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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. Formerly eligible models from BMW, Audi, Volkswagen, and Volvo have been bumped off the list.

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BMW ActiveHybrid 7 Qualifies For $900 US Federal Tax Credit

Green Car Congress

The US Internal Revenue Service certified that the BMW ActiveHybrid 7 ( earlier post ) qualifies for up to a $900 tax credit under the Alternative Motor Vehicle provision. The ActiveHybrid 7 combines an electric motor with BMW’s 4.4-liter The ActiveHybrid 7 combines an electric motor with BMW’s 4.4-liter

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BMW is Willing to Pay to Attract Customers from Other EV Brands

The Truth About Cars

BMW is hoping to take some of the shine off of Tesla’s crown with a new incentive that gives buyers a $1,000 discount to buy one of its new EVs. Cars Direct reported that the BMW 2024 BEV Conquest Program includes several other brands, including Audi, Mercedes-Benz, Polestar, Porsche, Rivian, and Lucid. Ford Mustang Mach-E and VW ID.4

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Hyundai and Kia surge past Ford, GM to take second in US EV sales in 2023

Baua Electric

of the total US market with over 650,000 deliveries, topping Volkswagen, Subaru, and BMW for the first time. The South Korean automakers topped GM and Ford even without their EVs qualifying for the IRA tax credit (only through leasing). The EV leader captured 4.2% Much of their success is due to building EVs from the ground up.

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Road Test: 2021 Kia Niro PHEV EX Premium

Clean Fleet Report

Eco is the default setting where you want to be for the best fuel economy in the hybrid system, and the EV mode is good for up to 26 all-electric miles. Fuel economy numbers reported by Clean Fleet Report are non-scientific and represent the reviewer’s driving experience using the dash gauge computer. Your numbers may differ.

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Flash Drive: 2024 Acura ZDX Type S

Clean Fleet Report

In Acura-speak, Type S is the performance division (like BMW has M, Hyundai has N, Mercedes-Benz has AMG and so on). A-Spec RWD $65,850 A-Spec AWD $69,850 Type S AWD $74,850 Type S AWD $75,850* (*With the Performance Wheel and Tire Package) The ZDX is built in Spring Hill, Tennessee, meaning it will qualify for federal and state tax credits.

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