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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. 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.

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The Best Electric SUVs on the Market

EV Life

That’s where plug-in hybrid vehicles, or PHEVs, come in. There are several PHEVs that qualify for some or all of the federal EV tax credit as well as other incentive programs, and that number is expected to grow as automakers release more eligible hybrid models, which means drivers can still save big on the PHEV purchase.

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Super Charge It

Plug In Partners

Through the development, production, and sales of these batteries, the new company will demonstrate how environmental technologies can be incorporated into society and accelerate the use of these technologies as well, including electric vehicles, plug-in hybrid vehicles , and energy recycling systems. Join Plug in Partners today.

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Tesla Aiming For New Milestone Of Two Million Cars

MyEVOnline

Even though the figure looks still small when you compare Tesla with giants like Volkswagon and Toyota, that produces more than ten million cars in just one year, but there is a significant difference between Tesla and other manufacturers. On the other hand, BYD’s total production rate also includes the sales of its plug-in hybrid.

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Ford, VW Ante Up

Plug In Partners

M omentum for a Plug in Future continues. First, there is this story from Volkswagon. based minivan in Tokyo, followed by a plug-in hybrid sedan at Los Angeles. Ford to bring back ESCORT in 2010 with 100 mpg Hybrid Next Energy News Sept. See ad ) And, DOE has announced even more funding for Plug-Ins.

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