The Truth About Cars

APRIL 3, 2024

As more electric vehicles hit the roads, states are grappling with the change in tax revenues they’re seeing as a result. EV buyers don’t pay gas taxes, slashing millions out of state highway budgets and making it hard to afford planned improvements.

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Teslarati

JANUARY 2, 2024

As everyone greets the new year, Tesla updated its website according to the Inflation Reduction Act’s (IRA) requirements for the electric vehicle (EV) tax credits. Most of Tesla’s other models—including the Model X—are eligible for the full tax incentives. The Teslarati team would appreciate hearing from you.

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Teslarati

FEBRUARY 19, 2024

The Indian government is reportedly finalizing a new import tax policy that might encourage Tesla and other foreign electric automakers to invest in India. According to people familiar with the matter, the Indian government is thinking of offering lowered import taxes to freight electric vehicle (EV) manufacturers.

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Electric Driver

SEPTEMBER 3, 2022

You may be wondering what is an electric car federal tax credit. The US government provides people incentives to switch from gas to electric cars and will give you up to a $7,500 tax credit to make the change. This article will cover why there is an electric car tax credit, who qualifies for it, […].

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Electrek

DECEMBER 6, 2023

If you are thinking about buying Ford’s electric Mustang Mach-E , you may want to do so before the end of the year. Ford expects the Mach-E will no longer qualify for the federal EV tax credit. more… The post Ford Mustang Mach-E to lose EV tax credit appeared first on Electrek.

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Teslarati

OCTOBER 29, 2021

Malaysian government officials are petitioning and working toward making electric vehicles exempt from taxes, including import and excise duties, as well as road taxes. According to Paultan , a Malaysian automotive news site, supporting politicians are proposing a 100% exemption from the road tax for EVs.

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Electrek

DECEMBER 26, 2023

New year, new rules: As of January 1, things are about to get a little easier when it comes to getting your federal tax credit for buying an electric vehicle. more… The post Thousands of auto dealers sign up to offer new on-the-spot tax credit appeared first on Electrek.

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Blink Charging

JANUARY 11, 2024

The United States federal government has made it even easier to buy a new or used electric vehicle (EV). 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. Here’s what you need to know.

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EV Adoption

JULY 4, 2022

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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Electrek

OCTOBER 5, 2022

With more mainstream curiosity surrounding EVs, bolstered by a ten year extension in federal tax credits under the Inflation Reduction Act, there’s never been a more exciting time to buy an EV, and there has never been a wider selection of options to choose from. Luckily for you, we’ve broken it all down, state-by-state, below.

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Electrek

NOVEMBER 7, 2022

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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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! First, the easy part: How do I claim the $7,500 EV tax credit?

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Green Car Reports

AUGUST 12, 2022

Could the EV tax credit reboot break WTO rules? And not even industry insiders can verify the EV tax credit is coming back before the end of the year, so buy now. electric vehicle tax. Electrify America adds chargers at IKEA. This and more, here at Green Car Reports. The revamped version of the U.S.

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EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives?

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EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Teslarati

JANUARY 30, 2024

With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fuel taxes in the coming years. Still, the change could have some latent effects, especially as most countries get crucial revenue from taxes on gas. What about in other countries?

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Clean Fleet Report

OCTOBER 22, 2023

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. In this blog post, we’ll explore why leasing a car, like a Cupra Formentor or a Nissan Leaf, can be an ideal choice for your business, both in terms of financial benefits and tax advantages.

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Green Car Reports

JULY 2, 2022

It appears that sales of Toyota’s plug-in models in recent months were enough to trigger the automaker’s phaseout period for the federal EV tax credit this past quarter—leaving buyers less than nine months to buy a vehicle like the BZ4X electric car or RAV4 Prime plug-in hybrid and be able to claim the full $7,500 amount.

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Setec Powerr

APRIL 26, 2023

The global push towards sustainable energy and reducing carbon emissions has given rise to the popularity of electric vehicles (EVs). One such incentive is the electric car tax credit, designed to help offset the initial cost of EVs for buyers. Section 1: Overview of the Electric Car Tax Credit in 2023 1.1

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Teslarati

NOVEMBER 29, 2023

Denmark planned to start phasing out a tax-free allowance on electric vehicles (EVs) next year, though the country’s latest budget passage will officially postpone those plans. The post Denmark postpones plans to start taxing EV customers appeared first on TESLARATI.

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Green Car Reports

DECEMBER 16, 2021

The EV tax credit could be stalled for months in the Senate. The Lucid Air is a Best Car To Buy Finalist. We get a first look at an all-electric GMC Sierra. General Motors’ GMC truck brand yesterday teased the all-electric version of its Sierra. And how much does cold weather affect EV range?

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Electric Driver

MARCH 3, 2023

federal government is offering a clean vehicle tax credit to help promote the purchase of electric vehicles as an effort to reduce carbon emissions. The clean vehicle tax credit of up $7,500 depends on several factors. Here are some details on what is needed to qualify for the tax credit.

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CleanTechnica EVs

JANUARY 5, 2024

You’ve probably been frustrated this week if you were waiting for 2024’s cash rebate program to buy a General Motors. continued] The post Don’t Worry If Your Favorite GM EV Doesn’t Qualify For A Federal Tax Credit appeared first on CleanTechnica.

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CleanTechnica EVs

JULY 22, 2023

In many an article about electric vehicle costs, we and others have pointed out that aside from the US federal tax credit for EVs, there are various state incentives for buying an electric vehicle as well. What models or types of electric vehicles qualify? And that’s often where we stop. Which states?

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Blink Charging

APRIL 13, 2023

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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Green Car Reports

JUNE 4, 2018

Last week, we reported that Tesla is close to reaching the end of its allocation of federal tax credits for those who buy its cars. The credits were passed after the 2007 federal Energy Independence and Security Act to promote the sale of electric cars. The credits amount to a $7,500 discount for most buyers.

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Teslarati

JUNE 24, 2022

As of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. ” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. battery production.” ” I’d love to hear from you! .”

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Teslarati

JULY 20, 2023

Tesla has added a state electric vehicle incentive tool that will calculate both federal and state incentive amounts for customers interested in knowing how much of a break they may receive for buying one of the company’s vehicles. The federal EV incentives have been driven by the Inflation Reduction Act.

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Baua Electric

JUNE 7, 2024

If you drive a Chevy Bolt EV or EUV model, Nissan wants you to buy (or lease) a new LEAF. Nissan targets Bolt EV drivers with new LEAF offer Starting at $28,140, the 2024 Nissan LEAF is already one of the most affordable electric vehicles in the US. Nissan’s Ariya was second at $35,556. FTC: We use income earning auto affiliate links.

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Electric Vehicles India

OCTOBER 13, 2021

Things to know before buying an electric vehicle. If you are someone who is planning to buy an electric vehicle, then this article is exactly for you and before you a new electric vehicle you must go through with this top and helping tips or guides. Benefits of using electric vehicles .

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Baua Electric

JANUARY 17, 2024

Ram introduces a lineup of electric vans. And Tesla buyers can now get the $7,500 EV tax credit up front—if they qualify. Tesla has started applying the EV tax credit at the time of purchase —via its own website and affecting the up-front amount buyers will need to pay when buying a new Tesla. This, that, and whatever.

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Teslarati

AUGUST 1, 2022

Tesla China will likely see its momentum in the domestic EV market accelerate, thanks to the country’s NEV purchase tax exemption being renewed next year. The NEV purchase tax exemption, which was launched in 2014, allowed most consumers who purchase green vehicles to save about RMB 10,000 (around $1,500).

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Teslarati

FEBRUARY 16, 2022

Amidst what appears to be an ongoing stalemate between Tesla and India, reports have recently emerged suggesting that the country is willing to consider the EV maker’s request for import tax cuts. And he would be right, considering that imported electric vehicles could receive taxes as high as 100%.

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Green Car Reports

DECEMBER 23, 2014

Several states have adopted or proposed special taxes and fees for electric-car drivers. which are supposed to make up for lost revenue from taxes on the fuel their drivers don''t buy. MORE: Washington.'

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Green Car Reports

JUNE 12, 2018

Last week, we reported that the federal tax credits for electric-car buyers are about to expire. Once any automaker sells 200,000 electric cars, the credits available to its buyers begin to wind down.

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Teslarati

JUNE 24, 2024

Canada is now mulling the possibility of placing tariffs on China-made electric vehicles, becoming the most recent country to consider a potential tax on EVs that come from the world’s largest automotive market. tariffs on Chinese imports, including at least a 100 percent tariff on Chinese electric vehicles.”

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Baua Electric

JANUARY 3, 2024

Electric vehicles for under $20,000 are already here. You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale.

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