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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

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.

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Final EV Tax Credit Details and More EV News

Electric Auto Association

Many Americans want to know if their next EV purchase qualifies for a full, half, or any tax credit. Below are the preliminary specifications: RWD Long Range Single 150 kW (201 hp) motor paired with 99.8 seconds RWD Standard Range Single 160 kW (214 hp) motor paired with 76.1-kWh EV tax credit.

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VW ID.4 EV tax credit; Subaru Solterra update; Macan, Prologue, and ZDX pricing: The Week in Reverse

Baua Electric

4 models qualify for the $7,500 EV tax credit , making it the first foreign automaker to get the nod under tightened sourcing rules. The Prologue costs $48,795 with a range of 296 miles, although a loaded version with all-wheel drive nearly reaches the $60,000 mark. range —for sedans, on the platform. population.

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The Tesla Model 3 is now cheaper to lease than a Toyota Camry

Baua Electric

You can lease the 2024 Tesla Model 3 Standard Range Rear Wheel Drive for just $299 per month over 36 months with $3,993 due at signing. Meanwhile, the Toyota Camry (above), which now only comes as a hybrid with up to 51 MPG combined, didn’t get a price bump despite the redesign. The Long Range AWD has around 70 more miles of range.

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Prius Plug-In eligibile for a $1,500 California consumer incentive plus $2,500 Federal tax credit

Green Car Congress

Designed to promote the use of Zero Emissions Vehicles (ZEV) and related clean vehicle technologies, the CVRP is a consumer incentive made available in addition to a $2,500 Federal Tax credit. In hybrid mode, it has an EPA combined mileage rating of 50 mpg.

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2021 Mitsubishi Outlander PHEV features upgraded powertrain, enlarged battery pack

Green Car Congress

Outlander PHEV is substantially upgraded for 2021, and features a revised powertrain, an enlarged battery pack offering extended all-electric range, and increased performance from a new, more efficient, 2.4 Starting MSRP remains the same as the 2020 model, just $36,295 before available state and federal tax incentives.

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2025 Kia Carnival Hybrid minivan costs at least $41,895

Baua Electric

V-6 models are EPA rated at 21 mpg combined but ratings for the Carnival Hybrid have not been published yet. In the Kia Sorento Hybrid, which also gets a facelift for 2025, a similar powertrain returns 36 mpg combined. There is a Sorento Plug-In Hybrid that offered 32 miles of electric range in its pre-facelift guise.

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