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US Electric Vehicle Sales Report: 1H 2021 — Now Available

EV Adoption

From January 1 to June 30, 2021 an estimated 291,933 BEVs and PHEVs (plug-in electric vehicles) were purchased, roughly 30,000 below the 320,000 average for the full years of 2018-2020. Japan was a distant second with the Prius Prime and RAV4 Prime PHEVs from Toyota accounting for a majority of the sales.

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

EV Adoption

Battery is under 10kWh: Currently only five PHEVs would not meet the proposed 10 kWh threshold: Toyota Prius Prime (8.8 Of these five, the Toyota Prius Prime is the only one that sells in any significant volume. Of these five, the Toyota Prius Prime is the only one that sells in any significant volume. kWh) Kia Niro PHEV (8.9

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

The credit is not available for Tesla vehicles acquired after December 31, 2019 and General Motors EV purchased after March 31, 2020. Some EV advocates believe that there should not be any MSRP cap and that incentives that encourage the purchase of ANY electric vehicle regardless of price is a good thing. Effective Date: Jan 1, 2022.