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

The Truth About Cars

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.

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VinFast Announces New U.S. Dealers Across Several States

The Truth About Cars

dealer network , giving it stores in several new areas and growing its footprint to 18 dealerships in seven states. With 18 stores in seven states and its corporate dealers in California, VinFast now has a surprisingly robust U.S. is the VF 8 SUV. The company recently announced an expansion to its U.S.

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This Volkswagen EV Now Comes with Full Tax Credit Benefits

The Truth About Cars

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. that qualifies for the full Federal Tax credit. This development makes these models of the ID.4,

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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

. “I went to my accounting department and asked what is the cost of selling a car? We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup. “When the consumer comes in to see that car, we want that to be separate.

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

Baua Electric

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. You can use our link to find great deals on the 2024 Kia EV9 at a dealer near you.

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

EV Life

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.

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

EV Life

Buying a new car is one of the most significant purchases you’ll likely make in your life, so you want to make sure you’re getting the best deal available. In California, the Tesla Model Y and Model 3 are the two best-selling cars of any kind in the whole state. Not anymore.