EV Adoption

APRIL 4, 2021

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

Tax Credit 69

Tax Credit Tax PHEV Vehicles 69

Clean Fleet Report

JULY 28, 2022

Most Americans are aware that President Biden wants the purchase of gas-powered vehicles banned by 2035. So, if you’re going to buy a brand new vehicle at that point, you’ll have no option but to buy an electric car if Congress puts the ban into legislation. The key is to invest in an electric car that can offer such a range.

Tax 85

Tax Range Charging Buy 85

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.

Tax Credit 116

Tax Credit Tax F-150 PHEV 116