Kia’s three-row electric SUV, the EV9, is back for 2026 with smaller up-front rebates, but thanks to the federal EV tax credit, you could still come out ahead.
While Washington continues to threaten America’s economic security and position as a global technology leader by toying with the idea of killing the $7,500 Federal EV tax credit, the ENERGY STAR program, and other energy efficiency incentives, the private energy sector is stepping up with massive investments in battery storage, charging infrastructure, and commercial EV rebates – and helping fleet buyers navigate those new incentives is becoming part of the broader business plan.
The Hyundai IONIQ 5 got a raft of upgrades and sporty, rally-focused XRT trim level for 2025 – but the biggest upgrade for the Made in America Hyundai might be this: the 5 has regained eligibility for the full $7,500 federal EV tax credit!
Cynics will point at big rebates and claim they mean the vehicle isn’t selling, but that just exposes them for the industry noobs that they are. A rebate is a powerful financial tool that helps dealers overcome obstacles like negative equity, poor credit, and down payment requirements and get you to drive home in the car of your dreams today.
No matter how badly a fleet wants to electrify their operations and take advantage of reduced fuel costs and TCO, the fact remains that there are substantial up-front obstacles to commercial EV adoption … or are there? We’ve got fleet financing expert Guy O’Brien here to help walk us through it on today’s fiscally responsible episode of Quick Charge!
Illinois utility ComEd kicked off the Chicago Drives Electric event with a $90 million bang, featuring a new Point of Purchase initiative to deliver instant discounts to qualifying business and public sector customers who make the switch to electric vehicles.
On today’s Quick Charge, it’s a tale of two CEOs – one getting a $56 billion payday while the other one pulls the plug on his namesake company for the third time. Also: the Honda Ridgeline is the most American pickup you can buy, Jeep’s new EV is already getting a price cut, Hyundai’s building IONIQ 5s in Georgia, eVTOLs, and all the federal EV incentives you can get.
California has added a new $2,000 incentive for low- and moderate-income EV buyers, bringing the total state incentives to $9,500.
On top of the federal $7,500 EV tax credit and potential local or regional credits, this means some new EV buyers can get $17,000 or more back on the purchase of a new EV.
National Grid, a utility that serves more than 20 million people in New York, Massachusetts, and Rhode Island, is expanding its Off-Peak Charging Rebate Program in Massachusetts that it runs with ev.energy, a certified B corporation and global provider of managed EV charging software.
US President Joe Biden has spent weeks battling opposition to his sweeping Build Back Better spending bill from Just Say No Republicans, and even some self-promoting sellouts in his own party. Now he’s also getting blowback to proposed rebates on US- and union-built EVs from foreign ambassadors and several domestic automakers.
Arizona utility Salt River Project (SRP) really wants its customers to drive electric cars, so it’s now offering any customer who buys an EV a $1,000 rebate in a pilot program.
As the Conservative party is officially talking over the Ontario government, they announced that they are officially shutting down the province’s generous electric vehicle rebate program effective immediately.
The move comes after Tesla’s ramp-up of Model 3 deliveries in the province have blown up the program, but many reservation holders will not have access to it. Expand Expanding Close