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Proposed Changes to Federal EV Tax Credit – Part 3: MSRP Must Be Less Than $80,000

EV Adoption

The provision requires that a new qualified plug-in electric drive motor vehicle purchased by the taxpayer has a manufacturer’s suggested retail price (MSRP) of $80,000 or less. If the regulation refers to vehicle “lines” — then as long as any version of a model, for example, Lucid Air, Tesla Model S, GMC Hummer EV, etc.,

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New EV electric car calendar

EV Central

GMC Sierra EV ute – it shares plenty with the Chevrolet Silverado underneath, so no surprise the GMC version is set to adopt electrification. Hummer – Best known for copping bruises on the battlefields, Hummer has been reignited as an all-electric SUV brand (or sub-brand) with the GMC Hummer EV.

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Convincing Consumers To Buy EVs

Cars That Think

Even if interest in purchasing an EV is increasing, close to 70 percent of Americans are still leaning towards buying an ICE vehicles as their next purchase. In the UK, only 14 percent of drivers plan to purchase an EV as their next car. EVs ain’t cheap Price is another EV purchase risk that is comparable to EV range.

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