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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

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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How Government Incentives Help Convenience Stores Install Electric Vehicle Chargers

Blink Charging

Fortunately for businesses located in key areas of the country, the federal government has introduced incentives to help them install electric vehicle supply equipment (EVSE) and play a key role in building the national EV charging network. How Many Charging Stations Will America Install?

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The Geography of Federal EVSE Tax Credits

EV Club of CT

Federal Tax Credit for Buying/Installing EV Chargers Before the passage of the Inflation Reduction Act, every residence was eligible for a tax credit of 30% of the cost of the purchase and installation of residential. Read more

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Hyundai Says Its New Georgia Factory is Open and Ready for Ioniq 9 Production

The Truth About Cars

While moving EV production to the United States will help Hyundai, Kia, and Genesis gain tax credit eligibility, theres no telling how much longer they will be available. The Ioniq 9 is expected this spring and will come from the factory with a Tesla NACS port installed.

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Federal EVSE Credit Returns

EV Club of CT

Post by Barry Kresch Tax Credit for Purchase and Installation of an EV Charger The recently passed Inflation Reduction Act has amended US Code 26, Section 30C to reinstate a tax credit for the purchase. Read more.

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Where Your Author Owns a Used BMW Convertible for a Second Year

The Truth About Cars

After tax the total was $750.77, plus another $140.12 for the installation stuff. The shop checked the alignment during install and (surprisingly) one was not necessary. The independent mechanic could source them for $330 each, but Id found a better price at Bimmerworld, $223 (and no sales tax(!)).

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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. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?