These 5 plug-in vehicle models would benefit the most from the proposed update to the U.S. Electric Vehicle Tax Credit (graph)
As we recently reported, a big clean tech bill is under consideration by the US Congress that would revive, extend and expand the zero-emission vehicle tax credit in a variety of ways. Our friend Loren McDonald at EVAdoption looked at the details model by model and provided a table showing how much the maximum tax credit would be for each plug-in vehicle in the US market if the bill were enacted exactly as we have it. last seen. he.
Five plugin models – or, buyers of five plugin models – would benefit the most. Due to a sufficiently large, USA-made battery, “union construction” and an MSRP of less than $ 80,000, these five plug-in vehicles would qualify for the largest tax credit: Chevrolet Bolt EV, Chevrolet Bolt EUV, Cadillac LYRIQ, Ford F-150 Lightning and Jeep Wrangler 4xe.
Another level of plug-in hybrids 2 to 3 isn’t far from those – the Ford Escape PHEV ($ 11,843), the Lincoln Corsair PHEV ($ 11,843) and the Lincoln Aviator Grand Touring ($ 11,534 ). Then there are 11 models that fall in the $ 10,000 range.
Consult a table of models and their tax credits (below) if the Clean Energy Act for America comes into law. (Note: This is unlikely to happen as is, given the current state of affairs in Congress – 100% Republicans and two Democrats blocking virtually everything, even things that have around 90% US support. However, it’s alive for now, so let’s go see what happens.)