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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. Battery components.

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Are You Plugged In?

Revenge of the Electric Car

Plug-in hybrids differ from hybrids on the road today in that they can go longer distances on battery power and can be recharged via electrical outlets. Answer: Al Gore is an investor in Fisker through venture-capital firm Kleiner Perkins Caufield & Byers. All will qualify for a $7,500 federal tax credit.

Plug-in 140
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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

The IRA, which, in addition to its climate-centric provisions, includes important steps to curb healthcare costs, particularly in the form of inflated prescription drug prices, crack down on tax cheats and revitalize U.S. Honda announced just days ago that it has struck a deal with Korean battery giant LG Energy Solution to build a $4.4