Teslarati

JANUARY 10, 2024

Tesla models eligible for IRA tax credits in 2024 The loophole lies in the IRA’s tax credit qualifications for commercial vehicles. Commercial vehicles are not subject to the eligibility requirements as electric vehicles purchased for personal use.

Tax Credit 119

Tax Credit Highlander Tax Puerto Rico 119

Teslarati

JANUARY 2, 2024

New rules for the U.S. electric vehicle (EV) tax credit have taken effect, significantly limiting the number of qualifying options in 2024. Tesla is one of many automakers that saw some of its vehicles excluded at the turn of the new year, and only a handful remain across the industry.

Tax Credit 92

Tax Credit Tax F-150 PHEV 92

Teslarati

JANUARY 2, 2024

Treasury’s updated guidance on the federal electric vehicle (EV) tax credit has officially taken effect. With some of Tesla’s vehicles losing access to the credit in 2024, one Model 3 configuration is currently looking more appealing than ever. seem to indicate that its U.S.

Tax Credit 110

Tax Credit Tax Highlander North America 110

EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles.

Tax Credit 52

Tax Credit Colorado Tax Electric Vehicles 52

Electrek

DECEMBER 26, 2023

New year, new rules: As of January 1, things are about to get a little easier when it comes to getting your federal tax credit for buying an electric vehicle. more… The post Thousands of auto dealers sign up to offer new on-the-spot tax credit appeared first on Electrek.

Tax Credit 124

Tax Credit Dealers Tax Auto 124

Electrek

SEPTEMBER 20, 2022

Kia will start producing electric vehicles in the United States starting in 2024 in order to qualify for new EV tax credits in the Inflation Reduction Act , according to Korean news outlets Maeli Business News and SBS.

Tax Credit 98

Tax Credit Kia Tax Electric Vehicles 98

Electrek

JANUARY 3, 2024

Electric vehicles for under $20,000 are already here. You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. more… The post Chevy’s Bolt EV is a steal at under $20,000 using the IRS tax credit upfront appeared first on Electrek.

Tax Credit 114

Tax Credit Tax Electric Vehicles Vehicles 114

Teslarati

JANUARY 3, 2024

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. In December, GM said it would temporarily lose eligibility for the credit on some of its cars. can qualify for EV tax credits.

Tax Credit 89

Tax Credit General Motors Tax Motors 89

Electrek

OCTOBER 6, 2023

The IRS has just released new guidelines to enable dealers to take the $7,500 electric vehicle tax credit from the buyers and apply it directly to the purchase of new and used electric vehicles. It should make the experience a bit easier.

Tax Credit 130

Tax Credit Purchase Tax Dealers 130

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. Not sure what you own?

Tax Credit 72

Tax Credit Tax Electric Vehicles North America 72

Electrek

NOVEMBER 7, 2023

Furthermore, new terms implemented January 1, 2023 limit the number of EVs that currently qualify based on a number of factors pertaining to local US manufacturing. more… The post Here’s every electric vehicle that currently qualifies for the US federal tax credit appeared first on Electrek.

Tax Credit 66

Tax Credit Tax Electric Vehicles Vehicles 66

Electrek

JUNE 2, 2023

Tesla surprises the market by confirming that buyers of its cheapest Model 3 now have access to the full $7,500 federal tax credit for electric vehicles instead of the previous $3,750.

Tax Credit 145

Tax Credit Tax Tesla Price 145

Teslarati

NOVEMBER 29, 2023

The reprieve would concern the eligibility of electric vehicles for the IRA’s tax incentives. One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. The Teslarati team would appreciate hearing from you.

Tax Credit 81

Tax Credit Tax United States North America 81

Electrek

JULY 29, 2022

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles. The post Here’s every electric vehicle that currently qualifies for the US federal tax credit appeared first on Electrek.

Tax Credit 104

Tax Credit Tax Electric Vehicles Vehicles 104

Teslarati

JANUARY 25, 2024

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 units with batteries from SK On qualify for federal tax credits. 4 EV may choose to apply the tax credit as a down payment for the vehicle.

Tax Credit 90

Tax Credit Tax Batteries Battery 90

Electrek

DECEMBER 13, 2022

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles, especially now that a slew of new credits have been reinstated to US consumers.

Tax Credit 102

Tax Credit Tax Electric Vehicles Vehicles 102

Electrek

JANUARY 3, 2023

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles, especially now that a slew of new credits have been reinstated to US consumers (alongside their fair share of confusing and ever-evolving conditions).

Tax Credit 93

Tax Credit Tax Electric Vehicles Vehicles 93

Baua Electric

MARCH 6, 2024

Nissan and the IRS announced today that the Leaf has regained eligibility for the federal tax credit for electric vehicles. With now $3,750 in tax credit, the Leaf can start at just $24,400 – making it one of the cheapest EVs in the US. It means that The Leaf doesn’t meet the critical minerals requirement.

Tax Credit 52

Tax Credit Tax Nissan Tennessee 52

Electrek

NOVEMBER 7, 2022

You may be in luck if you’re looking to buy an electric vehicle. A new bill introduced in the Senate called the Affordable Electric Vehicles for America Act would allow essentially all EVs in the US to qualify for the $7,500 tax credit if passed.

Tax Credit 100

Tax Credit Congress Tax All-Electric 100

Electrek

DECEMBER 29, 2022

The IRS has now released its full list of electric vehicle models eligible for the new and updated $7,500 US federal tax credit. The post Here are the Tesla models eligible for $7,500 US federal tax credit appeared first on Electrek. Here’s the list of Tesla models eligible.

Tax Credit 135

Tax Credit Tax Tesla Electric Vehicles 135

Electrek

OCTOBER 28, 2022

General Motors CEO Mary Barra spoke with analysts Tuesday, saying GM’s EV models will be able to qualify for the full tax credit in two to three years. The post Mary Barra claims GM’s electric vehicles will qualify for the full tax credit in ‘2 to 3 years’ appeared first on Electrek.

Tax Credit 113

Tax Credit Tax Electric Vehicles General Motors 113

Electrek

OCTOBER 5, 2022

With more mainstream curiosity surrounding EVs, bolstered by a ten year extension in federal tax credits under the Inflation Reduction Act, there’s never been a more exciting time to buy an EV, and there has never been a wider selection of options to choose from. Luckily for you, we’ve broken it all down, state-by-state, below.

Tax Credit 89

Tax Credit Tax Available Electric Vehicles 89

Teslarati

MARCH 28, 2024

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.

Tax Credit 52

Tax Credit Kia Tax Georgia 52

Teslarati

APRIL 7, 2023

The Tesla Model 3 RWD, the most affordable vehicle in the company’s lineup, will see its federal tax credit reduced from $7,500 to $3,750, as confirmed by an update on Tesla’s official Model 3 page. The reduction in the federal tax credit for the Model 3 RWD will take effect on April 18.

Tax Credit 101

Tax Credit Tax Tesla United States 101

Electrek

AUGUST 8, 2023

Furthermore, new terms implemented January 1, 2023 limit the number of EVs that currently qualify based on a number of factors pertaining to local US manufacturing. more… The post Here’s every electric vehicle that currently qualifies for the US federal tax credit appeared first on Electrek.

Tax Credit 65

Tax Credit Tax Electric Vehicles Vehicles 65

Electrek

APRIL 17, 2023

Furthermore, new terms implemented January 1, 2023 limit the number of EVs that currently qualify based on a number of factors pertaining to local US manufacturing. more… The post Here’s every electric vehicle that currently qualifies for the US federal tax credit appeared first on Electrek.

Tax Credit 75

Tax Credit Tax Electric Vehicles Vehicles 75

Electrek

MAY 27, 2022

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles. The post Here’s every electric vehicle that currently qualifies for the US federal tax credit appeared first on Electrek.

Tax Credit 97

Tax Credit Tax Electric Vehicles Vehicles 97

Electrek

DECEMBER 19, 2022

The United States Treasury department announced it will delay its guidance in regard to the sourcing requirements for battery materials in order for EVs to qualify for federal tax credits. The post US Treasury delays EV battery guidance, more vehicles could qualify for 2023 tax credits appeared first on Electrek.

Tax Credit 138

Tax Credit Tax Batteries Battery 138

Electrek

DECEMBER 28, 2022

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles, especially now that a slew of new credits have been reinstated to US consumers.

Tax Credit 90

Tax Credit Tax Electric Vehicles Vehicles 90

Electrek

AUGUST 21, 2022

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles, especially now that a slew of new credits have been reinstated to US consumers.

Tax Credit 98

Tax Credit Tax Electric Vehicles Vehicles 98

Electrek

OCTOBER 31, 2022

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles, especially now that a slew of new credits have been reinstated to US consumers.

Tax Credit 92

Tax Credit Tax Electric Vehicles Vehicles 92

Electrek

SEPTEMBER 14, 2023

You may soon be able to lease a Rivian electric vehicle. more… The post Rivian CEO suggests leasing is coming soon, unlocking $7,500 EV tax credit appeared first on Electrek.

Tax Credit 109

Tax Credit Tax Price Electric Vehicles 109

Electrek

NOVEMBER 16, 2021

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles. more… The post Here’s every electric vehicle that currently qualifies for the US federal tax credit appeared first on Electrek.

Tax Credit 105

Tax Credit Tax Electric Vehicles Vehicles 105

Electrek

APRIL 5, 2023

Ford acknowledged Wednesday that its entire lineup of electric vehicles, including the F-150 Lightning, Mustang Mach-E, and E-Transit commercial van, are eligible for the EV tax credit. However, not all will receive the full $7,500 incentive.

F-150 77

F-150 Tax Credit Tax Electric Vehicles 77

Electrek

FEBRUARY 3, 2023

Furthermore, new terms implemented January 1, 2023 limit the number of EVs that currently qualify based on a number of factors pertaining to local US manufacturing. more… The post Here’s every electric vehicle that qualifies for the current US federal tax credit appeared first on Electrek.

Tax Credit 76

Tax Credit Tax Electric Vehicles Vehicles 76

Electrek

JANUARY 21, 2022

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles. more… The post Here’s every electric vehicle that currently qualifies for the US federal tax credit appeared first on Electrek.

Tax Credit 100

Tax Credit Tax Electric Vehicles Vehicles 100

Electrek

AUGUST 1, 2021

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles. more… The post Here’s every electric vehicle that currently qualifies for the US federal tax credit appeared first on Electrek.

Tax Credit 111

Tax Credit Tax Electric Vehicles Vehicles 111