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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

Some shoppers for electric vehicles and plug-in hybrids are encountering severe sticker shock this weekend in monthly lease numbers. 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.

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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

The Hyundai Tucson Plug-In Hybrid beats the RAV4 Prime on affordability. 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.

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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’s first plug-in hybrid is built at the Giambattista Vico Stellantis plant in Pomigliano d’Arco, Naples, Italy, one of the company’s most advanced production sites. US customers who choose to lease their all-new Alfa Romeo Tonale can take advantage of a $7,500 federal EV tax credit. Earlier post.) The additional 1.3-liter

Plug-in 435
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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.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

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?