Looking to save up to $7,500 at tax time and get a new ride too? Check out our list of the top electric cars, trucks and SUVs that are available with the newly revamped federal EV tax credit.
The U.S. government is putting increased weight into the shift, with the EPA releasing a full list of EVs eligible for tax incentives. We've done the due diligence of gathering each EV that's currently eligible to earn the full $7500 credit and listed them below. While plug-in-hybrid ...
The department has contracts with General Electric and Chrysler Corporation, working together, and Garrett Corporation. Standards call for cars that will cruise at 55 mph, recharge in six-hours, cost $5000 (in 1975 dol...
Note too that several of the vehicles listed below just barely qualify for the incentives due to restrictions related to price. Electric trucks and crossovers must be priced—including options and delivery fee—under $80,000. Electric cars must come in under $55,000. We doubt that many Rivian...
Federal incentives support VivoPower’s commercial EV pivotJust a week after we announced our non-binding Letter of Intent to acquire a 51% shareholding in Tembo 4×4 e-LV, the Australian government has unveiled an incentive plan for businesses investing in new electric vehicle (EV) fleets. ...
Margo Oge:Yeah, I absolutely agree with you. I do hope that the financial incentives in this Build Back Better legislation will happen, because there are over $500 billion of climate change [investments], from renewable energy to incentives for electric vehicles. I hope that passes, because ...
However, Hyundai and Kia might lose the benefit if the upcoming Trump administration makes drastic changes. The President-elect vowed during his campaign to eliminate the EV incentiveson “day one,”though American automakers havepleaded to let it live. ...
“If sales volumes in November are any indication, we think 2024 will end on a positive note for the auto business. Yes, prices are trending higher year over year, but higher incentives and discounts are bringing in buyers,” said Erin Keating, Executive Analyst at Cox Automotive, regarding ...
Martyn does a fantastic job of laying out a couple of perspectives on the EV incentives, how some are proposing to pay for them, and reading from experts examining the bill. One such expert is Tom Randall ofReuters, who has postednumerous Twitter threads on the topic.His most notable is ...
To make up for the delayed deliveries and fewer incentives, Tesla will "partially absorb" the reduced federal tax credit. So all vehicles will be $2,000 less starting today. The price reduction is available for all buyers. If there's ever a time to go electric, it's now. ...