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The Best Electric SUVs on the Market

EV Life

These spacious, versatile, and family-friendly vehicles offer drivers the best of many worlds in one, so it’s no surprise that the release of electric SUVs on the market was highly anticipated and met with excitement by EV fans and SUV enthusiasts alike. Prices have been coming down while ranges have steadily increased.

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Tesla, VW and several other EVs that qualify for the new 2023 US EV tax credit

Teslarati

The IRS noted that the vehicles on the list below don’t automatically qualify but must also have undergone final assembly in North America and not exceed a manufacturer-suggested retail price (MSRP) of $80,000 for vans, SUVs, and pickups or $55,000 for other vehicles. 2022-2023 Ford Escape Plug-In Hybrid. 4 AWD as SUVs.

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These are the EVs that still qualify for the $7,500 tax credit in 2024

Teslarati

The tax credit also has MSRP limits, maxing out at $80,000 for vans, SUVS and pickups, and at $55,000 for other EVs. Interestingly, one PHEV still qualifies for the full tax credit, while others are eligible for the reduced credit. Only five BEVs remain eligible for the full $7,500 amount, though some include multiple configurations.

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How to Get a Plug-In Hybrid

Tony Karrer Delicious EVdriven

Conversions are mostly for the Prius, with a few for the Ford Escape/Mercury Mariner hybrid SUVs. At these prices, people are buying the "environmental feature" -- they want to be among the first owners of the worlds cleanest extended-range vehicles. They are early adopters, buying "Version 1.0"

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Which 2024 EVs qualify for the $7,500 EV tax credit?

Baua Electric

For automakers and suppliers, there may also be other logistical hurdles for motors, inverters, and other propulsion components accompanying these battery-level changes. Vehicle price caps also apply, of $55,000 for new cars and $80,000 for pickup trucks, SUVs, and vans. 2024 Rivian R1T Which models qualify?

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

Baua Electric

4 (all models) (2021- 2022 ) $4,000 VOLVO C40 (2022) $4,000 XC40 Recharge (2021- 2022 ) $4,000 Last updated 1/23/2024, most recent changes in bold The Audi Q5 TFSI e Quattro. 4 (all models) (2021- 2022 ) $4,000 VOLVO C40 (2022) $4,000 XC40 Recharge (2021- 2022 ) $4,000 Last updated 1/23/2024, most recent changes in bold The Audi Q5 TFSI e Quattro.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Ford Escape PHEV-40 around 2012. First Escape PHEV delivered to SCE Nov 2007; 20 in 2008-2009. Several after-market companies have done PHEV conversions of the Ford Escape hybrid and one has done a retrofit of the F-150 pickup -- see Where PHEVs Are and ICE-Conversions.) Establishing dealer network. Batteries not ready.

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