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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

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First Drive: 2016 Hyundai Sonata PHEV and HEV

Green Car Congress

Hyundai will initially offer the Sonata Plug-in Hybrid in the ZEV states—California, Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Vermont—in 2015. EV mode, or all-electric battery charge depleting mode, can handle speeds up to approximately 75 mph (121 km/h). Click to enlarge.

PHEV 150
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Gas War: U.S. House Suggests Ending California Emissions Authority, White House Says Nope

The Truth About Cars

Furthermore, the EPA cannot legally issue a formal ban on combustion vehicles. At the time, the White House claimed this would result in Americans having limited choices, being forced into more-expensive automobiles, and ultimately advantage China as the world’s largest battery producer.