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By the end of 2019 the stock of light-duty plug-in vehicles totaled 7.55 million units, consisting of 4.79 million all-electric cars, 2.38 million plug-in hybrid cars, and 377,970 electric light commercial vehicles. Plug-in passenger cars still represented less than 1% of the world's car fleet in use. [21]
Remember, any plug-in hybrid, including those from Hyundai, Kia, ... Eligible vehicles must have MSRPs below $55,000 for passenger cars and $80,000 for light-duty trucks, a category that includes ...
In addition, other tax incentives for electric vehicles were introduced. In November 2020 the government decided to keep the innovation bonus until the end of 2025, but for plug-in hybrid cars to be eligible they must have a minimum electric range of 60 km (37 mi) from 2022 and at least 80 km (50 mi) from 2025. [108]
Both the Nissan Leaf electric vehicle and the Chevrolet Volt plug-in hybrid, launched in December 2010, are eligible for the maximum $7,500 tax credit. The Toyota Prius Plug-in Hybrid, released in January 2012, is eligible for a $2,500 tax credit due to its smaller battery capacity of 5.2 kWh.
Federal tax credits for plug-in electric vehicles and fuel cell electric vehicles purchased in 2023 or after may be eligible for a federal income tax credit of up to $7,500 for new vehicles and up ...
The plug-in hybrid is theoretically an ideal powertrain, combining the smoothness and efficiency of an electric vehicle with the easy long-range capability of an internal-combustion car. After ...
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