Remove Fleet Remove Purchase Remove Standards Remove Tax
article thumbnail

Another win for EVs as Australia tightens efficiency rules for luxury car tax exemptions

The Driven EV News

Federal government tightens efficiency standard for luxury car tax exemptions in a significant win for EVs, particularly in fleet purchases, as it will exclude many hybrid cars. The post Another win for EVs as Australia tightens efficiency rules for luxury car tax exemptions appeared first on The Driven.

Australia 113
article thumbnail

Volvo XC40 Recharge EV to start at $53,990 in US before qualifying tax incentives

Green Car Congress

The purchase of an XC40 Recharge may qualify for a federal tax credit of up to $7,500. Volvo continues to elevate the benchmark for safety with a suite of standard safety features and equipment in the XC40 Recharge. Other standard equipment includes a laminated panoramic sunroof with power sunshade, 19-inch alloy wheels, a 12.3-inch

Recharge 400
article thumbnail

Nikola Tre FCEV receives CARB ZEP Executive Order for HVIP eligibility; $240,000 base incentive per truck

Green Car Congress

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. Eligible non-drayage fleets may secure up to 30 HVIP vouchers and drayage fleets may secure up to 50 vouchers.

Scrappage 435
article thumbnail

Optimizing Car Leasing Tax Advantages

Clean Fleet Report

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. Running a business in the UK involves careful financial planning, and one aspect that often requires consideration is your company’s vehicle fleet.

Tax 76
article thumbnail

What EPA vehicle standards are and what they mean for you

Plug in America

On March 20, the Environmental Protection Agency (EPA) announced the final vehicle standards for cars, pickup trucks, and SUVs. EPA standards aren’t new. There are EPA vehicle standards in place right now. For light-duty vehicles such as cars, pickups, and SUVs, the 2032 goal is that the fleet average is 85 grams/mile of CO 2.

EPA 111
article thumbnail

Ford introduces F-150 Lightning Pro electric pickup targeted at commercial customers

Green Car Congress

The Pro joins E-Transit in the lineup of Ford work-ready electric vehicles, backed by a nationwide network offering EV-certified fleet sales, service and financing. Pro Power Onboard is a built-in AC power source that comes standard with 2.4 —Ted Cannis, general manager, Ford North America commercial business. Available 9.6-kilowatt

F-150 418
article thumbnail

MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050).