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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

JANUARY 4, 2024

These new guidelines simplify the process for drivers, providing an immediate financial incentive at the point of sale and making dealers, not individuals, collect the tax credit from the IRS. The dealership then submits “time of sale” paperwork to the IRS, and the IRS reimburses the dealer the credit amount.

Tax Credit 52
Tax Credit Tax Personal F-150 52
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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

JULY 17, 2015

In the past the auto industry has responded to incentives and guidelines set by government agencies and reengineered their product to meet this requirement. The so-called Extended Range Electric Vehicle or EREV or BEVx. Similar processes can be followed again. The BMW-i3 and the Renault Kangoo are examples.

PHEV 150
PHEV Plug-in Renewable Energy 150
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