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The Cars You Should Look at if You Want One of the New Federal EV Tax Credits

New federal tax credits bring Tesla, GM and Toyota back into the fold, but the details are complicated. Here are the few cars that should qualify in the near term. 0:00 EVs That Qualify for a Tax Credit 0:36 Chevrolet Bolt and Bolt EUV 1:52 Ford F-150 Lightning 2:43 Ford Mustang Mach-E 3:28 Nissan Leaf…

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New federal tax credits bring Tesla, GM and Toyota back into the fold, but the details are complicated. Here are the few cars that should qualify in the near term.

0:00 EVs That Qualify for a Tax Credit
0:36 Chevrolet Bolt and Bolt EUV
1:52 Ford F-150 Lightning
2:43 Ford Mustang Mach-E
3:28 Nissan Leaf
4:08 Rivian R1S and R1T
5:03 Tesla Model 3 and Model Y
5:53 Volkswagen ID.4
6:37 Cadillac Lyriq
7:19 Chevrolet Blazer EV
7:49 Chevrolet Silverado EV
8:39 Tesla Cybertruck

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90 Comments

90 Comments

  1. SS S

    October 15, 2022 at 5:15 pm

    I want to know when I can get a Bronco under MSRP, like when is this ADM crap going to end?

    • telegram usπŸ‘‰πŸ‘‰ official_cnet

      October 15, 2022 at 11:47 pm

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  2. Britt Gayle

    October 15, 2022 at 5:22 pm

    He ignored PHEVs

  3. ZoltΓ‘n KΓ‘rpΓ‘t

    October 15, 2022 at 5:22 pm

    Tesla will only ship Quad Motor Cybertrucks in the first year, which is 100K USD easy. It will come with Autopilot Hardware 4 computers and 5 megapixel Sony cameras… no parking sensors.
    It should be on schedule, they already have the Gigapress in the Texas factory, so the production line should be mostly functional by the end of the year 2022. Battery supply is not good, so we should expect production ramp only when they’ll receive 4680 cells from Panasonic too, which Panasonic said will be 2023Q2.

  4. Dan Kelley

    October 15, 2022 at 5:25 pm

    80,000 for a truck, are you even listening to yourself! Crazy town!

  5. Dollar Merch Tree

    October 15, 2022 at 6:25 pm

    I hope Hyundai/Kia and others get this bill amended to include their models. How did supporting GM, Ford, and Tesla, which make a large number of cars outside of the US, benefit American buyers? How did they forget about all the foreign ice auto plants, that employ thousands of Americans today, like it was nothing? It was ok to start the craziness of this bill in 2026 but reducing the number of evs eligible today is stupid. It would have been better to keep the income limits, keep the vehicle price limits, but remove the vehicle cap and set some kind of price increase limits until 2026. Also having the used car credit be 5k on 35k every 3 years, would help more people get into an ev. This way if they do not qualify for the full credit, they can buy used. Just my thoughts.

  6. Matt Coarr

    October 15, 2022 at 6:31 pm

    Biggest thing to note is that if you make more than $150k individual or $300k family, you won’t qualify (presumably adjusted gross income). And if you’re buying an $80k truck, you’re likely to be over that income limit.

    • Nathan Deunk

      October 15, 2022 at 9:52 pm

      I agree; I don’t know HOW someone with $150k income can justify an $80k car. My personal daily driver is a $6,000 2012 Prius w/ 170k, and once or twice a month I drive my $4,000 2002 V6 Ford Explorer w/ 139k.

    • R P

      October 15, 2022 at 10:29 pm

      @Nathan Deunk $8k “15 Fiat 500e electric. I saved my money for other things.

    • R P

      October 15, 2022 at 10:30 pm

      Income is a huge caveat.

  7. kenton terry

    October 15, 2022 at 6:56 pm

    Love this dude

  8. raymund ramas

    October 15, 2022 at 7:32 pm

    How bout the Chevy Equinox EV?

    • message me on telegramπŸ‘‰@CNET3

      October 15, 2022 at 7:45 pm

      Something for youβ˜οΈβ¬†οΈβ¬†οΈ

  9. Krusty

    October 15, 2022 at 8:41 pm

    YIKES!!! Tesla FSD just got REALLY Expensive .. $15K plus the lost tax rebate… ouch!!

    • text us on telegram app πŸ‘‰@cnetofficial01

      October 15, 2022 at 9:52 pm

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    • R P

      October 15, 2022 at 10:55 pm

      Partial full self-driving

  10. Cody Flock

    October 15, 2022 at 8:41 pm

    3:08 why would the Mach E fall under the $80k utility umbrella limit and not the $55k limit for a car like the Leaf?

    • R P

      October 15, 2022 at 10:49 pm

      My brain hurts

  11. Clark Mills

    October 15, 2022 at 9:00 pm

    Rivian recall “just a loose bolt”… that actually supports the front steering suspension. It’s an urgent recall for a reason.

    • text us on telegram app πŸ‘‰@cnetofficial01

      October 15, 2022 at 9:17 pm

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  12. Mbak Tari

    October 15, 2022 at 9:35 pm

    Hoping NISSAN E POWER come to usa.

  13. Akhielesh Srirangam

    October 15, 2022 at 9:45 pm

    really nothing about Fisker ocean?? or other brands??

  14. Kyung Jae Son

    October 15, 2022 at 9:58 pm

    this video is proof that these consumer reports are severely out of touch. my first new off the lot car i bought was a smidge under 20k, the dealership made money, the manufacturer made money. now we’re looking at prices of what 40-50k on average? that’s the real crazy town.

    • text me on telegram app πŸ‘‰@cnetofficial01

      October 15, 2022 at 10:08 pm

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  15. R P

    October 15, 2022 at 10:13 pm

    Wow, a fair and accurate assessment of Chevy Bolts, thank you !
    Giant asterisk, refunds have a income cao !
    EVs aren’t ready yet (I’ve been driving EVS for 4 years).

  16. 2Cartalkers

    October 15, 2022 at 10:34 pm

    Most are too expensive, too old technology-wise or too iffy as far as quality.

  17. Jeremy Runnels

    October 15, 2022 at 11:05 pm

    Which EVs are ALL AMERICAN MADE is all we need to know! Also the Tax Credit should be across the board for all consumers!!!

    • telegram usπŸ‘‰πŸ‘‰ official_cnet

      October 15, 2022 at 11:46 pm

      πŸ”πŸ”πŸ” Congratulations 🎊 you have been selected among my shortlisted winners 🎁🎁
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    • jaymoney522

      October 15, 2022 at 11:59 pm

      Only all american made is Tesla. Ford and GM make in mexico and other places

    • Jeremy Runnels

      October 16, 2022 at 12:30 am

      @jaymoney522 exactly so 1 of the questions I have is why is that?

  18. eldavicho1980

    October 15, 2022 at 11:16 pm

    Informative. Can we get information on which PHEV’s will also get the new federal incentives?

    • telegram usπŸ‘‰πŸ‘‰ official_cnet

      October 15, 2022 at 11:46 pm

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  19. Humberto Garcia

    October 15, 2022 at 11:16 pm

    The only option is a Tesla

    • telegram usπŸ‘‰πŸ‘‰ official_cnet

      October 15, 2022 at 11:46 pm

      πŸ”πŸ”πŸ” Congratulations 🎊 you have been selected among my shortlisted winners 🎁🎁🎁
      Dm to claim prize Congrats 🎊 πŸŽŠπŸ”πŸ‘†

  20. mike demaret

    October 16, 2022 at 12:32 am

    Great video as usual. I have one question. What is that sitting on a table behind you. It looks like an old real to real tape player my dad used to have. It looks electric. What is it?

  21. Mark Clemons

    October 16, 2022 at 12:46 am

    Say… that’s a nice reel to reel in the background.

  22. theRogue Geisha

    October 16, 2022 at 1:06 am

    Not me I am a Ford (American) or a BMW (International) only!

  23. Stephen Winter

    October 16, 2022 at 1:09 am

    Greetings from southern Ontario Canada we are privileged not to be affected by the ev tax credits you poor Americans are worrying about sad 😒 for ya all thanks for the presentation

  24. Preston Warren

    October 16, 2022 at 1:09 am

    Excellent video. Excellent Information.

  25. TV Mohini

    October 16, 2022 at 1:19 am

    I had completely forgotten CNET till I saw Brian Cooley. Now I’m totally hooked to these segments. Snappy, highly informative and frankly entertaining too!!

  26. Colette

    October 16, 2022 at 1:45 am

    So frustrating — they should have phased out other mfgs to allow them time to get ramped up. Brand new EV totaled and couldn’t replace because new tax credit won’t apply.

  27. Colette

    October 16, 2022 at 1:49 am

    Everything I’ve read says we don’t even know yet if the Model Y will qualify because we’re not sure if the Y is going to be classified as an SUV by the government!

  28. Mocheen

    October 16, 2022 at 3:01 am

    You can add fsd to the Tesla after the purchase. It is a software update.

    • Laughing Gravy

      October 16, 2022 at 6:15 am

      Or subscribe to it, when it’s actually ready.

  29. Garrett C.

    October 16, 2022 at 3:26 am

    Spreading misinformation… again.

    Tesla does not sell software called Full Self Driving. It’s called Full Self Driving BETA. It is what it says it is: pre-release software that is incomplete. Everyone is fully informed of its capabilities before purchase.

  30. Golfish

    October 16, 2022 at 3:48 am

    The current ID.4 from Germany is currentlyeligable for the $7500 tax credit

    • Dan Lambesis

      October 16, 2022 at 7:53 pm

      No. The requirement for the vehicle to be built in North America took effect the moment the bill was signed into law in August.

  31. Danny Staten

    October 16, 2022 at 4:25 am

    So does Hyundai qualify in the old if you buy before the end of the year? I’ve been on their list, but was told that it lost all rebates immediately.

    • text us on telegram app πŸ‘‰@cnetofficial01

      October 16, 2022 at 4:13 pm

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  32. Slim Jim

    October 16, 2022 at 5:36 am

    Chevy Bolt at $26000 is unbeatable value.

  33. M M

    October 16, 2022 at 7:02 am

    For the cost, the EV’s should be V2G or V2H. Getting something back for the investment, utility credit, or using to run your home, low electric bills, would help with such expensive transportation.

  34. brainblasta2

    October 16, 2022 at 8:59 am

    Your video titles are too long. Don’t bury the lede. And the different rules between suvs and cars is part of what manipulates sales and is killing the cars. Applies to crash standards, pollution and tax credits. This why we have the hideous Mustang crap.

  35. Justin Thakolkaran

    October 16, 2022 at 12:27 pm

    What about 2023 Lincoln Corsair PHEV?

  36. Marisa L

    October 16, 2022 at 1:05 pm

    I miss cnet on cars with Cooley car reviews ;(

  37. Good 3 Golf

    October 16, 2022 at 3:18 pm

    This is really helpful thanks! I will say, I don’t think it’s fair to say the Cybertruck is so far off and not say the same about the Silverado. Yeah the Cybertruck was delayed but they’re both in the testing phase as of now. Some Silverado trims won’t be available until 2024

  38. Rona Matlow

    October 16, 2022 at 3:28 pm

    DON’T get a Nissan! They are at risk of folding!

    • text us on telegram app πŸ‘‰@cnetofficial01

      October 16, 2022 at 4:12 pm

      Great fan..
      Congratulations you have been selected as a winner πŸŽ‰πŸŽ‰

  39. James Bennett

    October 16, 2022 at 3:51 pm

    And dealer markup is eating 30-100% of the rebate. The subsidy is going directly to the dealer and not the consumer.

    • text us on telegram app πŸ‘‰@cnetofficial01

      October 16, 2022 at 4:09 pm

      Great fan..
      Congratulations you have been selected as a winner πŸŽ–πŸŽ–πŸŽ–πŸŽ–

  40. JT P

    October 16, 2022 at 5:04 pm

    Fisker is coming on November!πŸ€”

  41. dunkhead

    October 16, 2022 at 6:49 pm

    Just to clarify. You could get the FSD after purchasing the car. Why would you not mention that. Why is everyone so anti Tesla.

  42. skyemac8

    October 16, 2022 at 6:55 pm

    Ridiculous and mostly ugly cars. Really adds to the greed dealer.

  43. Dan Lambesis

    October 16, 2022 at 7:56 pm

    Nissan Leaf is not built in North America. It therefore lost its tax credit at the signing of the bill.

    • Text on Telegram cnet_official1

      October 17, 2022 at 7:01 pm

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  44. Arthur paul

    October 16, 2022 at 9:16 pm

    Now with the recent economy, To get Financial FREEDOM you have to be making money while you’re asleep.

    • lrma Bogan

      October 16, 2022 at 10:05 pm

      I just looked him up on google and he’s a licensed broker, I am contacting him right away, thanks.

    • Jack Leonard

      October 16, 2022 at 10:10 pm

      Same i here, i will praise mr Nelson over and over again because he has great skills, i started with $2000 and after 2week i received a returns of $6,000 then i continue with him ever since he has been delivering.

    • Chris Floyd

      October 16, 2022 at 10:14 pm

      Much much money earning profit from Brian Nelson

    • Rogelio Espina

      October 16, 2022 at 10:18 pm

      @peter hall’s I just sent him a message now. With all the recommendations I’ve seen here, I’ll definitely give it a try.

    • MaryLinda

      October 16, 2022 at 10:26 pm

      I’m glad to see Mr. Brian C Nelson mentioned here, my spouse recommended him to Me after investing $4000 and he has really helped us financially in times of COVID -19 lockdown here in Australia πŸ‡¦πŸ‡Ί.

  45. BlueSkunk

    October 16, 2022 at 11:17 pm

    This is the guy I trust for car reviews. Been listening to Brian Cooley’s great voice for years.

  46. Jacky Xiong

    October 16, 2022 at 11:23 pm

    So does this mean I can’t put an order on a Tesla Model Y until Jan 1 or I can’t take delivery until then?

    • Paul Ira

      October 17, 2022 at 12:40 pm

      It seems your purchase/agreement date has to be January 1, 2023.

  47. John Isaac S

    October 17, 2022 at 12:20 am

    Apetra still unknown at this point?

  48. Alonzo Gonzalez

    October 17, 2022 at 2:17 am

    There was a rumor that if you have an existing order and planned to get it delivered this year,you would fall under the old EV tax incentives. Any info on whether this is true?

    • Ezequiel Vega

      October 17, 2022 at 4:54 pm

      If the vehicle qualified under the old tax rules for a credit, this is correct. But the vehicle must be manufactured in North America.

  49. James Hoffman

    October 17, 2022 at 3:59 am

    5:50 You’re not going to lose any sleep for us not getting FSD? Well we did get FSD, and I don’t particularly care about your sleep.

  50. James Hoffman

    October 17, 2022 at 4:04 am

    :7:00 The Cadillac Lyriq and GMC HummerEV will be powered by Ultium(TM), but what does that mean? What’s the difference between Ultium(TM) pouch cells and the pouch cells used in the self-thermalizing battery packs of the Bolt EVs?

  51. Crazy prayingmantis

    October 17, 2022 at 8:44 am

    Contaminating and pumping 500,000 gallons of water per ton of Lithium is an environmental disaster on a global scale.
    Thats what it takes to make the Lithium batteries is these EVs.

    What about recycling the batteries i hear you say.

    The process of recycling the batteries is inefficient and would produce more carbon emissions than making a new battery.
    That should halt the EV market in its tracks.

  52. HereIgoAgain

    October 17, 2022 at 11:50 am

    Pony cars received the AARP cards.

  53. Dave Dee

    October 17, 2022 at 12:17 pm

    With Tesla, FSD is an option that can be purchased later as a software download so it wouldn’t affect the selling price in terms of the tax credit.

  54. xiaoka

    October 17, 2022 at 1:59 pm

    oh my god, did he just suggest someone buy a Nissan Leaf in 2022???? πŸ˜€

  55. TechFollower

    October 17, 2022 at 2:51 pm

    Currently EV is just waste of money

  56. Brian

    October 17, 2022 at 6:14 pm

    Good luck getting an F150 Lightening under $80K with all these markups dealors are doing to it. A 40K Cybertruck won’t see the light of day like a 30K Equinox. Speaking of the Equinox that was left off the list and will contain the new ultium battery. It’s going to interesting to see what that’s priced at.

  57. Anchor

    October 17, 2022 at 6:48 pm

    Rivian doesn’t qualify

  58. Raghu Ram

    October 18, 2022 at 5:55 am

    Thank you Brian, for all your videos. Any reason why you never talk of Fisker Ocean?

  59. AznTakumi

    October 18, 2022 at 6:29 pm

    So the Tesla model 3 rear wheel drive will qualify for the full tax credit starting 2023?

  60. Chris Cavalieri

    October 18, 2022 at 6:38 pm

    GM and LG Chem is not going to age well.

  61. Jay Ski

    October 18, 2022 at 9:19 pm

    c/net used to be my go-to for all things computing back in the 1990’s. I’m glad I’ve found them again for all things EV. But now with many affordable EV choices coming to market, I fear our poor power grid won’t be able to stand the load. In California, we’re already getting Flex Alerts on hot summer days. What’s going to happen if we all plug our EV’s in at the same time? Also due to the drought, we may be losing our ability to produce hydro power. I’ve heard that just a loss of 10 more feet in the level of Lake Mead will force the Hoover Dam off line.

  62. Carl Wilson

    October 18, 2022 at 10:16 pm

    Most of these cars are not readily available. Some others are crap with poor battery choice.

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