Baua Electric

FEBRUARY 2, 2024

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication’s 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers. billion on EV infrastructure.

Dealers 97

Dealers Tax Credit Tax Mazda 97

The Truth About Cars

FEBRUARY 1, 2024

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges.

Dealers 105

Dealers Auto Durango Tax Credit 105

Baua Electric

FEBRUARY 1, 2024

Ford F-150 Lightning (Source: Ford) A strong majority of car dealers complain the US government’s strategy is bringing them too fast into the electric vehicle future. The concerns about dealers have proved warranted. 83 percent of the dealers surveyed said that they believe the federal government is pushing them into EVs too fast.

Dealers 52

Dealers Future F-150 Tax Credit 52

Clean Fleet Report

SEPTEMBER 26, 2022

Affordable 259-Mile All-Electric Driving Range. The Bolt EV currently (as of August 2022) does not qualify for federal tax credits, but will qualify for credits or incentives in some states. See a tax consultant before visiting your local dealer. Road Test: 2022 Mazda MX-30 EV. Better than ever.

Chevrolet 75

Chevrolet Miles Clean Cleaning 75

EV Adoption

NOVEMBER 26, 2021

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.

Tax Credit 116

Tax Credit Tax F-150 PHEV 116