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As of the start of the year, the implementation of new rules by the Department of Energy (DOE) means only 13 vehicles qualify for federal tax credits for electric vehicles made in North America.
For plug-in hybrids specifically, the number of vehicles eligible for the purchase incentive is a mere seven (compared to 15 battery-electrics). There's a workaround: any PHEV qualifies if it's ...
The federal government offers incentives to encourage the purchase of electric vehicles. An EV tax credit is money you get back from the government after purchasing a qualifying vehicle, but is it...
The U.S. Energy Policy Act of 2005 established a federal income tax credit of up to $3,400 for the purchase of new hybrid vehicles, purchased or placed into service after December 31, 2005. [ 1][ 2] Vehicles purchased after December 31, 2010 are not eligible for this credit. [ 1][ 2] The law limited the tax credits to the first 60,000 eligible ...
Plug-in electric car sales in the U.S. totaled 157,181 units, consisting of 84,246 all-electric cars and 72,935 plug-in hybrids. The plug-in car segment achieved a market share of 0.90% of new car sales. December sales totaled 23,288 units with a market share of 1.39%.
A total of 434,498 hybrid electric vehicles were sold during 2012. Ford sold 32,543 hybrids in the U.S. during 2012, including 14,100 Ford Fusion Hybrids, 10,935 C-Max Hybrids, 6,067 Lincoln MKZ Hybrids, and 1,441 Ford Escape Hybrids. ^ a b c Cobb, Jeff (2016-05-04). "April 2016 Dashboard".
2017-2022 model pricing: $18,000-$32,000. CHEVROLET VOLT. Unlike the other models on the list, the Volt is only available as a plug-in hybrid. Both generations of the Volt, which ran from 2011 to ...
A hybrid electric vehicle ( HEV) is a type of hybrid vehicle that combines a conventional internal combustion engine (ICE) system with an electric propulsion system ( hybrid vehicle drivetrain ). The presence of the electric powertrain is intended to achieve either better fuel economy than a conventional vehicle or better performance.