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. What are the New Changes to the Federal Tax Credit?

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EV Life

JUNE 8, 2023

Like their electric car cousins, all-electric SUVs have come a long way—batteries have evolved to increase range and improve performance, new motors are providing impressive torque and towing capabilities, and prices have come down to make options more affordable, making these SUVs some of the most attractive sport utility options out there.

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Teslarati

AUGUST 16, 2022

President Joe Biden will sign the Inflation Reduction Act today, and the act will cut EV tax incentives with it. Most cuts come from the bill’s requirement of US assembly and price limits for qualifying vehicles. The act makes loans and tax breaks available to manufacturers to switch production to electric vehicles.

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