đź“ś Updated EV Tax Credit Rules

and Tax Day

Author

John Rooney
April 18, 2023

April 18, 2023

We had a fantastic time volunteering at the Denver Auto Show's EV Ride and Drive Event last week. It's been fascinating to witness the Auto Show's evolution over the years, with the number of EVs increasing from just a few to over 30 this year. It was also wonderful to hear the impressions of first-time EV drivers. If you haven't experienced driving an EV yet, give it a try – you won't be disappointed.

“I'm an optimist in the sense that I believe humans are noble and honorable, and some of them are really smart. I have a very optimistic view of individuals.”

– Steve Jobs

Lucid Pop Quiz

How many vehicles did Lucid produce in Q1 2023?

  1. 1,914

  2. 2,314

  3. 2,514

  4. 2,914

Happy Tax Day?

Today marks the most exciting day of the year - Tax Day! If you buy an EV placed in service from today going forward, you may or may not qualify for a tax credit. These are all of the fully electric vehicles that qualify for up to a $7,500 federal tax credit.

Cadillac

  • LYRIQ

Chevrolet

  • Blazer

  • Bolt

  • Bolt EUV

  • Equinox

  • Silverado

Ford

  • E-Transit

  • F-150 Lightning (Extended Range Battery)

  • F-150 Lightning (Standard Range Battery)

  • Mustang Mach-E (Extended Range Battery)

  • Mustang Mach-E (Standard Range Battery)

Tesla

  • Model 3 Performance

  • Model 3 Standard Range Rear Wheel Drive

  • Model Y All-Wheel Drive

  • Model Y Long Range All-Wheel Drive

  • Model Y Performance

Poll Missed Mark

I missed the mark on the poll last Thursday as 41% picked “other” for a converted EV. Some vehicles in the “other” category included a first-gen Bronco, 72 Chevy ½ ton, VW Bus, and a 1971 Lincoln Continental Mark III. Thanks for all of the comments that were sent in.

If money was no object, which electric truck would you pick?

Click one

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In other EV/AV News

  • Lancia unveils its 10-year brand vision, Lancia Pu+Ra HPE, an electric vehicle offering a range of over 700 km, rapid charging, and a unique home-inspired interior through a collaboration with upscale furniture company Cassina.

  • Introducing the 2024 BMW i7 M70 xDrive, the most powerful electric model in BMW's portfolio.

  • Fort Leonard Wood is partnering with local utility co-op Laclede Electric Cooperative to build and maintain charging stations as they aim to convert over 700 non-tactical vehicles to electric by 2035, with seven completed and 36 more in progress.

  • As the Chinese market increasingly leans towards EVs, automakers are investing billions in EV development. At Auto Shanghai 2023, half of the displayed models were electrified, with Volkswagen, BYD Auto, BMW, Maserati, NIO, Mercedes Benz, Toyota, and Honda showcasing new EVs.

  • Meals on Wheels of San Francisco plans to electrify two-thirds of its fleet with refrigerated Ford eTransit vans by 2027.

  • EV registrations in Salt Lake City increased to 7.2% in January, up from nearly 3% in January 2022, reflecting the growing momentum of the EV transition. Nationwide, EVs made up 7% of new vehicle registrations in January, up from 4.1% the previous year.

  • Xpeng unveiled its in-house developed Smart Electric Platform Architecture (SEPA) 2.0, which aims to reduce development and manufacturing costs for its future models.

  • Chinese startup Allride.ai is developing a system to reduce the cost of autonomous vehicles by moving sensors from inside the car to outside in the environment.

Free Rivian Merch

Don’t forget about our giveaway. We’ll pick a winner at the end of April. The winner gets to pick out any single item on Rivian’s Gear Shop for up to $50. To be entered, all you have to do is:

  1. Make sure you are subscribed to the newsletter

  2. Forward the newsletter to two friends and have them subscribe

Beemer, Benz, and Lancia

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