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Volvo’s Polestar 1 PHEV makes European debut; pre-orders open 13 March

Green Car Congress

Polestar, Volvo Cars’ new electric performance brand, introduced the Polestar 1 plug-in hybrid to the public for the first time at the Geneva Motor Show. Customers will also be able to purchase the Polestar 1 outright if desired. The European debut follows its global media reveal in Shanghai, China, in late 2017. Earlier post.).

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Plug’n Drive and The City of Calgary Launch MEET Calgary

Plug N Drive

This initiative will serve as an engaging community hub, providing valuable information on the environmental and economic benefits of driving electric in Canada. Since the MEET was first launched in 2020, it has been engaging communities across Canada from British Columbia to New Brunswick. in Q1 2023, according to StatsCan.

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Which EV manufacturers performed the best in 2024 so far?

Baua Electric

This included battery-electric vehicles (BEVs), plug-in hybrids (PHEVs) and extended-range electric vehicles (EREVs). EVs include BEVs and PHEVs. BYD is also China’s largest OEM by production and sales volumes, despite only offering BEV and PHEV models. It is also late to the EREV party. Source: EV Volumes.

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3 Scenarios That Would Make An EV Ineligible For the Federal EV Tax Credit

EV Adoption

Battery is under 10kWh: Currently only five PHEVs would not meet the proposed 10 kWh threshold: Toyota Prius Prime (8.8 kWh) Hyundai IONIQ PHEV (8.9 kWh) Kia Niro PHEV (8.9 But all of these PHEVs have batteries of around 9 kWh and so they could easily be upgraded to 10 kWh to qualify for the tax credit.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

Probably the most needed and least controversial proposed change is the elimination of the phaseout of the tax cap that begins in the quarter after a manufacturer sells 200,000 BEVs or PHEVs in the US. The credit is not available for Tesla vehicles acquired after December 31, 2019 and General Motors EV purchased after March 31, 2020.

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

Charged EVs

Marketing gurus tell us that luxury buyers don’t tend to be very price-sensitive—if you can afford an $80,000 car, a few thousand bucks one way or the other is unlikely to affect your purchase decision. Clean Vehicle Credit $7,500 consumer credit for the purchase of an EV, PHEV or fuel cell vehicle.

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Impact of Proposed Changes to the Federal EV Tax Credit – Part 1: Summary Chart

EV Adoption

And the OEM phaseout is retroactive to May 24, 2021 so buyers of Tesla and GM EVs purchased after May 24, 2021 could apply the credit on their 2021 tax return. 5) maximum credit purchaser is eligible to claim based on vehicle qualifications.