Category: eV

Treasury lifts EV tax credit confusion over SUV price cap

2023 Tesla Model Y  -  Courtesy of Tesla, Inc.The U.S. Treasury Department on Friday announced an update on how vehicles will qualify as a car or an SUV under the revamped EV tax credit, now known as the clean vehicle tax credit. For EV shoppers it’s good news, as it will clear up a confusing and seemingly arbitrary dividing line in which some versions of certain models—like the...

Home EV Charging Station Cost

The market for EV home chargers has grown rapidly over the last several years, prompted by the growth of the EV market itself. The electric vehicle market has grown from 1.8% of the market in 2019 to now over 6% of the market, and the tax credits made available for both new and used EVs […]