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EV tax credits: Here's every electric car or plug-in hybrid that qualifies

Starting on April 18, the Internal Revenue Service released new guidance for U.S. buyers shopping for a new electric or plug-in hybrid vehicle. On April 18th, the IRS showed only six fully electric vehicles on the qualified list, but a day later Volkswagen confirmed its U.S.-built ID.4 also qualifies. That means right now, seven fully electric vehicles qualify for the full $7,500 EV tax credit, with three more from Chevrolet coming for the 2024 model year (we would expect these 2024 models to roll out slowly and be difficult to find for at least the first few months they are on the market). In addition to those seven fully electric cars, two plug-in hybrids also qualify for the full $7,500 credit. To qualify, a vehicle must be assembled in North America and must meet a strict set of guidelines that cover where battery materials were sourced. If any battery materials come from certain countries (importantly including China), the vehicle's tax credit is automatically cut in half. Further, according to the IRS, the vehicle's manufacturer suggested retail price (MSRP) can't exceed $80,000 for vans, sport utility vehicles and pickup trucks or $55,000 for any other type of vehicle (basically meaning sedans). Electric vehicles that qualify for the full $7,500 EV tax credit: Cadillac Lyriq (2023-2024) Chevrolet Blazer EV (2024) Chevrolet Bolt EV (2023-2024) Chevrolet Bolt EUV (2023-2024) Chevrolet Equinox (2024) Chevrolet Silverado (2024) Ford F-150 Lightning — all models (2022-2023) Tesla Model 3 Performance (2022-2023) Tesla Model Y — all models (2022-2023) Volkswagen ID.4 — U.S.-built models (2022-2023) Plug-in hybrid cars that qualify for the full $7,500 EV tax credit: Chrysler Pacifica PHEV (2022-2023) Lincoln Aviator Grand Touring (2022-2023) A smaller credit is offered on fully electric cars and plug-in hybrids that are assembled in North America but have batteries with materials sourced from unqualified countries (mostly China).

Want to buy a brand-new 1964 Ford Mustang? [w/video]

Even in its current iteration, the Ford Mustang is not without its share of heritage design cues. But if it's a more classic look of the first-gen pony car you're after, combined with modern levels of equipment, Revology just might have the answer. The Orlando-based company makes what you might call "continuation" Mustangs, using replica steel bodies made by Dynacorn and licensed by Ford to give it that classic look, but with modern technology. Under the skin you'll find a 5.0-liter fuel-injected V8 with 265 horsepower and either a five-speed manual or four-speed automatic transmission, but the powertrain is just the start. It's also got a MacPherson strut suspension, disc brakes, power steering and a cabin equipped with such modern accoutrements as power door locks and seats, keyless entry, intermittent wipers, even Bluetooth connectivity. And it's all covered by a one-year, unlimited-milage warranty, plus five-year corrosion protection and three-year powertrain warranty. Of course none of that comes cheap, as a turnkey Revology Mustang will set you back at least $119,500, in the buyer's choice of fastback or convertible body-styles. The first example was unveiled at the Amelia Island Concours d'Elegance this past weekend, with the first customer examples set for delivery next year. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery Revology Mustang View 17 Photos News Source: Revology Cars via Carscoops Ford Convertible Coupe Classics replica continuation revology

Ford Focus ST checks into Jay Leno's Garage

In a change of pace from the high-end vehicles that often appear in Jay Leno's Garage, Ford sends its hottest hatchback (in the US, at least), the 252-horsepower Focus ST, to be featured on Leno's show. Accompanying the five-door hatch is its chief engineer, Jamal Hameedi.
Riding on stylish 18-inch wheels with summer tires and with a spoiler that doubles as a lunch tray, Hameedi and Leno walk us through the finer points of what makes the ST special, which also includes bigger brakes, torque vectoring, a manual transmission and, of course, 252 hp and 270 pound-feet of torque from the 2.0-liter EcoBoost four-cylinder engine, which is made possible by 21 psi of turbocharged boost.
Watch the video below to see what Leno thinks of the global Focus ST.