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Which 2024 EVs qualify for the $7,500 EV tax credit?

Green Car Reports

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. Noteworthy Tesla omissions include most of the Model 3 lineup (the Performance version is the only one that now qualifies), as well as the entire Model S lineup. And as expected, it’s very short.

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IRS invites consumers to comment on EV tax credit qualifications

Teslarati

The Internal Revenue Service (IRS) is inviting consumers to share comments on the electric vehicle tax credit qualifications. Tesla and electric vehicle supporters have been vocal about the Inflation Reduction Act’s qualified cars for the EV incentive. Some of these vehicles include plug-in hybrid EVs that use gas and batteries.

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Tesla and EV dominance in Norway causes shortage of fossil fuel cars to tax

Teslarati

Tesla and other electric vehicles are beginning to dominate the roads in Norway, leaving very few internal combustion engine (ICE) cars to tax. Tesla Model Y becomes Norway’s best selling EV in August in less than one week. People who purchased new EVs were exempted from paying hefty taxes like VAT and purchase tax as well.

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Tesla, VW and several other EVs that qualify for the new 2023 US EV tax credit

Teslarati

Tesla, Volkswagen, and several other EV manufacturers qualify for the new 2023 U.S. EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. 2022-2023 Ford Escape Plug-In Hybrid. 4 AWD Pro S.

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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Tesla China: Top gov’t meeting confirms NEV purchase tax exemption extension

Teslarati

Tesla China will likely see its momentum in the domestic EV market accelerate, thanks to the country’s NEV purchase tax exemption being renewed next year. The NEV purchase tax exemption, which was launched in 2014, allowed most consumers who purchase green vehicles to save about RMB 10,000 (around $1,500).

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How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

At the forefront of the electric vehicle revolution is Tesla, which currently makes up over half of the EV market. Tesla’s groundbreaking technology, impressive range, cutting-edge performance, and continuous software updates give the automaker a strong advantage over its competition (although other major brands are starting to catch up ).