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January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits, continuously shifting what used EVs do and do not qualify. Here’s the latest list.

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A used EV might be the way to go in 2024

Although the $7,500 federal tax credit has been extended for new EV purchases under revised qualifying terms, those current requirements leave a very limited the number of current EVs that qualify.

Many automakers are already pivoting their business strategies to move EV and battery assembly to US soil to once again qualify, but it will take time to establish those facilities and get them up and running.

In the meantime, it might be worth considering a used EV in order to take advantage of the revamped federal tax credit up to $4,000. Here’s how it works.

How the current tax credit works for used EVs

In a perfect world for consumers, any and all used EV purchases would qualify for tax credits from the US government, but that’s unfortunately not the case. As part of revised terms in the Inflation Reduction Act signed by President Biden, federal tax credits have been extended and include revamped benefits for used EV purchases. As long as they fit certain criteria. Per the IRS:

Beginning January 1, 2023, if you buy a qualified previously owned electric vehicle (EV) or fuel cell vehicle (FCV) from a licensed dealer for $25,000 or less, you may be eligible for a previously owned clean vehicle tax credit under Internal Revenue Code Section 25E.

Used EVs no see revised terms that offers a credit equal to 30% percent of the sale price (up to $4,000). That should help consumers like yourselves get some change back in your pocket at the end of the fiscal year. As long as you stick to these terms as outlined by the IRS.

To qualify as a customer, you must:

  • Be an individual who bought the vehicle for use and not for resale
  • Must be an individual (no businesses)
  • Not be the original owner
  • Not be claimed as a dependent on another person’s tax return
  • Not have claimed another used clean vehicle credit in the 3 years before the EV purchase date
  • Modified adjusted gross income must not exceed $75k for individuals, $112,500 for heads of households, and $150k for joint returns

Additionally, in order for used EV to qualify for federal tax credits, it must:

  • Have a sale price of $25,000 or less
  • Have a model year at least 2 years earlier than the calendar year when you buy it
    • For example, a vehicle purchased in 2023 would need a model year of 2021 or older
  • Not have already been transferred after August 16, 2022, to a qualified buyer
  • Have a gross vehicle weight rating of less than 14,000 pounds
  • Be an eligible FCV or plug-in EV with a battery capacity of least 7 kilowatt hours (kWh)
  • Be for use primarily in the United States
  • Purchased from a certified dealer:
    • For qualified used EVs, the dealer reports required information to you at the time of sale and to the IRS
  • A used vehicle qualifies for tax credit only once in its lifetime
Used EV tax credit
A 2020 Nissan LEAF SV Plus. Definitely worthy of used EV tax credits

Here are all the Used EVs that qualify for tax credits

As promised, here is the current list of used EVs that qualify for tax credits in the US, per the IRS, separated by all-electric BEVs and plug-in hybrids (PHEVs).

It’s important to note that this is not the end all, be all list of used EVs that qualify for tax credits in the US. Once again, per the IRS:

Manufacturers of the vehicles listed below have provided appropriate information and have indicated that the vehicles are eligible for the credit provided other requirements are met. 

This is simply the list provided by the government which will be continually updated by both them and us. Additionally, some of these EVs especially are 2021 or 2022 models, and it will be nearly impossible to find them on sale below $25k. If you do somehow luck out, more power to you, because you may qualify for additional savings.

As always, we recommend speaking with a tax professional and EV dealer directly in order to ensure what you and your new vehicle qualify for. Without further adieu, here are the all-electric models that currently qualify:

All-electric models

Make/Model/Year(s) Full Tax Credit
AUDI
e-tron (2019, 2021-2022) $4,000
e-tron Sportback (2020-2022) $4,000
BMW
i3 (with or without range extender) (2014-2021) $4,000
i3 (60Ah) (2017) $4,000
i3s (with or without range extender) (2018-2021) $4,000
i4 Gran Coupe (2022) $4,000
iX xDrive50 (2022) $4,000
CHEVROLET (GM)
Bolt (2017-2021) $4,000
Bolt EV (2022) $4,000
Bolt EUV (2022) $4,000
Spark EV (2014-2016) $4,000
FIAT
500e (2013-2019) $4,000
FORD MOTOR COMPANY
E-Transit (2022) $4,000
F-150 Lightning Standard/Extended Range (2022) $4,000
Focus Electric (2012-2018) $4,000
Mustang Mach-E (2021-2022) $4,000
GENESIS
G80 (2022) $4,000
HYUNDAI
IONIQ 5 (2022) $4,000
Ioniq BEV (2017-2021) $4,000
Kona Electric (2019-2022) $4,000
JAGUAR TBD
KIA
EV6 (2022) $4,000
Niro EV (2019-2022) $4,000
Soul EV (2015-2020) $4,000
LAND ROVER TBD
LUCID MOTORS
Air (all trims) (2022) $4,000
MAZDA TBD
MERCEDES-BENZ
B250e (B-Class) (2014-2017) $4,000
EQB SUV (all trims) (2022) $4,000
EQS Sedan (all trims) (2022) $4,000
MINI
Cooper S E Hardtop (2020-2022) $4,000
MITSUBISHI
i-MiEV (2012-2014, 2016-2017) $4,000
NISSAN
LEAF (all models) (2011-2022) $4,000
POLESTAR
2 (2021-2022) $4,000
PORSCHE
Taycan (all models) (2020-2022) $4,000
RIVIAN
EDV (2022) $4,000
R1T (2022) $4,000
R1S (2022) $4,000
smart
Coupe EV (2013-2018) $4,000
EQ Fortwo Coupe (2019) $4,000
Cabrio EV (2013-2015, 2017-2018) $4,000
EQ Fortwo Cabrio (2019) $4,000
SUBARU TBD
TESLA
Model 3 (2017-2022) $4,000
Model S (2012-2021) $4,000
Model X (2016-2021) $4,000
Model Y (2020-2022) $4,000
Roadster (2009-2011) $4,000
TOYOTA
RAV4 EV (2012-2014) $4,000
VOLKSWAGEN
e-Golf (2015-2019) $4,000
ID.4 (all models) (2021-2022) $4,000
VOLVO
C40 (2022) $4,000
XC40 Recharge (2021-2022) $4,000
Last updated 1/23/2024, most recent changes in bold
Used EV tax credit
The Audi Q5 TFSI e Quattro. Currently qualified for used EV tax credits as a PHEV / Source: Audi

Used plug-in hybrids EVs that qualify for tax credits

Make/Model/Year(s) Full Tax Credit
AUDI
A3 e-tron/ultra (2016-2018) $4,000
A7 55 TFSI e Quattro (2021-2022) $4,000
A8L PHEV (2020) $4,000
A8L 60 TFSI e Quattro (2021) $4,000
Q5 PHEV (2020) $4,000
Q5 55 TFSI e Quattro (2021-2022) $4,000
BENTLEY MOTORS
Bentayga Hybrid SUV (2020-2021) $4,000
BMW
i8 (2014-2017) $4,000
i8 Coupe/Roadster (2019-2020) $4,000
330e (2016-2018, 2021-2022) $4,000
330e xDrive (2021-2022) $4,000
530e/xDrive (2018-2022) $4,000
740e (2017) $4,000
740e xDrive (2018-2021) $4,000
745e xDrive (2020-2022) $4,000
X3 xDrive30e (2020-2021) $4,000
X5 xDrive40e (2016-2018) $4,000
X5 xDrive45e (2021-2022) $4,000
CADILLAC (GM)
ELR (2014-2016) $4,000
CHEVROLET (GM)
Volt (2011-2019) $4,000
CHRYSLER TBD
FORD MOTOR COMPANY
C-Max Energi (2013-2017) $4,000
Escape Plug-In Hybrid (2020-2022) $4,000
Fusion Energi (2013-2020) $4,000
HONDA
Clarity Plug-in Hybrid (2018-2021) $4,000
HYUNDAI
Ioniq PHEV (2018-2022) $4,000
Santa Fe PHEV (2022) $4,000
Sonata PHEV (2016-2019) $4,000
Tucson PHEV (2022) $4,000
JAGUAR TBD
JEEP
Grand Cherokee 4xe (2022) $4,000
Wrangler 4xe (2021-2022) $4,000
KIA
Niro PHEV (2018-2022) $4,000
Optima PHEV (2017-2020) $4,000
Sorento PHEV (2022) $4,000
LAND ROVER TBD
LEXUS
NX PHEV (2022) $4,000
LINCOLN
Aviator Grand Touring (2020-2022) $4,000
Corsair Grand Touring (2021-2022) $4,000
MAZDA TBD
MERCEDES-BENZ
S550e PHEV (2015-2017) $4,000
S560e EQ PHEV (2020) $4,000
GLC350e 4M (2018-2020) $4,000
GLE550e 4M (2016-2018) $4,000
MINI
Cooper S E Countryman ALL4 (2018-2022) $4,000
MITSUBISHI TBD
Outlander PHEV (2018-2022) $4,000
POLESTAR
1 (2020-2021) $4,000
PORSCHE
Cayenne E-Hybrid (all models) (2015-2022) $4,000
Panamera E-Hybrid (all models) (2014-2016, 2018-2022) $4,000
SUBARU
Crosstrek Plug-In Hybrid (2019-2022) $4,000
TOYOTA
Prius Prime PHEV (2017-2022) $4,000
RAV4 Prime PHEV (2021-2022) $4,000
VOLKSWAGEN TBD
VOLVO
S60 (2019-2022) $4,000
S90 (2018-2022) $4,000
V60 (2020-2022) $4,000
XC60 (2018-2022) $4,000
XC90 (2016-2022) $4,000
Last updated 1/23/2024, most recent changes in bold

Other resources for EV tax credits

While tax credits for used EVs are newly revamped and may be the way to go for you personally, there are plenty of other options to get money back from Uncle Sam at the end of the fiscal year.

For instance, revised terms outlined in the Inflation Reduction Act went into affect January 1, 2023 and enable the extension of federal tax credits for new EV purchases through the next decade, while once again allowing EVs from American automakers like Tesla and GM to once again qualify.

That being said, the capitol is still trying to settle a lot of these terms to determine what vehicles qualify, so things are a bit cloudy at the moment, but you may be able to take advantage of tax credits before battery assembly requirements kick in later this year.

Learn more about federal tax credits for new EV purchases here.

Whether it’s a new or used EV purchase that ends up being right for you, you may still be able to take advantage of additional perks at the state level, depending where you live. Credits, exemptions, and other benefits could be available for an EV purchase, lease, or for relevant equipment like home charger installation.

You can check out what EV-centric benefits may be available to you, sorted by state, here.

We’d like to reiterate once last time that we recommend doing your own research and speaking with a tax professional and EV dealer directly in order to ensure exactly what you and your vehicle purchase qualify for.

Good luck in EV your search!

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ABB is bringing its new, 1.2 MW modular truck chargers to ACT Expo

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ABB is bringing its new, 1.2 MW modular truck chargers to ACT Expo

Capable of delivering up to 1,200 kW of power to get electric commercial trucks back on the road in minutes, the new ABB MCS1200 Megawatt Charging System is part of an ecosystem of electric vehicle supply equipment (EVSE) that ABB’s bringing to this year’s ACT Expo.

ABB E-mobility is using the annual clean trucking conference to showcase the expansion of its EVSE portfolio with three all-new charger families: the field-upgradable A200/300 All-in-One chargers, the MCS1200 Megawatt Charging System for heavy-duty vehicles shown (above), and the ChargeDock Dispenser for flexible depot charging.

The company said its new product platform was built by applying a computer system-style domain separation to charger design, fundamentally improving subsystem development and creating a clear path forward for site and system expansion. In other words, ABB is selling a system with both future-proofing and enhanced dependability baked in.

“We have built a system by logically separating a charger into four distinct subsystems … each functioning as an independent subsystem,” explains Michael Halbherr, CEO of ABB E-mobility. “Unlike conventional chargers, where a user interface failure can disable the entire system, our architecture ensures charging continues even if the screen or payment system encounters issues. Moreover, we can improve each subsystem at its own pace without having to change the entire system.”

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The parts of ABB’s new EVSE portfolio that have been made public so far have already been recognized for design excellence, with the A400 winning the iF Gold Award and both the A400 and C50 receiving Red Dot Design Awards.

New ABB chargers seem pretty, good

ABB’s good-looking family; via ABB.

ABB says the systemic separation of its EVSE enhances both reliability and quality, while making deployed chargers easier to diagnose and repair, in less time. Each of the chargers’ subsystems can be tested, diagnosed, and replaced independently, allowing for quick on-site repairs and update cycles tailored to the speed of each systems’ innovation. The result is 99% uptime and a more future-proof product.

“The EV charging landscape is evolving beyond point products for specific use cases,” continued Halbherr. “By implementing this modular approach with the majority of our R&D focused on modular platforms rather than one-off products … it reduces supply chain risks, while accelerating development cycles and enabling deeper collaboration with critical suppliers.”

Key markets ABB is chasing

HVC 360 Charge Dock Dispenser depot deployment; via ABB.
  • PUBLIC CHARGING – with the award winning A400 being the optimal fit for high power charging from highway corridors to urban locations, the latest additions to the A-Series All-in-One chargers offer a field-upgradable architecture allowing operators to start with the A200 (200kW) with the option to upgrade to 300kW or 400kW as demand grows. This approach offers scalability and protects customer investment, leading to Total Cost of Ownership (TCO) savings over 10 years.
  • PUBLIC TRANSIT AND FLEET – the new Charge Dock Dispenser – in combination with the already in market available HVC 360 – simplifies depot charging with a versatile solution that supports pantograph-, roof-, and pedestal charging options with up to 360kW of shared power and 150m/490 ft installation flexibility between cabinet and dispensers. The dispenser maintains up to 500A output.
  • HEAVY TRUCKS – building the matching charging infrastructure for commercial vehicles and fleets represents a critical innovation frontier on our journey to electrify transportation. Following extensive collaboration with industry-leading truck OEMs, the MCS1200 Megawatt Charging System delivers up to 1,200kW of continuous power — 20% more energy transfer than 1MW systems — providing heavy-duty vehicles with purpose-built single-outlet design for the energy they need during mandatory driver breaks. To support other use cases, such as CCS truck charging, a dual CCS and MCS option will also be available.
  • RETAIL – the award winning C50 Compact Charger complements the family as the slimmest charger in its category at just 9.3 inches depth, optimized for convenient charging during typical one-hour retail experiences. With its large touch display, the C50 takes the award-winning A400 experience even further — setting a new standard for consumer experience and very neatly echoing our own take on that “Goldilocks” timing zone for commercial charging.

ABB says that the result of its new approach are chargers that offer 99% plus uptime — a crucial statistic for commercial charging operations and a key factor to ensuring customer satisfaction. The new ABB E-mobility EVSE product family will be on display for the first time at the Advanced Clean Transportation Expo (ACT Expo) in Anaheim, California next week, then again at Power2Drive in Munich, Germany, from May 7-9.

Electrek’s Take

BEV trucks and buses at ACT Expo in Long Beach; image by the author.
ACT Expo test drives; by the author.

The ACT Expo is one of – if not the most important sustainable trucking event in North America, featuring all the big names in heavy trucks, construction equipment, material handling, infrastructure – even Tier 1 suppliers. Mostly, though, it’s many fleet buyers’ only chance to test drive these zero emission trucks before writing a big PO (which just makes it even more important).

Electrek will be there again this year, and we’ll be bringing you all the latest news from press events and product reveals as it happens.

SOURCE | IMAGES: ABB E-mobility.


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Whisper Aero ultralight aircraft scores $500K for “UltraQuiet” electric jet motor tests

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Whisper Aero ultralight aircraft scores 0K for

Along with Tennessee Tech, Tennessee-based ultralight aircraft company Whisper Aero has secured a $500,000 grant to help advance the company’s innovative electric jet motor concept off the drawing board and onto the testing phase.

Earlier this month, the Tennessee Department of Economic and Community Development (TNECD) announced plans to award $500,000 to Tennessee Tech and Whisper Aero through the Transportation Network Growth Opportunity (TNGO) initiative.

“We look forward to using these award dollars to place students in internships working directly with Whisper Aero leaders,” said Tennessee Tech President Phil Oldham. “By learning from an electric propulsion innovator like Whisper Aero, our students will gain invaluable perspective and can take what they have learned in the classroom and apply it right here in Tennessee.”

The grant will see a Whisper Aero glider fitted with a pair of the company’s eQ250 electric-powered jet “propulsors” for UltraQuiet flight. Tennessee Tech faculty and students will carry out copper-bird ground testing to ensure the safe integration of engines, batteries, and controllers, and kickstart Tennessee Tech’s new Crossville Mobility Incubator.

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Those propulsors, by the way, are super cool.

UnltraQuiet WhisperDrive; via Whisper Aero.

Whisper Aero’s main claim to fame is its innovative UltraQuiet WhisperDrive (above). It’s effectively an electrically spun ducted fan jet engine that uses a large number of stiff composite fan blades inside a lightweight, acoustically treated duct. With so many blades, the Whisper Aero propulsor can push more air than a conventional prop while spinning much more slowly. As such, the “blade passage frequency” moves up to more than 16,000 Hz – outside the range of most human hearing but not, supposedly, high enough to freak out the beagles.

The Whisper Aero ultralight is effectively an Aériane Swift3 glider fitted with a pair of Whisper’s eQ250 propulsors, each capable of up to 80 lbs. of thrust. The Ultralight has a wingspan of over 40 ft with a maximum L/D of 35:1 and can be stressed to a design loading of +6/-4g, making it capable of some pretty impressive acrobatic feats.

The Swift3 glider is designed for a low speed, low power cruising speed of 45–55 knots with “just” 6.5 hp. Power-off glides from a few hundred feet showed a low sink rate, and a climb rate of 1,250 ft/min with full self-launching power (in other words: the Whisper glider doesn’t have to be towed by a launch vehicle, like a conventional ultralight glider).

Quiet cool

Dual WhisperDrive fans deliver ~160 lbf of thrust; via Whisper Aero.

Range under full power is about 109 miles with current battery tech, but it’s expected that range under the latest EPiC 2.0 energy batteries would rise to nearly 170 miles.

Nathan Millecam, CEO of Electric Power System, said, “EPiC 2.0’s leap in energy density and thermal performance has enabled a significant increase in range, a clear validation of our next-gen cell technology. We are impressed by what the Whisper team continues to achieve in advancing electric aviation.”

The press release concludes explaining that flight tests are expected to show that the Whisper Aero glider can be flown, “a few hundred feet away from neighborhoods without any disturbances, while carrying a 220 lbs. payload with full range,” which is all kind of ominous in today’s political climate, but still pretty neat from a purely tech perspective.

The TNGO grant follows a separate grant from NASA awarded last year, though that grant aims to develop the eQ250s – not as a propulsion system, but as a key component in future spacecraft ventilation systems.

Tennessee Tech announces TNGO grant

With support from TNECD’s Transportation Network Growth Opportunity (TNGO) initiative, Tennessee Tech University and Whisper Aero are partnering to advance next-generation propulsion technology in the aerospace industry. This collaboration will enhance aerospace research and workforce development, ensuring Tennessee remains a leader in cutting-edge mobility solutions.

TNECD

SOURCE | IMAGES: TNECD; via eVTOL Insights, New Atlas.


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Tesla Cybertruck owner gets stuck after beliving Elon Musk’s ‘river crossing’ claim

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Tesla Cybertruck owner gets stuck after beliving Elon Musk's 'river crossing' claim

A Tesla Cybertruck owner believed Elon Musk’s claims that the Cybertruck would be able to “act as a boat” and “cross rivers”, and he got his $100,000 stuck because of it.

Elon Musk has often made claims about how Tesla vehicles could float and briefly serve as a boat in the past.

We have never been taken too seriously because Tesla’s warranty states something different about taking the vehicle into water.

However, the CEO doubled down on the claim specifically for the Cybertruck.

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Ahead of launching the production version of the Cybertruck, Musk claimed the vehicle would be “waterproof enough” to serve as a boat and cross rivers:

Cybertruck will be waterproof enough to serve briefly as a boat, so it can cross rivers, lakes and even seas that aren’t too choppy.

The CEO added that the goal is for a Cybertruck to be able to cross the water between SpaceX’s Starbase and South Padre Island in Texas, which is about 360 meters (1,100 feet).

We have been taking the Cybertruck more seriously with water because we learned that Tesla built a ‘wade mode’ for the truck to be able to go into the water. Tesla says the mode increases the ride height to the max and temporarily “pressurizes the battery pack.”

The problem is that it is activated through the off-roading mode, which is not covered under Tesla’s warranty – so we are taking everything with a grain of salt.

Whenever Tesla’s warranty contradicts what Musk says, it is better to follow to the warranty.

A Tesla Cybertruck owner in Truckee, California, appears not to have received this sage advice since they activated the wade mode and attempted to get into the water.

The Cybertruck owner quickly got stuck. The local California Highway Patrol (CHP) shared some pictures of the aftermath (via Facebook):

CHP Truckee helped with the recovery and commented on the incident:

Cybertruck activated “Wade Mode”… and waded a bit too far… We’re all for testing boundaries… but maybe not the waterline. Remember folks, “Wade Mode” isn’t “Submarine Mode.” If your plans include exploring the great outdoors, make sure to know your limits and the terrain.

There’s no detail on the damage to the Cybertruck, if any.

As we recently reported, repair costs for the stainless steel electric pickup truck can increase rapidly.

This Cybertruck owner is also not the first one to get stuck in water. We previously reported on a Tesla Cybertruck sinking into the water when launching a jet ski.

Electrek’s Take

At the risk of stating the obvious, this is clearly more of a user error than a Cybertruck problem.

I think the verdict is clear: Cybertruck is far from the best electric pickup truck for off-roading.

However, in general, you shouldn’t expect a truck to get out of water on a muddy bank.

I think a lot of Cybertruck owners are new to trucking and off-roading, and they are making the truck look worse than it is at off-roading.

If you want to take your Cybertruck off-road, I recommend to first go with an off-roading guide that can help avoid some simple mistakes like this.

Also, in general, don’t take Elon Musk’s claims at face value when he says that Tesla vehicles can do something that sounds like an exaggeration. It probably is an exaggeration.

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