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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

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The redesigned federal EV tax credit and other EV-related measures

Charged EVs

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

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Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

Today, we’ll be taking a look at one of Chevy’s most popular, affordable, and revolutionary offerings, the Chevrolet Bolt EUV. Available Chevrolet Bolt EUV Trims At a Glance Chevrolet Bolt EUV Version Price Range Top Speed 0-60 mph EV Tax Credit State/Local Incentives Bolt EUV LT $27,795 247 miles 90 mph 6.8

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Electric Vehicle Spotlight: Financing a Tesla Model 3

EV Life

Its combination of affordability, performance, and impressive range has led it to become one of Tesla’s best-selling electric vehicles to date, proving to be a strong competitor against more affordable options from automakers like Hyundai, GM, and Kia. The great news? The Model 3 RWD accelerates 0-60 mph in 5.8

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The Tesla Model 3 is now cheaper to lease than a Toyota Camry

Baua Electric

If the 2024 Tesla Model 3 Long Range All Wheel Drive is catching your eye, it’s now more affordable because it’s become eligible for the full $7,500 tax credit. If you buy rather than lease the Long Range model, it’s only around $1,000 more expensive than the Standard Range model, thanks to the federal tax credit.

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Nissan offers Chevy Bolt EV drivers a deal to buy a new LEAF

Baua Electric

Nissan targets Bolt EV drivers with new LEAF offer Starting at $28,140, the 2024 Nissan LEAF is already one of the most affordable electric vehicles in the US. After regaining access to a part of the federal EV tax credit earlier this year, the LEAF can be bought for as little as $24,390.

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Ford brings generous offers to Mustang Mach-E, F-150 Lightning to make its EVs more accessible

Teslarati

Ford is offering special financing on the Mustang Mach-E and F-150 Lightning as it is attempting to make its electric vehicles more accessible by improving affordability through both leasing and purchasing. APR for terms up to 60 months for qualified customers financing a Mustang Mach-E F-150 Lightning 0% APR for 36 months or 3.9%

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