Teslarati

JULY 11, 2023

Cox also found that about 51% of consumers are now considering the purchase of a new or second-hand EV. For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. Audi’s Q4 e-tron and Q8 e-tron, as well as the GMC Hummer EV SUV, have inventories that are well above 100 days.

Tax Credit 145

Tax Credit Hummer Highlander Tesla 145

EV Adoption

JANUARY 8, 2022

In the coming weeks, EVAdoption will release our (for purchase) Q4 and full-year 2021 US EV Sales Report which will include estimated and reported sales for all BEVs and PHEVs with sales in the US in 2021. 4 was only beginning to reach US dealers. For the year the Mach-E outsold the ID.4 4 by 10,398 units.

Sale 52

Sale PHEV Tesla Mazda 52

EV Adoption

AUGUST 19, 2021

Should expensive electric vehicles be excluded from the federal electric vehicle tax credit (IRC 30D)? The provision requires that a new qualified plug-in electric drive motor vehicle purchased by the taxpayer has a manufacturer’s suggested retail price (MSRP) of $80,000 or less. – The Drive.

Tax Credit 98

Tax Credit Tax Parts Hummer 98

Cars That Think

OCTOBER 26, 2021

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. It might be 50 percent if you compare it to the absolute base stripped-down RAV4 that no dealer actually has.

Electric Vehicles 91

Electric Vehicles Charging Vehicles Electric 91

Cars That Think

OCTOBER 26, 2021

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. It might be 50 percent if you compare it to the absolute base stripped-down RAV4 that no dealer actually has.

Electric Vehicles 89

Electric Vehicles Charging Vehicles Electric 89

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