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Cadillac ELR EREV goes on sale in January, starting price $75,995

Green Car Congress

Upon IRS certification of an anticipated federal tax credit, purchasers may be eligible for a tax credit from $0 to $7,500 depending on individual tax liability. Net pricing after tax credits could be as low as $68,495, including $995 destination. gasoline-powered electric generator.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

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Audi introduces Q5 TFSI e PHEV to US market; EPA-rated at 65 MPGe

Green Car Congress

Offered as standard equipment on Audi TFSI e models, drivers have the option to adjust engine and battery usage with three capable modes specific to the plug-in system. The electric motor assists the combustion engine through the boost function to achieve a higher horsepower and torque output than the gasoline engine can achieve on its own.

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Are You Plugged In?

Revenge of the Electric Car

Plug-in hybrids differ from hybrids on the road today in that they can go longer distances on battery power and can be recharged via electrical outlets. All will qualify for a $7,500 federal tax credit. It is different from a plug-in hybrid, or PHEV, which runs on both battery power and gasoline.

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Hasner’s Florida State Electric Car Tax Break Gets Boost

Revenge of the Electric Car

The Legislature is taking a step toward giving a Sunshine State boost to the next generation of automobiles: electric-powered cars. An effort led by House Majority Leader Adam Hasner, R-Boca Raton, to give a sales tax exemption to consumers who buy battery-powered, electric vehicles or plug-in hybrids picked up a unanimous endorsement today.

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Hasner’s Florida State Electric Car Tax Break Gets Boost

Revenge of the Electric Car

The Legislature is taking a step toward giving a Sunshine State boost to the next generation of automobiles: electric-powered cars. An effort led by House Majority Leader Adam Hasner, R-Boca Raton, to give a sales tax exemption to consumers who buy battery-powered, electric vehicles or plug-in hybrids picked up a unanimous endorsement today.

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Choosing an Eco-friendly Vehicle: Hybrid vs. Electric Cars

EV Connect

On the other hand, hybrids that don’t plug in draw their battery power from the engine and when the battery is drained, the car simply switches to gas power. If you use solar power to generate electricity for your EV charging station, you can reduce the carbon footprint of running an EV down to virtually zero.

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