article thumbnail

Proposed US EV Tax Credit Will Make Tesla Semi Super Cheap

InsideEVs

Class 8 trucks aren't cheap, and electric versions are pricier. A $40,000 tax credit will make a huge difference.

article thumbnail

NACFE releases guidance report on hydrogen fuel cell heavy-duty trucks

Green Car Congress

Hydrogen is a regional solution, cheap hydrogen even more so. Incentives, grants, credits, tax breaks will be around for a while. The debate on infrastructure is irrelevant if there is no demand. The ability to scale truck demand will be limited by the nature of truck production volumes and market forces.

Hydrogen 482
article thumbnail

Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

Long-range all-electric trucks like the Tesla Semi will not come cheap. The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits. I really expect Tesla to raise prices on the Semi, its too cheap at this point.

article thumbnail

Governor George Pataki Calls for 40% Penetration of Electric Drive Vehicles in US by End of Decade

Green Car Congress

Incentivize auto manufacturers, for example, by exempting the profits resulting from the sale of the first 10 million vehicles that deliver more than 75 mpg from any corporate taxes. ” Pataki suggested converting the tax credit to a rebate, for three years or for five. Gasoline is too cheap. Consumers and Charging.

article thumbnail

Cadillac Gives Details On the 2026 Lyriq-V

The Truth About Cars

Cadillac priced the Lyriq V at $79,990 to start, which excludes options, taxes, and the destination charge. Thats not cheap, but its not far off the prices set by its competitors. The Lyriq-V also gets a unique steering wheel, and Nappa leather is available with you guessed it V stitching.

Cadillac 109
article thumbnail

Credit Suisse Predicts Renewable Energy That Is “Too Cheap To Meter” By 2025

CleanTechnica EVs

Credit Suisse says the Inflation Reduction Act will have such a tremendous impact on renewable energy that the US may see the levelized cost of electricity from renewable sources fall to less than 1 cent per kWh hour by 2025 after factoring in all tax and production credits. Now, before we get all gaga over […].

Renewable 145
article thumbnail

Subaru Crosstrek Hybrid, cheap renewables, tax credits: Today's Car News

Green Car Reports

Automakers join forces to lobby for extending electric-car tax credits. California regulatory documents show range estimates for the new Subaru Crosstrek Hybrid. A new report shows that building new renewable power can be cheaper than running old coal plants. And California preps for half a million electric cars.