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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. Formerly eligible models from BMW, Audi, Volkswagen, and Volvo have been bumped off the list.

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81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

Car dealerships will advise you on the frequency of maintenance needed at the time of purchase. With more users gearing towards purchasing electric vehicles, a surge in demand has drastically hit the electric automobile industry. You can now purchase an electric vehicle at a fair price due to the existing tax credits.

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Blink’s 2023 Year in Review

Blink Charging

As noted by in a report by the National Renewable Energy Laboratory (NREL) , “As of June 30, 2023, approximately 66% of registered all-electric vehicles in the United States were Teslas and therefore compatible with the NACS connector.” 2023 marked a record year for both Blink Charging and the electric vehicle industry as a whole.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Broadly, Navigant expects expansion in both the higher end of the market (thereby putting competitive pressure on Tesla Motors), as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce their first plug-in cars. First, there are more products available for purchase with new entrants ready to boost the market profile.

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Here are all the used EVs that qualify for a $4,000 tax credit

Baua Electric

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Signatories to the Guiding Principles to Promote Electric Vehicles and Charging Infrastructure include the following industry members, agencies, organizations, and states: Avista. billion in loan guarantees to support innovative renewable energy and energy efficiency projects in the United States. Berkshire Hathaway Energy.

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