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F-150 Lightning tax credit will remain $7,500 after April 18, Ford says

Green Car Reports

Ford on Wednesday confirmed that the F-150 Lightning electric pickup truck and Lincoln Aviator Grand Touring plug-in hybrid SUV will be eligible for the full $7,500 federal tax credit going forward, while all of its other current EVs and plug-in hybrids will be eligible for smaller amounts. Treasury.

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IRS invites consumers to comment on EV tax credit qualifications

Teslarati

The Internal Revenue Service (IRS) is inviting consumers to share comments on the electric vehicle tax credit qualifications. Those vehicles are classified as electric vehicles because they are plug-in hybrid EVs. In December, the IRS announced the vehicles that qualified for the 2023 EV tax credit. Credit: IRS.

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These are the EVs that still qualify for the $7,500 tax credit in 2024

Teslarati

electric vehicle (EV) tax credit have taken effect, significantly limiting the number of qualifying options in 2024. Despite the list of qualifying EVs getting shorter , the 2024 guidance also lets sellers offer the rebate at the point of sale , rather than buyers being forced to wait until doing their taxes.

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Jeep plug-in pickup, Acura ZDX, Cadillac’s EV shift, tax credit rules: Today’s Car News

Baua Electric

A plug-in hybrid Gladiator will join the Jeep lineup next year. And Biden agencies ease one area of the EV tax credit that could mean more qualifying EVs. Jeep announced Thursday that a plug-in hybrid version of its Wrangler-based Gladiator pickup will arrive “later next year.” This and more, here at Green Car Reports.

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Tesla, VW and several other EVs that qualify for the new 2023 US EV tax credit

Teslarati

EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. 2022-2023 Ford Escape Plug-In Hybrid. 4 AWD as SUVs. The full list is as follows: 2023 Audi Q5 TFSI e Quattro (PHEV).

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Tesla Model Y’s complete lineup now qualifies for EV tax credits through Inflation Reduction Act

Teslarati

Tesla’s complete lineup of Model Y trim levels now qualifies for electric vehicle tax credits through the Inflation Reduction Act, as the Internal Revenue Service (IRS) has increased the applicable MSRP limit to $80,000 across each of the all-electric crossover’s configurations.

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2022 Hyundai Santa Fe Plug-In Hybrid will cost less than Hybrid after EV tax credit

Green Car Reports

Pricing for the 2022 Hyundai Santa Fe Plug-In Hybrid will start at $40,535 (including destination) for the base SEL Convenience trim level, according to CarsDirect, which pulled the information from a recent order guide.