Baua Electric

JANUARY 1, 2024

Over the last few months, Tesla has released a bunch of new statements about changes to the eligibility of its electric vehicles to the federal tax credit in 2024. We are still calling it a “tax credit”, but it is effectively a point-of-sale incentive starting today. FTC: We use income earning auto affiliate links.

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Teslarati

MAY 11, 2024

Tesla has launched its latest buying incentive for the Model Y, this time offering a special, super-low interest rate for those who purchase the SUV by the end of this month. In February, Tesla began offering promotional pricing on the Model Y with a $1,000 discount through the end of the month in North America.

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North America Tesla New York City Tax Credit 143

Blink Charging

JANUARY 19, 2024

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.

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Baua Electric

JANUARY 1, 2024

The launch of the Tesla Model 3 refresh in North America might finally be close as we learn that the automaker is sneakily testing Fremont-built Model 3 HIghland in the US. But the updated vehicle has yet to make it to North America almost six months later. FTC: We use income earning auto affiliate links.

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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. history affects EV policy.

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Baua Electric

AUGUST 19, 2024

Kia’s new EV9, its first three-row electric SUV, is a major part of its growth. In two short years, Genesis’ retail footprint has grown rapidly from one dedicated retail facility in Louisiana to 56 retail facilities nationwide,” Genesis North America COO Claudia Marquez said. Hyundai invested around $7.6 billion in funding.

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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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Teslarati

FEBRUARY 8, 2024

Volkswagen is still planning to launch 25 EVs in North America by 2030, but is well aware that things could change based on demand and market changes. “When I look at the data from January, the (EV) segment continues to grow,” Pablo Di Si, Head of VW North America, told Reuters today.

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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. At that time, this order process will close.

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Teslarati

APRIL 25, 2023

US battery guidance might slash IRA EV Tax credits Hyundai will use the cells to produce Hyundai, Kia, and Genesis EV models within the United States. Meanwhile, Genesis offers an electrified GV70, an all-electric G80, and the GV60 SUV. Construction on the EV cell plant is expected to start in the second half of 2025.

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Clean Fleet Report

SEPTEMBER 11, 2024

New Charging Standard Hyundai adds NACS Beginning in Q4 2024, all Hyundai electric models will use the North American Charging Standard (NACS) that will give Hyundai owners access to more than 17,000 Tesla Superchargers in North America. tax credit at start of sale. It also now comes in the XRT trim.

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Hyundai Tucson Los Angeles Tax Credit 68

Teslarati

JANUARY 11, 2024

In September 2023, Fisker shared that it ramped production of the all-electric Ocean crossover SUV to 300 units per day. The company also shared its intention to expand retail operations in North America and Europe. At its Q3 2023 earnings call, Fisker admitted having trouble following through with deliveries.

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Baua Electric

JULY 23, 2024

GM said stronger pickup and SUV sales in North America fueled the earnings growth. GM calls the electric SUV a “game changer” with over 300 miles range, a tech-loaded interior, and an affordable starting price. All models qualify for the $7,500 EV tax credit. All models qualify for the $7,500 EV tax credit.

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Baua Electric

JULY 23, 2024

GM said stronger pickup and SUV sales in North America fueled the earnings growth. GM calls the electric SUV a “game changer” with over 300 miles range, a tech-loaded interior, and an affordable starting price. All models qualify for the $7,500 EV tax credit. All models qualify for the $7,500 EV tax credit.

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Baua Electric

MARCH 12, 2024

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. Hyundai’s first three-row electric SUV was also recently spotted testing. It’s expected to be built at Hyundai’s new $7.6

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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. More on that below.

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Teslarati

MARCH 8, 2023

Rivian emailed customers about the Internal Revenue Service’s (IRS) recently released guidance regarding the EV tax credits under the Inflation Reduction Act (IRA) of 2022. Foley & Lardner LLP explained the latest IRS guidance regarding EV tax credits. These qualifications applied as of January 1, 2023.

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Green Car Congress

MAY 6, 2009

Ford Motor Company is investing $550 million to transform its Michigan Assembly Plant into a flexible manufacturing complex that will build Ford’s next-generation Focus global small car along with a new battery-electric version of the Focus for the North American market. Mark Fields, Ford president of The Americas. Earlier post.)

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EV Adoption

MARCH 3, 2021

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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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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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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EV Adoption

FEBRUARY 7, 2021

On January 28 GM announced that it plans (aspires) to exclusively offer electric vehicles by 2035, ending production of its cars, trucks and SUVs with diesel- and gasoline-powered engines. ” They have suggested, however, that around “two-thirds” of the the 30 vehicles would be available in the 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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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. and the GT Performance 634 lb.-ft.

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Blink Charging

DECEMBER 15, 2023

Opting for an electric vehicle and leveraging the EV tax credit to help with your next electric vehicle purchase is a smart move. One such incentive is the Clean Vehicle Credit , a key component of the Biden administration’s Inflation Reduction Act. View IRS instructions for claiming credit.

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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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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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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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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. Under current rules, that means up to 200,000 Polestar vehicles will be eligible for the full $7,500 federal income-tax credit.

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Cars That Think

MARCH 12, 2023

Things are moving in the right direction in North America and Europe, but it’s too little too late at the moment, and the West is collectively scrambling to meet demand.” Brinley says the most critical key is a continued explosion of new EV models at every price point—including SUVs and pickups that are the lifeblood of U.S.

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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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Teslarati

NOVEMBER 11, 2023

Tesla has announced its latest round of free Supercharging, this time going to buyers of either the Model 3 sedan or the Model Y SUV located in North America. The post was made from Tesla’s North America account on X and included a link to the automaker’s website. The note comes ahead of the U.S.

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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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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. So the value of the credit means little to the less well-off.

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