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81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.

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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

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Road Test: 2022 Chrysler Pacifica Limited Plug-in Hybrid

Clean Fleet Report

Chrysler has the market locked-up for anyone needing a seven passenger vehicle that can go a very long way on a tank of fuel. Chrysler calls it a “multipurpose vehicle,” but we will stick with modern minivan. The 2022 Chrysler Pacifica Hybrid has a gasoline-powered 3.6-liter Impressive Efficiency for Seven. How It Works.

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Road Test: 2021 Chrysler Pacifica Plug-in Hybrid

Clean Fleet Report

Photos by John Faulkner and Chrysler. If you are one of those “I will never drive a minivan” type of persons, please keep reading. The newly styled 2021 Chrysler Pacifica Hybrid is ready for your test drive. The 2021 Chrysler Pacifica Hybrid Pinnacle has a smooth and quiet ride, as would be expected for a 2+ ton vehicle.

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The Best Electric SUVs on the Market

EV Life

Like their electric car cousins, all-electric SUVs have come a long way—batteries have evolved to increase range and improve performance, new motors are providing impressive torque and towing capabilities, and prices have come down to make options more affordable, making these SUVs some of the most attractive sport utility options out there.

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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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Here are all the used EVs that qualify for a $4,000 tax credit

Baua Electric

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.