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Tesla Now Offers A Less Expensive Version of the New Model Y

The Truth About Cars

That said, its eligible for $7,500 in federal tax credits, lowering the starting price further to $41,490 before options. That price makes the Model Y one of the more affordable EVs available today, even before tax credits are figured in. The Long Range Model Y offers a 4.6-second

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Conversion supporters petitioning Obama Administration to extend tax incentives to plug-in conversions

Green Car Congress

Conversions target 250M existing vehicles on the roads, can save over 40% of fuel use or no fuel at all, have a smaller carbon footprint than new car since they reuse most of the original vehicle, and cost less to buy as an incremental expense making plug-in more affordable.

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SAFE Report: electricity shortfalls impede IRA’s materials production goals

Green Car Congress

However, the series of bills do not address the main obstacle to producing primary aluminum: access to ample supplies of affordable energy, the report says. The SAFE “ Legislative Analysis for the U.S. Unfortunately, the demand-side drives for aluminum outpace these few supply-side investments.

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Zero EVs May Qualify For the Federal Tax Credit Under the Inflation Reduction Act Requirements

EV Adoption

Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. Secondly, according to the Wall Street Journal and Benchmark Minerals, “China accounts for 59% of global lithium processing, compared with only 4% for the U.S.

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SAFE and the EC report recommends policies to advance adoption of vehicle-to-grid technology

Green Car Congress

We cannot afford for V2G capabilities to be an afterthought during the electrification of our transportation system. Extend and expand the “Alternative Fuel Refueling Property,”or EV charging infrastructure, also known as Section 30C, tax credit to cover V2G capabilities. But policymakers must act now.

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Smoothing the road for electric vehicles

Plug in America

The global transition to EVs is bigger than U.S. automakers sell millions of vehicles and bring in hundreds of billions of dollars in revenue from global sales each year. auto manufacturers to remain globally competitive, they have to manufacture EVs. There is also a little-known federal tax credit of up to $4,000 for used EVs.

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US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

The Obama Administration is proposing a three-part strategy that supports electric vehicle manufacturing and adoption through improvements to tax credits in current law, investments in research and development (R&D), and a new competitive program to encourage communities to invest in electric vehicle infrastructure. Earlier post.).

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