Clean Fleet Report

SEPTEMBER 2, 2022

One of the most intriguing of these changes for car buyers is a revamped electric vehicle (EV) tax credit. How Much Can You Get from the EV Tax Credit? The new EV tax credit, like the one that preceded it, offers up to $7,500 for electric passenger cars and light trucks. A tax credit also applies to used EVs.

Tax Credit 102

Tax Credit Tax F-150 Congo 102

Cars That Think

AUGUST 20, 2022

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. Another barrier to the adoption of EVs is the price, which is largely a function of the cost of the batteries, which make the purchase price 25 to 70 percent higher than that of an equivalent conventional vehicle.

Electric Vehicles 106

Electric Vehicles Vehicles West Virginia Electric 106

Cars That Think

DECEMBER 23, 2022

For example, to receive the full $7,500 tax credit available , 40 percent of a battery’s critical minerals must be extracted from or processed in the United States or a US free-trade agreement partner, or be recycled in North America; 50 percent of the battery components must be manufactured or assembled in North America before 2024.

Sale 98

Sale Tax Credit Tax Congo 98