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These are the EVs that still qualify for the $7,500 tax credit in 2024

Teslarati

electric vehicle (EV) tax credit have taken effect, significantly limiting the number of qualifying options in 2024. Despite the list of qualifying EVs getting shorter , the 2024 guidance also lets sellers offer the rebate at the point of sale , rather than buyers being forced to wait until doing their taxes.

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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. Chart Source: EV Volumes.

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New bill to make EVs cheaper, with PHEVs given discount sunset clause

EV Central

The bill exempts EVs from fringe benefits tax ( FBT ), resulting in a significant price reduction for some employers and employees who salary sacrifice. . The PHEV sunset clause was a late addition required to secure crossbench support on the Senate to pass the bill.

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DOE publishes list of EVs eligible for new tax credit

Teslarati

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Tesla and GM were disqualified since both companies have sold over 200,000 EVs. Under the new law, the manufacturer’s sales cap is lifted. Chrysler Pacifica PHEV.

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2025 Q5 PHEV returns, remains Audi’s lone plug-in hybrid

Baua Electric

Split among three trim levels, PHEV Q5 prices range from $59,795 to $67,995, including $1,295 in destination. It also buys one of the very few PHEVs that qualifies for a federal tax credit of $3,750. Audi pegs the 4,652-pound PHEV crossover SUV at a 0-60 mph time of 5.0 That buys a turbo-4 five-seat crossover with a 17.9-kwh

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Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

A British friend of mine recently asked my opinion on several vehicle models, saying he was browsing company cars. What I assumed would be a quick chat quickly devolved into my being educated on British tax codes, especially the benefit-in-kind (BIK) taxes applied to any items of value provided to employees.

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Sweden At 37.6% Plugin EV Share In July – Ripples From Tax Changes

CleanTechnica EVs

Higher company-car tax which came into effect in July put a dampener on plugin sales, further amplified by the hangover from the pull-forward in June. Overall auto sales were down some 43% from long […]. Sweden saw plugin electric vehicles achieve a market share of 37.6%

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