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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The Truth About Cars

FEBRUARY 14, 2025

Hyundai plans to build the Ioniq 9 in the United States, which will help with tax credit eligibility and other trade-related issues, though theres no telling how much longer well see tax credits for new EV purchases. Its expected to offer up to 330 miles of driving range, but those numbers usually change in the U.S.

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EV Club of CT

FEBRUARY 14, 2024

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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The Truth About Cars

JANUARY 4, 2024

The EV tax credit rules changed again at the beginning of 2024, and stricter requirements on battery materials sourcing cut several previously qualified models from the list. Most GM models failed to make the cut, at least temporarily, and the automaker is offering $7,500 compensatory discounts to keep sales flowing.

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Blink Charging

FEBRUARY 23, 2023

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! If you’ve been wondering how all these purchase incentives work, Blink has you covered.

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The Truth About Cars

FEBRUARY 7, 2025

It also requires a hefty down payment of $4,579, and some buyers will pay more in taxes and other fees. Dodge is offering a $3,000 incentive and zero-percent financing for purchases, which could make them a good deal for some buyers. The more powerful R/T Scat Pack is available for $399 per month with $4,429 down.

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EV Club of CT

AUGUST 19, 2022

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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The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. But there are a few more hoops to jump through if you want the government to offer some cash back on your EV purchase.

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Blink Charging

NOVEMBER 16, 2023

To encourage clean and energy-efficient vehicle adoption, the United States government has made significant changes to the Clean Vehicle tax credit, to take effect from January 1, 2024. These changes make it easier for drivers to access tax credits when purchasing clean vehicles. What Is the Clean Vehicle Tax Credit?

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Blink Charging

APRIL 4, 2023

Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations. Limited time to claim tax credits for EV fleets There are currently numerous incentives to purchase EVs and EV charging equipment.

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Blink Charging

JANUARY 19, 2024

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America. How Does Obtaining a Tax Credit for a Leased EV Work?

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The Truth About Cars

APRIL 29, 2024

That price hike will come as a disappointment to hopeful buyers, but it’s still the only car in the Model 3 line that qualifies for federal tax credits, which can make it less expensive than the Long Range variant in some configurations.

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The Truth About Cars

JANUARY 11, 2024

The company announced that it would buy tens of thousands of electric vehicles from Polestar, BMW, Chevrolet, Tesla, and others and had aimed to purchase 100,000 Teslas by the end of 2022. While that splashy announcement likely netted the company new customers, it now has hundreds of EVs on sale as it moves to scale back its fleet.

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Blink Charging

OCTOBER 31, 2023

Whether you are looking to purchase your first electric vehicle (EV), your next EV, or electric vehicle supply equipment (EVSE) for your home, the United States has incentives, rebates, grants, and programs to help. Must not have claimed another Used Clean Vehicle Credit in the three years prior to the purchase date.

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Plug In Partners

AUGUST 4, 2006

T his story comes from the Energy Blog. The expansion of the State’s Empire Zones program to provide tax benefits to clean energy companies regardless of where they are located in New York State. New York to Convert 600 Hybrids to PHEVs New York Governor George E. Pataki and Senate Majority Leader Joseph L.

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Plug In Partners

MARCH 1, 2006

The Grist Magazine blog has posted the complete speech here. Second, Washington should lead the way on energy independency by making sure that every single automobile the government purchases is a flexible-fuel vehicle - starting today. Barack Obama (D-Ill.) delivered a major speech on energy independence yesterday.

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Blink Charging

SEPTEMBER 21, 2023

Transitioning to an EV The federal government has made it even easier to transition to an EV by providing tax breaks for their purchase and the purchase of EV charging equipment , including: Up to $7,500 for new EVs Up to $4,000 for used EVs purchased in 2023 or later Up to $40,000 for businesses and tax-exempt organizations who purchase a commercial (..)

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EV Connect

SEPTEMBER 11, 2023

In this blog post, we will provide an overview of these incentives, including eligibility requirements and application procedures. However, the upfront costs associated with purchasing an EV and installing charging infrastructure can be a barrier for many individuals and businesses.

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The Truth About Cars

MAY 4, 2023

Though their electric vehicle lines are among the most compelling new zero-emissions models, Kia and Hyundai’s EVs don’t currently qualify for federal tax credits because of where they’re built. Both are working toward bringing EV production to the U.S., Both are working toward bringing EV production to the U.S.,

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The Truth About Cars

AUGUST 9, 2024

Buyers do not pay sales tax on NEV purchases, and people who replace gas cars with an electrified model can receive a scrappage credit. The cash incentives for electric vehicles doubled in July, and the government made the deal retroactive to April, so earlier buyers qualify for extra cash back.

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The Truth About Cars

AUGUST 9, 2024

Buyers do not pay sales tax on NEV purchases, and people who replace gas cars with an electrified model can receive a scrappage credit. The cash incentives for electric vehicles doubled in July, and the government made the deal retroactive to April, so earlier buyers qualify for extra cash back.

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Blink Charging

OCTOBER 6, 2023

As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. With states enacting new kWh taxes on EVs and EV charging, we want to make sure you have the right information. Kentucky will implement the kWh tax starting in January 2024.

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The Truth About Cars

MAY 31, 2024

Jeep will launch the Wagoneer S at its EV-certified dealerships later this year, with a starting price of $71,995, and it said that the SUV would qualify for federal tax credits. Jeep will also include public charging credits or a 48-amp Level 2 home charger with every purchase. second 0-60 mph time.

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The Truth About Cars

AUGUST 23, 2023

Kia currently builds the EV6 in South Korea and needs a North American manufacturing location for its vehicles to qualify for federal tax credits. Average vehicle purchase prices in the U.S. have ballooned, reaching nearly $50,000, out of reach for a significant chunk of the country.

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Clean Car

SEPTEMBER 29, 2020

There are commonly discussed fears when it comes to purchasing an EV: Range : There is a widespread fear that with an EV, drivers will get stuck somewhere with no charging ability. Individuals would (rightly so) not want to purchase a new vehicle without knowing they could confidently refuel it. Electric vehicle fears.

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Blink Charging

NOVEMBER 9, 2023

The decision to purchase or lease electric vehicles (EVs) for your commercial fleet depends on several factors, such as whether you want to own your capital assets versus maintaining a more flexible cash flow. In this blog, we will explore the advantages of both owning and leasing a commercial electric fleet.

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The Truth About Cars

FEBRUARY 12, 2024

After taxes, that amounted to $71,208 and that’s before anyone bothered to factor in labor. By presenting owners with ridiculous quotes, they will likely be put off and search for an alternative (or purchase a new car). From CarBuzz : Some Reddit users believe the dealer is unwilling to carry out the repair.

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The Truth About Cars

DECEMBER 14, 2023

A grand total of $64,250 (plus taxes, natch – but including fees like freight and PDI) gains access to Club GX, buying a Premium trim which comes with the features such as a 10-speaker sound system and snazzy ventilated seats trimmed in NuLuxe (read: fake leather). Image: Lexus] Become a& TTAC insider.

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Green Car Congress

AUGUST 30, 2009

In Europe diesels are more popular but the European tax regimes raise the prices of all liquid fuels, which favors efficiency, while penalizing diesel fuel less than gasoline. Fritz Henderson added, “ We see pretty significant shifts in market share in Europe between diesel and gas engines when the tax regimes change.

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The Truth About Cars

SEPTEMBER 22, 2023

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. That makes the $33,550 (before any federal tax credits or state incentives) Kona Electric the most affordable way to take advantage of the deal. Meanwhile, U.K.

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Creative Greenius

DECEMBER 8, 2008

For more than a year now in this blog I’ve been researching and reporting on climate change, energy and transportation issues and related environmental stories covering them on both a personal and a global perspective. So long as your mortgage and property tax bill are in good standing, you’ll get the money.

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Creative Greenius

JUNE 11, 2009

The property owners pay off the loans as an assessment item on their property tax bills. This Friday, June 12, I’ll be attending the EcoMotion Palm Desert AB 811 Conference specifically to cover it for this Creative Greenius blog. NO PURCHASE! The loans are financed through the sale of assessment district bonds.

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My Energi

NOVEMBER 16, 2022

And that’s not all, while the purchase price of EVs has continued to tumble, comparable finance rates are still far higher than their internal combustion engine (ICE) counterparts. With government incentives also beginning to wane, affordability remains a major concern for many motorists.

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My Energi

DECEMBER 14, 2023

After all, the announcement means that our eddi power diverter is now in scope for VAT relief when fitted to an ESM, while our libbi home battery is classified as zero rated both as a standalone technology and when connected to (or installed alongside) renewable energy generation solutions such as solar, wind or hydro. “As a direct result, households (..)

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Blink Charging

OCTOBER 11, 2023

You can find incentives such as: Tax credits – These incentives lessen the amount of taxes that must be paid to the government for specific purchases. Rebates – Incentives that return cash to you if you purchase a specified item. The Internal Revenue Service administers this commercial EV tax credit.

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The Truth About Cars

SEPTEMBER 21, 2023

The scheme was to have the United Kingdom restrict citizens from purchasing new combustion vehicles by 2030. Conservatives seem to have noticed that the general public doesn’t appear all that excited about the government limiting their purchasing choices or presenting new taxes on vehicles boasting a tailpipe. Meanwhile, U.K.

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The Truth About Cars

DECEMBER 7, 2023

However, formal congestion pricing didn’t come up until former mayor Michael Bloomberg suggested taxing vehicles for entering the busiest parts of NYC in 2007. Street parking is an absolute chore and purchasing a parking space results in drivers confronting some of the highest prices in the whole country.

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