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These 5 Plugin Vehicle Models Would Benefit Most From Proposed US EV Tax Credit Update (Chart)

CleanTechnica EVs

As we reported recently, there’s a big cleantech bill moving through the US Congress that would revive, extend, and expand the zero-emission vehicle tax credit in various ways.

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

READ MORE: We buy a used Porsche Taycan! Changes to the FBT exemption have boosted demand for new EVs, including seeing owners of EVs moving to novated leasing to take advantage of the tax opportunities. EV sales grew more than 13 per cent in March, which was substantially faster than petrol, diesel and hybrid vehicles.

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Here are all the used EVs that qualify for a $4,000 tax credit

Baua Electric

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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2021 US EV Sales Scoreboard: RAV4 Prime and Mustang Mach-E Are The Top-Selling Non-Tesla EVs

EV Adoption

Especially if Congress removes the OEM cap which would mean at least a $7,500 tax credit and as much as $12,500, the Bolt has the potential to be the top selling EV in the US in 2022 other than models from Tesla. The Bolt, which is expected to resume production in early March , was on pace until the recall to sell 40,000 units in 2021.

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Scrappage scheme scrap ends

Green Cars News

Other ‘administrative issues’ over tax liabilities have now also been clarified. The scheme gives new car buyers a £2,000 discount when they trade in a car aged 10 years or more. Under the scheme, half of the £2,000 discount is funded by the government and the other half by participating carmakers.

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The electric year ahead: Every new EV coming to Australia in 2024

EV Central

At that price it just sneaks in under the government’s FBT exemption, which allows for electric cars below $89,332 to pay no fringe benefits tax when purchased via a novated lease. The 250kW/679Nm dual-motor all-wheel drive e-Tron 55 Quattro is pricier, at $108,500 plus on-roads. Sharing its architecture with the Volkswagen ID.3

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

In addition to a recent electric car deal with NISSAN Motors ( NSANY ), Portland General Electric, the Oregon state governor and GE have also announced a joint venture with Mitsubishi Motors ( MMTOF.PK ) to develop and sell the Miev electric car with 85 mile range by 2011. Tax credit incentives are also available to consumers in the U.S.