Battery, SUV, Tax and Tax Credit

IRS invites consumers to comment on EV tax credit qualifications

Teslarati

JANUARY 3, 2023

The Internal Revenue Service (IRS) is inviting consumers to share comments on the electric vehicle tax credit qualifications. In December, the IRS announced the vehicles that qualified for the 2023 EV tax credit. Some of these vehicles include plug-in hybrid EVs that use gas and batteries. Credit: IRS.

Tax Credit

Tax Credit Tax SUV Washington

All 2023 VW ID.4 models qualify for top $7,500 EV tax credit

Green Car Reports

APRIL 20, 2023

4 models will qualify for the highest $7,500 federal EV tax credit amount under the latest rules, VW confirmed Wednesday in a press release. 4 crossover SUVs, as well as local battery sourcing, help allow the ID.4 4 to qualify for the full credit amount. All 2023 Volkswagen ID.4 Local assembly of U.S.-market

Tax Credit

Tax Credit Tax SUV Market

Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Green Car Congress

JANUARY 6, 2020

Fisker is pricing its new Ocean electric SUV with an MSRP of US $37,499. After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit-approved customers.

Tax Credit

Tax Credit Fisker Tax SUV

Tesla starts applying EV tax credit at time of purchase

Baua Electric

JANUARY 17, 2024

Fewer Tesla EVs now qualify for the $7,500 federal EV tax credit, but for those that do, Tesla is now applying the credit at the time of purchase. The automaker’s website now says that eligible buyers will have the full $7,500 credit applied when they purchase their vehicles. Tesla started warning customers in Dec.

Tax Credit

Tax Credit Tax Purchase Tesla

Volkswagen ID.4 with SK ON battery components eligible for full $7,500 tax credit in 2024

Teslarati

JANUARY 25, 2024

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 starts with an MSRP of $38,995 for the Standard variant, which has a 62 kWh battery and an EPA-estimated range of 209 miles. 4 with two battery and powertrain options.

Tax Credit

Tax Credit Tax Batteries Battery

These are the EVs that still qualify for the $7,500 tax credit in 2024

Teslarati

JANUARY 2, 2024

electric vehicle (EV) tax credit have taken effect, significantly limiting the number of qualifying options in 2024. Despite the list of qualifying EVs getting shorter , the 2024 guidance also lets sellers offer the rebate at the point of sale , rather than buyers being forced to wait until doing their taxes.

Tax Credit

Tax Credit Tax F-150 PHEV

EV Tax Credit Changes: Ford Mustang Mach-E Unlikely to Qualify in 2024

The Truth About Cars

DECEMBER 7, 2023

Earlier this year, the rules around EV tax credits seemed to be changing every other week. While things have calmed down since then, we’re about to see more action on the topic, as the Treasury recently released new guidance on battery materials sourcing that will upend credits for some EVs.

Tax Credit

Tax Credit Tax Ford Kentucky

Mercedes-Benz all-electric EQS SUV will be too luxuriously priced for US federal tax credits

Electrek

SEPTEMBER 1, 2022

Spoiler alert: A week after announcing the first EQS SUV models began rolling off its US assembly lines, Mercedes-Benz has finally shared what starting price and trims consumers can expect to see. The post Mercedes-Benz all-electric EQS SUV will be too luxuriously priced for US federal tax credits appeared first on Electrek.

Tax Credit

Tax Credit Tax Mercedes All-Electric

GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. The Chevrolet Silverado EV will be equipped with GM’s Ultimum Platform and probably the Ultium battery pack. Treasury’s proposed guidance on critical minerals and battery component requirements.

Tax Credit

Tax Credit Silverado Chevrolet Tax

2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

Baua Electric

MARCH 7, 2024

The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000. Honda announced the 2024 Prologue is eligible for the full $7,500 EV tax credit.

Tax Credit

Tax Credit Honda Tax SUV

$79,050 2023 Mercedes-Benz EQE SUV makes EV tax credit cut

Green Car Reports

MARCH 8, 2023

Mercedes-Benz will soon have three fully electric SUVs for sale in the U.S., including the smaller EQB and larger EQS SUV models already on sale. On Wednesday, it released prices for the middle model, the 2023 Mercedes EQE SUV. The EQE SUV has all the makings of a made-in-America EV.

Tax Credit

Tax Credit Mercedes SUV Alabama

This Volkswagen EV Now Comes with Full Tax Credit Benefits

The Truth About Cars

JANUARY 30, 2024

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. 4 models is conditional on future battery production and may be subject to change. 4 The 2023 ID.4

Tax Credit

Tax Credit Tax EPA Tennessee

Kia looks to secure US federal tax credit for EV9 in 2025

Teslarati

MARCH 28, 2024

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. By producing the EV9 in Georgia, the all-electric SUV could qualify for a partial EV tax credit.

Tax Credit

Tax Credit Kia Tax Georgia

How Do the Electric Vehicle Tax Credits Work?

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

Tax Credit

Tax Credit Tax Electric Vehicles North America

Tesla Model Y’s complete lineup now qualifies for EV tax credits through Inflation Reduction Act

Teslarati

FEBRUARY 3, 2023

Tesla’s complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act, as the Internal Revenue Service (IRS) has increased the applicable MSRP limit to $80,000 across each of the all-electric crossover’s configurations.

Tax Credit

Tax Credit Tax Tesla SUV

Chevy Blazer EV stop-sale ends with drastically lower prices, full tax credit eligibility

Baua Electric

MARCH 8, 2024

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. The electric SUV also regained the full $7,500 EV tax credit after adjusting its battery supplier. Tesla’s Model Y starts at $36,490 after the EV tax credit.

Tax Credit

Tax Credit Tax Price Sale

Volkswagen confirms that U.S.-assembled MY23 ID.4 is eligible for full $7,500 Federal Tax Credit in 2023

EV Specifications

APRIL 19, 2023

4 models that are placed in service this year will be eligible for the full $7,500 Federal Tax Credit, making it not only extremely affordable, but competitive with conventional compact SUVs. Volkswagen is pleased to announce that all MY23 ID.4

Tax Credit

Tax Credit Tax Affordable SUV

Subaru mistakenly says 2024 Solterra owners are eligible for the $7,500 EV tax credit

Baua Electric

JANUARY 26, 2024

Subaru mistakenly said some 2024 Solterra owners will qualify for the $7,500 EV tax credit. Subaru “owners” are not eligible for $7,500 EV tax credit Subaru introduced the 2024 Solterra electric SUV yesterday with new upgrades, including faster charging and more. That’s including a $1,345 destination fee.

Tax Credit

Tax Credit Tax Purchase Price

The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

Tax Credit

Tax Credit Tax Buy Purchase

Kia to begin EV9 production in the US by May, expects $7,500 EV tax credit eligibility by 2025

Baua Electric

MARCH 28, 2024

Kia’s first three-row electric SUV is off to a good start. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. The EV9 is expected to qualify for the full $7,500 tax credit by early 2025. However, Kia will accelerate EV9 momentum with plans to begin US production by May.

Tax Credit

Tax Credit Kia Tax Production

GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. 4, Ford Mustang Mach-E, and Nissan LEAF.

Tax Credit

Tax Credit Tax GM Cadillac

Hyundai says its first EV plant will open this year to gain the $7,500 tax credit

Baua Electric

FEBRUARY 9, 2024

The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October. According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. Munoz said EVs produced at the new plant will qualify for the tax credit.

Tax Credit

Tax Credit Hyundai Tax Kia

DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

DECEMBER 12, 2013

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Funded at $2.3 Funded at $2.3 Lead organization. Description.

Tax Credit

Tax Credit Tax Clean Cleaning

Kia will push EV leasing to harvest tax credit score boon

Baua Electric

MAY 3, 2023

. “There’s been a bit of a pause in the industry for some brands on electric vehicle sales as everyone sorted out the tax implications of the Inflation Reduction Act,” Watson defined. On account of the tax credit score adjustments, Kia expects leasing as a proportion of its EV trade to extend from 15 p.c

Tax Credit

Tax Credit Kia Tax South Korea

EPA confirms 249-mile range for Volkswagen ID.4 AWD Pro electric SUV

Green Car Congress

SEPTEMBER 15, 2021

4 electric SUV. 4 models offer an 82kWh (gross) battery along with a permanent-magnet synchronous motor in the rear and an asynchronous motor in the front offering a combined maximum 295 horsepower and 339 pound-feet of torque. 4 AWD Pro has a starting MSRP of $43,675, before a potential Federal tax credit of up to $7,500.

EPA

EPA Miles San Diego SUV

Kia to Rely on Lease Loophole to Make Its EVs Eligible for Tax Credit

The Truth About Cars

MAY 4, 2023

Though their electric vehicle lines are among the most compelling new zero-emissions models, Kia and Hyundai’s EVs don’t currently qualify for federal tax credits because of where they’re built. Both are working toward bringing EV production to the U.S., Image: Kia] Become a& TTAC insider.

Tax Credit

Tax Credit Kia Tax South Korea

Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

APRIL 7, 2023

That’s why it’s no surprise that the high sticker price of many electric vehicles, particularly Tesla models, has long been one of the main deterrents for people looking to buy a new car, truck, or SUV. Any unused funds are not available as a refund or to be used on the following year’s taxes. Not anymore.

Tax Credit

Tax Credit Tax Tesla Purchase

Volkswagen upgrades the 2024 ID.4 EV with more performance, power and technology

Green Car Congress

SEPTEMBER 6, 2023

4 electric compact SUV is getting a major upgrade for its 82 kWh battery models, including a new performance drive unit that delivers greater performance and expected improvement to EPA-estimated range, an improved infotainment display, and a new premium audio system, among other features. Pricing for the 2024 ID.4 The 2023 ID.4

Tax Credit

Tax Credit Powered Power Tennessee

Rivian Standard pack R1S, R1T arrive: Up to 315 miles, no LFP yet

Green Car Reports

FEBRUARY 8, 2024

Rivian on Thursday revealed long-awaited Standard and Standard+ versions of its R1T pickup and R1S SUV—essentially ready to be delivered now, with what appears to be a $3,100 price drop, and likely qualifying for the same EV tax credit as other versions.

Standards

Standards Tax Credit Miles Tax

Tesla tax credits cut, BMW gas engines run on, Europe likes SUVs: Today's Car News

Green Car Reports

JUNE 28, 2019

Tesla faces another drop in tax-credit eligibility for its cars on Monday. The company is also reportedly working to develop its own batteries. The federal tax credit on Teslas is. Automakers are concerned they won't be able to sell enough EVs in Europe. And BMW says gas engines won't go away any time soon.

Tax Credit

Tax Credit Tax BMW Europe

J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

MARCH 30, 2023

The first evidence can be seen in consumer interest in the Ford Mustang Mach-E and the Tesla Model Y following the reclassification of both vehicles as SUVs, which made them eligible for a $7,500 federal tax credit under the Inflation Reduction Act. Consumers responded immediately with a 3.4

Price

Price Power Powered Tax Credit

Ford re-opens order books for Mach-E; higher range, lower pricing; all standard range models with LFP packs

Green Car Congress

MAY 3, 2023

Ford is re-opening its order banks for the all-electric Mustang Mach-E as completed plant upgrades support production ramp in the second half of 2023, with feature improvements including increased range for standard range battery models to a targeted EPA-estimated range of 250 miles for RWD and 226 miles for eAWD. Earlier post.)

Standards

Standards Range Ford Price

How The IRS Ignored The Inflation Reduction Act & Snubbed The Most Popular Electric SUVs From The Federal Tax Credit

CleanTechnica EVs

JANUARY 10, 2023

The classification decisions made by the Treasury are not consistent with either the letter or intent of the Inflation Reduction Act, are unfair to full battery electric vehicles, and are confusing for consumers.

Tax Credit

Tax Credit Tax SUV Electric

The Best Electric SUVs on the Market

EV Life

JUNE 8, 2023

These spacious, versatile, and family-friendly vehicles offer drivers the best of many worlds in one, so it’s no surprise that the release of electric SUVs on the market was highly anticipated and met with excitement by EV fans and SUV enthusiasts alike. Which Electric SUVs Have the Most Range? The good news? The other upside?

SUV

SUV Tax Credit Market Tax

Ford prices C-MAX Energi plug-in hybrid at $29,995 after federal tax credit; expects conquest rate of about 50%

Green Car Congress

JULY 24, 2012

Its eligibility for a $3,750 federal tax credit drops that to $29,995. Both Prius Plug-in models qualify for a federal tax credit of $2,500. C-MAX Energi also is expected to qualify for additional tax credits up to $1,500 in California. The base MSRP for the Prius Plug-in Hybrid is $32,000.

Tax Credit

Tax Credit Plug-in Tax Ford

Toyota and Nissan EV tax credit, Vinfast US plant, breaking down the EV partisan divide: The Week in Reverse

Green Car Reports

APRIL 2, 2022

Which automaker announced plans to build electric SUVs in North Carolina? What is the most expensive material widely needed for EV batteries? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 1, 2022.

Tax Credit

Tax Credit North Carolina Nissan Toyota

Volkswagen boosts range of 2022 ID.4 electric SUV to EPA-estimated 280 miles

Green Car Congress

FEBRUARY 23, 2022

4 electric SUV offers an EPA-estimated range of 280 miles—an increase of 20 miles from the 2021 model. 4 models offer an 82kWh (gross) battery along with a permanent-magnet synchronous motor in the rear, offering 201 hp and 229 lb-ft (310 N·m) of torque. Volkswagen of America announced that the 2022 ID.4

EPA

EPA Miles Range SUV

Government of Canada investing nearly $15M in new EV chargers across the GTA

Green Car Congress

FEBRUARY 4, 2023

billion to extend the government’s purchase incentive program until March 2025 and to expand the types of vehicle models eligible under the program, which would include more vans, trucks and SUVs. Budget 2022 delivered an additional $1.7

Canada

Canada Tax Credit Clean Cleaning

Kia shatters US sales record again with its first three-row electric SUV picking up steam

Baua Electric

SEPTEMBER 4, 2024

As demand for its first three-row electric SUV, the EV9 , continues to build, Kia’s EV sales climbed 27% from last year. Kia credited higher demand for SUVs and EVs for the record-breaking performance. One bright spot was Kia’s first three-row electric SUV, the EV9. However, a bigger (84 kWh vs 77.4

Kia

Kia SUV Sale Tax Credit

Kia is recalling 12,400 EV9 SUVs over faulty remote parking assist that may not stop

Baua Electric

SEPTEMBER 24, 2024

2024 Kia EV9 GT-Line (Source: Kia) Kia’s first three-row electric SUV has helped it achieve back-to-back record US sales months. Starting at $56,395, Kia calls the electric SUV’s price tag a “wake-up call to the industry.” The NHTSA campaign number is 24V693000. FTC: We use income earning auto affiliate links.

Kia

Kia SUV Tax Credit Light

Volkswagen ID.4 receives the 2024 MotorWeek Drivers’ Choice Award

Teslarati

FEBRUARY 9, 2024

4 SUV was just the start of all things EV for VW. 4 with SK ON battery components eligible for full $7,500 tax credit in 2024 The 2023 and 2024 ID.4 4 with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 EV tax credits. It is the second time the VW ID.4

Tax Credit

Tax Credit Davis Tax SUV

Jeep partnering with Electrify America to install chargers at select trailheads

Green Car Congress

MARCH 27, 2021

Jeep-branded EV charging stations will be installed at or near the trailheads of Jeep Badge of Honor off-road trails over the next year, allowing owners to take full-advantage of their electrified Jeep SUV. With Level 2 charging, the 17 kWh battery pack in the Jeep Wrangler 4xe can be fully recharged in about two hours. liter engine.

Jeep

Jeep Installation America Tax Credit

Ford: Two new electric trucks, more hybrids, no three-row electric SUV

Baua Electric

AUGUST 21, 2024

Ford on Wednesday said it plans to launch more hybrids and cut back on a previously announced battery-electric vehicle as it adjusts to the changing landscape for electrified vehicles. A previously announced three-row SUV originally planned for launch in 2025 has been canceled.

Ford

Ford SUV Hybrid F-150

Toyota invests more in the United States for battery & BEV production

Teslarati

MAY 31, 2023

The veteran automaker plans to invest more in its North Carolina battery plant in preparation for a new battery-electric SUV. Toyota’s electric SUV will be assembled in the United States, qualifying for the Inflation Reduction Act’s (IRA) electric vehicle (EV) tax incentives. Toyota is investing another $2.1

United States

United States North Carolina Toyota Kentucky

IRS invites consumers to comment on EV tax credit qualifications

All 2023 VW ID.4 models qualify for top $7,500 EV tax credit

Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Tesla starts applying EV tax credit at time of purchase

Volkswagen ID.4 with SK ON battery components eligible for full $7,500 tax credit in 2024

These are the EVs that still qualify for the $7,500 tax credit in 2024

EV Tax Credit Changes: Ford Mustang Mach-E Unlikely to Qualify in 2024

Mercedes-Benz all-electric EQS SUV will be too luxuriously priced for US federal tax credits

GM expects Chevrolet Silverado EV to get full $7,500 tax credit

2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

$79,050 2023 Mercedes-Benz EQE SUV makes EV tax credit cut

This Volkswagen EV Now Comes with Full Tax Credit Benefits

Kia looks to secure US federal tax credit for EV9 in 2025

How Do the Electric Vehicle Tax Credits Work?

Tesla Model Y’s complete lineup now qualifies for EV tax credits through Inflation Reduction Act

Chevy Blazer EV stop-sale ends with drastically lower prices, full tax credit eligibility

Volkswagen confirms that U.S.-assembled MY23 ID.4 is eligible for full $7,500 Federal Tax Credit in 2023

Subaru mistakenly says 2024 Solterra owners are eligible for the $7,500 EV tax credit

The EV Tax Credit: Buy Now or Wait Until 2024?

Kia to begin EV9 production in the US by May, expects $7,500 EV tax credit eligibility by 2025

GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Hyundai says its first EV plant will open this year to gain the $7,500 tax credit

DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Kia will push EV leasing to harvest tax credit score boon

EPA confirms 249-mile range for Volkswagen ID.4 AWD Pro electric SUV

Kia to Rely on Lease Loophole to Make Its EVs Eligible for Tax Credit

Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

Volkswagen upgrades the 2024 ID.4 EV with more performance, power and technology

Rivian Standard pack R1S, R1T arrive: Up to 315 miles, no LFP yet

Tesla tax credits cut, BMW gas engines run on, Europe likes SUVs: Today's Car News

J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Ford re-opens order books for Mach-E; higher range, lower pricing; all standard range models with LFP packs

How The IRS Ignored The Inflation Reduction Act & Snubbed The Most Popular Electric SUVs From The Federal Tax Credit

The Best Electric SUVs on the Market

Ford prices C-MAX Energi plug-in hybrid at $29,995 after federal tax credit; expects conquest rate of about 50%

Toyota and Nissan EV tax credit, Vinfast US plant, breaking down the EV partisan divide: The Week in Reverse

Volkswagen boosts range of 2022 ID.4 electric SUV to EPA-estimated 280 miles

Government of Canada investing nearly $15M in new EV chargers across the GTA

Kia shatters US sales record again with its first three-row electric SUV picking up steam

Kia is recalling 12,400 EV9 SUVs over faulty remote parking assist that may not stop

Volkswagen ID.4 receives the 2024 MotorWeek Drivers’ Choice Award

Jeep partnering with Electrify America to install chargers at select trailheads

Ford: Two new electric trucks, more hybrids, no three-row electric SUV

Toyota invests more in the United States for battery & BEV production

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