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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

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. What Are Electric Vehicle Incentives?

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Road Test: 2021 Kia Niro PHEV EX Premium

Clean Fleet Report

The 2021 Kia Niro PHEV is one of three electrified Niro models to choose from, alongside a hybrid and a pure battery electric version. Clean Fleet Report drove the Niro PHEV EX Premium, and came away with a good feeling about this compact crossover that can deliver a 560-mile driving range. kW electric motor.

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The Best Electric SUVs on the Market

EV Life

The electric vehicle market has expanded rapidly in the last few years as automakers have introduced a variety of EV models to keep up with demand. These days, all-electric options are available in every type of vehicle, from high-horsepower electric sports cars to stylish electric luxury sedans to torque-heavy electric trucks.

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Personal: One in a Million

Clean Fleet Report

And I’m one those million since they’re counting plug-in hybrids (PHEVs) as well as full battery electrics. I think that’s fair since on a good day my 3 ½-year-old Chevrolet Volt has a 61-mile all-electric range, roughly comparable to a used Nissan Leaf or Fiat 500e. On top of that, I’m currently running at 80+% electric miles.

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2021 Toyota RAV4 Prime PHEV: 42 mile EV range/600 total miles! A smash hit!

Current EV

By John Coulter, CURRENT EV CMO In its new Prime, Toyota offers a RAV4 green version that employs a hybrid drivetrain relying on a gas engine and electric motors that draw power from a plug and regenerative braking. Its 42-mile EV range, its 600-mile total range and relatively low price tag have made the PHEV an instant smash hit.

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BMW’s 2021 luxury sedan, the 745e PHEV, comes with 16 pure-electric miles

Current EV

They added an integrated electric motor to the 745’s 6-cylinder combustion engine a year ago, creating the 745e xDrive Plug-In Hybrid. This is understandable, as last year’s model was significantly updated with a more powerful engine and a bigger electric motor than its predecessor. A Federal Tax Credit will knock off $5,836.

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