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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. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).

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Ford prices C-MAX Energi plug-in hybrid at $29,995 after federal tax credit; expects conquest rate of about 50%

Green Car Congress

Ford is pricing the new C-MAX Energi—expected to offer 15 class-exclusive features, a 550-mile (885 km) total range and more than 20 miles (32 km) of electric-only range ( earlier post )—at $33,745. Its eligibility for a $3,750 federal tax credit drops that to $29,995.

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EVs dominate list of efficient cars in ORNL 2022 Fuel Economy Guide

Green Car Congress

For the first time, two electric vehicles with a 500-mile driving range (two variants of the Lucid Air) sit at the top of the guide’s 10 most fuel-efficient vehicles. The top 10 “fuel sippers” among 2022 models in the new guide are all-electric vehicles offering a minimum of 111 miles per gallon-equivalent fuel economy.

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Hyundai lowers entry price, bumps all-electric range on new 2018 Sonata Plug-In Hybrid

Green Car Congress

Hyundai has lowered the price and slightly increased the all-electric range of the refreshed 2018 Hyundai Sonata Plug-In Hybrid (PHEV). The new PHEV model adopts the same distinctive design of the recently released Sonata gasoline and Hybrid models while delivering 28 miles (45 km) of all-electric range (vs.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

The 2024 Hyundai Elantra Hybrid gets a price hike—and more of a price bump versus non-hybrid Elantra models, although the Elantra Hybrid does now get the larger 10.3-inch Efficiency-focused Elantra Hybrid Blue models retain the 54-mpg combined EPA rating. Honda says hybrids made up more than a quarter of its total U.S.

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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. The electric vehicles that are the focus of this study fall into two broad classes: plug-in hybrid electric vehicles and battery-electric vehicles.

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Hyundai introduces 2018 Sonata Hybrid and Plug-in Hybrid models at Chicago Auto Show

Green Car Congress

Hyundai unveiled the redesigned 2018 Sonata Hybrid and Plug-in Hybrid models at the Chicago Auto Show. Although the powertrains remain the same, the new Sonata Hybrid and Plug-in Hybrid feature a comprehensive exterior and interior redesign, safety, suspension and new and improved infotainment and connectivity features.

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