Green Car Congress

DECEMBER 19, 2013

introduced the latest in a series of discussion drafts to overhaul the US tax code. This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US. Specific proposals include: Clean electricity tax credit.

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Tax Tax Credit Clean Cleaning 281

Electrek

NOVEMBER 19, 2021

trillion “Build Back Better” legislation early this morning, following a lengthy session that included a record-setting speech from House Minority Leader Kevin McCarthy. more… The post ‘Build Back Better Act’ passes House, EV tax credit faces US Senate next appeared first on Electrek.

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Green Car Reports

DECEMBER 16, 2021

The Build Back Better bill recently passed by the House of Representatives could stall in the Senate for months, NBC reported Wednesday, potentially delaying an expanded EV tax credit.

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Tax Credit Tax Building 158

Energy Institute at HAAS

JANUARY 24, 2022

Build Back Better (BBB) prospects are not looking so good. And the problem with swinging for the fences … Continue Reading Fighting Climate Change With Tax Credits. Can we get more carbon mileage out of politically passable climate policy?

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Tax Credit Climate Change Climate Tax 145

Electrek

NOVEMBER 20, 2021

Electric bicycles and electric motorcycles may be getting significantly more affordable in the US after tax credits for both advance closer towards becoming law. more… The post Tax credits jump to $1,500 for e-bikes, $7,500 for electric motorcycles in Build Back Better Act appeared first on Electrek.

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Tax Credit Electric Motorcycles Motorcycles Tax 145

Teslarati

MAY 3, 2024

The electric vehicle tax credit rules got an extension on Friday as the U.S. At the beginning of the year, new rules took effect, and several electric vehicles that qualified for the full $7,500 tax credit in 2023 were no longer on the qualifying list. On Friday, the U.S.

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Tax Credit Tax United States Supplies 130

Green Car Reports

JUNE 23, 2022

Democratic senator Joe Manchin on Tuesday said a proposed $4,500 EV tax-credit bonus for union-made vehicles is now gone from the Senate's version of the Build Back Better Act, according to Automotive News (subscription required).

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Green Car Reports

AUGUST 23, 2022

New federal EV tax credit rules requiring greater domestic content could accelerate Hyundai's timeline for building electric cars in the United States, according to a recent Reuters report.

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Tax Credit Tax Hyundai United States 147

Green Car Reports

JUNE 7, 2023

The base Tesla Model 3 now qualifies for the full $7,500 federal EV tax credit, joining other Model 3 variants. On Friday, Tesla fans noted that, when building a base Model 3, Tesla then indicated that it was eligible for a $7,500 credit.

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Tax Credit Tax Tesla EPA 148

Green Car Congress

DECEMBER 22, 2013

Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., The study identified four specific changes to the US tax code that could help accelerate the commercialization of second-generation biofuels.

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Tax Tax Credit Industrial Industry 262

Green Car Congress

APRIL 8, 2022

billion) in funding to make zero-emission vehicles more affordable and to build a national network of charging stations. The introduction of a new 30% Critical Mineral Exploration Tax Credit for specified mineral exploration expenses incurred in Canada and renounced to flow-through share investors. This includes $1.7

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Canada Tax Credit Nickel Lithium Tax 468

Electrek

FEBRUARY 9, 2024

The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October. According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit.

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Green Car Congress

MARCH 24, 2023

billion) in building cylindrical battery manufacturing facility with a capacity of 27GWh, and KRW 3 trillion (US$2.3 The initiative marks the largest single investment yet for a stand-alone battery manufacturing facility in North America; it is also more than four times the amount the company initially announced last year (KRW 1.7

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Arizona North America Building Energy 343

EV Connect

JULY 1, 2024

Fortunately, the Federal government offers the Alternative Fuel Refueling Tax Credit, also known as the “30C” tax credit or EV charging tax credit to offset the burden of installing EV charging. What Are the Benefits of an EV Charging Station Tax Credit? Is anyone excluded from EV tax credits?

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Tax Credit Tax Charging Alternative Fuels 107

Electrek

NOVEMBER 30, 2023

Nissan will build the new model in the UK, but the affordable EV risks losing IRA tax credit eligibility. more… The post Nissan will not build its next-gen LEAF in the US, risks losing EV tax credit appeared first on Electrek. The next-gen Nissan LEAF will not be made in the US.

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Tax Credit Tax Nissan Building 114

Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. If it does, the Silverado EV will qualify for the IRA’s full $7,500 EV tax credit. GM issued a list of electric vehicles in its lineup that would qualify for the full EV credit.

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Tax Credit Silverado Chevrolet Tax 128

Teslarati

FEBRUARY 7, 2025

The increase now puts the trims over the $80,000 limit for the Federal EV Tax Credit of $7,500. The two trims of the Model X now cost $84,990 and $99,990 for the All-Wheel-Drive and Plaid builds, respectively. The post Tesla hikes Model X pricing by $5,000, losing EV tax credit qualification appeared first on TESLARATI.

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Tax Credit Tax Price Tesla 115

The Truth About Cars

DECEMBER 7, 2021

Elon Musk has continued bashing the Biden administration’s tax credit legislation designed to spur electric vehicle adoption, this time suggesting that the entire bill be scrapped. The post Elon Musk Continues Insulting Biden Admin’s EV Tax Credit Scheme appeared first on The Truth About Cars.

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Tax Credit Tax Climate Building 104

Green Car Congress

DECEMBER 1, 2022

In the US, the Clean Vehicle Tax Credit calls for automakers to provide proof of where they are sourcing their critical minerals and manufacturing their battery components, while the upcoming EU Battery Regulation will focus on proof of sourcing, responsible provenance, chain of custody, recycled materials and embedded carbon.

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Economy Building Batteries Battery 330

Teslarati

NOVEMBER 29, 2023

The reprieve would concern the eligibility of electric vehicles for the IRA’s tax incentives. One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. We are going to have lots of battery capacity in the United States.

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Tax Credit Tax United States North America 108

Green Car Congress

JUNE 18, 2021

The Imperium3 consortium, which is building the New York-based gigafactory, consists of Magnis Energy, Charge CCCV LLC (C4V), and Boston Energy and Innovation (BEI). million in Excelsior Jobs Program tax credits in exchange for job creation commitments for the iM3NY project. Magnis direct and indirectly owns 50.86% of iM3NY.

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New York Lithium Ion Tanzania Tax Credit 468

Electrek

MAY 17, 2023

The move comes as the two automakers look to ensure EV models qualify for the IRA tax credit. more… The post Kia and Hyundai to build EVs in Mexico for IRA tax credit eligibility appeared first on Electrek.

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Tax Credit Mexico Tax Kia 95

Green Car Congress

SEPTEMBER 5, 2014

Elements of the agreement include abatements, tax credits, an economic development rate rider, and an agreement on direct sales. Abatements: Up to 100% abatement of Sales Tax until 30 June 2034. Up to 100% abatement of Real Property Tax until 30 June 2024. Up to 100% abatement of Personal Property Tax until 30 June 2024.

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Nevada Tax Credit Tax Tesla 252

The Truth About Cars

MARCH 7, 2024

The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. With the credit, the Leaf starts in the mid-$25,000 range, extending its lead as the cheapest EV on sale. has a free-trade agreement. Image: Nissan] Become a& TTAC insider.

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Tax Credit Tax Nissan Tennessee 103

Green Car Congress

FEBRUARY 18, 2014

This second round of fuel efficiency standards will build on the phase 1 standards for medium- and heavy-duty vehicles (model years 2014 through 2018) issued in 2011. Energy Security Trust Fund and tax credits for advanced vehicles and biofuels. Earlier post.) Earlier post.) Earlier post.)

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Obama EPA Standards Tax Credit 257

Green Car Congress

NOVEMBER 20, 2018

The Drive Clean Rebate is part of New York State’s overall clean transportation strategy to reduce greenhouse gas emissions and supports the Governor’s Reforming the Energy Vision (REV) comprehensive plan to build a clean, resilient and affordable energy system. The tax credit is applied after the rebate amount received from NYSERDA.

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New York Tax Credit F-150 Cleaning 354

Electrek

OCTOBER 3, 2022

Georgia Senator Reverend Warnock introduced a new bill that would expand which electric vehicles qualify for a tax credit through the Inflation Reduction Act. The post Georgia Senator introduces bill that would allow Hyundai, other automakers to qualify for EV tax credit appeared first on Electrek.

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Tax Credit Georgia Tax Hyundai 98

Electrek

JUNE 22, 2022

Senator Joe Manchin, who has a swing vote in the US Senate, said that the Democrats have given up on the $4,500 electric car tax credit bonus for union-made EVs as part of the Build Back Better Act. It is still unclear what reform the EV tax credit will see in the spending bill, if any.

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Tax Credit Tax Electric Cars Cars 98

Teslarati

JULY 12, 2023

Tesla has updated the Model 3 sedan’s landing page with a new message about the all-electric sedan and its eligibility for the US Inflation Reduction Act’s (IRA) federal tax credit. As per the EV maker, reductions to the Model 3’s federal tax credit will likely take effect after December 31, 2023.

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Tax Credit Tax Tesla Ford 91

Green Car Congress

FEBRUARY 4, 2023

This funding was provided to 32 organizations, including municipalities, multi-resident buildings (MURBs), private firms and utilities. The Government of Canada announced federal investments totalling nearly $15 million (US$11.2

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Canada Tax Credit Cleaning Clean 304

Green Car Congress

JANUARY 6, 2014

Vehicle tax credits or rebates. Further, the authors note, building up charging infrastructure is central to US policy. Thus, the majority of PEV tax credits will subsidize purchases that would have happened anyway without the tax credit and will have little-to-no effect on petroleum displacement and emissions reductions.

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Plug-in Plug Tax Credit Tax 271

Electrek

DECEMBER 7, 2021

Elon Musk calls for the Senate not to pass the $2 trillion Build Back Better Act and says Tesla doesn’t need the $7,500 tax credit for electric vehicles. more… The post Elon Musk calls for Senate not to pass the Build Back Better Act: ‘Tesla doesn’t need the $7,500’ appeared first on Electrek.

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Tax Credit Building Tesla Tax 145

Green Car Reports

NOVEMBER 7, 2022

Subaru is unlikely to follow other automakers in moving EV production to the United States to align with new tax-credit rules, according to a recent Automotive News report. And the automaker is blaming, among other things, McDonald's. The recently passed Inflation Reduction Act (IRA) makes U.S.

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Tax Credit Building United States Tax 153

Green Car Congress

SEPTEMBER 19, 2018

Cuomo announced that $5 million is available as part of the first rebate designed specifically for the installation of electric vehicle charging stations at workplaces, office buildings, multi-family apartment buildings, and public locations such as theaters, malls, parks and retail locations.

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Installation New York Available Tax Credit 220

Green Car Congress

OCTOBER 18, 2022

The “Inflation Reduction Act” passed in the US increased tax credits for CCUS by 70%, making a viable business case for the technology in petrochemicals, steel, cement, and in some regions, power. Legislators have recognized this mismatch and are ramping up their support for the industry.

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Carbon Global Tax Credit Wyoming 293

Teslarati

JUNE 6, 2023

The Tesla Model 3 just became less expensive than the price of the Toyota Camry in California thanks to the company’s confirmation that each of the all-electric sedan’s trim levels qualifies for the full $7,500 tax credit. ALSO READ: Tesla Model Y price cuts have brought costs below U.S.

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Tax Credit California Toyota Tax 145

Innovation News Network

APRIL 2, 2024

The US Government has announced $4bn in tax credits for over 100 projects across 35 states to accelerate a domestic clean energy supply chain. The post US Government announces $4bn in tax credits to build clean energy supply chain appeared first on Innovation News Network.

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Tax Credit Tax Clean Cleaning 64