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. Critical minerals.

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EV Adoption

JANUARY 22, 2022

Only available in the US beginning in March of 2021, the hot-selling Jeep Wrangler 4xe plug-in hybrid electric vehicle (PHEV) was apparently the top-selling PHEV in the US last year. From where I sit, a new PHEV from Jeep outselling the Toyota RAV4 Prime is actually pretty impressive. Rocksteadyrobk, 4xeForums.

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Clean Fleet Report

FEBRUARY 27, 2022

Jeep Wrangler 4xe PHEV – 4,427. Part of how California got to its million-EV position is by offering substantial rebates to purchasers of new EVs. Buyers could still receive federal tax credits and local incentives if available. The post Personal: One in a Million first appeared on Clean Fleet Report.

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EV Life

JUNE 8, 2023

The Model Y qualifies for the full $7,500 federal EV tax credit. At the moment, the Mach-E only qualifies for half of the federal EV tax credit, providing eligible drivers a credit of up to $3,750. The Chevy Bolt EUV also qualifies for the full $7,500 federal EV tax credit. The other upside? Volkswagen ID.4

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Push EVs

JULY 13, 2023

Due to the new higher emissions taxes from January 1st, plugless hybrids (HEVs) have taken over share from combustion-only vehicles this year, currently at 6.2% The only top 20 model to put in a personal-best performance was the MG4, with 242 units, and gaining 15th spot, a new high. PHEVs meanwhile shrank 18.9% of the market.

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EV Life

MAY 5, 2023

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

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Baua Electric

JANUARY 23, 2024

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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