Gore Hybrid PHEV Tax Credit 
EV Life
MAY 19, 2023
The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.
Revenge of the Electric Car
FEBRUARY 23, 2010
The president is hoping to use incentives to get one million plug-in hybrid vehicles to consumers by 2015. Plug-in hybrids differ from hybrids on the road today in that they can go longer distances on battery power and can be recharged via electrical outlets. All will qualify for a $7,500 federal tax credit.
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