Jeep PHEV Purchase Tax Credit 
The Truth About Cars
APRIL 17, 2023
With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. But there are a few more hoops to jump through if you want the government to offer some cash back on your EV purchase.
EV Life
MAY 19, 2023
The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.
EV Adoption
JANUARY 22, 2022
Only available in the US beginning in March of 2021, the hot-selling Jeep Wrangler 4xe plug-in hybrid electric vehicle (PHEV) was apparently the top-selling PHEV in the US last year. From where I sit, a new PHEV from Jeep outselling the Toyota RAV4 Prime is actually pretty impressive. Flip a coin.
EV Life
JUNE 8, 2023
The Model Y qualifies for the full $7,500 federal EV tax credit. At the moment, the Mach-E only qualifies for half of the federal EV tax credit, providing eligible drivers a credit of up to $3,750. The Chevy Bolt EUV also qualifies for the full $7,500 federal EV tax credit. The other upside?
Clean Fleet Report
FEBRUARY 27, 2022
And I’m one those million since they’re counting plug-in hybrids (PHEVs) as well as full battery electrics. Toyota Prius Prime PHEV – 14,275. Toyota RAV4 Prime PHEV – 7,988. Jeep Wrangler 4xe PHEV – 4,427. Buyers could still receive federal tax credits and local incentives if available.
EV Adoption
APRIL 4, 2021
The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.
EV Adoption
JANUARY 8, 2022
Among electric vehicles from automakers that report specific sales numbers for their EV models, the Toyota RAV4 Prime PHEV was tops in the US in 2021 with 27,3707 units sold. Another top-selling EV beyond Tesla models that is not included is the Jeep Wrangler 4xe PHEV, which likely saw 2021 sales of between 20,000-25,000.
Expert insights. Personalized for you.
94 
Let's personalize your content