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US updates EV tax credit rules, enabling more electric cars to be eligible

Electrek

Department of the Treasury and Internal Revenue Service (IRS) updated the EV tax credit rules today with new requirements that should enable more electric cars to become eligible.

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Kentucky electric cars now pay two taxes where gas cars only pay one

Electrek

As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy. moreā€¦ The post Kentucky electric cars now pay two taxes where gas cars only pay one appeared first on Electrek.

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US Electric Car Tax Credit Just Got Simpler But Fewer Cars Qualify

CleanTechnica EVs

The federal electric car rebate program is now in full force and effect, but the number of eligible models has shrunk considerably. The post US Electric Car Tax Credit Just Got Simpler But Fewer Cars Qualify appeared first on CleanTechnica.

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Only Ten Electric Car Models Will Qualify For Full Federal EV Tax Credit On January 1, 2024

CleanTechnica EVs

The federal electric car tax credit rules will change on January 1, 2024, leaving some prospective buyers out in the cold. The post Only Ten Electric Car Models Will Qualify For Full Federal EV Tax Credit On January 1, 2024 appeared first on CleanTechnica.

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Federal Tax Credit Rules For Electric Cars Delayed Until March

CleanTechnica EVs

The Inflation Reduction Act signed into law in August significantly altered the federal tax credit for electric cars. Previously, it was only available for the first 200,000 electric cars manufactured by any one automaker.

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Tesla expects to lose full $7,500 tax credit on its cheapest electric car

Electrek

Tesla told employees that it expects to lose the full $7,500 federal tax credit on its cheapest electric car because the batteries come from China. moreā€¦ The post Tesla expects to lose full $7,500 tax credit on its cheapest electric car appeared first on Electrek.

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The 6 (Or 7) Fully Electric Cars That Can Now Get $7500 US EV Tax Credit

CleanTechnica EVs

The US federal tax credit for electric vehicles has been updated, and that means that some electric cars, trucks, and SUVs no longer qualify for the full tax credit ā€” or even half the tax credit. Actually, most electric vehicles on the market in the United States no longer qualify!