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2024 BMW iX2 review: Is this the EV bargain of the year? How tax incentives make this slick compact SUV a tempting electric car

EV Central

BMW is pushing hard into the EV space, in turn crushing its traditional luxury rivals on Aussie sales. Part of the appeal is six models priced below the luxury car tax threshold, in turn allowing owners to package them into a novated lease and sidestep fringe benefits tax when using the car for personal use. BMW iX2 xDrive30.

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Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Buying an electric car with at least 300 miles of range is getting more affordable than ever. When leasing, the gap is even more significant, with Hyundai and Tesla EVs as much as 37% lower than similar models from Toyota and BMW. A new Bloomberg Green analysis shows the 2024 Hyundai IONIQ 6 is the most affordable EV.

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EV Tax Credit: 19 EVs that still qualify in 2022 under the Inflation Reduction Act

EV Life

The passage of the US Inflation Reduction Act includes nearly unlimited funding for a $7500 EV tax credit on new EVs through 2032. In the long term, the Inflation Reduction Act promises to accelerate electric car affordability for millions of Americans, the next couple of years are going to be a challenge. 2022 EV Tax Credits.

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XC90 Recharge review, Polestar 3, Rivian R3, EV tax credit update: The Week in Reverse

Baua Electric

That’s considerably lower than what this model had been slated to cost, and it matches it up more competitively versus the Volvo EX90, BMW iX, and Audi Q8 E-Tron. 4 to the list, we revisited and updated our roundup of which 2024 EVs qualify for the $7,500 EV tax credit. With the recent addition of the Volkswagen ID.4

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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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Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

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).

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Civic Hybrid and Polestar 3 reviews, $25,000 Jeep EV, Tesla 4680 update: The Week in Reverse

Baua Electric

How are BMW and VW using AI in their EVs? It seats five and stands out for ride and handling and overall build quality over the Tesla Model Y Performance, but at more than a $25,000 premium even before the Tesla’s tax credit, it should. The Nissan Leaf has once again lost its $3,750 EV tax credit. bound Honda EV?