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Used PHEV prices rose ahead of $4,000 tax credit eligibility

Green Car Reports

In the months even before we knew some used plug-in hybrids would be eligible for a $4,000 used EV tax credit, market interest in plug-in hybrids was on the rise, according to a recent pricing analysis.

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EV tax credit consequence: Plug-in vehicle lease prices are soaring

Green Car Reports

That’s because versus just a few days ago, a vast swath of EV and PHEV models are no longer eligible for the federal EV tax credit—now known as the Clean Vehicle Credit. Some shoppers for electric vehicles and plug-in hybrids are encountering severe sticker shock this weekend in monthly lease numbers.

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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The Clean Vehicle Tax Credit for new EVs is worth up to $7,500 and the Previously Owned Clean Vehicle Tax Credit is worth up to $4,000. Here’s what you need to know.

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EV tax credit union boost, Hyundai Tucson PHEV pricing, BMW EV range: Today’s Car News

Green Car Reports

And controversy swirls over a boost being given to unions as part of the EV tax credit. A revamped version of the federal EV tax credit, lifting the. BMW is sitting out the race for more mass-market EV range. We help break down why. This and more, here at Green Car Reports.

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Alfa Romeo starts production of its first plug-in hybrid; Tonale offers 30 miles electric range

Green Car Congress

Alfa Romeo started retail production for the all-new 2024 Tonale PHEV. The Tonale PHEV will begin arriving at dealers in June. The Tonale enters the premium compact CUV segment with standard all-wheel drive, more than 30 miles (48 km) of electric range and a starting US manufacturer's suggested retail price (MSRP) of $42,995.

Plug-in 435
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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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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.