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Hybrid Sales Falter in S. Korea while SUV Sales Climb

Green Car Congress

Korea Times. Automakers in South Korea sold a total of 591 hybrids in February, represented 0.5% Sales of the Toyota Prius dropped from 128 last October to 54 in February, Most other hybrid editions from popular foreign brands fail to sell more than 10 vehicles a month. of the total market, down from a 0.6%

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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

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). In this brief article I will share the 3 scenarios that lead to an EV being completely disqualified from any available tax credit amount.

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Kia EV9: Green Car Reports Best Car To Buy 2024

Baua Electric

The EV9 is also the only electric three-row SUV built on an 800-volt architecture, permitting super-quick road-trip fast-charging of 10-80% in less than 25 minutes, according to Kia. The first models come from South Korea, but that’s set to change by mid-2024 with the arrival of U.S.-built coefficient of drag.

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Zero EVs May Qualify For the Federal Tax Credit Under the Inflation Reduction Act Requirements

EV Adoption

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. That is a very good thing, but tying this requirement to a consumer-facing tax credit that results in few or zero EVs qualifying, is probably not the best approach.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable. More on this below.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

"It is unreasonable to expect the Volt and any similar new technology to be immediately profitable when other technologies that started with a price premium, such as the Toyota Prius, became wild successes," said Chelsea Sexton, an advisory board member of Plug-In America. Engineering proptypes enjoy a tax break.

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