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Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain.

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Almost all electric vehicles would qualify for the US EV tax credit with new Congress bill

Electrek

You may be in luck if you’re looking to buy an electric vehicle. A new bill introduced in the Senate called the Affordable Electric Vehicles for America Act would allow essentially all EVs in the US to qualify for the $7,500 tax credit if passed.

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Proposed Changes to Federal EV Tax Credit – Part 5: Making the Credit Refundable

EV Adoption

One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. How the Current Tax Credit Works For EV Buyers.

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Ansys releases pre-lockdown global survey on vehicle electrification

Green Car Congress

Nearly one-third of those surveyed already own an EV or plan to buy one within five years. Conversely, 39% of respondents would only buy an EV if gasoline-powered vehicles were no longer available. Americans cite too few charging points and too high upfront cost as the leading barriers to buying an electric vehicle.

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Group-buy Black Friday deal on 2015 Nissan LEAFs in Northern Colorado: $10,600

Green Car Congress

will have a special group-buy Black Friday opportunity to purchase a 2015 Nissan LEAF for just more than $10,000, saving up to $21,000 off the sticker price. Consumers in Fort Collins and Loveland, Colo.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. The post Ford reportedly eliminates lease-to-buy option on electric vehicles appeared first on TESLARATI. If you have any comments, concerns, or questions, please email me at christine@teslarati.com.

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EVs dominate list of efficient cars in ORNL 2022 Fuel Economy Guide

Green Car Congress

The site provides consumers with information to help guide buying decisions for all types of vehicles, including current EV federal tax credits, as well as operation and maintenance tips to save drivers money. Consumers can personalize estimates for their annual miles and local fuel prices, for example.