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US Electric Vehicle Sales Report: 1H 2021 — Now Available

EV Adoption

4 and Volvo XC 40 Recharge had “off the chart” sales increases in Q2 over Q1 due to the simple fact that both vehicles really began arriving at dealers in small volumes in Q1. Japan was a distant second with the Prius Prime and RAV4 Prime PHEVs from Toyota accounting for a majority of the sales. in Q2 over Q1.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

If a buyer chooses to convert the tax credit, the auto “dealer” would make a “payment to such taxpayer (whether in cash or in the form of a partial payment or down payment for the purchase of such vehicle) in an amount equal to the credit otherwise allowable to such taxpayer.” kWh battery.