The Truth About Cars

JANUARY 4, 2024

The EV tax credit rules changed again at the beginning of 2024, and stricter requirements on battery materials sourcing cut several previously qualified models from the list. Most GM models failed to make the cut, at least temporarily, and the automaker is offering $7,500 compensatory discounts to keep sales flowing.

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Tax Credit GM Tax Cadillac 111

Baua Electric

JULY 11, 2024

Solar and battery systems provider Enphase Energy has introduced new residential and commercial products made in the United States that will help bolster the percentage of available federal tax credits available to customers installing the tech. We are helping to make a meaningful impact on the future of energy in America.

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Tax Credit Tax Solar Energy 52

CleanTechnica EVs

OCTOBER 8, 2023

On January 1, 2024, the federal EV tax credit for new and used electric cars becomes a point of sale rebate for buyers.

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Tax Credit Tax Electric Cars Sale 130

Teslarati

JANUARY 3, 2024

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. In December, GM said it would temporarily lose eligibility for the credit on some of its cars. can qualify for EV tax credits. Now, just 19 EVs in the U.S.

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Tax Credit General Motors Tax Motoring 119

CleanTechnica EVs

JUNE 15, 2022

Some experts argue that the current tax credit doesn't begin to address the needs for transitioning to zero emissions, all-electric transportation.

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Tax Credit Tax Congress Sale 98

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).

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Tax Credit Tax Electric Vehicles North America 72

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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Tax Credit Tax Buy Purchase 52

Setec Powerr

APRIL 26, 2023

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 In 2023, the tax credit remains available for eligible new electric vehicles but has undergone some changes compared to previous years.

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Tax Credit Tax Electric Cars Cars 52

CleanTechnica EVs

JULY 12, 2024

Customers Can Now Realize Upfront Savings with Clean Vehicle Tax Credit Integration at Point of Sale Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced the launch of new features that make shopping for and buying a used electric vehicle (EV) or plug-in hybrid.

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EV Life

APRIL 7, 2023

Yet, despite record sales, they still seem out of reach for most Californians. In this article, we’re going to show you how California residents can save over $15,000 on Tesla Model 3 and Model Y by taking advantage of available EV tax credits, rebates, and incentives. Not anymore.

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Tax Credit Tax Tesla Purchase 52

Green Car Reports

NOVEMBER 4, 2019

House leadership Wednesday to show support for reforming clean energy tax policies. One key element of the plan is an expansion of the federal EV tax credit Proponents of reform are calling for an increase in the existing cap of 200,000 eligible sales per manufacturer to 600,000, with a.

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EV Life

JANUARY 11, 2024

Colorado is one of the newest states looking to accelerate widespread EV adoption through aggressive financial incentives, introducing an electric vehicle tax credit for its residents in 2023. This is great news for Tesla fans, as many Tesla models qualify for the credit. And the federal tax credit just got even easier to use.

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Tax Credit Tax Colorado Tesla 52

Green Car Congress

MARCH 22, 2013

The California Air Resources Board (ARB) has put an additional $6 million into the state’s Clean Vehicle Rebate Project. This can be combined with an up to $7,500 clean vehicle federal tax credit and various other regional incentives. Along with another infusion of $4.5

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Teslarati

AUGUST 7, 2023

Used Teslas will now qualify for the $4,000 tax credit through the Inflation Reduction Act (IRA) that is applicable for electric vehicles (EVs), Plug-In Hybrid Electric Vehicles (PHEVs), and Fuel Cell Electric Vehicles (FCEVs). However, there is one tough yet significant hoop to jump through for a used Tesla to qualify for the credit.

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Tax Credit Tax Tesla Plug-in 98

Green Car Reports

FEBRUARY 1, 2018

Today, we've got bad news from our capitol (again), an electric Harley Davidson on the way, an explanation of which carmakers may lose income-tax credits for electric-car sales, and a January plug-in car sales report. For the first time since modern electric cars went on sale seven years ago, two makers face.

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Tax Credit Tax Plug-in Plug 75

Green Car Congress

JANUARY 9, 2010

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. President Obama announced the award of $2.3 The 183 projects in 43 states include several for the manufacturing of advanced batteries; biomass projects; and vehicles.

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Tax Credit Obama Tax Clean 210

EV Adoption

SEPTEMBER 7, 2021

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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Tax Credit Tax Parts Purchase 59

Green Car Congress

FEBRUARY 8, 2023

This approval will now enable customers of Nikola’s Tre FCEV to access a point-of-sale incentive starting at $240,000 and ranging up to $288,000 per truck, in 2023. Customers will also be eligible for a $40,000 clean commercial vehicle tax credit from the federal government due to the passage of the “Inflation Reduction Act”.

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Tax Credit Los Angeles Long Beach Scrappage 150

Teslarati

OCTOBER 23, 2023

Colorado has voted to approve a new standard on the adoption of electric vehicles (EVs), with an additional goal set for 2032 and new guidance for increasing EV sales beginning in 2027. Notably, the release says that the standard does not prohibit the sale or use of non-electric vehicles with internal combustion engines (ICEs).

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EV Match

DECEMBER 29, 2020

The Alternative Fuel Infrastructure Tax Credit expires at the end of the year. Don’t forget to take advantage of the 30% federal tax credit, up to $1,000 for residential properties and $30,000 for commercial properties. May 2021 bring more clean energy and electric vehicles to all. Happy New Year!

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Green Car Congress

MARCH 30, 2023

The California Air Resources Board (CARB) Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) program, played a significant role in securing many of the 100 sale orders that are expected to convert to purchase orders following the satisfactory completion of the demonstration programs.

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Hydrogen Scrappage Tax Credit Commercial 186

Green Car Congress

DECEMBER 23, 2022

CARB’s ZEP Executive Order is a certificate of compliance with CARB regulations for zero-emission powertrains determined to meet specific emissions standards required for sale in California. Obtaining this certification is also a requirement for vehicles to qualify for HVIP.

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Scrappage Tax Credit Purchase California 435

Blink Charging

JANUARY 19, 2024

million domestic sales, to an anticipated 10% by the close of 2024 in the U.S. Here’s what you need to know about using the EV tax credit to lease your new electric vehicle. Here’s what you need to know about using the EV tax credit to lease your new electric vehicle. in 2023, which witnessed a record 1.2

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Tax Credit Tax North America Clean 94

Green Car Congress

FEBRUARY 28, 2012

Toyota Motor Sales, Inc. announced that the 2012 Prius Plug-in has been approved for the State of California’s Clean Vehicle Rebate Program ( CVRP ). The 2012 Prius Plug-in also offers consumers eligibility for the State of California’s HOV lane sticker.

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Tax Credit Prius Plug-in Rhode Island 231

Green Car Congress

OCTOBER 23, 2014

Nichols in Diamond Bar, California to announce that sales figures from around the country now show ZEV sales of more than 260,000 vehicles, with the quarter-million mark reached in September. Maryland expanded a tax credit for vehicle purchase and leasing and converted a tax credit for charging equipment to a rebate.

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Maryland Sale Massachusetts Rhode Island 268

Baua Electric

MAY 8, 2024

According to the data gathered, Carvana saw that its used EV sales mix achieved new highs while the price margin compared to traditional combustion vehicles narrowed. The EV trends report combines Carvana’s EV sales data by state plus other metrics from Kelly Blue Book and MarketCheck. of Carvana’s sales in The Sunshine State were BEV.

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Sale Price Tax Credit Arkansas 52

CleanTechnica EVs

APRIL 25, 2024

The Volvo EX30 goes on sale in the US this summer. Will it manage to avoid import tariffs and qualify for federal tax credits? The post How The Chinese-Made Volvo EX30 Will Deal With US Tariffs & Incentives appeared first on CleanTechnica.

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Volvo Chinese Tax Credit Tax 103

Teslarati

AUGUST 9, 2021

Longtime Tesla bull ARK invest recently identified battery cost declines as a form of “good deflation” that could lead to a boost in EV sales. Credit: Manheim Index ). Battery cost declines could decrease EV production costs and improve range, which may boost electric vehicle sales in the long run.

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Clean Fleet Report

SEPTEMBER 11, 2024

tax credit at start of sale. If leasing, all Ioniq 5 models qualify for the $7,500 credit that Hyundai passes on to consumers. The Ioniq 9 is coming Ioniq Seven EV First shown at the 2021 Los Angeles Auto Show as the Seven Concept, the retitled Hyundai Ioniq 9 is expected to go on sale sometime in 2025.

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Hyundai Tucson Los Angeles Tax Credit 68

Setec Powerr

MAY 5, 2023

California provides up to $4,500 in rebates through the Clean Vehicle Rebate Project (CVRP), based on income eligibility. Colorado Colorado offers a state tax credit of up to $4,000 for the purchase or lease of a new electric vehicle. This rebate is available for new electric vehicles and plug-in hybrids.

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Electric Vehicles New Jersey Tax Credit Oregon 98

Electric Auto Association

APRIL 7, 2023

The inaugural Route Zero Road Trip targets clean air standards and the open road with American-powered electric vehicles visiting Old Route 66 destinations. Route Zero Road Trip celebrates clean air standards and American-powered electric vehicles by visiting destinations on the old Route 66. See more on the EV fact sheet.

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Tax Credit Los Angeles Kansas City Tax 89

CleanTechnica EVs

NOVEMBER 2, 2023

Lavish tax credits. You’d think that sales of electric vehicles (EVs) would be rising exponentially, right? New model launches. Price cuts. Instead, legacy automakers are pulling back from what had been feverish investments in battery gigafactories and excited announcements of new EVs models.

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Tax Credit Tax Ford Sale 119

Plug in America

DECEMBER 21, 2023

in a year First NEVI charging stations up and running Gasoline sales have passed their peak It’s been a busy year here on the policy team. Clean Vehicle Tax Credits Clean vehicle tax credits kicked into high gear in 2023. New Mexico adopted the Advanced Clean Cars II standard (ACC II).

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Electric Auto Association

SEPTEMBER 9, 2022

EV provisions The legislation creates a new and used EV tax credit, extending the tax credit on some new EVs to 2032 while shifting tax incentives to more affordable models that are manufactured in North America. This will support millions more low- and middle-income families than the original credit.

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Tax Credit North America Tax Kentucky 90

Blink Charging

APRIL 4, 2023

Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations. Limited time to claim tax credits for EV fleets There are currently numerous incentives to purchase EVs and EV charging equipment.

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CleanTechnica EVs

FEBRUARY 14, 2023

of new vehicle sales in Colorado were electric vehicle sales in 2022. That’s a great result in the USA, which as a whole is closer to 6% or 7% of new vehicle sales being electric. Last year, Colorado saw its EV uptake pass the symbolically important 10% marker. In the end, 10.5% Colorado got to […]

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Colorado Sale Electric Vehicles Vehicles 142

Baua Electric

SEPTEMBER 26, 2024

Hyundai’s new 2025 IONIQ 5 Limited with a Tesla NACS port (Source: Hyundai) EVs are creating jobs and attracting investments in GA Since 2018, Georgia has attracted over $28 billion in investments to build electric vehicles, batteries, and other clean energy initiatives. The funding has already attracted over 36,000 new jobs.

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Georgia Hyundai Tax Credit Atlanta 52