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10 electric and plug-in hybrid cars that qualify for $7,500 tax cut
1 year, 8 months ago

10 electric and plug-in hybrid cars that qualify for $7,500 tax cut

Daily Mail  

It comes as the average cost of an electric vehicle fell slightly to $58,940 But a further seven can entitle buyers to $3,750, under new rules Only ten electric cars are eligible for the Government's $7,500 tax credits Motorists can claim up to $7,500 back in tax credits when they buy an electric vehicle thanks to a new scheme brought …

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These are the EV models that will get you the full $7,500 tax credit
1 year, 8 months ago

These are the EV models that will get you the full $7,500 tax credit

LA Times  

The Ford F-150 Lightning displayed at the Philadelphia Auto Show. The electric pickup truck is one of just 10 models of electric and plug-in hybrid models that will qualify for the full $7,500 tax credit under President Biden’s new EV rules. They are: Chrysler Pacifica Ford F-150 Lightning pickup Lincoln Aviator Grand Touring Cadillac Lyriq Tesla Model 3 Tesla Model …

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US electric-vehicle tax credits ending for new Toyota buyers
2 years, 8 months ago

US electric-vehicle tax credits ending for new Toyota buyers

Associated Press  

DETROIT — Toyota customers soon won’t be able to get U.S. federal tax credits for buying electric or hybrid vehicles. The automaker expects that sometime before the end of June it will reach a 200,000-vehicle cap on the credits, Bob Carter, Toyota’s head of North American sales, said Wednesday. Tesla, the top seller of electric vehicles in the world, and …

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Electric vehicle sales: Biden’s goal won’t be too hard to reach by 2030
3 years, 4 months ago

Electric vehicle sales: Biden’s goal won’t be too hard to reach by 2030

CNN  

CNN — President Joe Biden announced an agreement Thursday that aims to push the US auto industry to sell more electric vehicles. The goals include a “shared aspiration” that 40% to 50% of vehicles sold in the US will be electric, plug-in hybrids or hydrogen-powered. Battery-powered vehicle sales, including both all-electric and plug-in hybrids, are expected to make up just …

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