Remove Hybrid Remove PHEV Remove Standards Remove Volkswagon
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81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

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. Based on these new rules, several vehicles will no longer qualify for the IRA tax credit, including the Nissan Leaf, BMW X5 xDrive45e, Genesis Electrified GV70, Rivian R1S and R1T, and plug-in hybrid Volvos and Audis.

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The Best Electric SUVs on the Market

EV Life

The Model X Long Range comes standard with a battery large enough to cover its EPA-estimated 348-mile driving range, and the upgraded 1020 horsepower Plaid model still gets an estimated 333 miles of range. 4 Price: $40,290 Range: 209-270 Miles While the Standard model ID.4 That’s where plug-in hybrid vehicles, or PHEVs, come in.

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