EV tax credit score qualification will get murky within the new yr. An excellent greater tariff on Chinese language EVs is being thought of. And the Lexus RZ EV will get a lower-priced base mannequin with extra vary. This and extra, right here at Inexperienced Automobile Studies. 

The 2024 Lexus RZ 300e provides extra driving vary to the one EV within the Toyota luxurious model’s U.S. lineup. With a barely bigger 72.8-kwh battery pack and single-motor front-wheel drive, it may well hit a 266-mile EPA vary ranking—albeit with slower acceleration than the AWD 450e. Lexus has stated it’s going all-electric by 2030.

Necessities for the EV tax credit score are tightening within the new yr, and lots of EVs from Ford and GM will lose eligibility, in line with a report citing each automakers. GM factors out that the adjustments will solely be non permanent, because it shifts sourcing to areas that adjust to the brand new guidelines for EV-component origin. 

And individually, the U.S. is contemplating mountain climbing the 25% tariff on China-made EVs. However will protecting out probably extra inexpensive EVs sluggish the speed of EV adoption?

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