article thumbnail

How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The Clean Vehicle Tax Credit for new EVs is worth up to $7,500 and the Previously Owned Clean Vehicle Tax Credit is worth up to $4,000. Here’s what you need to know.

article thumbnail

How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

article thumbnail

Alfa Romeo starts production of its first plug-in hybrid; Tonale offers 30 miles electric range

Green Car Congress

The Tonale PHEV will begin arriving at dealers in June. US customers who choose to lease their all-new Alfa Romeo Tonale can take advantage of a $7,500 federal EV tax credit. The plug-in hybrid powertrain features a 15.5-kWh kWh lithium-ion battery and 90 kW electric motor.

Plug-in 435
article thumbnail

Tesla led the EV market closer to ICE price parity in 2023: Cox

Teslarati

A Cox Automotive report shared in a webcast on Monday shows how EV prices gradually dropped throughout last year following Tesla’s price cuts, effectively inching the market closer to reaching price parity with internal combustion engine (ICE) vehicles.

Price 120
article thumbnail

Jeep adds new Willys 4xe to PHEV lineup

Green Car Congress

With a starting USmanufacturer’s suggested retail price (MSRP) of $53,995 (excluding $7,500 tax credit and $1,595 destination), the Willys 4xe brings a new entry price point to the Wrangler 4xe lineup, joining Rubicon 4xe, High Altitude 4xe, and Sahara 4xe. Willys 4xe factory suspension lift delivers 10.1 inches of ground clearance.

Jeep 369
article thumbnail

2020 MINI Cooper SE EV comes to US with MSRP of $29,900

Green Car Congress

While the MINI Cooper SE has an MSRP of $29,900, federal tax credits and state electric vehicle tax credits make the MINI Cooper SE even more attractive. Despite these modifications, the MINI Cooper SE has the same distinctive style and identical interior dimensions and cargo space as the internal combustion MINI Hardtop.

2020 210
article thumbnail

2021 Mitsubishi Outlander PHEV features upgraded powertrain, enlarged battery pack

Green Car Congress

The 2021 Outlander PHEV is available at Mitsubishi dealers now. Starting MSRP remains the same as the 2020 model, just $36,295 before available state and federal tax incentives. With its new, larger-capacity battery pack, Outlander PHEV is eligible for additional federal tax incentives for 2021.

PHEV 243