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IRA EV tax credits winning over more auto dealers in 2024

Teslarati

According to the United States (US) Treasury Department, more auto dealers are signing up for the point-of-sale electric vehicle tax credit. In November 2023, the US Treasury announced that car dealers would receive direct tax credit payments, enabling them to offer customers immediate rebates at the point of sale.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

Which automaker announced plans to embrace the Tesla charge connector and reignite an offbeat kind of internal combustion engine, all in the same week? Set to arrive in summer 2024, the 2025 Honda Civic Hybrid will be much more than a niche model, with the automaker anticipating 40% of Civic sales will be hybrids.

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Nissan schleps the LEAF along for at least one more year, 2025 models start at $28,000

Baua Electric

For one more year at least, as Nissan has begun sales of the 2025 model year LEAF. Still, the LEAF’s starting price of $28,000 makes it one of the most affordable models available today… as long as you find somewhere that has CHAdeMO charging. Long live the LEAF! However, that is not the case… at least not yet.

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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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Here’s every electric vehicle that currently qualifies for the US federal tax credit in 2024

Baua Electric

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. More on that below.

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J.D. Power launches EV Index; measuring roadblocks to EV adoption, parity to gas-powered vehicles

Green Car Congress

Each month, the index will arrive at one number (on a 100-point scale) to make it easy to understand the progress to parity of EVs with traditional internal combustion engine (ICE) vehicles. Affordability. The Experience score is 89, down 2 points from a year ago due largely to declining satisfaction with the EV sales experience.

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Honda may build an EV factory in Canada featuring in-house battery cells

Teslarati

It’s also expected to help the automaker gain access to EV tax credits in the U.S. Canada has enacted a plan to ban the sale of new internal combustion engine (ICE) vehicles by 2035 , dubbed the Electric Vehicle Availability Standard, and following in the footsteps of the European Union (EU) and U.S.

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