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Proposed Changes to Federal EV Tax Credit – Part 5: Making the Credit Refundable

EV Adoption

One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. How the Current Tax Credit Works For EV Buyers.

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Was the Jeep Wrangler 4xe 2021’s 3rd Highest-Selling EV in the US?

EV Adoption

Only available in the US beginning in March of 2021, the hot-selling Jeep Wrangler 4xe plug-in hybrid electric vehicle (PHEV) was apparently the top-selling PHEV in the US last year. From where I sit, a new PHEV from Jeep outselling the Toyota RAV4 Prime is actually pretty impressive. Flip a coin. Auto Industry Analyst.

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J.D. Power: First-time owners find switching to EVs highly satisfactory

Green Car Congress

What will keep first-time owners coming back to buy another BEV is the compelling experience with the safety and technology features, lower service and maintenance costs, and pure driving enjoyment. Survey respondents for the study include 8,122 owners of 2016-2022 model-year BEVs and PHEVs. PP100) and squeaks and rattles (13.4

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Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

EV Adoption

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

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Volkswagen of America to invest $10M in EV charging infrastructure by 2016; calls for more legislative support to spur EV adoption

Green Car Congress

At the same time, Sommer said in his presentation at the 2015 Electric Drive Congress in Washington DC, continued legislative support is needed to reach the next level of electric vehicle adoption. Examples in this category include protecting and expanding existing tax credits in the Energy Independence and Security Act.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

The SSI study captures 12 different PEV models from eight vehicle manufacturers, including GM (Chevrolet Volt); Nissan (LEAF); Tesla (Model S); Ford (Focus EV, C-Max Energi and Fusion Energi); Honda (Fit EV and Accord PHEV); Toyota (Prius Plug-in and RAV4 EV); Mitsubishi (i-MiEV); and Daimler (Smart Fortwo ED). —Cahill et al.

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National Academies issues interim report on overcoming barriers to PEV deployment

Green Car Congress

Some research has shown that purchase rebates can be more effective than income-tax credits, the committee noted. Charging at such residences would meet the needs of all foreseeable PHEVs and of most BEVs that have ranges of up to 100 miles (161 km). A final, comprehensive report will be published in late summer 2014.

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