IRA Incentive Update – Transfer Provision Goes Into Effect in January A Tax Credit Becomes a Point of Sale Rebate The transfer provision of the federal IRA EV incentive is scheduled to go into effect … Read more
Post by Barry Kresch Beware the Disappearing Incentives There are 35 EVs (BEV and PHEV) listed as incentive-eligible by the Federal Department of Energy as of October 1, 2023. It is really fewer than that … Read more
photo credit: Paul Braren/Post: Barry Kresch IRA Went into Effect with Rule-making Still a Work in Progress The most challenging part of the rule-making has to do with the rules around battery minerals. The IRA … Read more
Photo above: Ford expects its Mustang Mach-E to qualify for half the incentive; Chevy expects the same for its Bolt. Battery Rules Issued January 1 came and went. The new federal incentives in the Inflation … Read more
EV Manufacturers/Dealers Offering Consumer EV Leases, Incentives Included This is a follow up to a post from January 5, when we first published about a surprising turn of events with respect to eligibility for the … Read more
Can Leasing Be a Workaround for the IRA EV Incentive Restrictions? Post by Barry Kresch This notion was floated a while back and I dismissed it as a fringe theory. However, it seems to be … Read more
2022 was an action-packed year as you can see below. But we wanted to begin by saying a big Thank You to all of our members and supporters. EV Evangelist Award Club president, Barry Kresch, was given … Read more
Inflation Reduction Act Incentives Officially Begin – But Which Cars Qualify? It is anticipated that consumer confusion will ensue with the advent of the new incentives. Not only have they become a lot more complicated, … Read more
Post by Barry Kresch Summary of Comments Submitted to the IRS for IRA EV Incentive The EV Club has partnered with the Electric Vehicle Association to author comments for the in-process IRS rule-making regarding the … Read more
Post by Barry Kresch Tax Credit for Purchase and Installation of an EV Charger The recently passed Inflation Reduction Act has amended US Code 26, Section 30C to reinstate a tax credit for the purchase … Read more