Teslarati

JANUARY 25, 2024

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 units with batteries from SK On qualify for federal tax credits. 4 EV may choose to apply the tax credit as a down payment for the vehicle. The 2023 ID.4 Only VW ID.4

Tax Credit 136

Tax Credit Tax Batteries Battery 136

The Truth About Cars

DECEMBER 7, 2023

Earlier this year, the rules around EV tax credits seemed to be changing every other week. While things have calmed down since then, we’re about to see more action on the topic, as the Treasury recently released new guidance on battery materials sourcing that will upend credits for some EVs.

Tax Credit 103

Tax Credit Tax Ford Kentucky 103

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. On the other hand, new eligibility requirements have also taken effect, and some EVs didn’t make the cut. Which Electric Vehicles Still Qualify for the Tax Credit?

Tax Credit 52

Tax Credit Tax Personal F-150 52

Electrek

FEBRUARY 15, 2024

The new year rolled out a new plan where EV shoppers could get on-the-spot tax rebates when purchasing a new electric vehicle, with auto dealers then handling the paperwork and waiting to get reimbursed by the government.

Tax Credit 109

Tax Credit Tax Dealers Purchase 109

Teslarati

FEBRUARY 27, 2024

4 82 kWh model qualifies for the Inflation Reduction Act’s (IRA) full federal tax credit. 4 models with SK On components are eligible for the full $7,500 federal tax credit because the updated VW ID.4’s Customers can apply the tax credits as a down payment for the VW ID.4 The 2024 Volkswagen ID.4

Tax Credit 93

Tax Credit Tax Tennessee Georgia 93

Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024.

Tax Credit 52

Tax Credit Tax GM Cadillac 52

EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives?

Tax Credit 52

Tax Credit Colorado Tax Electric Vehicles 52

Electrek

APRIL 4, 2023

Before it reaches dealers, I got the chance to travel to Portugal and experience several variations of this model for myself, below are my first impressions. more… The post Mercedes EQE SUV first drive: Luxury, performance, and potential tax credits could make for a hit in the US appeared first on Electrek.

Tax Credit 109

Tax Credit Mercedes Tax SUV 109

Teslarati

JANUARY 11, 2024

We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup. He plans to attend the National Automobile Dealers Association convention and make a pitch to the auto dealers.

Fisker 122

Fisker Dealers For Sale Auto 122

Baua Electric

JANUARY 24, 2024

4s will qualify for the full US EV tax credit in 2024 – here’s the lowdown on eligibility. 4s with US-manufactured SK On battery components placed in service in 2024 will be eligible for the full $7,500 federal tax credit. Click here to find a local dealer that may have the Volkswagen ID.4 VW 2023 and 2024 ID.4s

Tax Credit 52

Tax Credit Tax Solar Georgia 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.

Tax Credit 52

Tax Credit Tax Buy Purchase 52

Baua Electric

MARCH 28, 2024

Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Kia America’s head of corporate communications, James Bell, told Nikkei that moving EV9 production to its West Point, GA plant will enable it to qualify for a part of the EV tax credit. FTC: We use income earning auto affiliate links.

Tax Credit 52

Tax Credit Kia Tax Production 52

The Truth About Cars

APRIL 24, 2024

dealer network , giving it stores in several new areas and growing its footprint to 18 dealerships in seven states. VinFast added 12 stores, with new dealerships in Connecticut and Kentucky, five new locations in Florida, and four in Texas. The company recently announced an expansion to its U.S.

Dealers 97

Dealers North Carolina Tax Credit Vietnam 97

Baua Electric

JANUARY 3, 2024

You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale. But you may want to act fast.

Tax Credit 52

Tax Credit Tax GM Buy 52

Plug in America

OCTOBER 11, 2023

1, 2024, the New Clean Vehicle Tax Credit (30D) and Used Clean Vehicle Tax Credit (25E) will be available at the time of sale from your local dealer because the tax credit can be transferred to the dealer. The dealer will give you the necessary paperwork at the time of sale.

Tax Credit 121

Tax Credit Buy Tax Dealers 121

Electric Vehicles India

NOVEMBER 1, 2021

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . A proposed US tax credit for new electric bicycle purchases bumped backed up to a full 30%. The bicycle market in India is valued at USD 0.9 billion with 15 million bikes a year. billion, a fraction of the European market.

Tax Credit 80

Tax Credit Tax Electrical Electric 80

Electrek

FEBRUARY 21, 2023

In this case, Tesla’s steep price cuts combined with gaining access to federal tax credits have sent shockwaves through the industry. Let’s take a look at the first price drops from legacy automakers… more… The post Tesla price cuts spur dealer discounts and manufacturer incentives on other EVs appeared first on Electrek.

Dealers 96

Dealers Manufacturer Tax Credit Price 96

The Truth About Cars

JULY 12, 2023

Axios recently highlighted the issue and found that dealers have EV inventory sitting on their lots for extended periods, suggesting that supply is significantly outpacing demand. Part of the issue with some EV models is their sky-high price tags, and the most expensive models aren’t eligible for government tax credits.

Dealers 98

Dealers Tax Credit Gas-Electric Supplies 98

The Truth About Cars

FEBRUARY 1, 2024

A recent survey, conducted by Automotive News , has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. As for dealers, there’s some amount of disagreement as to what’s holding EVs back.

Dealers 104

Dealers Auto Durango Tax Credit 104

Teslarati

OCTOBER 25, 2024

Consumers were also interested in real-world range under varying conditions, tax credits and rebates, as well as home and public charging. “Consumer interest in cleaner vehicle types continues to be strong, but many consumers still have a lot of questions. The results of Consumer Reports’ survey can be viewed below.

Tax Credit 143

Tax Credit Cleaner Dealers Re-Charge 143

Green Car Congress

MAY 3, 2023

MSRP excludes destination/delivery fee, optional equipment plus government fees and taxes, any finance charges, any dealer processing charge, any electronic filing charge, and any emission testing charge. The Mustang Mach-E qualifies for potential Inflation Reduction Act federal tax credits in 2023 of $3,750.

Standards 417

Standards Range Ford Price 417

Baua Electric

NOVEMBER 18, 2024

Despite the EV9’s successful debut, new concerns about the EV tax credit are reportedly causing Kia to scale back — at least for now. Despite the early success, Kia reportedly plans to slow output due to new concerns over the federal EV tax credit. billion EV manufacturing plant in Georgia.

Kia 52

Kia Tax Credit Sale Tax 52

Clean Fleet Report

SEPTEMBER 11, 2024

The XRT will be built in the new Hyundai Motor Group Metaplant America (HMGMA) facility in Savannah, Georgia. Scheduled to be in dealers in fall 2024, it will be eligible for a $3,750 U.S. tax credit at start of sale. If leasing, all Ioniq 5 models qualify for the $7,500 credit that Hyundai passes on to consumers.

Hyundai 68

Hyundai Tucson Los Angeles Tax Credit 68

The Truth About Cars

SEPTEMBER 17, 2024

In addition to opening a new configuration tool on its website, Dodge said prospective buyers could head to DodgeGarage.com to view dealers with inventory in stock or on the way. The cars are expected to start landing on dealers’ lots in the fourth quarter of this year. Images: Dodge] Become a TTAC insider.

Dodge 100

Dodge Tax Credit MPH Dealers 100

Baua Electric

OCTOBER 22, 2024

Before we get too deep into this new Ford Fleet Order Discount, it’s important to note that the $7,500 Fleet Order Discount is distinct from the Federal $7,500 tax credit. How do Federal tax credits work? That’s a great question! But even that’s not the end of it. FTC: We use income earning auto affiliate links.

Fleet 52

Fleet Ford Tax Credit F-150 52

Baua Electric

OCTOBER 28, 2024

A number of Chevrolet dealers across the nation are advertising a new 2024 Silverado EV in 3WT trim at around $60K, which is close to where Hertz is pricing year-old low-mileage examples of the fully electric pickup that are being culled from its rental fleet. Find a great deal on a Ford F-150 Lightning near you.

Silverado 52

Silverado F-150 Miles Tax Credit 52

Baua Electric

NOVEMBER 7, 2024

The post Used electric car deals are coming as lease returns expected to surge appeared first on Bauaelectric EV News. After projections for a roughly flat year in 2025, the report expects a massive increase in 2026 based on current lease data: The reason for the surge is quite simple. It’s going to be a big step in the EV revolution.

Tax Credit 64

Tax Credit Electric Cars Cars Tax 64

Baua Electric

FEBRUARY 28, 2024

REE has initiated customer deliveries of the first batch of P7-C demonstration trucks for multiple fleet evaluations in North America via its dealer network. US dealer Pritchard EV is the first to receive the P7-C demonstration truck for a road show with its large fleet customers.

Tax Credit 52

Tax Credit Charging North America Dealers 52

Baua Electric

NOVEMBER 5, 2024

With the $7,500 federal tax credit, the electric SUV could be bought for under $40,000 (not including the destination fee). You can use our link to find deals on the 2024 Honda Prologue at a dealer near you. The post Honda’s Prologue electric SUV is taking the US by storm appeared first on Bauaelectric EV News.

SUV 52

SUV Tax Credit Honda Tax 52

Baua Electric

SEPTEMBER 4, 2024

The Honda Prologue EV set a new US sales record as it rolls out to dealers nationwide. 2024 Honda Prologue Elite (Source: Honda) Honda Prologue EV sets new US sales record in August All Honda Prologue models qualify for the $7,500 EV tax credit, bringing prices down to as low as $39,900 (before destination).

Tax Credit 52

Tax Credit Sale Acura Honda 52

Clean Fleet Report

FEBRUARY 24, 2024

A New Day “100-percent Electric, 100-percent Italian” is how Fiat describes the all-new 500e. It’s scheduled to be on sale at North American Fiat dealers by early summer 2024. Possibly bigger news is the 500 will now only come with electric propulsion, dropping the gasoline engine completely. Story by John Faulkner.

North America 84

North America Los Angeles Clean Cleaning 84

Baua Electric

AUGUST 28, 2024

According to Cox Automotive , the new-vehicle ATP was $48,644 in June. According to online car research firm CarsDirect , Honda introduced a new Labor Day Dealer Cash on August 28, 2024, on all Prologue leases. Ahead of Labor Day, Honda just made the Prologue even cheaper. FTC: We use income earning auto affiliate links.

Honda 52

Honda Tax Credit SUV Acura 52

Baua Electric

OCTOBER 15, 2024

As the electric SUV rolls out to dealers nationwide, the Honda Prologue is winning over buyers. Honda Prologue becomes the 5th best-selling EV in Q3 The Prologue set a new quarterly US sales record with over 12,600 models sold over the last three months. FTC: We use income earning auto affiliate links.

Honda 52

Honda Tax Credit Sale Acura 52

Baua Electric

JUNE 21, 2024

The 2024 Model 3 / Photo: Tesla Tesla scrapped promotional financing on the Model 3 Long Range this week after it became eligible for the $7,500 federal tax credit. As Electrek reported on June 17, Tesla and the IRS confirmed that the Model 3 Long Range All-Wheel Drive is now eligible for the full tax credit.

Financing 52

Financing Tax Credit Range Tesla 52

Teslarati

JULY 11, 2023

For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. One particular reason behind the lack of sales for vehicles like the GMC Hummer EV SUV and the Hyundai Ioniq 5 may be their ineligibility for the Inflation Reduction Act’s (IRA) federal tax credits.

Tax Credit 145

Tax Credit Hummer Highlander Tesla 145

Clean Fleet Report

JUNE 4, 2022

These big price reductions, $5,900 for the Bolt EV and $6,300 for Bolt EUV, makes them more competitive as Chevrolet no longer qualifies for the federal $7,500 tax credit. In 2023 Chevrolet is launching the all-new, all-electric Equinox and Blazer models, which need to have a price differential from the Bolt models.

Chevrolet 92

Chevrolet Price Tax Credit 2020 92

The Truth About Cars

JANUARY 19, 2024

Electric vehicle demand was off the mark across the board last year, with new EVs spending way longer sitting on dealers’ lots than many expected. Even with tax credits for some models, many EVs are significantly more expensive than their gas-powered counterparts. Image: Ford] Become a& TTAC& insider.

F-150 104

F-150 Ford Tax Credit Production 104