Remove Chevrolet Remove GM Remove PHEV Remove Tax Credit
article thumbnail

DOE publishes list of EVs eligible for new tax credit

Teslarati

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Under the new law, only EVs assembled in North America qualify for the credits. Tesla and GM were disqualified since both companies have sold over 200,000 EVs.

article thumbnail

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). What is less clear is how Tesla and GM will handle leases.

article thumbnail

Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

article thumbnail

82% of BEVs & PHEVs Available in the US in 2022 Have a Base MSRP of $40,000+

EV Adoption

Out of 82 BEVs and PHEVs that are either currently available for sale in the US, or expected to be so by the end of 2022, 67 of them, or 81.7%, have a base manufacturer’s suggested retail price (MSRP) higher than $39,999, according to new analysis from EVAdoption. Fifteen or 18.3% have a base MSRP below $40,000 and 31 or 37.8%

PHEV 52
article thumbnail

What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

In the last year GM has initiated a full court press on the public relations front around its electric vehicle plans. It seems like a week hasn’t gone by without an email in my inbox from GM about an embargoed press release and some upcoming GM EV event or announcement. GM Stock Chart: Yahoo Finance.

GM 116
article thumbnail

Personal: One in a Million

Clean Fleet Report

And I’m one those million since they’re counting plug-in hybrids (PHEVs) as well as full battery electrics. I think that’s fair since on a good day my 3 ½-year-old Chevrolet Volt has a 61-mile all-electric range, roughly comparable to a used Nissan Leaf or Fiat 500e. Toyota Prius Prime PHEV – 14,275. Chevrolet Bolt EV – 12,313.

article thumbnail

2021 US EV Sales Scoreboard: RAV4 Prime and Mustang Mach-E Are The Top-Selling Non-Tesla EVs

EV Adoption

Among electric vehicles from automakers that report specific sales numbers for their EV models, the Toyota RAV4 Prime PHEV was tops in the US in 2021 with 27,3707 units sold. Another top-selling EV beyond Tesla models that is not included is the Jeep Wrangler 4xe PHEV, which likely saw 2021 sales of between 20,000-25,000.

Sale 52