Plug in America

JULY 21, 2023

In addition, electricity in the U.S. EVs Cost Less to Fuel Powering your ride with electricity costs about 60% less than buying gasoline. Depending on your electric utility, you may be able to save even more money by setting your car to charge at off-peak rates. This goes hand in hand with the creation of 143,000 new U.S.

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Baua Electric

FEBRUARY 25, 2024

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. Find Hyundai Ioniq 6 discounts at a dealer near you.

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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.

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Tax Credit Tax F-150 PHEV 116

EV Match

AUGUST 29, 2022

The recently passed Inflation Reduction Act (IRA) is arguably the most significant piece of climate legislation the United States has ever seen, including significant investments in clean energy and consumer incentives to accelerate electric vehicle (EV) adoption. Impacts on the electric vehicle ecosystem.

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Charged EVs

SEPTEMBER 22, 2022

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

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The Truth About Cars

MAY 14, 2024

The amount the United States has been spending to advance the proliferation of all-electric vehicles in recent years has been genuinely staggering. to have 50 percent of all new car sales be electric by 2030. Stations are open in Hawaii, New York, Ohio and Pennsylvania and under construction in four other states.

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