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Here are all the used EVs that qualify for the new $4,000 tax credit

Used EV tax credit

January 1, 2023 marked the dawn of another year for the world, but in the realm of EVs, more specifically purchases made by US consumers, the date kicked off a fresh start of new tax credits for vehicles both new and used. While much of the dust is still settling on the Capitol as it works to implement new qualifying terms for tax credits, we do have some information about what used EVs will and will not qualify. Here’s what we know so far.

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Here’s why Joe Manchin’s new bill that would disqualify most EVs from tax credits is ridiculous

EV tax credit bill

In short, Joe Manchin opposes EV adoption. Straight up. In his latest obstruction against electric vehicles and limiting carbon emissions, the Democratic Senator representing the nation’s second-largest supplier of coal has introduced a new bill that immediately calls for strict enforcement of revised terms for EV tax credits laid out in last year’s Inflation Reduction Act – many of which Manchin wrote himself. We won’t disagree that the government needs guidance to enable these credits, but the senator’s bill is as promising as a future in which we continue relying on fossil fuels.

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Sen. Manchin, whose state was built by unions, joins Toyota to oppose union-made EV credit

Joe Manchin

West Virginia Senator Joe Manchin – whose state’s banner industry, coal mining, has been largely unionized and been central to the US labor movement since soon after its inception – today called the proposed $4,500 union-made EV tax credit “wrong” and “not American.”

The $4,500 union-made EV credit is a portion of the proposed $12,500 federal EV tax credit, part of the pending Build Back Better act, which updates and expands on the current $7,500 federal EV tax credit available to EV purchasers.

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Electric vehicle tax credit is reportedly safe in final US tax bill

Earlier this month, the U.S. Senate passed its version of the Republican tax bill, which didn’t include the proposed language that would have removed the federal tax credit for electric vehicles.

Now the bill is being reconciled with the House bill, which reportedly still included the removal of the EV credit, but some Republicans are reportedly leaking that they will side with the Senate bill on the issue, along with keeping the incentive for wind power. Expand
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Tesla’s new Model 3 production plan will optimize access to the federal tax credit

tesla model 3

Tesla announced a new Build Plan for the Model 3 this week. According to Tesla CEO Elon Musk, it could result in the company manufacturing as many as 100,000 to 200,000 Model 3 vehicles during the second half of 2017, and around 500,000 cars in 2018 (Model 3, S and X). It’s a direct response to the storm of Model 3 reservations, now over 400,000, that Tesla received since unveiling the vehicle just over a month ago.

The ambitious plan would not only result in reservation holders getting the car sooner, but also in more (a lot more) American reservation holders having access to the $7,500 federal tax credit for electric vehicles. Expand
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