The Truth About Cars

JUNE 7, 2023

General Motors recently released the absolutely ludicrous GMC Hummer EV while the Chevrolet Bolt is being discontinued. Meanwhile, Volvo has introduced the EX30 — a pint-sized EV that’s to serve as the foundation of its all-electric transformation. The 2025 Volvo EX30 is 166.7 The 2025 Volvo EX30 is 166.7 inches long, 72.3

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Volvo All-Electric SUV South Carolina 98

EV Adoption

FEBRUARY 7, 2021

In the 12 months since sharing the forecast below, multiple new crossover/SUV EVs including the Mustang Mach-E, Volvo EC40 Recharge, Polestar 2, Tesla Model Y Standard Range, Nissan Ariya, VW ID.4, Hence the focus on high-end models such as the GMC Hummer and Cadillac LYRIQ.

GM 116

GM Market Cadillac Acura 116

EV Adoption

NOVEMBER 29, 2021

In my previous article, Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives , I outlined and analyzed 13 proposed changes to IRC 30D (federal EV tax credit). In this brief article I will share the 3 scenarios that lead to an EV being completely disqualified from any available tax credit amount.

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Tax Credit Tax Hummer PHEV 52

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.

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Tax Credit Tax F-150 PHEV 116