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These 5 Plugin Vehicle Models Would Benefit Most From Proposed US EV Tax Credit Update (Chart)

CleanTechnica EVs

As we reported recently, there’s a big cleantech bill moving through the US Congress that would revive, extend, and expand the zero-emission vehicle tax credit in various ways.

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Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

City officials in Houston estimate that the city’s 27 Nissan LEAF electric vehicles will save the city $110,000 annually compared to internal combustion engine vehicles. In 2010, the city converted 15 Toyota Prius hybrids to plug-in hybrid electric vehicles (PHEVs). Earlier post.). A similar study examining Loveland, Colo.

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DOE Announces $528.7M Conditional Loan for Fisker Automotive for PHEVs

Green Car Congress

million ATVM loan for Fisker’s Project Nina—the design, engineering and assembly of Fisker Automotive’s next-generation plug-in hybrids, starting at about $39,900 after tax credits. billion to Nissan North America, Inc.; The second stage includes a $359.36-million The first three conditional loans included $5.9 Earlier post.).

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Tesla, VW and several other EVs that qualify for the new 2023 US EV tax credit

Teslarati

EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. federal tax credit includes EVs made by fourteen manufacturers. The full list is as follows: 2023 Audi Q5 TFSI e Quattro (PHEV). 2021, 2022, 2023 Nissan Leaf. 2022 Volvo S60 (PHEV).

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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

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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. Chrysler Pacifica PHEV. Ford Escape PHEV. Jeep Grand Cherokee PHEV.

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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

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. Even the humble Nissan Leaf has been removed. That also means a bunch of foreign-made vehicles no longer qualify.