• IRS: You can still buy an EV or PHEV in 2022 and claim tax credit-only if it's American-made

    1 month ago - By High Gear Media

    The revamped EV tax credit that was ushered in Tuesday when President Biden signed the Inflation Reduction Act, dramatically and immediately cuts the number of eligible EV and plug-in hybrid models. It also leaves a lot of room for interpretation on whether buyers for the rest of the 2022 calendar year might be able to claim it at all. But with...
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  • 2023 Kia Sportage Plug-In Hybrid priced just under $40,000, goes 34 electric miles

    2023 Kia Sportage Plug-In Hybrid priced just under $40,000, goes 34 electric miles

    1 month ago - By High Gear Media

    Pricing for the Kia Sportage Plug-in Hybrid has been released-just in the nick of time for buyers of this model to no longer qualify for the federal EV tax credit. The 2023 Kia Sportage PHEV will start at $39,785, including a destination charge of $1,295. That's for the X-Line AWD; the top-trim X-Line Prestige costs $44,285. Kia...
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