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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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Road Test: 2023 Toyota RAV4 Prime XSE AWD PHEV

Clean Fleet Report

Be careful listening to self-anointed experts that owning a plug-in hybrid electric vehicle (PHEV) is not a wise choice or viable option when buying a new car. Those truly in the know have real world knowledge of why a PHEV is the perfect bridge between a gasoline-powered car and one propelled by only electricity.

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2021 Jeep Wrangler 4xe: The legendary SUV brand’s first plug-in hybrid

Charged EVs

The plug-in hybrid version of the Jeep Wrangler offers useful all-electric range and great electric torque—if drivers plug it in. The accelerating pace of electric vehicle launches has brought us to this: The first Jeep in the US to get a plug-in hybrid version is the legendary Wrangler. The 4xe’s 17.3

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

EV Life

You should consult your own tax, legal and accounting advisors before engaging in any transaction. Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car.

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Rivian R1 and Toyota Crown Signia reviews, US-made Volvo, Hyundai, Kia EVs: The Week in Reverse

Baua Electric

Rivian on Thursday Rivian set the stage for its mass-market R2 with more comfortable, better-performing, lighter, and more simplified “Gen 2” versions of its electric trucks. production of the 2025 Volvo EX90 electric SUV has started in South Carolina, the Swedish automaker reported this week. The first U.S.

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5 Tips on Switching to an EV in Rural Areas

Clean Fleet Report

The question of whether you should buy an EV instead of a traditional ICE car is a very hot topic. Most Americans are aware that President Biden wants the purchase of gas-powered vehicles banned by 2035. Most Americans are aware that President Biden wants the purchase of gas-powered vehicles banned by 2035. Don’t Resist Change.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.