The Truth About Cars

JANUARY 30, 2024

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. that qualifies for the full Federal Tax credit. This development makes these models of the ID.4,

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Baua Electric

APRIL 22, 2024

Both are eligible for the $7,500 EV tax credit, cutting the effective price for many households to just $37,130 and $42,130 respectively. The Model 3 also doesn’t qualify for the EV tax credit. In addition, the base Model Y RWD now undercuts the base Model 3 by $5,000 for the tax-credit-eligible.

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Green Car Congress

MARCH 25, 2022

EIA projects that production of renewable diesel supply will grow because of its compatibility with existing distribution infrastructure and engines, higher state and federal targets for renewable fuel production, incentives from tax credits, and the conversion of existing petroleum refineries into renewable diesel refineries.

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Teslarati

JANUARY 11, 2024

The EVs that Hertz has put up for sale will “remain eligible for rental” until they ultimately sell. Hertz said that a portion of the proceeds from the sale will go into the purchase of combustion engine vehicles, which are being utilized at a higher demand.

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Teslarati

JANUARY 9, 2024

As part of the Rent2Buy vehicle sales program on its website , Hertz has listed hundreds of its early Tesla rentals for sale at fairly low prices. The vast majority of the inventory vehicles listed are the Model 3, though you can also see a decent amount of Model Y units listed on the web page.

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Teslarati

JANUARY 11, 2024

Fisker is scrapping plans for direct sales to customers. The startup is now turning to auto dealerships for sales and services. The post Fisker scraps direct sales and turns to auto dealers for sales appeared first on TESLARATI. I think we just went that route because everyone does when you are a startup.

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Revenge of the Electric Car

FEBRUARY 26, 2009

for sale to regular folks. Regardless, once the $7,500 tax credit is accounted for, and the much lower maintenance costs, these should be about the same as buying a gas car, only the fuel will be less than a dollar a gallon equivalent. We’re ready to go mass production and mass sales,” he said.

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Green Car Congress

JUNE 10, 2009

A software upgrade, retailing for $2,000 to $2,500, will be made available for sale later this month to new and existing conversion kit customers. The company also intends to complete crash testing of PICC-converted vehicles so that future owners can qualify for green-vehicle tax credits.

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Green Car Congress

MAY 15, 2009

It is the only natural gas powered passenger car available for sale in all 50 states, and is eligible for a $4,000 federal tax credit as a qualified alternative fuel vehicle. As a result, the GX is certified by the EPA as an Inherently Low Emissions Vehicle (ILEV). It is powered by a 113-hp (84 kW), 1.8-liter,

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EV Adoption

JUNE 21, 2022

But assuming you can get your hands on one, roughly two-dozen BEVs and PHEVs available for sale in the US this summer have a base manufacturer’s suggested retail price (MSRP) of less than $45,000. Now of course it is important to point out several things: The base MSRP does not include delivery fees or taxes.

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Teslarati

MAY 18, 2024

Tesla also says that the condition of the vehicles “meets Tesla’s cosmetic and mechanical standards,” which it details further on the sale pages for its demo vehicles. “Every Demo/Previous-Demo Tesla has passed an internal inspection and may undergo light repairs to be prepared for sale,” the company writes.

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Green Car Congress

FEBRUARY 3, 2009

Provide state tax credit for vehicles ($2,500/16 kWh vehicle) and charging equipment and installation at home/multi-family home/workplace/public (up to $3,000/home; $30,000/other site with 10 charge ports). Eliminate state sales tax on vehicle purchase; Commit/fund government fleet purchases (200 vehicles).

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EV Adoption

MAY 8, 2021

And while many of the legacy automakers – along with several states – have announced plans or “aspirations” to end production of ICE vehicles or ban their sale completely, the reality is we may not see a federal ban of ICE sales ever – or perhaps not before 2040.

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Teslarati

JULY 12, 2024

Ford’s $400 million investment is eligible for tax credits under the Kentucky Investment incentives. The automaker’s potential car parts factory is also eligible for sales and use refunds provided by the Kentucky Enterprise Initiative Act. Ford recently reported a 61% growth in electric vehicle sales for Q2 2024.

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Teslarati

OCTOBER 12, 2023

Stephanie Valdez-Streaty , director of Industry Insights at Cox Automotive, said: “EV sales continue to grow in the U.S., At last check, we had 15 new EV models for sale that were not available a year earlier. Better choices and more options are helping push prices lower and drive higher sales.”

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Baua Electric

NOVEMBER 7, 2024

While some of those leasers are going to keep their vehicles, many are going to give them back and upgrade, resulting in a surge of used EVs available for sale. 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.

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Revenge of the Electric Car

MAY 6, 2009

I heard today that they expect to have 5,000 Nissan EVs for sale by the end of 2010. The one question about whether the lessees can take the $7,500 tax credit is still to be determined. They seem very comfortable that their car is going to be bulletproof right out of the gate.

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The Truth About Cars

JANUARY 23, 2024

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 million EV sales. Factors such as political polarization and shifts in tax credits could influence this figure.

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Plug In Partners

AUGUST 4, 2006

The expansion of the State’s Empire Zones program to provide tax benefits to clean energy companies regardless of where they are located in New York State. These tax incentives will be available to qualifying companies engaged in research, development, or manufacturing of energy-efficient or renewable energy technologies or products. *

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EV Adoption

MARCH 3, 2021

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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Clean Fleet Report

FEBRUARY 27, 2022

The good news about the list of EV and PHEV sales from last year is there were 86 models listed, though several were cars that have gone out of production (like my Chevy Volt) but still managed to have a few laggards left for sale. Tesla and GM both exceeded the state’s 200,000-unit sales cap on rebates.

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Teslarati

DECEMBER 14, 2021

“Available for sale in all 50 states, the Mustang Mach-E brings some of the best plug-in style, tech, and performance available among (relatively) affordable electric cars. ” (Credit: Ford). . The Ford EV SUV is eligible for the maximum $7,500 federal EV tax credit, plus any other state and local incentives in your area.

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Green Car Reports

APRIL 25, 2018

1 state for sales of electric cars, and the state's biggest utility apparently wants to add to that momentum. California is already by far the No. PG&E (formerly Pacific Gas & Electric) announced yesterday a new $3,000 purchase incentive for new Nissan Leafs.

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Clean Fleet Report

NOVEMBER 23, 2021

The entry-level 2023 Fisker Ocean is so well-priced (under $30,000 after tax credits and/or incentives) for an electric SUV getting 250+ miles of driving range, the only thing left is seeing it in people’s driveways a year from now. Expect in the next few years to see at least 50 new models being released for sale.

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Baua Electric

JANUARY 12, 2024

Israeli startup REE Automotive on Thursday announced that its P7-C electric chassis-cab truck is the first vehicle with entirely by-wire controls to be certified for sale in the U.S.

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Baua Electric

JANUARY 3, 2024

Despite such grand plans, the LYRIQ remains the only Cadillac EV for sale and has found early success. For example, the 2023 and 2024 LYRIQs currently qualify for up to $7,500 in federal tax credits. Beginning today, Costco members can save on a new 2024 Cadillac LYRIQ through the company’s auto program.

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Clean Fleet Report

JANUARY 22, 2023

While this is the only EV for sale in the U.S. The Mini Cooper SE EV has a low price, but less range Of course, these MSRPs don’t factor in tax rebates and other financial incentives. EV buyers still qualify for up to $7,500 in tax credits. In the U.S.,

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Baua Electric

MARCH 18, 2024

These are now ready for sale, and to get them moving, Chevy has slashed prices by $5,600-$6,500, depending on the trim level. The Blazer is eligible for the $7,500 federal tax credit. Once everything checked out, the new software was flashed to the vehicles sitting at dealerships.

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Baua Electric

SEPTEMBER 20, 2024

2024 Kia EV9 GT-Line (Source: Kia) As new electric vehicles hit the market, discounts continue piling up as automakers fight for sales. Using its extensive index of search data for vehicles on sale, Cars.com revealed a list of the most popular EVs on its site. Both electric SUVs qualify for the $7,500 federal EV tax credit.

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EV Adoption

OCTOBER 29, 2022

Out of 82 BEVs and PHEVs that are either currently available for sale in the US, or expected to be so by the end of 2022, 67 of them, or 81.7%, have a base manufacturer’s suggested retail price (MSRP) higher than $39,999, according to new analysis from EVAdoption. Fifteen or 18.3% have a base MSRP below $40,000 and 31 or 37.8%

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Clean Fleet Report

JUNE 27, 2024

It will qualify for federal and California tax credits, as well as the coveted HOV sticker that allows for a single driver to use the carpool lane. See your tax advisor before visiting your local Honda dealer. Peterbilt also worked with Toyota and offers its Model 579HFC for sale.

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EV Adoption

JANUARY 8, 2022

Especially if Congress removes the OEM cap which would mean at least a $7,500 tax credit and as much as $12,500, the Bolt has the potential to be the top selling EV in the US in 2022 other than models from Tesla. A fourth trend or finding is that YOY sales increased 154% for these EVs with publicly reported numbers.

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Tony Karrer Delicious EVdriven

APRIL 28, 2009

It would then be offered for public use in 2012, said Brian Carolin, senior vice president for sales and marketing at Nissan North America Inc. Coming to public in 12 Nissans first electric car is to go into corporate and government fleets beginning in late 2010. No gasoline.

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EV Adoption

AUGUST 23, 2021

One of the proposed changes to the federal EV tax credit that has flown a bit under the radar is also one of the most political and protectionist in nature. Effective January 1, 2022, electric vehicles with final assembly* (see definition at the end) in China would no longer qualify for IRC 30D (federal EV tax credit).

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Green Car Congress

DECEMBER 23, 2022

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. Obtaining this certification is also a requirement for vehicles to qualify for HVIP.

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Baua Electric

MAY 2, 2024

Treasury Department could issue clarifications on federal EV tax-credit eligibility rules as early as Friday, reports Transport Topics. does not have friendly trade relations with would not qualify for a $7,500 federal tax credit. But these could still limit the number of vehicles that qualify for the federal tax credit.

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Baua Electric

MAY 3, 2024

Department of the Treasury and Internal Revenue Service (IRS) updated the EV tax credit rules today with new requirements that should enable more electric cars to become eligible. Currently, only 22 out of the 104 electric vehicles for sale in the US are eligible to the tax credit. Today, the U.S.

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