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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

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Was the Jeep Wrangler 4xe 2021’s 3rd Highest-Selling EV in the US?

EV Adoption

Sorry, however, we do not break out those sales numbers; that is the same as when we communicated with one another, over 2nd-quarter sales last year (the vehicles’ 1st quarter of sales). So, we do know the sales numbers for most of the top-selling EVs and a strong sense of the two top-selling Tesla models.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

Limited engagement by dealers, poor purchase experience, or efforts to block innovations in the automotive retail sector could adversely impact sales and slow the growth of the nascent PEV market. Power 2013 Sales Satisfaction Index (SSI) study data on customer satisfaction with new car dealerships and Tesla stores.

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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). Battery is under 10kWh: Currently only five PHEVs would not meet the proposed 10 kWh threshold: Toyota Prius Prime (8.8

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Former EPA exec Margo Oge explains the new federal emissions rules

Charged EVs

The Biden administration has announced three major pro-EV initiatives in recent months—a revamping of the federal tax credits , an infrastructure funding package , and new EPA emissions standards. The last company to make those investments that was dragging their feet is Toyota. They were legally very vulnerable.

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