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IRA EV tax credits winning over more auto dealers in 2024

Teslarati

According to the United States (US) Treasury Department, more auto dealers are signing up for the point-of-sale electric vehicle tax credit. In November 2023, the US Treasury announced that car dealers would receive direct tax credit payments, enabling them to offer customers immediate rebates at the point of sale.

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‘Average Americans’ can’t afford EVs: Former White House official, others rip Buttigieg

Teslarati

The all-too-common myth that electric vehicles are not affordable to the average American is now being reignited by former Trump White House Communications Official Mercedes Schlapp, among others, who ripped Transportation Secretary Pete Buttigieg for suggesting that the answer to rising gas prices was to buy an electric car.

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Transportation Sec. Buttigieg: Buy an EV and ‘never worry about gas prices again’

Teslarati

Although, that only occurs if a consumer ends up purchasing a Chevrolet Bolt EV, as that is currently the only vehicle to qualify for the entire tax credit under President Joe Biden’s “Build Back Better” plan. Most EV owners will still receive the $7,500 credit, regardless of what they buy. by Unionized labor.

Buy 145
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President Biden proposes $174B spend on EVs and chargers

Green Car Congress

Giving consumers point of sale rebates and tax incentives to buy American-made EVs, while ensuring that these vehicles are affordable for all families and manufactured by workers with good jobs. Electrifying the federal fleet, including that of the United States Postal Service. Climate science and clean energy.

Climate 268
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Leasing vs. Buying EV Charging Stations

EV Connect

This growth is far slower in the United States, likely due to a lack of charging stations. But, thanks to the combination of increasing tax incentives for charging stations and vehicles — and President Joe Biden’s proposal to add 500,000 charging stations nationwide — this trend may reverse sharply. And this isn’t the only one.

Buy 71
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Here’s every electric vehicle that currently qualifies for the US federal tax credit in 2024

Baua Electric

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. How much is the federal tax credit?

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J.D. Power launches EV Index; measuring roadblocks to EV adoption, parity to gas-powered vehicles

Green Car Congress

Power EV Index, an analytics tool to track the growing EV market in the United States. This factor measures the proportion of new-vehicle buyers who have an EV purchase option that meets their buying needs, reflective of factors like price, manufacturer origin, segment and other inputs. Affordability. Availability.

Power 199