You still get a rebate for a PHEV, but it's limited to $4,000. That's why folks who want Rav4 Primes should buy them in 2021, if they can find them. Currently it qualifies for the full $7,500."For new plug-in electric drive motor vehicles. Amount no more than 50% of purchase price.
- $4,000 = base amount.
- +$3,500 for battery capacity:
- >= 40 kWh and no more than 2.5 gallon gasoline tank capacity before January 1, 2027.
- >= 50 kWh and no more than 2.5 gallon gasoline tank capacity after December 31, 2026."
- 2 1/2 gallon tank with a 40kwh battery?? That would be much more EV than PHEV and a car like this doesn't exist at the moment. The Chevy VOLT had a 18.7kwh battery pack and the new Toyota Rav4 Prime is 18.1kwh with a 14 gal tank. This rule seems to defeat the purpose of a PHEV in that most people use all electric around town and then for longer trips use gas. The 2.5 gal tank seems more for backup than actual driving. What am I missing?