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DOE publishes list of EVs eligible for new tax credit

Teslarati

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Under the new law, only EVs assembled in North America qualify for the credits. Under the new law, the manufacturer’s sales cap is lifted. GMC Hummer SUV.

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Proposed Changes to Federal EV Tax Credit – Part 3: MSRP Must Be Less Than $80,000

EV Adoption

Should expensive electric vehicles be excluded from the federal electric vehicle tax credit (IRC 30D)? While this question is often hotly debated on social media, the proposed changes to IRC 30D would draw a line in the sand and establish an $80,000 MSRP cap on the credit.

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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. Audi’s Q4 e-tron and Q8 e-tron, as well as the GMC Hummer EV SUV, have inventories that are well above 100 days. Electric cars currently account for about 6.5%

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4 Best Electric Car Super Bowl Ads (And How To Save Thousands On These EVs)

EV Life

Here are the top four electric vehicle ads (along with their rebates, tax credits, and other incentives): Ford Mustang Mach-E (2020). MSRP: From $43,895 Incentives: up to $7500 federal tax credit, up to $5,000 in state rebates Verify your incentives. GMC Hummer EV (2021). Availability: Late 2020. Join waitlist.

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GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. 4, Ford Mustang Mach-E, and Nissan LEAF.

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Putting the “Utility” in Sport Utility Vehicle: Which Electric SUVs Perform Best Off-Road?

EV Life

These standards are important because they dictate the MSRP limit the vehicle must meet in order to qualify for the federal EV tax credit, which can make or break sales numbers. If a vehicle qualifies as a car, the MSRP limit is $55,000 to be eligible for the tax credit. Range Dual Motor AWD 533 hp 4.5

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The 2024 GMC Sierra EV’s lease price will give you sticker shock

Baua Electric

Photo: GMC Based on the latest incentive data, the 2024 GMC Sierra EV lease price costs nearly twice as much as GMC’s HUMMER EV. That’s equivalent to an interest rate of 8.18%, slightly higher than the HUMMER EV ‘s 8.06% rate. That’s 23% less than the HUMMER EV’s residual value of 76%. A money factor is expressed as a decimal.

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