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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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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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

Baua Electric

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. Also of note: No Rivian electric truck qualifies for the full $7,500 tax credit amount in 2024, at this time. The credit amount on these models has fallen to $3,750. And as expected, it’s very short.

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Ford launches program for Tesla owners to get F-150 Lightning discount

Teslarati

Some of Ford’s incentives, when combined with the Tesla Competitive Conquest Bonus Cash, can take off as much as $14,000 from the purchase price of a new F-150 Lightning. Ford EVs will currently require the NACS adapter, which is free for the time being.

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Tesla supporters protest after IRA incentives shun popular BEVs, support hybrids

Teslarati

Based on the list of vehicles that qualify for IRA’s $7,500 tax credit, popular battery-electric cars like some variants of the Tesla Model Y and the Ford Mustang Mach-E will not be getting any incentives from the IRA at all. . Credit: US Department of Energy. .” However, a number of gas-powered hybrids actually do.

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Ford cuts Mustang Mach-E prices, increases range as it re-opens orders

Teslarati

Ford has re-opened order banks on the Mustang Mach-E while simultaneously rolling back prices and increasing range. Ford has boosted the range of the Standard Range battery models to a range of 250 miles for the Rear-Wheel-Drive powertrain, according to EPA estimates, while the e-All-Wheel-Drive (eAWD) will have 226 miles.

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The Best Electric SUVs on the Market

EV Life

Like their electric car cousins, all-electric SUVs have come a long way—batteries have evolved to increase range and improve performance, new motors are providing impressive torque and towing capabilities, and prices have come down to make options more affordable, making these SUVs some of the most attractive sport utility options out there.

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