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DOE publishes list of EVs eligible for new tax credit

Teslarati

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. GMC Hummer Pickup. GMC Hummer SUV. The post DOE publishes list of EVs eligible for new tax credit appeared first on TESLARATI. BMW 3-series Plug-In. Nissan Leaf.

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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

Audi’s Q4 e-tron and Q8 e-tron, as well as the GMC Hummer EV SUV, have inventories that are well above 100 days. One particular reason behind the lack of sales for vehicles like the GMC Hummer EV SUV and the Hyundai Ioniq 5 may be their ineligibility for the Inflation Reduction Act’s (IRA) federal tax credits.

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Putting the “Utility” in Sport Utility Vehicle: Which Electric SUVs Perform Best Off-Road?

EV Life

These standards are important because they dictate the MSRP limit the vehicle must meet in order to qualify for the federal EV tax credit, which can make or break sales numbers. If a vehicle qualifies as a car, the MSRP limit is $55,000 to be eligible for the tax credit. sec 7,400 lb-ft 250 miles Hummer EV2X 625 hp 4.5

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4 Best Electric Car Super Bowl Ads (And How To Save Thousands On These EVs)

EV Life

Here are the top four electric vehicle ads (along with their rebates, tax credits, and other incentives): Ford Mustang Mach-E (2020). MSRP: From $43,895 Incentives: up to $7500 federal tax credit, up to $5,000 in state rebates Verify your incentives. GMC Hummer EV (2021). Audi e-Tron (2020). Availability: Late 2020.

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New electric vehicle models available now

Plug in America

Many of these vehicles are eligible for the federal EV tax credit of up to $7,500 and other state/local incentives. Audi Q4 e-tron and Q4 Sportback e-tron. The Audi Q4 e-tron and Q4 Sportback e-tron are both all-wheel drive electric vehicles. Audi e-tron GT. The e-tron GT is Audi’s sporty high-performance EV.

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

EV Adoption

Especially if Congress removes the OEM cap which would mean at least a $7,500 tax credit and as much as $12,500, the Bolt has the potential to be the top selling EV in the US in 2022 other than models from Tesla. New Models: Four new models Mazda MX-30, Hyundai IONIQ 5, Lexus NX 450h+ and GMC Hummer EV Pickup all began deliveries in Q4.

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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.