EV Adoption

MARCH 3, 2021

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

Volvo 95

Volvo All-Electric Tax Credit Fisker 95

EV Central

OCTOBER 27, 2023

All models have dual motors for four-wheel drive capability and the F-150 Lightning sells from about US$50K (minus taxes and on-road costs), which is US$10K more than it launched at. As a visual and performance statement it naturally draws comparisons with the Cybertruck. Less expensive and powerful Hummers will launch later.

F-150 98

F-150 Hummer Australia Silverado 98

EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable. More on this below.

Tax Credit 116

Tax Credit Tax F-150 PHEV 116

Tony Karrer Delicious EVdriven

APRIL 16, 2009

That way you have a fair basis of comparison, you know, apples to apples and all that jazz. Engineering proptypes enjoy a tax break. Companies can not sell engineering prototypes in which the company got R&D tax breaks in developing the product. We are addicted to the gasoline tax both at the State and Federal level.

Volt 41

Volt GM Chevrolet EV1 41