CO2, Prius, South Korea and Tax

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

EV Adoption

NOVEMBER 26, 2021

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.

Tax Credit

Tax Credit Tax F-150 PHEV

GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

APRIL 16, 2009

"It is unreasonable to expect the Volt and any similar new technology to be immediately profitable when other technologies that started with a price premium, such as the Toyota Prius, became wild successes," said Chelsea Sexton, an advisory board member of Plug-In America. Engineering proptypes enjoy a tax break.

Volt

Volt GM Chevrolet EV1

EV Driven

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

GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

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