One of the biggest advantages to the certified pre-owned Volts is its all-electric range with a gasoline motor backup. So when the battery life dwindles, the gas-powered motor switches on, enabling drivers to travel further. Even though the Chevy Volt was discontinued for , with models still available, the tax credit can still apply up to March 31, , making this electric car a purchase advantage.
And you can always read up on the latest news about the EV revolution and how the recent shift to electric driving is impacting car manufacturing and production.
New Cars. Buyer's Guide. Type keyword s to search. Today's Top Stories. Portland Press Herald Getty Images. For electric vehicles to be certified for the tax credit through the manufacturer, each vehicle needs to meet these requirements: The vehicle must be considered a motor vehicle for the purposes of Title II of the Clean Air Act Gross Vehicle Weight Rating GVWR must not be greater than 14, pounds The vehicle has to be used mainly in the U.
For vehicles purchased in or later, this credit can be used toward the alternative minimum tax AMT. If the qualifying vehicle is purchased for business use, the credit for the business use of an electric vehicle is reported on Form , General Business Credit. The information on this page should not be viewed as an official or legally binding document. Other requirements or exceptions may apply. Department of Energy and the U.
Environmental Protection Agency. DOE and the U. Toggle navigation. Selling your car? We can help you advertise its mpg. Vehicles produce about half of the greenhouse gases from a typical U.
PHEVs may be powered exclusively by electric motors in battery packs, which are considerably smaller than BEV battery packs, but are also supported by a secondary drive option. Some models feature a gasoline-powered engine, whereas other models feature a gasoline-powered generator that powers the drained battery the latter style is sometimes referred to as an extended range electric vehicle. Electric vehicles EVs can be extended range EVs, plug-in hybrid electric vehicles, or battery electric vehicles.
PEVs charge by plugging into one of three types of charging stations :. New models have been gradually introduced, though sometimes with limited availability outside California and the Northeast. PEV sales initially grew rapidly, but began to flatten after oil prices began dropping in mid, with year-over-year sales remaining about constant through The flattening of the PEV adoption curve mimicked the market for fuel-efficient cars overall during times of low oil prices.
The PEV market has started to grow again and shows potential to rapidly expand. Year-over-year sales in the first half of are 50 percent higher than sales in , and the PEV share of new vehicle sales exceeds 1 percent. Bloomberg New Energy Finance and Morgan Stanley both predict that new global PEV sales will outnumber traditionally fueled vehicle sales by , if not sooner.
Reasons for the optimistic outlook include large-scale automaker commitments to PEV manufacturing, governments announcing plans to ban gasoline- and diesel-powered cars, and expectations for lower costs and better performance of PEV batteries. Transportation is the largest single source of U. By using efficient electric motors and plugging into a grid using more renewables, PEVs can significantly reduce greenhouse gas emissions. According to an analysis by the Union of Concerned Scientists , the average PEV produces greenhouse gas emissions equivalent to a gasoline-powered car that get more than 70 miles per gallon.
The average new car in the United States achieves Electrified transportation is expanding beyond light-duty vehicles. Heavy-duty truck engine manufacturer Cummins and PEV manufacturing leader Tesla have developed electric drivetrains for tractor trucks. Thousands of BEV transit buses have been deployed around the world. Other heavy-duty PEVs are being tested and developed, from school buses to port and mining equipment.
Electrification also benefits local populations by reducing tailpipe emissions criteria air pollutants produced by gasoline- and diesel-powered engines that can harm the heart and lung health of people living near roads. The electricity that powers PEVs is produced domestically and is inexpensive when compared to gasoline and diesel.
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