A good 8 pages. Looks like more on the way. (it's the off season) Watered by Andy's obsession with pick up trucks, and the you will take my V8 gas rig when you pry my cold dead hands off of it.
On a more on topic note, The wigs at Nascar have been looking at not only electric hybrid, but hydrogen power. They went to one of the sources, Japan to look at some hydrogen powered choices. One of the benefits of hydrogen is that the current motors being used in Nascar can run hydrogen with a few relatively small changes.
Big oil isn't dumb. They would love to be able to charge what they want, but setting too high prices and squeezing the consumers on the gas side will cause a flood to electric vehicles. They can and are getting away with it with the price of diesel, but EV's are keeping them honest to a certain point on the gas side of things. A $7500 dollar rebate for buying the right make of made in the USA EV OR fuel cell vehicle is a resounding kick in the nads to big oil and a shot in the arm for cleaner air. It isn't for everybody, but it is an alternative to the status quo.
Qualified vehicles
To qualify, a vehicle must:
- Have a battery capacity of at least 7 kilowatt hours
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- Have a gross vehicle weight rating of less than 14,000 pounds
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- Be made by a qualified manufacturer.
- FCVs do not need to be made by a qualified manufacturer to be eligible. See Rev. Proc. 2022-42 for more detailed guidance.
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- Undergo final assembly in North America
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- Meet critical mineral and battery component requirements (as of April 18, 2023).
The sale qualifies only if:
- You buy the vehicle new
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- The seller reports required information to you at the time of sale and to the IRS.
In addition, the vehicle's manufacturer suggested retail price (MSRP) can't exceed:
- $80,000 for vans, sport utility vehicles and pickup trucks
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- $55,000 for other vehicles
MSRP is the retail price of the automobile suggested by the manufacturer, including manufacturer installed options, accessories and trim but excluding destination fees. It isn't necessarily the price you pay.
You can find your vehicle's weight, battery capacity, final assembly location (listed as “final assembly point”) and VIN on the vehicle's window sticker.
Click the button below to see if a vehicle is eligible for the new clean vehicle credit.
You may qualify for a clean vehicle tax credit up to $7,500 if you buy a new, qualified plug-in electric vehicle or fuel cell electric vehicle.
www.irs.gov