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The EV Tax Credit is Changing to Incentivize Buying Cheaper Electric Cars
Biden recently signed the Inflation Reduction Act, and along with the sections dedicated to fighting climate change, reducing healthcare costs, and increasing taxes on corporations, there are some add-ons to the EV tax credit. Namely that it will be impossible to get the full 7,500-dollars.
In this video I tell you what changes to the EV tax credit were made, who qualifies, what effects the changes have on corporations, and if the act will succeed at what it was made to do.
Do you enjoy this kind of content? Then subscribe and turn on notifications!
For more car news visit our website:
sites.google.com/autoreportsweekly.com/auto-reports-weekly/home/
Here are my sources:
www.kiplinger.com/taxes/605081/ev-tax-credit-inflation-reduction-act-2022-changes
www.irs.gov/credits-deductions/individuals/plug-in-electric-drive-vehicle-credit-section-30d
afdc.energy.gov/laws/inflation-reduction-act
www.npr.org/2022/03/13/1085707854/how-a-handful-of-metals-could-determine-the-future-of-the-electric-car-industry
www.npr.org/2022/08/22/1118052620/tax-credit-electric-cars-vehicles-tesla-gm-inflation-reduction-act-climate
www.congress.gov/bill/117th-congress/house-bill/5376/text
www.law.cornell.edu/uscode/text/42/17013
zhlédnutí: 214

Video

Porsche Synthetic Fuel - Car Lover's Dream or Tangible Future
zhlédnutí 469Před rokem
In the US last year, we used almost as many barrels of oil as there are people on Earth and given our current consumption, we may only have about 50 years left until the oil runs out. So, with everyone pushing for an electric future, what do those of us who can’t afford an EV or can’t deal with their shortcomings do? Porsche has an answer for you. In today's video I will be shedding light on Po...
The Good and Bad of Electric Cars
zhlédnutí 876Před rokem
The electric car, despite being a new segment in the market, is already in many ways superior to gas-powered cars. And as there are over 16 million EVs on the road on the road today, more people than ever are enjoying all those benefits, and suffering the same big consequence. In this video I will go through the positives and negatives of EVs and give my reasoning why they won't receive widespr...
Lightyear 0 - Tesla's Latest Rival...With The Best Chance
zhlédnutí 167Před 2 lety
Solar powered cars have been around for a while, never being more than a table on wheels with no practical use and have so far only been used for endurance races. But that all is changing thanks to a Dutch startup company called Lightyear and their production ready, solar powered EV called the Lightyear 0. In this video I explain how solar panels work, how they benefit the Lightyear 0, what dra...
Oil Companies Won't Increase Supply - So What About The Gas Price?
zhlédnutí 11Před 2 lety
Gas prices are the highest they have ever been and seem like they won’t be coming down again. Coincidentally, oil companies are pulling record high profits and have been hardly reinvesting that money in producing more oil. Suspicious? You bet your bucket it is! In this video you will learn what led us up to this point, how oil companies COULD lower the prices, and why they choose not to. Visit ...
The Current Surge in Oil Prices - Temporary or Here to Stay?
zhlédnutí 10Před 2 lety
Gas Prices have more than doubled since the start of the most recent presidency and the ongoing conflicts in the world haven’t helped in the slightest. And while many people point fingers at Biden or Russia or whoever, we need to stop focusing on who is the cause of the problem and come up with a solution. And I think I found one. In this video you will learn about the common misconceptions abo...
Struggling With Career Choices? Here's What You Need To Know...
zhlédnutí 9Před 2 lety
Today I am bringing you some helpful advice on how to choose a career that will be the best balance of challenging but not too difficult, while still being enjoyable enough that you WANT to return to work. In this video you will see a fairly quick guide to what personality type matches with certain jobs. It is worth noting this is not set in stone, anybody can become anything with enough effort...
The Red Light Camera Scam That is Costing Us BILLIONS
zhlédnutí 84Před 2 lety
115,741 people were injured in 2020 as a result of someone running a red light, an ongoing issue which has prompted government officials to incentivize people to not run the lights with the help of red-light cameras. But this simple tool, which is said to keep people from running the lights has turned into a multimillion dollar profiting scheme. In this video you will learn the intended use of ...
The Upcoming VW Electric Truck - Ford Lighting Rival or First Midsized EV Truck?
zhlédnutí 761Před 2 lety
Today I am bringing you the latest news of the EV truck world and making a bold claim about Volkswagen's future success in this market segment. Will VW's upcoming electric truck be the first midsized EV truck or will it be a rival to the Ford Lighting, Rivian R1T, and Hummer EV? In this video you will see: Volkswagen's pathetic 1970s trucks, their plans for the newly acquired Scout brand, and m...
VW Jetta 2001 Control Arm Replacement - The Quick Way | Mechanic's Corner
zhlédnutí 753Před 2 lety
Hello random citizens of the world and welcome to the Mechanic's Corner on Auto Reports Weekly. This week I am showing you how to best replace your lower control arm. Our mission here on Auto Reports Weekly is to inform and embrace evolving culture of the motoring world. We have taken a new view in motoring journalism which you kind find more of on our website AutoReportsWeekly.com. Subscribe f...
Tie Rod Replacement - All Key Details | Mechanic's Corner
zhlédnutí 9Před 2 lety
Hello random citizens of the world. I'm Nico, this is the Mechanic's Corner, and today I am giving you the most concise guide to replace your tie rod. Bare in mind that not all cars are made the same so it could be that there are different sized bolts, different bolt types, or other different constructions. Our mission here on Auto Reports Weekly is to inform and embrace evolving culture of the...
What To Do If You Wreck
zhlédnutí 9Před 2 lety
Hello viewers, I'm Nico and today I am giving you some advice on the steps to take if you get into an accident. All accidents are different so you may approach the series of steps you take differently but this video will provide some good guidelines to follow, which can be applied to most situations. If there is anything you feel that I should have mentioned or if you have any questions then le...
Website Updates For January, February, and March
zhlédnutí 18Před 2 lety
sites.google.com/autoreportsweekly.com/auto-reports-weekly/home/ Hello viewers! I'm Nico and today I am telling you all you need to know about the changes being made to the website. I talk about the changes that have been made over the previous months and what changes to expect in the future. Follow our Twitter page! AutoReportsW Follow our Instagram page! autoreportsw...
The VW Jetta 2001 Is A Good First Car | The Checklist
zhlédnutí 225Před 2 lety
May I film a review of your cool car? Email Me! nicoschad.autoreportsweekly@gmail.com Hello viewers, I'm Nico and today I'm bringing you a review of my first car, a 2001 VW Jetta Wagon with a manual transmission. If you are looking for your first car under $5k then I would recommend that you look at this, along with your usual Honda Civics and so on. I have had some issues but nothing too catas...
How To Change Your Oil In Under 10 Minutes | Mechanic's Corner
zhlédnutí 27Před 2 lety
Hello viewers! I'm Nico and today I'm giving all of you first time oil changers an easy to follow guide on how to change your oil properly and quickly. I start the video off with an introduction to all of the tools I use in this video and where you can find these tools (which I have linked below), I then go through each step of changing your own oil and I finish off the video by explaining what...
The 2017 VW Jetta is A Good Car With A Few Flaws | The Checklist
zhlédnutí 1,1KPřed 2 lety
The 2017 VW Jetta is A Good Car With A Few Flaws | The Checklist
The 2014 Toyota Sienna is A Great, Cheaper, Family Hauler | The Checklist
zhlédnutí 85Před 2 lety
The 2014 Toyota Sienna is A Great, Cheaper, Family Hauler | The Checklist
The 2021 Jeep Wrangler is Overpriced But Still Great | The Checklist
zhlédnutí 81Před 2 lety
The 2021 Jeep Wrangler is Overpriced But Still Great | The Checklist

Komentáře

  • @VPMore
    @VPMore Před 20 dny

    Awesome video bro. Love Jettas

  • @jeffbauer3425
    @jeffbauer3425 Před měsícem

    Very well done. I have a 2016 Jetta 5spd manual . 90,000 miles, still runs great !

  • @obi-wancornobi3124
    @obi-wancornobi3124 Před 3 měsíci

    Ow do the driver side

  • @vidalguzman9461
    @vidalguzman9461 Před 6 měsíci

    Great video🎉

  • @krajus83
    @krajus83 Před 8 měsíci

    What about the drivers side lca bolt that hits the pan? 😂

    • @Ojedaluis84
      @Ojedaluis84 Před 4 měsíci

      Was gonna say that, even 1a auto video is the same 😂

  • @dondeeman
    @dondeeman Před 8 měsíci

    Simple and easy video but my bolts where not that size I manage s though. But thank you for the information.

  • @robd1859
    @robd1859 Před rokem

    50 years until we run out of oil. 😅 Laughing my ass off I don't know where you heard that from but that's a bunch of bullshit. We've got more oil than we will ever use in the US that's not even tapped into.We've got enough oil we hadnt even been tapped into in the US We Got so much oil in the US that had even been tapped into it's unreal.. You need to quit listening to them damn democrats. They're trying to bring wash yall young people. We've got plenty of oil. But dumb-ass Joe Biden shut down the pipeline. I pray we get that idiot out of office and get a Republican in so he can straighten this country out.

  • @davidogden7389
    @davidogden7389 Před rokem

    E fuel is the future. Not electric. How environmentally un friendly is replacing all the old petrol and diesel cars with electric cars. And electric cars are not that clean anyway they produce more CO2 JUST BEING MADE !!!!!

    • @autoreportsweekly8148
      @autoreportsweekly8148 Před rokem

      Efuel still has some large hurtles to overcome before it can be the future, though I certainly hope it becomes part of the future. I do need to point out though that in the long run EVs produce less CO2 when you take in the entire lifetime of the vehicle into account

  • @samusvi2693
    @samusvi2693 Před rokem

    no one points out how it takes more energy to produce one battery for an ev than most of the life of a gas car. make sure you use fossil fuel to charge the car. so enjoy your coal powered car. most people cannot charge their car at home so then what. nothing to wait around for an hour or so for the car to charge. the mininig of the materials causes more damage to the planet than they dare say. you just do not see that here because it is done in other countries. why do they need to wear hazmat suits if the try to recycle the batteries, or talk about the extremely hazardous chemical to make the batteries in addition to the use of fossil fuels. oh what about the batteries exploding or the extremely dangerous fires in the batteries. oh well enjoy them

    • @autoreportsweekly8148
      @autoreportsweekly8148 Před rokem

      I don't know how much coal it takes to produce enough electricity to charge an EV but I'm not sure that it's worse than burning tens of thousands of gallons of gasoline throughout a cars lifetime. In the US over 60% of all occupied housing units have a garage or carport so most people actually can charge their car at home. The mining often also uses child labor on top of the damage to the environment. However it is difficult to say whether or not drilling for oil causes more environmental damage than mining for lithium. The hazmat suits are definitely necessary considering the chemicals used in batteries but if you look into the process of drilling, transporting, and refining oil then you'll see its not exactly sanitary either. Batteries exploding and catching fire are both pretty rare scenarios, probably about as likely as a gas car's tank leaking fuel everywhere and catching fire from the heat of the engine.

  • @casinocasino
    @casinocasino Před rokem

    Nice one! Fast video and very interesting and accurate

  • @_Surcouf
    @_Surcouf Před rokem

    Great video !

  • @elpuerco6059
    @elpuerco6059 Před 2 lety

    Nice try, young blood. Now go play outside with your RC toy, I mean, EV EV's are way more polluting when you take into account the lithium, a scarce commodity and poisonous, used in battery production. Then where we gonna get rid of these toxic batteries in 10-20 yrs and forward.? Heh?

    • @autoreportsweekly8148
      @autoreportsweekly8148 Před 2 lety

      Never mind the fact that some places where lithium and cobalt are mined use child labor. I'm well aware of the problems we face with EVs. It's not a perfect solution, it would actually be better if everyone used public transportation bc that is FAR cleaner than everyone driving their own car around, regardless of the car.

  • @Karl-Benny
    @Karl-Benny Před 2 lety

    i thing two gears will be the future

  • @ArielBatista
    @ArielBatista Před 2 lety

    You have done some homework about EVs. The question is do you own one? Also one thing most people don't realize is that refining oil into gas also takes a lot of electricity which people seem to ignore. Good job on the video. Good luck with them.

    • @autoreportsweekly8148
      @autoreportsweekly8148 Před 2 lety

      Factual accuracy is important with these videos so homework is necessary. I don't own an EV simply because I can't afford to buy one and because there is a complete lack of public charging where I live.

  • @nelsonoliveira1007
    @nelsonoliveira1007 Před 2 lety

    I bought my 2022 Kona and picked it up Oct 7 2021. I have driven 18K in 10 months and mostly charge from home once a week. My Kona range is 470km mostly hwy summer and 365km during the winter in Toronto. No issues so far and no regrets. I paid 46K. Canadian new. Tax included

    • @autoreportsweekly8148
      @autoreportsweekly8148 Před 2 lety

      I'm both impressed by the range you manage on the highway and shocked at how much the temperature affects the range. Completely forgot about the effects of temperature, maybe I'll revisit this topic in a few months or years and include that.

    • @nelsonoliveira1007
      @nelsonoliveira1007 Před 2 lety

      @@autoreportsweekly8148 Sounds good. The Kona comes with a heat pump. My buddy bought a Tesla Model 2 with no heat pump. 2021 model and he didn't even know was a heat pump was or its use in the car.

    • @samusvi2693
      @samusvi2693 Před rokem

      did you know that it takes more fossil fuel to make one ev battery than most gas cars use in their entire lifetime. so you are already way out front in the amount of fossil fuel use the day you buy your new ev

    • @autoreportsweekly8148
      @autoreportsweekly8148 Před rokem

      Where did you learn this? I would like to find out because that sounds extreme to me

    • @nelsonoliveira1007
      @nelsonoliveira1007 Před rokem

      @@autoreportsweekly8148 I bought my Kona on Toronto and talking from experience over the last 11 months. What exactly would you like to know?

  • @Michael-ld2np
    @Michael-ld2np Před 2 lety

    thank you for this video. i live in Orlando, FL and have racked up 3 red-light camera citations over the past year; and i know for an absolute fact i have NEVER ran a red light. the worst i've done is cross MY white line while still yellow and once I am halfway thru the intersection i can see it JUST turn red, while putting no one in danger as I cross. I've been doing more research and can see this is really just our local governments doing anything for profit at this point.

    • @autoreportsweekly8148
      @autoreportsweekly8148 Před 2 lety

      Happy to provide some insight! There's many things that governments do that are questionable and this is one of those unfortunately.

  • @andregonsalvez9244
    @andregonsalvez9244 Před 2 lety

    Great show ! I understand that VW and Ford collaborating together to produce compact and mid-sized pickup trucks ? I hope that VW reviving the International Scout trucks work out and not get too radical with their design concept .

    • @autoreportsweekly8148
      @autoreportsweekly8148 Před 2 lety

      I had completely forgotten about that collaboration but after looking it all I could find was that Ford used it for an all electric crossover (presumably referring to the Mach-E) and VW used it for the ID.Buzz so I don't think the truck will be on that platform. I'm hoping they take a page from Ford's book and make the Scout's design as reminiscent to the original as Ford did with the Bronco.

  • @SirWrecksy
    @SirWrecksy Před 2 lety

    Origins in the Nazi party going back almost a hundred years What the f*** how is that even relevant? That's why you got three comments counting mine... I'm out , 45 seconds

    • @autoreportsweekly8148
      @autoreportsweekly8148 Před 2 lety

      now its four comments

    • @SirWrecksy
      @SirWrecksy Před 2 lety

      @@autoreportsweekly8148 Haha counting your own! At least you have a sense of humor You are young and hopefully learning Stay in the game. Good luck!

    • @autoreportsweekly8148
      @autoreportsweekly8148 Před 2 lety

      Humor is my only redeeming quality 😅. Thank you and best of luck to you in everything you do!

  • @ShadoHHR
    @ShadoHHR Před 2 lety

    no mid-sized hybryds? ... what about the Ford Maverick - comes in a hybrid ...?

    • @autoreportsweekly8148
      @autoreportsweekly8148 Před 2 lety

      That's not a midsized truck, its about two feet shorter than the Chevy Colorado and only a few inches longer than a Toyota Camry. IDK if they officially call it a compact truck or what but I don't consider it midsized considering how much smaller it is

  • @williamheinsinger7390

    I have a 2021 Sport S with a 6speed stick shift, 2dr, hardtop.

  • @billredding2000
    @billredding2000 Před 2 lety

    "Irrational?" I don't have a Wrangler but I'd think it's far from "irrational" -- no more than a Ford Bronco would be "irrational," yes? No? ;-) -- BR (a very "rational" 2021 Jeep Gladiator Rubicon)

    • @autoreportsweekly8148
      @autoreportsweekly8148 Před 2 lety

      As a daily driver, which is how many people use them, it is far from the best vehicle. Horrid fuel economy, wobbly at high speeds, vague steering, lots of wind noise, dismal storage space, etc. But all of that is ignorable for how you feel driving it, especially when the roof is down. Its more of an emotional purchase than a logical purchase which is why I used the term irrational though I guess irrational isn't the perfect word for it. I'll think of a more fitting title and change it. I think the Ford Bronco will also be an irrational purchase that will be based largely on the emotions it gives. I love both the Wrangler and the Bronco but objectively they aren't a great purchase as a daily. Offroading is a different story