In this article, I’m attempting to present an optimistic view of the US auto market after the passage of the bill that ends electric vehicle (EV) tax credits on September 30th. That ended up being pretty hard to do, since there is a lot in the bill (and other actions) … [continued]
As noted earlier today, Republicans in Congress decided to end all EV tax credits on September 30, 2025. That includes the $4,000 tax credit for used electric cars. In theory, when you buy a used electric car, it’s effectively $4,000 cheaper due to the tax credit. The argument some people … [continued]
Two weeks ago, I wrote that the Republican plan to cut electric vehicle incentives may lead to a huge surge in EV sales through the end of the year, but that was based on the plans that had been proposed in the early stages of the bill. As it turns … [continued]
Democrats and President Joe Biden revived the US EV tax credit for some companies, like Tesla, and expanded it to include coverage for things not covered before — like used electric cars. One change in particular, though, was especially useful. A loophole was included (accidentally, from background info I’ve been … [continued]
Trump is likely to kill the federal tax credit for electric vehicles, but automakers like GM are determined to go down swinging.
There’s a full assault on cleantech going on in the White House again. It’s ironic, or crazy, or scary that this is the case even as the shadow president is the wealthiest person in the world mostly because of his cleantech company…. Apparently, Elon Musk thinks he’s getting more out … [continued]
At the moment, the US Department of Energy (DOE) and Environmental Protection Agency (EPA) indicate that the following fully electric vehicles are eligible for the $7,500 US ZEV tax credit: Acura ZDX Cadillac LYRIQ Cadillac OPTIQ Chevrolet Blazer EV Chevrolet Equinox EV Chevrolet Silverado EV Ford F-150 Lightning Honda Prologue … [continued]
During the 2024 US presidential campaign, Donald Trump repeatedly attacked electric vehicles and Joe Biden’s EV policies, including the US EV tax credit (which was first passed under George W. Bush, but which was updated and strengthened under Joe Biden — and which revived tax credits for Tesla under Biden). … [continued]
With the rules on the $7,500 US EV tax credit getting updated at the turn of the year, the list of electric vehicles that now qualify for the US EV tax credit has changed as well. It’s widely expected that Republicans in Congress and Donald Trump will kill the US … [continued]
News has broken in the last couple of days that the Tesla Cybertruck is now eligible for the $7,500 US EV tax credit. A very big BREAKING NEWS to now share! The Cybertruck now qualifies for the $7500 IRA credit as of today, January 1st 2025!https://t.co/qW09N2Qxwy pic.twitter.com/LQFpnuFFn2 — Greggertruck (@greggertruck) … [continued]
