VW is now the first foreign carmaker to qualify for the full EV $7,500 tax credit
VW has become the first non-US automaker that qualifies for the full $7,500 US federal EV tax credit.
VW ID.4 federal tax credit eligibility
Volkswagen made its announcement of eligibility yesterday, two days after the US Treasury Department announced a list of qualifying EV models that were all made by US companies. VW was late to announce its eligibility because it was awaiting documentation from its battery supplier to send to the Treasury Department. The ID.4 models are now listed on the fueleconomy.gov website as eligible.
All model year 2023 ID.4 models placed in service this year are eligible because they’re manufactured in Chattanooga, Tennessee. VW is also sourcing the ID.4 batteries in the US.
Pablo Di Si, president and CEO of Volkswagen Group of America, said:
The ID.4 is already one of the lowest-priced electric SUVs on the market, and the $7,500 federal tax credit makes it even more attainable. This shows that we made the right decision to localize production of the ID.4 in Tennessee and invest even further in battery production, components, and innovation. Every ID.4 sold supports thousands of American jobs and helps advance our goal of a carbon-neutral future.
The 2023 ID.4 comes in two battery sizes and two powertrains.
The ID.4 Standard model has a starting MSRP of $38,995 that has a 62kWh battery and an EPA-estimated range of 209 miles. The ID.4 Standard is $31,495 after the $7,500 tax credit is applied.
The ID.4 Pro has an 82 kWh battery with an EPA-estimated range of 275 miles. A single permanent magnet synchronous motor powers the rear wheels and provides 201 horsepower.
The ID.4 AWD Pro model adds an asynchronous motor to the front axle, resulting in a bump to a max of 295 horsepower as well as AWD capability, and it has an EPA-estimated range of 255 miles.
Electrek’s Take
I bought a 2023 VW ID.4 AWD Pro late last year, and I really like it. It’s reliable, fun to drive, and it felt solid in the snow. My car qualified for the full $7,500 tax credit. That was a great feeling.
If you decide to buy or lease an ID.4, check to see if you qualify for a state rebate or tax credit, too – I got a generous rebate from my utility, Green Mountain Power in Vermont, for going fully electric.
Remember that if you buy a car that qualifies for the full tax credit, talk to a tax adviser about how to ensure you get that credit. If you owe less than $7,500, then any unused tax credit just disappears – it doesn’t roll over to the next year.
Click here to find a local dealer that may have the VW ID.4 EV in stock. – affiliate link*
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Climate XChange’s 9th Annual EV Raffle is your chance to win the electric car of your dreams – from Rivian to Tesla to Porsche and more!
But don’t wait, because there are only 5,000 tickets available!
Imagine getting to custom order your perfect EV, with every detail just the way you want it, up to $120,000, and with all taxes covered. That’s what the Grand Prize Winner gets to do – and you could be that winner.
How it works
Enter at CarbonRaffle.org/Electrek. Every ticket you buy is one entry to win. Climate XChange is only selling 5,000 tickets, which means your odds are better here than most internet sweepstakes! Plus, you can feel good knowing your ticket supports an amazing cause: pushing for state-level climate action and advancing the transition to a zero-emissions economy.
The prizes
- Grand Prize: Custom-built EV of your choice, valued up to $120,000, with all taxes covered.
- 2nd Place: $12,500 cash.
- 3rd Place: $7,500 cash.
- Early Bird Prize: Buy your ticket before December 31, 2024, and you’ll also be entered to win $10,000 on January 3, 2025.
That’s two drawings for the price of one ticket – and four chances to win big!
Why enter?
Climate XChange has been making dreams come true for nearly a decade. Last year’s winner drove off in a custom red Tesla Model X Plaid, and you could be next! Climate XChange takes fairness seriously: It prints every raffle ticket stub and live-streams the entire drawing process, ensuring transparency. Independent auditors oversee everything, so you know the drawing is legit.
Who is Climate XChange?
Climate XChange (CXC) is a nonpartisan nonprofit working to help states transition to a zero-emissions economy. It advances state climate policy through its State Climate Policy Network, connecting over 15,000 advocates and policymakers, and through its State Climate Policy Dashboard, a leading data platform for tracking climate action across the US.
Get your ticket today
Visit CarbonRaffle.org/Electrek to grab your ticket. Limited tickets are available – remember, Climate XChange is only selling 5,000 tickets – so don’t miss your shot at an electric future!
Climate XChange EV Raffle rules summary
- Must be 18 or older to enter.
- Tickets are available at CarbonRaffle.org/Electrek.
- Only 5,000 tickets will be sold.
- Early Bird Drawing on January 3, 2025.
- Grand Prize Drawing on February 28, 2025.
All proceeds support Climate XChange’s work to push for ambitious climate policy – so even if you don’t win, you’re still making a difference.
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China just connected its largest single-capacity solar farm built on a former coal mining area, which is in the Gobi Desert, to the grid.
The Mengxi Blue Ocean Photovoltaic Power Station, located in Otog Front Banner, Ordos, Inner Mongolia, came online on November 5. With a massive installed capacity of 3 gigawatts (GW) and over 5.9 million solar panels, the plant will generate around 5.7 billion kilowatt-hours of electricity annually – enough to power 2 million households.
This huge project will save about 1.71 million tons of standard coal each year and cut carbon dioxide emissions by roughly 4.7 million tons, which is equivalent to planting 62,700 hectares (around 155,000 acres) of trees.
Built on coal mining subsidence land, Mengxi Blue Ocean is part of China’s national West-East Electricity Transfer Project, which brings investment and development to western China west while supplying the growing need for electricity in the eastern provinces.
The solar farm includes the country’s first large-scale outdoor solar testing base in the Gobi Desert climate, demonstrating the potential for large solar installations in challenging environments.
The power station makes use of new rare earth alloy grounding materials, cutting costs by 40%. It also replaces traditional concrete foundations with steel to minimize impact on the local grassland ecosystem.
Chuang Xihong, deputy director of the Engineering Construction Department of Guodian Power Group, CHN Energy’s parent company, explained that Mengxi Blue Ocean is an agrivoltaic project as well [via PV Tech]:
Fine forage and sand-fixing plants are planted under the PV modules, providing grazing for Australian White Sheep and chickens. A composite ecological development model will be established where PV power generation and breeding will go hand in hand.
Read more: China powers up the world’s largest open-sea offshore solar farm
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