article thumbnail

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?

article thumbnail

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

EV Adoption

Toyota, which does publish sales of its PHEV models, reported that the RAV4 Prime — which is the PHEV version of the number 4-selling vehicle in the US since since 2017 — had 2021 sales of 27,707 units. From where I sit, a new PHEV from Jeep outselling the Toyota RAV4 Prime is actually pretty impressive. Flip a coin.

Jeep 98
article thumbnail

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

Green Car Congress

The SSI study captures 12 different PEV models from eight vehicle manufacturers, including GM (Chevrolet Volt); Nissan (LEAF); Tesla (Model S); Ford (Focus EV, C-Max Energi and Fusion Energi); Honda (Fit EV and Accord PHEV); Toyota (Prius Plug-in and RAV4 EV); Mitsubishi (i-MiEV); and Daimler (Smart Fortwo ED). —Cahill et al.

Davis 290
article thumbnail

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

article thumbnail

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.

EPA 102