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PHEVs Are A Great Solution For Many — But PHEV Incentives Need Fixing

EV Adoption

Like many issues and discussion topics today, plug-in hybrid electric vehicles (PHEVs) have become a divisive concept within the electric vehicle industry. People seem to either be fans of the dual-powertrain approach of PHEVs or have a huge disdain for them. The Knocks Against PHEVs. Black and white. Good versus bad.

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J.D. Power study: EV consideration in US increasing, but slowly; availability of public chargers a friction point

Green Car Congress

This year’s study reveals that 26% of shoppers say they are “very likely” to consider purchasing an EV, up from 24% a year ago, while the percentage of shoppers who say they are “overall likely” to purchase an EV increases to 61% from 59% in 2022. Electric Vehicle Consideration (EVC) Study.

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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The United States federal government has made it even easier to buy a new or used electric vehicle (EV). The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The value of the tax credit allowed and any other purchase incentives.

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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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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! If you’ve been wondering how all these purchase incentives work, Blink has you covered. If the vehicle was purchased for business use: Report the credit on Form 3800 , the General Business Credit.

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The US’ EV incentives are being updated: Here’s some useful tips

Teslarati

Many states determine eligibility by fuel type, class of vehicle, whether the vehicle is new or used, and how the vehicle will be used (commercially or personally). Delaware offers buyers a range of incentives depending on the vehicle they purchase. For a new full EV, buyers are eligible for $2,500 or for PHEVs; $1,000.

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Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

One would expect to receive some kind of purchasing allowance calculated that’s then tied to income. Buying a used vehicle built before 2021 likely won’t comply with RDE2 and will therefore see an additional 4-percent tax atop what will undoubtedly be the highest BIK tax bracket — which tops out at 37 percent.

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