Remove Battery Remove Gore Remove Plug-in Remove Tax Credit
article thumbnail

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.

article thumbnail

Are You Plugged In?

Revenge of the Electric Car

Are You Plugged In? Some of the first plug-in electric passenger vehicles are slated to roll onto U.S. How many plug-in electric vehicles does President Barack Obama wish to see on U.S. The president is hoping to use incentives to get one million plug-in hybrid vehicles to consumers by 2015. By Mara Lemos Stein.

Plug-in 140
article thumbnail

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. The IRA is arguably the most significant piece of climate legislation in the history of the U.S.