article thumbnail

How Does the Electric Car Tax Credit Work in 2023?

Setec Powerr

One such incentive is the electric car tax credit, designed to help offset the initial cost of EVs for buyers. Section 1: Overview of the Electric Car Tax Credit in 2023 1.1 These incentives vary widely and can include rebates, tax credits, reduced registration fees, and even free parking.

article thumbnail

Kia looks to secure US federal tax credit for EV9 in 2025

Teslarati

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. By producing the EV9 in Georgia, the all-electric SUV could qualify for a partial EV tax credit.

article thumbnail

2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

Baua Electric

Who says electric cars are too expensive? The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000. FTC: We use income earning auto affiliate links.

article thumbnail

Kandi claims $7,999 effective cost in California for 59-mile electric car, K27 cleared for road use

Green Car Reports

Kandi America announced Tuesday that the lowest-priced of its two small, Chinese-made electric cars has been EPA certified and cleared for California roads, and the company is preparing to start deliveries in the state.

article thumbnail

Green-car deals, EPA vs climate action, electric-car tax credit, Best Car To Buy 2018: Today's Car News

Green Car Reports

Today, after lots of anticipation, we revealed our Best Car To Buy 2018. We've also got possibly good news on the electric-car tax credit, clearly bad news on EPA plans to kill the Clean Power Plan, and best green-car deals for November. All this and more on Green Car Reports.

article thumbnail

EPA Range-Rating Issues, Electric-Car Tax Credit Confusion, Hyundai Tucson Fuel Cell Status: Today's Car News

Green Car Reports

Today we see why EPA range ratings for electric cars can be confusing, why there are still discrepancies in the IRS'' explanation of which plug-in cars are eligible for tax credits, and why Hyundai is slashing the price of its Tucson Fuel Cell crossover in Korea. All this and more on Green Car Reports.

article thumbnail

Volkswagen ID.4 Pro: ~$32,500 After Tax Credit, 260 Miles of Range

CleanTechnica EVs

4 Pro looks like a competitive little beast, with 260 miles of EPA-estimate range and an MSRP of $39,995. The Volkswagen ID.4