. View IRS instructions for claiming credit.

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Tesla stock: Morgan Stanley pumps the brakes and lowers PT ahead of earnings

Teslarati

In a note to investors released on Monday , analysts at the firm noted there are several factors that could spell trouble for global demand, including increased competition, pricing instability, and slowing demand for EVs. It is important to note that Volkswagen, BMW, Audi, and Ford also lost tax credit eligibility on some of their EVs.