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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit (IRC 30D) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). In the Clean Energy Act for America (CEAA) proposed legislation, this per manufacturer threshold would be eliminated and replaced with an industry-wide phaseout based on reaching 50% EV sales share.

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Current-Federal-EV-tax-credit-formula-sample-EVs

Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

The federal EV tax credit has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US. The formula, which is based on the size of an EV’s battery pack, rewards OEMs (and their buying consumers) for using larger batteries with no consideration to efficiency (EPA range/kWh) and price.

Read More
Lexus-LF-Z-EV-concept-cropped

VW Joke, Kia EV6 Details – EV Week in Review: March 23-30

This past week not only had the usual automaker electrification declarations and teases of EVs to come such as the Kia EV6 and Lexus LF-Z concept EV, but we had a huge April Fools’ joke from Volkswagen. In addition DHL adds to its electric delivery van fleet in the US, Jeep announces plans for a Level 2 charging network and solid article was published about the current poor experience facing EV drivers at the various EV charging networks.

Read More

Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit (IRC 30D) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). In the Clean Energy Act for America (CEAA) proposed legislation, this per manufacturer threshold would be eliminated and replaced with an industry-wide phaseout based on reaching 50% EV sales share.

Read More
Current-Federal-EV-tax-credit-formula-sample-EVs

Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

The federal EV tax credit has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US. The formula, which is based on the size of an EV’s battery pack, rewards OEMs (and their buying consumers) for using larger batteries with no consideration to efficiency (EPA range/kWh) and price.

Read More
Lexus-LF-Z-EV-concept-cropped

VW Joke, Kia EV6 Details – EV Week in Review: March 23-30

This past week not only had the usual automaker electrification declarations and teases of EVs to come such as the Kia EV6 and Lexus LF-Z concept EV, but we had a huge April Fools’ joke from Volkswagen. In addition DHL adds to its electric delivery van fleet in the US, Jeep announces plans for a Level 2 charging network and solid article was published about the current poor experience facing EV drivers at the various EV charging networks.

Read More

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