The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. government decides it doesn’t like that year. Image: Jan Hendrik/Shutterstock] Become a& TTAC& insider.

Tax Credit 95

Tax Credit Tax North America Chevrolet 95

EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). What is less clear is how Tesla and GM will handle leases.

Tax Credit 111

Tax Credit Tax Manufacturer Parts 111

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

Tax Credit 72

Tax Credit Tax Electric Vehicles North America 72

EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

Tax Credit 98

Tax Credit Tax Sale Plug-in 98

EV Life

APRIL 7, 2023

That’s why it’s no surprise that the high sticker price of many electric vehicles, particularly Tesla models, has long been one of the main deterrents for people looking to buy a new car, truck, or SUV. Which brings us to Tesla. Tesla’s electric vehicles are by far the most popular EVs in the country. Not anymore.

Tax Credit 52

Tax Credit Tax Tesla Purchase 52

CleanTechnica EVs

JUNE 4, 2021

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.

Tax Credit 139

Tax Credit Tax Plugin Congress 139

Green Car Reports

AUGUST 22, 2022

Tesla has hiked the price of Full Self-Driving. BYD is entering Europe on its own—and, perhaps, heading into Tesla battery packs. And the EV tax credit revamp has triggered a massive price hike in EV and PHEV lease prices. Fisker is looking for more production space for its Ocean. In recent days, EV.

Fisker 99

Fisker PHEV BYD Price 99

EV Life

MAY 19, 2023

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.

Tax Credit 52

Tax Credit Tax Personal F-150 52

CleanTechnica EVs

MAY 27, 2021

The US Senate Finance Committee has put forth a bill to extend and strongly improve the US federal EV tax credit.

Tax Credit 145

Tax Credit Financing Tax Electric Vehicles 145

Green Car Reports

OCTOBER 7, 2022

Plug-in hybrids aren’t the dollars-and-cents no-brainer vs. hybrids anymore, due to the revamped EV tax credit. And will Tesla Megachargers be popping up everywhere now that the Semi is being delivered? Tesla Semi production has started, CEO. Honda provides a closer look at its upcoming electric SUV.

Honda 134

Honda Tax Credit Hybrid PHEV 134

Green Car Reports

OCTOBER 21, 2023

Which automakers this week announced a shift to the Tesla-based NACS charge port? Which long-running EV nameplate reclaimed eligibility for the EV tax credit? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending October 20, 2023.

Lexus 126

Lexus Tax Credit PHEV Tax 126

EV Adoption

SEPTEMBER 7, 2021

One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. How the Current Tax Credit Works For EV Buyers.

Tax Credit 59

Tax Credit Tax Parts Purchase 59

Green Car Reports

APRIL 23, 2023

What kind of fuel is being tested by Toyota in plug-in hybrids? Which Jaguar and Land Rover EVs are in the works? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 22, 2023.

Tax Credit 103

Tax Credit Land Rover Mercedes PHEV 103

Green Car Reports

APRIL 18, 2023

The Tesla Model Y is now challenging ICE models in price. The IRS posts its shortlist of models qualifying for the $7,500 EV tax credit. Toyota is testing low-carbon fuels for its plug-in hybrids. And Polestar and Lincoln are among the brands that have saved global reveals for China’s Shanghai auto show.

Tax Credit 120

Tax Credit Toyota Hybrid PHEV 120

InsideEVs

JANUARY 2, 2023

You can get a $7,500 credit on the polluting Ford Escape PHEV, but not the emissions-free Mustang Mach-E SUV.

Tax Credit 98

Tax Credit Ford Escape Tax 98

EV Life

JUNE 8, 2023

Tesla Model X Long Range Range: 348 Miles Price: $98,490 With a variety of fancy features and a sleek design, the Model X Long Range is Tesla’s definition of a luxury electric crossover SUV. For families, Tesla offers the option to add a third row of seats for an additional $3,000. The other upside? Volkswagen ID.4

SUV 52

SUV Tax Credit Market Tax 52

EV Adoption

JANUARY 22, 2022

Only available in the US beginning in March of 2021, the hot-selling Jeep Wrangler 4xe plug-in hybrid electric vehicle (PHEV) was apparently the top-selling PHEV in the US last year. So, we do know the sales numbers for most of the top-selling EVs and a strong sense of the two top-selling Tesla models. Flip a coin.

Jeep 98

Jeep PHEV Tax Credit Sale 98

EV Adoption

OCTOBER 29, 2022

Out of 82 BEVs and PHEVs that are either currently available for sale in the US, or expected to be so by the end of 2022, 67 of them, or 81.7%, have a base manufacturer’s suggested retail price (MSRP) higher than $39,999, according to new analysis from EVAdoption. Fifteen or 18.3% have a base MSRP below $40,000 and 31 or 37.8%

PHEV 52

PHEV Available Ferrari Dealers 52

Green Car Congress

JANUARY 28, 2022

Among owners who cite incentives as a key purchase driver, 79% received a federal tax credit/rebate, but only 59% of that group say it was very easy to receive. Tesla Model 3 ranks highest overall and highest in the premium BEV segment with a score of 777. Tesla Model Y (770) ranks second.

Power 259

Power Powered Purchase Tax Credit 259

Clean Fleet Report

FEBRUARY 27, 2022

And I’m one those million since they’re counting plug-in hybrids (PHEVs) as well as full battery electrics. Tesla Model 3 was the top seller in the state. Sales just topped a quarter-million with Tesla’s four models accounting for more than half of the overall sales. Tesla Model Y EV – 61,022. Tesla Model S EV – 6,532.

Personal 80

Personal PHEV Plug-in San Diego 80

EV Adoption

JUNE 21, 2022

But assuming you can get your hands on one, roughly two-dozen BEVs and PHEVs available for sale in the US this summer have a base manufacturer’s suggested retail price (MSRP) of less than $45,000. The federal EV tax credit is just that, a tax credit that is applied when submitting your taxes.

Available 98

Available Tax Credit Tax Dealers 98

EV Adoption

JANUARY 8, 2022

Among electric vehicles from automakers that report specific sales numbers for their EV models, the Toyota RAV4 Prime PHEV was tops in the US in 2021 with 27,3707 units sold. Another top-selling EV beyond Tesla models that is not included is the Jeep Wrangler 4xe PHEV, which likely saw 2021 sales of between 20,000-25,000.

Sale 52

Sale PHEV Tesla Mazda 52

Baua Electric

FEBRUARY 2, 2024

EVs, PHEVs, and hybrids made up 16.3% of total light-duty vehicle (LDV) sales in the US in 2023 – Tesla’s price cuts were a big reason. The Inflation Reduction Act’s $7,500 tax credit also made EVs more compelling to consumers. Tesla’s price cuts played a major role in 2023’s overall BEV price drop. of total sales.

Sale 52

Sale Hybrid Solar Tax Credit 52

EV Adoption

APRIL 4, 2021

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

Tax Credit 69

Tax Credit Tax PHEV Vehicles 69

Baua Electric

JANUARY 23, 2024

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.

Tax Credit 52

Tax Credit Tax PHEV 2018 52

Green Car Congress

SEPTEMBER 22, 2009

million ATVM loan for Fisker’s Project Nina—the design, engineering and assembly of Fisker Automotive’s next-generation plug-in hybrids, starting at about $39,900 after tax credits. and $465 million to Tesla Motors. The second stage includes a $359.36-million The first three conditional loans included $5.9 Earlier post.).

Fisker 199

Fisker Karma PHEV Columbus 199

EV Life

APRIL 27, 2023

Teslas are by far the most popular electric vehicles in the industry today, controlling over 60% of the EV market. Recently, Tesla has been adjusting the pricing for many of its vehicles, with some models changing four times in just the last month.

Tax Credit 52

Tax Credit Tax Tesla Clean 52

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.

Tax Credit 52

Tax Credit Tax Electric Vehicles Vehicles 52

The Truth About Cars

MARCH 21, 2024

Boston Consulting Group, an American-based global management consulting firm that issued the report, said the figure accounts for customer tax credits — painting a rather bleak picture for the future of EVs. Toyota, for example, will buy credits to meet emissions regulations, choosing to base its EV plans on customer demand.

Boston Consulting Group 105

Boston Consulting Group Boston F-150 Tax Credit 105

EV Life

MAY 5, 2023

You should consult your own tax, legal and accounting advisors before engaging in any transaction. 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.

Tax Credit 52

Tax Credit Tax Dealers Personal 52

Green Car Congress

OCTOBER 12, 2014

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In contrast, buyers ranked Tesla much more favorably.

Davis 290

Davis Plug-in Plug Sale 290

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 All figures from fueleconomy.gov.).

Minivan 150

Minivan Chrysler EPA 2017 150

Green Car Congress

NOVEMBER 13, 2015

The 2016 Hyundai Sonata Plug-in Hybrid Electric Vehicle (PHEV) is arriving in select dealerships in 10 states this week with an EPA-estimated 27-mile (43.5-kilometer) At the Sonata PHEV’s launch in January, Hyundai had estimated a 22-mile AER ( earlier post ), which it later bumped up to around 24 miles ( earlier post ).

Plug-in 150

Plug-in 2016 Plug EPA 150

EV Adoption

FEBRUARY 7, 2021

In the 12 months since sharing the forecast below, multiple new crossover/SUV EVs including the Mustang Mach-E, Volvo EC40 Recharge, Polestar 2, Tesla Model Y Standard Range, Nissan Ariya, VW ID.4, By comparison, in 2020 Tesla sold an estimated 242,713 units in North America (US and Canada).

GM 116

GM Market Cadillac Acura 116

Plug in America

AUGUST 10, 2022

Numerous examples of vehicles such as the Chevy Bolt, Nissan Leaf, and Tesla Model 3 are available in various trim levels with relatively low mileage. . While EV and PHEV batteries are known to last the life of the vehicle, an older EV with high mileage will have less range than when it was new. .

Purchase 97

Purchase Vehicles Los Angeles Plug-in 97

EV Adoption

NOVEMBER 29, 2021

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). Battery is under 10kWh: Currently only five PHEVs would not meet the proposed 10 kWh threshold: Toyota Prius Prime (8.8

Tax Credit 52

Tax Credit Tax Hummer PHEV 52

EV Adoption

AUGUST 23, 2021

One of the proposed changes to the federal EV tax credit that has flown a bit under the radar is also one of the most political and protectionist in nature. Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit).

Tax Credit 52

Tax Credit Tax Chinese Volvo 52