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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Tax Credit Dealers Tax Auto 135

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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Tax Credit Tax Ford Buy 130

CleanTechnica EVs

JUNE 19, 2024

You can now buy the Tesla Model 3 Long Range in the United States and get the full $7500 federal tax credit. That is, of course, if you have that much tax liability. Consult a tax professional before counting on the full $7500 if you are not sure of your.

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Electrek

JULY 10, 2024

Online vehicle marketplace Carvana has launched an exciting new feature that makes buying a used EV or PHEV easier than ever. US customers can now take advantage of up to $4,000 in savings at the point of sale through the federal government’s Clean Vehicle Tax Credit.

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Tax Credit Tax Buy PHEV 121

Electrek

OCTOBER 31, 2023

Not only are more cities and states promoting financials incentives to help residents buy electric bicycles, but the incentives are often growing in value, too. more… The post US tax credits and subsidies for electric bikes are growing bigger appeared first on Electrek.

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Teslarati

JUNE 17, 2024

Tesla’s Model 3 Long Range All-Wheel-Drive configuration has appeared on the list of vehicles qualifying for the IRS’s $7,500 electric vehicle tax credit, enabling carbuyers to get their rebate in a new Point of Sale method that the agency announced late last year. Buying an EV? I’d love to hear from you!

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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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Tax Credit Tax North Korea Iran 109

Green Car Reports

DECEMBER 29, 2022

The EV tax credit continues to take form, and it may mean cheaper leases. And what can we see in all of our past Best Car To Buy winners? Washington and Oregon join California in banning EV-only cars by 2035. EV drivers are charging more in the winter, but are plug-in hybrid drivers charging often enough?

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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. The value of the tax credit allowed and any other purchase incentives.

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Tax Credit Tax Clean Cleaning 119

Electrek

JUNE 30, 2023

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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Tax Credit Tax Available Electric Vehicles 132

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 amount to a $7,500 discount for most buyers. The credits were passed after the 2007 federal Energy Independence and Security Act to promote the sale of electric cars.

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Tax Credit Tax Buy Electric Cars 110

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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Tax Credit Tax GM General Motors 125

Green Car Congress

AUGUST 30, 2015

A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Electric Vehicle Credit. Average credit per tax return, by income level. billion (19.3%).

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Tax Credit 2006 Tax Plug-in 150

Teslarati

MARCH 23, 2023

government’s tax credit for consumers to buy electric vehicles has been a significant driver regarding the demand for EVs. The standard range Model 3 is assembled in the United States at the Fremont, California facility but receives its LFP batteries from China, which would make it ineligible for the tax credit.

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Tax Credit Tax Tesla United States 141

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 107

Green Car Reports

MARCH 29, 2019

Consumers have less than three days to buy a plug-in Chevy Volt or Bolt EV from GM and still qualify for the full $7,500 federal tax. Nor does GM have any plans to cut prices after the tax cut expires on Monday, as Tesla did with its cars after the tax credit.

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Tax Credit Tax Volt Chevrolet 133

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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Tax Credit Tax Electric Cars Buy 120

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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Tax Credit Tax Electric Vehicles Vehicles 110

Green Car Reports

MAY 2, 2019

The new version is designed to limbo under the $45,000 (Canadian) price cap on Canada's new $5,000 (Canadian) electric-vehicle tax credit, which was itself designed to exclude wealthy Tesla buyers from receiving government rebates for buying their new cars.

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Tax Credit Canada Tax Tesla 119

Green Car Reports

MAY 29, 2018

Adding to Elon Musk's headaches this month, Tesla is about to hit the limit on federal tax credits for electric cars. The tax credits, passed in 2008 as part of the Energy Improvement and Extension Act and signed by President George W. Bush, grant taxpayers who buy.

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Tax Credit Tax Price 2008 120

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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Tax Credit Tax Cleaning Clean 111

Green Car Congress

NOVEMBER 25, 2015

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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Colorado 2015 Nissan Buy 150

Green Car Congress

NOVEMBER 18, 2021

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.

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Green Car Reports

MARCH 31, 2023

Department of the Treasury on Friday posted guidance for battery materials, helping to clarify whether those buying EVs as soon as later next month will be able to claim the $3,750 credit dedicated to this under the new Clean Vehicle Credit.

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Tax Credit Tax Buy Clean 176

EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

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Tax Credit Tax Manufacturer Parts 111

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.

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Tax Credit Tax Nissan Tennessee 103

Electrek

DECEMBER 13, 2024

If youre thinking about buying or leasing an EV this month to secure the $7,500 federal tax credit, head to PlugStar.com , because it has everything you need.

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Buy Tax Credit Tax 112

Green Car Congress

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge.

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InsideEVs

DECEMBER 10, 2023

But only if you buy one for less than $80,000.

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Tax Credit Tax Buy Tesla 145

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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Tax Credit Tax Available Electric Vehicles 103

CleanTechnica EVs

DECEMBER 21, 2024

My guy and I have been gently prodding my brother to buy an EV. continued] The post This Is The Time To Buy An EV Tax Credits Will Expire Soon And Musk Doesn’t Care appeared first on CleanTechnica. My brother owns a home in Boston’s north shore and a Vermont vacation home.

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Tax Credit Tax Buy Vermont 62

Green Car Congress

SEPTEMBER 1, 2020

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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Tax Credit Global Vehicles Tax 186

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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Tax Credit Congress Tax All-Electric 103

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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Tax Credit Tax Clean Cleaning 95

InsideEVs

NOVEMBER 24, 2024

A used PHEV can be tempting, especially with the potential eligibility for a federal tax credit.

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Tax Credit Plug-in Buy PHEV 117

Green Car Congress

SEPTEMBER 4, 2012

Conversions target 250M existing vehicles on the roads, can save over 40% of fuel use or no fuel at all, have a smaller carbon footprint than new car since they reuse most of the original vehicle, and cost less to buy as an incremental expense making plug-in more affordable.

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Conversion Obama Plug-in Tax 286

Green Car Reports

OCTOBER 24, 2018

Beginning next April, buyers of General Motors’ electric vehicles and plug-in hybrids won’t be getting the same break on their purchase as those who buy those vehicles from any other brand. Any other brand but Tesla, that is.

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Tax Credit GM Tax General Motors 144