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82% of BEVs & PHEVs Available in the US in 2022 Have a Base MSRP of $40,000+

EV Adoption

Out of 82 BEVs and PHEVs that are either currently available for sale in the US, or expected to be so by the end of 2022, 67 of them, or 81.7%, have a base manufacturer’s suggested retail price (MSRP) higher than $39,999, according to new analysis from EVAdoption. Fifteen or 18.3% have a base MSRP below $40,000 and 31 or 37.8%

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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). Battery is under 10kWh: Currently only five PHEVs would not meet the proposed 10 kWh threshold: Toyota Prius Prime (8.8

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Fuel-cell Honda CR-V review, Genesis GV60 test, Fisker Ocean price cut: The Week in Reverse

Baua Electric

Which automaker outlined an all-of-the-above electrified approach for the near future, including hybrids, PHEVs, and a 3-row electric SUV? Canoo in Oklahoma Ferrari has already offered a few very performance-oriented plug-in hybrids, and it’s confirmed an EV is on the way.

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

EV Adoption

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.

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

Tax credit incentives are also available to consumers in the U.S. Glad to see the variety & availability of electic commuter cars (vs hybrids & PHEV) is rising. As far as quick, Id give my left nut to own a Wrightspeed EV, so I could (quietly) blow the doors off Porsches and Ferraris.