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.

Tax Credit 52

Tax Credit Tax PHEV 2018 52

EV Life

DECEMBER 12, 2023

The second reason EV crossovers are so popular with automakers is the vehicle classification standards put forth by the Treasury Department to determine whether a vehicle is a car, SUV, truck, or van. If a vehicle qualifies as a car, the MSRP limit is $55,000 to be eligible for the tax credit. Where Are All the True SUVs?

SUV 52

SUV Tax Credit Hummer Vehicles 52

Charged EVs

SEPTEMBER 22, 2022

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

Tax Credit 66

Tax Credit Tax North America Clean 66