EV Life

OCTOBER 7, 2023

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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Tax Credit Tax Buy Purchase 52

EV Life

OCTOBER 21, 2023

The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. As with most government incentive programs, there are a lot of rules and restrictions regarding who qualifies for the credit. However, there’s a catch.

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EV Life

JANUARY 4, 2024

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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EV Life

MAY 5, 2023

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. Here’s a step-by-step guide to making an educated decision about electric car tax credits.

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The Truth About Cars

SEPTEMBER 29, 2023

By relying on General Motors’ Ultium battery platform, Honda gets to field an EV boasting a competitive range while bragging to regulators about products being manufactured in North America. But it should be good enough to warrant government incentives under the EV tax credit scheme.

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Honda Tax Credit Dealers Miles 64

Cars That Think

OCTOBER 26, 2021

But Nissan has announced that for North America, they too are converting over to CCS. There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit.

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Electric Vehicles Charging Vehicles Electrical 94

Clean Fleet Report

JANUARY 23, 2024

For a one time fee, a Boost mode can be downloaded through the dealer. However, the rotating or swiveling second row seats are not available in North America. inch horizontal color display screens, sandwiching a 5-inch information screen for the climate controls, all of which looks like one piece. inches of headroom.

Kia 87

Kia SUV All-Electric MPH 87