Green Car Reports

FEBRUARY 11, 2018

Fears that Congress would kill the federal tax credit for purchase of a plug-in electric car were laid to rest in December when that incentive survived the $1.5 billion tax-cut bill.

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Tax Credit Tax Electric Motorcycles Congress 149

Green Car Reports

MAY 12, 2017

It's clear that incentives to buy specific cars work best when they can be applied directly at the time of sale. That's why purchase rebates are widely preferred by electric-car advocates to tax credits, which may take up to 15 months to be usable, depending on the timing of the purchase and tax filing.

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Purchase Electric Cars Tax Credit California 143

Green Car Reports

DECEMBER 14, 2017

income-tax credit for purchase of a plug-in electric vehicle will not be killed after all. We'll likely never know whether it was the influence of auto lobbyists, pressure from the actual public, or a letter signed by two dozen mayors. But however the sausage was made, it appears that the U.S.

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Tax Credit Tax Electric Cars Plug-in 132

Green Car Reports

AUGUST 2, 2017

federal income-tax credit for purchase of an electric car has seen its share of attacks over the years. Now a new video seeks to twist the facts to paint those subsidies in a bad light.

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Tax Credit Tax Electric Cars Cars 121

Green Car Reports

JANUARY 29, 2018

Several years ago, Georgia offered a generous state-tax credit for purchase of a zero-emission vehicle, and its sales of electric cars boomed.

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Tax Credit Georgia Tax Electric Cars 123

Green Car Congress

DECEMBER 30, 2018

Hochrad purchased his first hybrid car more than 15 years ago, and over the years has driven dedicated electric vehicles as well. His new NEXO will deliver about five times the driving range of his first all-electric car.

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Hyundai SUV 2019 Fuel 390

Green Car Reports

NOVEMBER 13, 2017

income-tax credit for purchase of an electric car took a new turn on Thursday. HR1, the draft Tax Cut and Jobs Act introduced in the House of Representatives, would end the credit as of December 31. Senate version of the tax-reform bill introduced late Thursday, however, retains the credit.

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Tax Purchase Tax Credit Electric Cars 122

CleanTechnica EVs

APRIL 14, 2023

Consumers have a new resource for finding plug-in electric and fuel cell vehicle tax credits. Current owners and those considering an electric vehicle purchase can access a free tool developed by ORNL researchers for fueleconomy.gov.

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Tax Credit Tax Electric Cars Electric 98

Green Car Reports

DECEMBER 19, 2017

The tax reform bill likely to be voted on by the U.S. Senate and House of Representatives retained a number of provisions originally slated to be cut from the tax code. Among them was the federal income-tax credit for purchase of a plug-in electric vehicle.

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Tax Credit Tax General Motors Electric Cars 113

Green Car Reports

FEBRUARY 22, 2018

Toward the end of last year, electric-car shoppers began to think about a U.S. market without the $7,500 federal tax credit for their purchases of plug-in vehicles. While the tax credit ended up surviving the massive tax-cut bill passed in December, some automakers are still about to face the end of the incentive.

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Tax Credit Tax Electric Cars Plug-in 99

Green Car Reports

JANUARY 16, 2018

Rather to the surprise of electric-car advocates, the massive tax bill passed by the U.S. Congress in December did not eliminate the federal tax credit for purchase of a plug-in electric vehicle. Now, financial columnist James Stewart has.

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Tax Credit Tax Electric Cars Congress 98

Green Car Reports

JUNE 12, 2014

While West Coast cities have a reputation for electric-car friendliness, there''s also an Eastern success story--one in which purchase incentives play a major role.

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Atlanta Tax Credit Electric Cars Georgia 151

Green Car Congress

AUGUST 30, 2015

A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Electric Vehicle Credit. Average credit per tax return, by income level. billion (19.3%).

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Tax Credit 2006 Tax Plug-in 150

Green Car Reports

DECEMBER 29, 2011

For now, the electric-car purchase Federal income-tax credit remains safe. As we've written before, though, December 31 is the last day in which you can install an electric-car charging station and be able to deduct some of the costs from your income taxes.

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Tax Credit Tax Electric Cars Cars 96

EV Connect

JULY 1, 2024

If you have considered adding electric vehicle (EV) charging stations to your property, the cost to install EV charging stations may have prevented you from making the purchase. Recently, this tax credit has been expanded and updated that increases its value and defines what projects are eligible.

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Tax Credit Tax Charging Alternative Fuels 107

Green Car Reports

SEPTEMBER 27, 2018

The California Air Resources Board will discuss Thursday and Friday raising the state's electric vehicle rebate to offset the expiration of federal tax credits for the two largest electric-carmakers, Tesla and GM. The state offers a $2,500 subsidy for electric-car purchases.

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California Tax Credit Electric Cars Cars 152

Electric Cars Report

JANUARY 26, 2024

4 models (when released with SK On components) that are placed in service in 2024 will be eligible for the full $7,500 Federal Tax Credit on a purchase by a qualifying purchaser, making the ID.4 4s are eligible for full $7,500 Federal Tax Credit appeared first on Electric Cars Report.

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Tax Credit Tax Purchase America 105

CleanTechnica EVs

AUGUST 3, 2022

This bill would establish a federal tax credit for businesses to purchase electric and plug-in hybrid […].

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Purchase Congress Tax Credit Commercial 143

Green Car Reports

MAY 6, 2014

If you''ve bought an electric vehicle recently, chances are you may have enjoyed some of the myriad incentives currently offered on plug-in cars. Income-tax credits, purchase rebates, sales-tax exemptions, and various non-monetary incentives have been used worldwide to spur plug-in car sales growth.

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Tax Credit Global Electric Cars Tax 163

Green Car Congress

MAY 8, 2021

An additional $30 million is now available through New York State’s Drive Clean Rebate program to encourage more consumers to lease or purchase an all-electric car or plug-in hybrid electric vehicle. New rebate levels as of 30 June 2021 will be: EV Range/Price. 200 miles or more. 40 - 199 miles.

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New York New York City Tax Credit Clean 321

CleanTechnica EVs

JULY 11, 2022

New study finds the current tax credit scheme for encouraging electric vehicle purchases is less valuable to car buyers and less equitable WASHINGTON — Financial incentives play an important role in the widespread adoption of electric vehicles.

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Tax Credit Tax Electric Vehicles Washington 98

CleanTechnica EVs

MARCH 16, 2024

federal EV tax credit provided that the customer meets all purchase and income qualifications for the EV tax credit as outlined in Internal Revenue Code Section 30DOpens. continued] The post 2024 Nissan LEAF Regains Eligibility for up to $3,750 EV Tax Credit appeared first on CleanTechnica.

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Tax Credit Tax Nissan Nashville 95

Green Car Reports

NOVEMBER 21, 2011

For several years now, the Federal Government has offered tax credits to people buying brand new highway-capable electric cars, as well as those installing electric car charging stations.

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Tax Tax Credit Electric Cars Charging 114

Green Car Reports

JUNE 4, 2018

After a three-year hiatus, Texas has reinstated purchase rebates for plug-in electric and other alternative-fuel vehicles. Texans who buy electric cars after Sept. 1 can get a $2,500 rebate from the state, according to a report in the Dallas Morning News, in addition to the $7,500 tax credit from the federal government.

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Alternative Fuels Texas Tax Credit Dallas 164

Green Car Reports

JULY 11, 2017

Incentives for the purchase of a plug-in battery-powered vehicle continue to be a powerful motivation to get new buyers to consider electric cars. The federal income-tax credit of $2,500 to $7,500 has long been supplemented by various state programs, including a purchase rebate in the crucial California market.

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California Tax Credit Electric Cars Purchase 113

Green Car Reports

JULY 6, 2017

The state of California has a long track record of supporting electric cars and doing everything possible to ensure plug-in vehicles can be obtained by the largest number of drivers. Aside from the Federal income-tax credits available nationally, the state of California has its own purchase rebates.

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Tax Credit Electric Cars Tax California 108

Green Car Reports

JUNE 8, 2018

A new study found there's more support for electric cars than knowledge or interest. And Waymo's purchase of up to 62,000 Chrysler Pacific Hybrids could account for one-third of FCA's available consumer tax credits. Scientists have discovered a way to recapture CO2 and recycle it into fuel.

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CO2 Kia Tax Credit Electric Cars 119

Green Car Reports

MAY 28, 2014

Electric cars enjoy many incentives, from tax credits and purchase rebates through carpool-lane access, to encourage buyers to give them a try.

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Tax BMW Tax Credit New Jersey 152

Green Car Congress

SEPTEMBER 19, 2018

Charge Ready NY rebates can be combined with New York State’s 50% tax credit for installing charging stations. The tax credit is applied after the rebate amount received from NYSERDA. Since its launch, more than 9,000 New York residents have received rebates totaling more than $12 million.

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Installation New York Available Tax Credit 220

Green Car Reports

MAY 8, 2019

Electric-car sales skyrocketed in the U.S. The growth came not only as Tesla's production blew through its allotment of federal tax credits, but also as changes based on the 2017 tax law raised many taxpayers' tax bills, come last month. last year as Tesla Model 3 production ramped up.

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Tax Tax Credit Purchase 2017 109

Green Car Reports

JANUARY 9, 2018

Virginia is for lovers—and it may soon be for lovers of electric cars and plug-in hybrids, too. Reid [D-32nd] has proposed a bill, expected to hit the House floor Wednesday, that would see buyers of electric vehicles receive a state-tax rebate of up to $3,500. Currently, Virginia's green-car incentives are.

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Virginia Tax Purchase Electric Cars 130

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 covers qualifying vehicles purchased from 2022 to 2032.

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Tax Credit Tax Electric Vehicles North America 72

Green Car Reports

MARCH 20, 2018

Today, we've got a long and detailed summary of what we learned about Porsche's Mission E and future electric cars, some new lobbying partners to extend the plug-in purchase tax credit, and our latest Twitter poll. All this and more on Green Car Reports.

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Tax Credit Porsche Tax Future 69

Revenge of the Electric Car

MARCH 11, 2009

Josh Hafenbrack posts this informative entry covering the status of Hasner’s Florida State electric car tax break on the SunSentinel.com. Florida State Representative (and House Majority Leader) Adam Hasner (R) has just introduced the bill HB 879 - Financial Incentives for Electric Vehicles.

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Florida Tax Electric Cars Tax Credit 124

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 These incentives vary widely and can include rebates, tax credits, reduced registration fees, and even free parking.

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Tax Credit Tax Electric Cars Cars 52

Green Car Reports

FEBRUARY 8, 2011

It's long been known that purchase rebates--buy a car, get a check--are a more effective incentive for purchase of any kind of car than an income-tax credit, which may take a year or more to affect the buyer's cash position.

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Tax Credit Electric Cars Tax Cars 96

CleanTechnica EVs

JANUARY 1, 2023

Electric vehicles (EVs) have become increasingly popular in recent years due to their environmental benefits and cost savings on “fuel,” among other reasons. However, the upfront cost of purchasing a new EV can be prohibitively expensive for some consumers.

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Tax Credit Tax Purchase Cost Of 113