Teslarati

FEBRUARY 19, 2024

The Indian government is reportedly finalizing a new import tax policy that might encourage Tesla and other foreign electric automakers to invest in India. According to people familiar with the matter, the Indian government is thinking of offering lowered import taxes to freight electric vehicle (EV) manufacturers.

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Green Car Reports

DECEMBER 9, 2023

EPA confirmed that some versions of the Tesla Cybertruck will qualify for the EV tax credit—at least for those models delivered in 2023. In updates Friday, the U.S. As revealed just over a week ago, the Tesla Cybertruck will arrive in $79,990 All-Wheel Drive (dual-motor) form, with a $99,990 Cyberbeast (tri-motor) performance model.

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Tax Credit Tax EPA Tesla 178

Teslarati

JANUARY 2, 2024

As everyone greets the new year, Tesla updated its website according to the Inflation Reduction Act’s (IRA) requirements for the electric vehicle (EV) tax credits. Most of Tesla’s other models—including the Model X—are eligible for the full tax incentives. The Teslarati team would appreciate hearing from you.

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Electrek

JANUARY 5, 2024

Tennessee has started the process of hiking its EV registration fee from $100 to $274 per year and beyond, aiming to continue hiking the fees in perpetuity, further increasing the disproportionately high taxes paid by EVs in the state as compared to gas cars.

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Tax Gas Tennessee Cars 117

Electrek

DECEMBER 13, 2023

Tesla is signaling that along with two trims of Model 3 losing all their federal tax credit next year, Model Y is also “likely” to lose part of the tax credits. more… The post Tesla signals Model Y also losing full $7,500 tax credit appeared first on Electrek.

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Tax Credit Tax Tesla Parts 144

Green Car Reports

OCTOBER 9, 2023

The federal EV tax credit will shift to a point-of-sale dealership rebate in 2024, giving customers instant access to the credit, the U.S. Under current rules, buyers can't claim the credit of up to $7,500 for new vehicles and $4,000 for used vehicles until they file their taxes. Treasury Department confirmed Friday in a press release.

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Teslarati

APRIL 24, 2024

This is because among Tesla’s current Model 3 lineup, only the new Model 3 Performance qualifies for the $7,500 federal tax credit. With the federal tax credit and estimated gas savings in place, the upgraded Model 3 Performance becomes more affordable than the mid-tier Model 3 Long Range Dual Motor AWD variant.

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Electrek

MARCH 6, 2024

Nissan and the IRS announced today that the Leaf has regained eligibility for the federal tax credit for electric vehicles. With now $3,750 in tax credit, the Leaf can start at just $24,400 – making it one of the cheapest EVs in the US.

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Tax Credit Tax Nissan Electric Vehicles 115

Electrek

JUNE 21, 2023

China’s Ministry of Finance has confirmed that tax exemptions for New Energy Vehicles (NEVs) scheduled to expire at the end of this year have been extended through 2027. Consumers in China will now be able to take advantage of EV tax breaks amounting to over $4,000 per vehicle to start, which will dwindle down over the next four years.

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Tax China Financing Energy 141

Green Car Reports

JANUARY 17, 2024

Fewer Tesla EVs now qualify for the $7,500 federal EV tax credit, but for those that do, Tesla is now applying the credit at the time of purchase. The automaker's website now says that eligible buyers will have the full $7,500 credit applied when they purchase their vehicles.

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Tax Credit Purchase Tax Tesla 148

Green Car Reports

MARCH 8, 2024

The 2024 Honda Prologue and 2024 Acura ZDX will both qualify for the full $7,500 federal EV tax credit, Honda and its Acura luxury brand have confirmed.

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Tax Credit Acura Honda Tax 133

Electrek

FEBRUARY 15, 2024

The new year rolled out a new plan where EV shoppers could get on-the-spot tax rebates when purchasing a new electric vehicle, with auto dealers then handling the paperwork and waiting to get reimbursed by the government.

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Green Car Reports

DECEMBER 22, 2023

According to a report citing GM directly, the Chevy Bolt EV will be the only EV from the automaker qualifying for the full EV tax credit from Jan. Yes, that’s a model now out of production and set to be increasingly difficult to find at dealerships in 2024. GM did say that the Chevrolet Blazer EV and Cadillac Lyriq are due to regain.

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Tax Credit Tax GM Cadillac 169

Blink Charging

JANUARY 11, 2024

The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The Clean Vehicle Tax Credit for new EVs is worth up to $7,500 and the Previously Owned Clean Vehicle Tax Credit is worth up to $4,000.

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Tax Credit Tax Clean Cleaning 119

Electrek

JANUARY 1, 2024

As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy. more… The post Kentucky electric cars now pay two taxes where gas cars only pay one appeared first on Electrek.

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CleanTechnica EVs

JANUARY 26, 2024

If you bought a Tesla in 2023 and are looking to get a tax credit from the US government, it. continued] The post Tesla 2023 IRA Document For Tax Credit — How To Get It appeared first on CleanTechnica.

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Tax Credit Tax Tesla Electric Vehicles 100

CleanTechnica EVs

DECEMBER 12, 2023

The federal electric car tax credit rules will change on January 1, 2024, leaving some prospective buyers out in the cold. The post Only Ten Electric Car Models Will Qualify For Full Federal EV Tax Credit On January 1, 2024 appeared first on CleanTechnica.

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Tax Credit Tax Electric Cars Cars 140

Green Car Reports

DECEMBER 27, 2023

car dealerships have not registered to begin offering the federal EV tax credit at the point of sale when that option becomes available Jan. More than 7,000 dealerships have registered with the IRS to offer tax credits of up to $7,500 as point-of-sale rebates, the U.S. Treasury Department said Friday. But there are nearly 17,000.

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Tax Credit Tax Dealers Sale 138

Electrek

JANUARY 9, 2024

As of January 1, the government has revised its malus écologique , a one-time penalty tax for registering bulky, CO2-emitting cars, to include a lot more ICE vehicles, even some of the most popular budget models. more… The post Drivers of heavy, dirty cars pay stiff penalty tax in France appeared first on Electrek.

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France Tax CO2 Cars 129

Electrek

FEBRUARY 21, 2024

After temporarily losing availability for federal tax credits in early January, Cadillac has announced the LYRIQ is once again eligible for the total amount of up to $7,500. Additionally, some previously ineligible LYRIQs will receive a purchase incentive from Cadillac directly.

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Tax Credit Cadillac Tax Purchase 123

Green Car Reports

DECEMBER 14, 2023

Tesla expects the Model Y will no longer qualify for the full $7,500 federal EV tax credit in 2024. As noted by Electrek, the Tesla Model Y online configurator now includes a note stating that reductions in the tax-credit amount are "likely" after Dec.

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Tax Credit Tax Tesla 127

Electrek

NOVEMBER 9, 2023

In a controversial move, Switzerland has decided to tax electric cars in the same way it does for gas guzzlers, saying that special tax exemptions are no longer necessary. more… The post Switzerland pulls the plug on tax breaks for electric vehicles appeared first on Electrek.

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Switzerland Tax Electric Vehicles Plug 123

Electrek

DECEMBER 6, 2023

Ford expects the Mach-E will no longer qualify for the federal EV tax credit. more… The post Ford Mustang Mach-E to lose EV tax credit appeared first on Electrek. If you are thinking about buying Ford’s electric Mustang Mach-E , you may want to do so before the end of the year.

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Tax Credit Tax Ford Buy 120

Green Energy Consumers

MARCH 12, 2024

It's tax time! Since you've been engaged with Green Energy Consumers on clean energy upgrades like solar, electric cars, and heat pumps, we wanted to share the basics about claiming federal clean energy tax credits for 2023.

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Tax Credit Tax Clean Cleaning 91

Electrek

DECEMBER 4, 2023

Tesla has confirmed that it is officially losing half of the $7,500 tax credit on two Model 3 trims starting next year. more… The post Tesla is officially losing half $7,500 tax credit on two Model 3 trims appeared first on Electrek.

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Tax Credit Tax Tesla 141

Green Car Reports

SEPTEMBER 22, 2022

Californians will vote later this year on whether to tax the wealthy to fund EV incentives and charging infrastructure. Proposition 30 would increase taxes on California residents who make over $2 million a year by 1.75% and direct the state to use that added revenue—estimated at $3.5

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Green Car Reports

DECEMBER 4, 2023

The Department of Energy (DOE) on Friday issued proposed guidance on foreign battery content in EVs that could cut the federal tax credit for some models. 1, EVs are ineligible for the federal tax credit of up to $7,500 if they have key battery components. But it also provides a clearer picture for automakers and battery suppliers.

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Tax Credit Tax Batteries Battery 125

Teslarati

JANUARY 10, 2024

Tesla calculated that Model 3 Highland lease payments would be $329 monthly, excluding taxes and fees. Tesla models eligible for IRA tax credits in 2024 The loophole lies in the IRA’s tax credit qualifications for commercial vehicles. The monthly lease payments drop to $246 after accounting for probable savings.

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Electrek

MARCH 11, 2024

The US Treasury Department released updated guidance on EV charger tax credit eligibility for individuals and businesses – we’re reposting this story because it’s tax season.

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Tax Credit Tax 119

Clean Fleet Report

OCTOBER 22, 2023

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. In this blog post, we’ll explore why leasing a car, like a Cupra Formentor or a Nissan Leaf, can be an ideal choice for your business, both in terms of financial benefits and tax advantages.

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Green Car Reports

MARCH 7, 2021

The gas tax remains one of the main funding sources for road infrastructure, which has led to cries that electric-car drivers aren't paying their fare share of road maintenance costs. A new bill circulating through the Minnesota legislature calls for an "electric fuel" tax for EVs. Minnesota's solution? Consider electricity a fuel.

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Fuel Tax Tax Gas-Electric Minnesota 207

Electrek

OCTOBER 6, 2023

The IRS released new guidance on the EV tax credit today, and the changes mean that starting next year, low- and middle-income buyers will be able to get the full $7,500 credit even if they don’t have enough tax liability.

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Tax Credit Tax 145

The Truth About Cars

MARCH 6, 2024

The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale. Tax credits bring the Prologue’s starting price down to $41,295 after a $1,395 destination charge.

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Electrek

MARCH 7, 2024

The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. Who says electric cars are too expensive? With the added credit, the Honda Prologue hits the “sweet spot,” with starting prices under $40,000.

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Tax Credit Honda Tax SUV 130

CleanTechnica EVs

MARCH 16, 2024

federal EV tax credit provided that the customer meets all purchase and income qualifications for the EV tax credit as outlined in Internal Revenue Code Section 30DOpens. continued] The post 2024 Nissan LEAF Regains Eligibility for up to $3,750 EV Tax Credit appeared first on CleanTechnica.

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Tax Credit Tax Nissan Nashville 90

Green Car Reports

JANUARY 25, 2024

4 electric crossovers on sale now are eligible for the full $7,500 federal EV tax credit, VW confirmed Wednesday in a press release. "Most" 2023 and 2024 Volkswagen ID.4 VW notes in the release that it's the first foreign automaker to qualify under tightened rules relating to battery supply that took effect at the start of the year.

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CleanTechnica EVs

JANUARY 16, 2024

As of January 1, 2024, the federal EV tax credit has become a point of sale rebate. continued] The post Now You Can Claim Your Tesla EV Federal Tax Rebate Online appeared first on CleanTechnica.

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