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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.

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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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Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

EV Adoption

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

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Road Test: 2022 Chevrolet Bolt EUV

Clean Fleet Report

Road Test: 2022 Chevrolet Bolt EUV. When Chevrolet launched the 2022 Bolt EUV in February of this year (its first electric utility vehicle), it was recognized for its interior size, refreshed look over the sibling Bolt EV and a low price. Recharging the batteries when driving is through regenerative braking. Powertrain.

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Road Test: 2023 Volvo C40 Recharge Twin AWD Ultimate

Clean Fleet Report

Road Test: 2023 Volvo C40 Recharge Twin AWD Ultimate The First Volvo Compact SUV Coupe EV The 2023 Volvo C40 Recharge was the first electric-only and the smallest SUV from Volvo, falling in-line with the EX90 and XC40 Recharge. The shift-by-wire single speed transmission drives all four wheels 0-60 miles per hour in about 4.3

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Chevrolet to begin selling Spark EV in Maryland

Green Car Congress

Chevrolet will start selling the Spark EV in Maryland this spring, the electric mini-car’s first entry into the East Coast market. Chevrolet requires service training certification before a dealer is authorized to sell the Spark EV because of its unique propulsion system. foot overall length and a tight 33.8-foot

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Road Test: 2022 Chevrolet Bolt EV 2LT

Clean Fleet Report

Refreshed inside and out, the 2022 Chevrolet Bolt EV continues to be the best-selling electric car for Chevrolet and parent General Motors. The 2022 Chevrolet Bolt with a 259-mile driving range from a 150-kilowatt electric motor that drives the front wheels. See a tax consultant before visiting your local dealer.