EV Life

OCTOBER 21, 2023

The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. As with most government incentive programs, there are a lot of rules and restrictions regarding who qualifies for the credit. However, there’s a catch.

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Electric Auto Association

SEPTEMBER 9, 2022

The Inflation Reduction Act (IRA) is a massive climate, health care, and tax bill with the overarching goal of slowing the rise in consumer prices that have been climbing at the fastest pace in approximately 40 years. This will support millions more low- and middle-income families than the original credit.

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Baua Electric

MARCH 12, 2024

Hyundai has yet to launch the new IONIQ 5 in the US, but prices stayed about the same in Korea at around 52,400,000 KRW ($39,400). 2025 Hyundai IONIQ 5 N (Source: Hyundai) Hyundai to add rugged IONIQ 5 XRT trim Now, we are learning Hyundai is reportedly planning to launch a rugged XRT variant in North America.

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Green Car Congress

AUGUST 8, 2022

The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. In the US, the Fisker Ocean starts at $37,499 in the base Sport.

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Baua Electric

MARCH 1, 2024

Deliveries of the company’s flagship Ocean SUV continued to grow last year as Fisker unveiled three additional models in its pipeline. Fisker previously relayed that over 250 dealer partners in North America have expressed interest, but only 13 have actually signed agreements. That said, Fisker Inc. FSR) as it was challenging.

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Baua Electric

JANUARY 10, 2024

Unlike many of those hulking SUVs we’re seeing, this sweet retro-styled city car is one of the lightest and cheapest EVs on the market. It starts at a reasonable $32,500 plus a $1,595 destination fee, although it’s not eligible for the $7,500 federal tax credit.

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EV Life

JANUARY 4, 2024

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place.

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EV Adoption

FEBRUARY 7, 2021

Electric Vehicle PR Is Driving Up the Stock Price. These announcements and PR efforts are fundamentally about GM’s long-term future but they have clearly paid off in the short term as GM’s stock price has increased 55.3% ” The Honda and Acura EVs will be manufactured at GM plants in North America.

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Clean Fleet Report

MARCH 2, 2023

The gasoline-powered GV70 is the best-selling Genesis model, so the addition of an all-electric version of this popular SUV will find a place in many garages as GV70 owners make the transition to electric propulsion. A new American citizen The 2023 Electrified GV70 will play an important role over the next few years for Genesis.

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Clean Fleet Report

OCTOBER 12, 2021

More Power Raises Performance For The All-electric SUV. Clean Fleet Report has previously reviewed the 2021 Ford Mustang Mach-E, and our opinion is Ford has a winner with this all-electric SUV. seconds for the GT Performance, are plenty fast for a SUV and will satisfy all driving needs. Price, Timing and Warranty.

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Clean Fleet Report

AUGUST 6, 2023

Ford tested BlueCruise on more than 110,000 miles of divided highway across North America, with their system utilizing a combination of road sensors and an infrared camera to track the driver’s head movements and eyes, even when wearing sunglasses. Our 1,796-mile road trip proved it can be driven confidently long range.

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Baua Electric

JANUARY 27, 2024

4 models qualify for the $7,500 EV tax credit , making it the first foreign automaker to get the nod under tightened sourcing rules. Porsche priced its electric Macan SUV —simply badged as Macan 4 and Macan Turbo, at $80,450 and $106,950, respectively. and longer for some markets outside Europe and North America.

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Baua Electric

MAY 3, 2024

In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market.

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Green Car Congress

DECEMBER 1, 2016

As examples of SUV/MPV-style electric vehicle fuel efficiency, the 2016 Tesla Model X AWD - 75D is EPA-rated at 93 MPGe combined city/highway; the Model X AWD - P90D is EPA-rated at 89 MPGe; and the 2016 BYD e6 compact MPV is EPA-rated at 72 MPGe. No other minivan has ever come close to this rating. (As Click to enlarge.

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Charged EVs

FEBRUARY 23, 2021

In 2019, Volvo launched the XC40 compact crossover, a boxy but stylish compact SUV with a 2.0-liter Late last year, Volvo launched its very first all-electric model in North America. It’s called the XC40 Recharge, and the earliest versions aren’t cheap, priced from about $55,000 including delivery. Volvo’s first EV.

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Blink Charging

OCTOBER 31, 2023

Federal Incentives for Purchasing an EV Among the federal government’s incentives for drivers, you can find tax breaks for both new and used EVs that are in place until the end of 2032. Beginning in 2024, the consumer clean vehicle tax credits can be available at the point of sale by transferring your credit to the dealership.

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Charged EVs

SEPTEMBER 27, 2021

In Europe, it was smaller Jeeps—the subcompact Renegade and compact Compass family SUV—that got their plugs first. But for North America, it’s the big dog, the quintessential Jeep 4×4. One’s the best of the dwindling segment of 7- and 8-seat vehicles that aren’t hulking SUVs. The two couldn’t be more different.

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EV Adoption

JANUARY 2, 2023

Clean Vehicle Credit Background Part of the intent of the CVC was to correct flaws in the previous tax credit known as IRC 30D, which among other things had a poorly designed cap on manufacturers of 200,000 vehicles. A phaseout of the tax credit occurred over several quarters down to zero. Confused yet?

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Cars That Think

MARCH 12, 2023

All this could grant the ultimate, elusive wish for EV makers: Price parity with internal-combustion automobiles. That combination of efficiency and infrastructure will allow us to create competitive prices versus internal combustion cars,” Dlala says. Pushing EVs to a market majority will require stars to align.

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Clean Fleet Report

JANUARY 23, 2024

A Bona Fide Third Row in an Electric SUV Combine the Kia Telluride three-row SUV and the Kia EV6 crossover and you get the all-new, all-electric 2024 Kia EV9 three-row SUV. There are other electric SUVs with a third row, but when comparing apples-to-apples, the EV9 offers the most cabin space for the lowest base price.

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Cars That Think

DECEMBER 23, 2022

There is also a push to make those who own SUVs pay a steep annual registration fee to discourage their ownership, as is happening in Washington, D.C. Additionally, there are also price caps on the EVs that are eligible,—$55,000 for autos and $80,000 for SUVs or vans. Rising EV battery prices do not help.

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The Truth About Cars

AUGUST 10, 2023

Despite elevated fuel prices, aggressive marketing, and most companies vowing to transition toward building electrified automobiles exclusively, America has an EV supply of more than 100 days on dealer lots. However, government incentives (EV tax credits) have made them more attractive in the general sense.

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Cars That Think

OCTOBER 29, 2021

I got my first taste of the Air in the Sonoran Desert, a few hours from Lucid's $700 million factory in Casa Grande, the first from-the-ground-up EV plant to open in North America. 30, where the earliest adopters (among more than 13,000 reserved customers) will receive Air Dream Editions, priced at $170,500 and limited to 520 copies.

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EV Life

AUGUST 17, 2022

Federal EV Tax Credit. To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. The tax credit depends on the manufacturer you choose and vehicle battery.

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Clean Fleet Report

JUNE 10, 2024

The changes include more power, longer driving range, an upgraded infotainment display and navigation, and other features that improve on this midsize SUV that is built in Chattanooga, Tennessee. Pricing Lighting the way There are eight 2024 ID models, with these prices, including the mandatory $1,425 destination fee.

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EV Adoption

AUGUST 4, 2022

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. or recycled in North America, must account for a minimum percent by dollar value. Assembled in North America and MSRP Caps.

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EV Life

SEPTEMBER 2, 2022

The passage of the US Inflation Reduction Act includes nearly unlimited funding for a $7500 EV tax credit on new EVs through 2032. Electric cars will qualify for EV tax credits and the qualification rules for credits will be really confusing. 2022 EV Tax Credits. What about EV tax credits in 2023?

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Plug in America

AUGUST 17, 2022

What the new EV tax credits in the Inflation Reduction Act mean for you. You may have heard about the Inflation Reduction Act (IRA) which includes the new federal EV tax credit and has now been signed into law by President Biden. . The new EV tax credit has spurred confusion among interested consumers.

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Cars That Think

OCTOBER 26, 2021

But Nissan has announced that for North America, they too are converting over to CCS. An electric SUV is going to have more aerodynamic drag than an electric sedan like a Tesla Model S or Lucid Air. Most Americans do not have that saved and do not have the credit to do that. And it varies by car. So that's what it takes.

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Cars That Think

OCTOBER 26, 2021

But Nissan has announced that for North America, they too are converting over to CCS. An electric SUV is going to have more aerodynamic drag than an electric sedan like a Tesla Model S or Lucid Air. Most Americans do not have that saved and do not have the credit to do that. And it varies by car. So that's what it takes.

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Charged EVs

SEPTEMBER 23, 2022

It’s a truck, specifically the Escalade SUV, the gussied-up, very successful ultra-luxury version of the Chevy Suburban. Ultimately, GM will build Ultium-based EVs in North America for its four existing brands (Cadillac, GMC, Buick and Chevrolet) plus one model each for Honda and Acura. Celestiq: a true Standard of the World?

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EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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EV Match

AUGUST 29, 2022

The IRA, which, in addition to its climate-centric provisions, includes important steps to curb healthcare costs, particularly in the form of inflated prescription drug prices, crack down on tax cheats and revitalize U.S. And what about changes to the EV tax credit? carbon sequestration (capture and storage, i.e.).

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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.

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Baua Electric

MAY 12, 2024

In the 1970s, the US auto industry was rocked by dual crises, a gas price crisis that left their large, gas-guzzling vehicles less competitive, and a steel crisis which greatly affected US steel manufacturers. This lowers the effective price of EVs, helping buyers, and stimulates investment in US manufacturing as well.

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