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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

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Chevrolet Volt MSRP Starts at $41,000, $33,500 Net of Full Federal Credit; 3-year Lease Program with Option to Buy

Green Car Congress

GM will introduce the Chevrolet Volt extended range electric vehicle with a starting MSRP of $41,000; after applying the Federal income tax credit of $7,500, the price drops to $33,500. Customer deliveries are scheduled to begin in launch markets late this year, with initial production of 10,000 units for the first year.

Volt 199
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Mullen’s electric trucks earn CARB certification, qualifying for over $45k in customer savings

Baua Electric

can take advantage of the total incentives for buying zero-emissions vehicles – rebates that can go as high as $45,000 per truck. Mullen also points out that combined with the $7,500 federal tax credit , commercial customers can purchase a new THREE electric truck at a net cost below $20,000.

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Gas War: U.S. House Suggests Ending California Emissions Authority, White House Says Nope

The Truth About Cars

We have a free market; therefore if Americans truly wanted to make the switch to electric vehicles, then they would buy them — no government interference necessary. "California is abusing their waiver authority and its status as the largest market in the United States to force this change on all Americans.

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Your Questions Answered: How Much Does It Cost to Charge an EV?

Blink Charging

The cost of buying an electric vehicle is slowly coming down, making it easier for more drivers to go electric. EV drivers can enjoy tax credits and lower maintenance costs. In a state like North Dakota, electricity can be under 10 cents/kWh while in Connecticut, it may cost over 33 cents/kWh. Here’s what the math says.

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News: 2023 Genesis Electrified GV70 AWD

Clean Fleet Report

The philosophy of quality and expectations need to be met, as Genesis is an unknown entity to much of the car buying public. All base pricing includes the mandatory $1,125 destination fee, and qualifies for the federal $7,500 tax credit and any state rebates. The Electrified GV70 comes in two trim levels.

Hyundai 88
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US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

s Connecticut Clean Cities Future Fuels Project. The stations will allow the fleets to lower their costs by buying fuel in bulk, access federal motor fuel excise tax credits, refuel at the times most convenient to their schedules, and model successful use of propane to nearby peers. Total DOE award: $13,299,101.