Blink Charging

DECEMBER 15, 2023

Opting for an electric vehicle and leveraging the EV tax credit to help with your next electric vehicle purchase is a smart move. One such incentive is the Clean Vehicle Credit , a key component of the Biden administration’s Inflation Reduction Act. View IRS instructions for claiming credit.

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Tax Credit Tax Electric Vehicles North America 52

EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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Tax Credit Tax F-150 PHEV 116

EV Life

JANUARY 4, 2024

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

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Tax Credit Tax Personal F-150 52

Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. More on that below.

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Tax Credit Tax Electric Vehicles Vehicles 52

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

EV Adoption

FEBRUARY 23, 2021

On February 5, Mike Thompson , Chairman of the House Ways and Means Subcommittee on Select Revenue Measures announced the introduction of the Growing Renewable Energy and Efficiency Now (GREEN) Act (PDF). Buyers can claim a base credit of $1,250 for the purchase of qualifying used EVs, with additional incentives for battery capacity.

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Tax Credit Tax Sale Plug-in 98

Teslarati

AUGUST 11, 2021

The United States Electric Vehicle Tax Credit is one of the most notable advantages of purchasing a battery-electric car. billion for EV charging infrastructure, which many automakers, including Tesla , will qualify for as long as multiple car companies can use the chargers. The Infrastructure Bill has set aside $7.5

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Tax Credit Tax West Virginia United States 98

EV Life

MAY 19, 2023

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.

Tax Credit 52

Tax Credit Tax Personal F-150 52

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

Charged EVs

SEPTEMBER 22, 2022

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

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Tax Credit Tax North America Clean 66

Green Car Congress

APRIL 5, 2023

Sila, a next-generation battery materials company, announced the availability of its high-performance nano-composite silicon (NCS) anode material, Titan Silicon. Titan Silicon delivers a 20% energy density boost over the industry’s best performing cells and will achieve a 40% increase in future releases, according to the company.

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Range Charging Tax Credit Lithium Ion 446

Electric Vehicles India

SEPTEMBER 15, 2021

Democrats propose expansion of tax credits for electric vehicles. Democrats have proposed an expansion of tax credits for electric vehicles. It wants to include a new incentive for the purchase of electric vehicles in its $3.5 trillion social spending bill. The incentive was introduced on Friday as part of the $3.5

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Tax Credit Tax Electric Vehicles Vehicles 67

EV Connect

JANUARY 4, 2021

Both state and federal governments are encouraging businesses and individuals to start making the switch to EVs, and they are putting up the funds to make it happen — in the form of generous, aggressive EV charging infrastructure tax credits. And good news — this tax credit has been extended through 2021.

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Tax Credit Tax Charging District of Columbia 52

EV Connect

AUGUST 2, 2021

And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. On the federal, state and local levels, there are a plethora of tax credits for installing electric-vehicle charging stations. They include incentives for installing EV charging stations.

Tax Credit 52

Tax Credit Tax Electric Vehicles Charging 52

Teslarati

NOVEMBER 6, 2021

The new EV tax credit breakdown could award as much as $12,500 for an EV purchase, but that’s not the best part. Additionally, vehicles purchased from a unionized plant will provide an extra $4,500, with $500 more if US-produced batteries are used in the car. Vehicle Type Price Caps. EV market in the coming years.

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Tax Credit Manufacturer Tax F-150 145

Green Car Congress

MAY 17, 2023

This is a drop-in solution for lithium-ion batteries that delivers high energy density and fast charging capabilities, making it suited for use in electric vehicles (EVs) and other applications requiring high-performance batteries. Earlier post.) In addition, Ionisil will add zero cost per unit of capacity to existing batteries.

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Li-ion Manufacturer Lithium Ion Production 259

Blink Charging

FEBRUARY 1, 2024

federal government is actively facilitating EV adoption, aiming to simplify the purchasing process for consumers , encourage companies to electrify their fleets , and assist businesses in installing EV charging stations. These rates incentivize both consumers and businesses to shift non-essential electricity usage to off-peak hours.

Energy Storage 102

Energy Storage Energy Batteries Battery 102

Blink Charging

JANUARY 19, 2024

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.

Tax Credit 94

Tax Credit Tax North America Clean 94

Green Car Congress

OCTOBER 22, 2020

The Volvo XC40 Recharge, the company’s first fully electric vehicle, will carry an MSRP of $53,990 when it arrives in US showrooms later this year. The purchase of an XC40 Recharge may qualify for a federal tax credit of up to $7,500. The two companies have been development partners for the past several years.

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Recharge Volvo Tax Google 400

Green Car Congress

DECEMBER 10, 2014

California is home to almost half of all of the nation’s PEVs, but even in California, only about 5 out of every 1,000 registered vehicles are PEVs, according to the US Energy Information Administration (EIA). Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. Electric vehicles per 1,000 vehicles.

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Plug-in Tax Credit California Rhode Island 381

Green Car Congress

SEPTEMBER 19, 2013

Dreher, Acting Assistant Attorney General for the Justice Department’s Environment and Natural Resources Division, announced the return of two indictments against six individuals and three companies for offenses involving federal renewable fuel programs, allegedly creating losses to victims totaling more than $100 million. —Robert G.

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Indiana Tax Credit Companies Tax 239

Green Car Congress

NOVEMBER 12, 2022

FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The SemiSolid platform enables capital and energy efficient production of lithium-ion batteries at scale. According to Rystad Energy, to satisfy a 1.6-degree billion through 2029.

Georgia 150

Georgia Batteries Battery Tax Credit 150

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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Fleet Tax Credit Vehicles Tax 92

EV Connect

FEBRUARY 1, 2021

As our country drives toward an all-electric future, businesses everywhere have taken advantage of federal tax credits that can help offset the costs of installing electric vehicle infrastructure and equipment. While those credits have been extended into 2021, they are not the only way for your business to maximize your investment.

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Oregon Portland Tax Credit Tax 98

Green Car Congress

MARCH 21, 2018

Delek US Holdings has sold AltAir Paramount, LLC and Delek’s Paramount, California refining and pipeline assets to an affiliate of Boston-based World Energy, LLC, a major biodiesel producer. million, taking into consideration estimated working capital, Delek US’ portion of the biodiesel tax credit for 2017, and deal costs.

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Renewable Diesel Energy Long Beach 150

Setec Powerr

MAY 5, 2023

In this article, we will explore the top states that provide the best incentives for purchasing an electric vehicle, helping you make an informed decision. Colorado Colorado offers a state tax credit of up to $4,000 for the purchase or lease of a new electric vehicle.

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Electric Vehicles New Jersey Tax Credit Oregon 98

Green Car Congress

MARCH 7, 2012

The President also announced a new research Clean Energy Grand Challenge—EV Everywhere—to make electric-powered vehicles as affordable and convenient as gasoline-powered vehicles for the average American family within a decade. Tax credits. EV Everywhere.

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Alternative Fuels Obama Purchase Tax Credit 240

Teslarati

APRIL 10, 2023

When Tesla Asia announced the company’s new Megafactory in China, US Presidential Candidate Vivek Ramaswamy had some reservations. The facility is planned to be capable of producing 10,000 Megapacks per year, or nearly 40 GWh of energy storage. Whereas everyone else except for GM gets the $7,500 tax credit.

Parts 145

Parts Tax Credit Nevada Texas 145

Blink Charging

OCTOBER 11, 2023

Between the United States federal government, state, and local governments; power companies and utilities; and air pollution control districts, there are hundreds of incentives for fleet owners to switch from internal combustion engine vehicles to electric vehicles (EVs). Learn more about states that have verified Blink as a state vendor.

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Fleet Tax Credit Charging Tax 52

Clean Fleet Report

SEPTEMBER 8, 2022

The Inflation Reduction Act of 2022 is the federal government’s largest investment in clean energy and includes substantial incentives aimed to accelerate electric vehicle adoption in America. The Bolt EV could help a company meet its ESG goals. American-made EVs are getting a boost. Securities and Exchange Commission.

Fleet 77

Fleet Tax Credit Tax Carbon 77

EV Life

OCTOBER 15, 2020

EV Life, a car site dedicated exclusively to electric vehicles, announced that it was 1 of 28 companies to win a CalSEED grant from the California Energy Commission (CEC). Now more than ever, investing in California’s entrepreneur ecosystem means investing in a resilient clean energy future.”. Scott, Vice-Chair of the CEC.

Financing 98

Financing Grant Gas-Electric California 98

Teslarati

NOVEMBER 17, 2021

If the fans and owners of the car companies that will not receive specialized treatment due to unions, at least they can sleep at night knowing the outdated legacy companies will receive a boost, which will only accelerate the United States’ transition to electric vehicles. billion in incentives, Reuters reports.

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Building Tax Credit Tax GM 122

Teslarati

MARCH 16, 2023

Lordstown sold its Ohio factory to the company in an effort to save it from extinction. The Asset Purchase Agreement was executed in November 2021, and essentially helped start production of the Endurance electric pickup. ” The move highlights companies bringing EV battery production to the U.S.

Wisconsin 133

Wisconsin Batteries Battery Production 133

Green Car Congress

NOVEMBER 18, 2021

The base Fisker Ocean Sport trim level is priced at $37,499, before federal and state tax credits. CATL and Fisker have worked in close collaboration to create segment-leading, high-energy packs that CATL will produce for the Fisker Ocean. The company calls these technologies PowerCar, Power Grid, and PowerHouse.

Fisker 449

Fisker Auto Production Los Angeles 449

Clean Fleet Report

DECEMBER 27, 2021

Rebates & Tax Credits Don’t Help Most Americans. Even though there are generous EV tax credits, rebates from states and utilities, and other incentives that can save drivers $10,000 or more per EV, most people aren’t aware these programs even exist. EV Climate Loans Help Close the Incentives Gap.

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Affordable Tax Credit Climate Tax 80

EV Connect

AUGUST 9, 2021

Federal tax credits for electric vehicles have been extended through 2021, and the Clean Energy for America Act would extend those credits even further. Additionally, the tax credit would only expire once 50% of new cars sold in the US are EVs.

Colorado 52

Colorado Tax Credit Tax Purchase 52

Baua Electric

JANUARY 10, 2024

Hertz is starting to sell some of its Tesla Model 3s and they are going for pretty cheap – as low as $14,000 with the used EV tax credit. Back in 2021, Hertz announced an important effort to electrify its fleet of rental cars, led by a massive purchase of 100,000 Tesla Model 3 vehicles. Therefore, they are often a bit beat up.

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Tax Credit Cheap Tesla Solar 52