CleanTechnica EVs

JANUARY 5, 2024

continued] The post Don’t Worry If Your Favorite GM EV Doesn’t Qualify For A Federal Tax Credit appeared first on CleanTechnica. You’ve probably been frustrated this week if you were waiting for 2024’s cash rebate program to buy a General Motors.

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Tax Credit Tax GM General Motors 119

Teslarati

JANUARY 3, 2024

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for customers. In December, GM said it would temporarily lose eligibility for the credit on some of its cars. can qualify for EV tax credits.

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Tax Credit General Motors Tax Motors 116

Green Car Reports

JANUARY 14, 2020

When the Chevrolet Bolt EV’s federal EV tax credit eligibility amount dropped from $3,750 to $1,875 back on October 1, many expected GM to start making up for it with some deals.

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Tax Credit Tax 2020 Kia 145

Green Car Reports

JULY 29, 2022

And a re-upped EV tax credit could give an immediate boost to GM and Tesla. The EV tax credit expansion is back, and it’s once again a possibility. Siemens aims to manufacture a workaround for EV-charger home electrical-panel upgrades. Florida bulks up on EV charging infrastructure. Under a Senate.

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Tax Credit Florida Tax Re-Charge 134

Green Car Reports

DECEMBER 13, 2022

The IRS starts detailing what it needs for the revamped EV tax credit. And the DOE backs the batteries for GM’s EV plan. Some Kia Niro EV models have been recalled. We look at what didn’t make the finals for Best Car To Buy. This and more, here at Green Car Reports. Department of Energy on Monday confirmed a $2.5

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Tax Credit Tax GM Kia 128

Green Car Congress

APRIL 14, 2009

million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; and LG Chem-Compact Power Inc. A123Systems Inc.

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Tax Credit Michigan Li-ion Tax 150

Green Car Reports

FEBRUARY 24, 2017

A major contributor to electric-car sales is the program under which buyers of new electric cars qualify for a federal income-tax credit of up to $7,500. But these tax credits are not unlimited.

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Tax Credit Tax Electric Cars GM 108

Green Car Reports

DECEMBER 22, 2023

EV tax credit qualification gets murky in the new year. An even higher tariff on Chinese EVs is being considered. And the Lexus RZ EV gets a lower-priced base model with more range. This and more, here at Green Car Reports. The 2024 Lexus RZ 300e adds more driving range to the only EV in the Toyota luxury brand’s U.S.

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Tax Credit Lexus Tax Range 141

CleanTechnica EVs

APRIL 19, 2023

The US federal tax credit for electric vehicles has been updated, and that means that some electric cars, trucks, and SUVs no longer qualify for the full tax credit — or even half the tax credit. Actually, most electric vehicles on the market in the United States no longer qualify!

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Tax Credit Tax Fully Electric Electric Cars 136

EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). What is less clear is how Tesla and GM will handle leases.

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Tax Credit Tax Manufacturer Parts 111

Green Car Reports

NOVEMBER 30, 2018

Members of the lame-duck Congress all got letters on their desks Tuesday stating why the electric-car tax credit should be revised and extended.

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Tax Credit Tax Congress Plug-in 116

Electrek

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. This comes after several GM electric models were excluded, starting this week. more… The post GM is giving a $7,500 incentive on EV models that lost tax credit eligibility appeared first on Electrek.

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Tax Credit Tax GM Electrical 91

The Truth About Cars

JANUARY 4, 2024

The EV tax credit rules changed again at the beginning of 2024, and stricter requirements on battery materials sourcing cut several previously qualified models from the list. Most GM models failed to make the cut, at least temporarily, and the automaker is offering $7,500 compensatory discounts to keep sales flowing.

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Tax Credit GM Tax Cadillac 104

Electrek

APRIL 17, 2023

General Motors shared Monday that it now leads the industry in the number of EV models that qualify for the full $7,500 tax credit. GM expects its entire lineup of electric vehicles under the MSRP cap to be eligible for the full EV tax credit in 2023.

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Tax Credit Tax GM General Motors 104

The Truth About Cars

MARCH 6, 2024

The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale. Tax credits bring the Prologue’s starting price down to $41,295 after a $1,395 destination charge.

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Tax Credit Tax Honda General Motors 102

EV Adoption

FEBRUARY 23, 2021

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

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Tax Credit Tax Sale Plug-in 98

CleanTechnica EVs

NOVEMBER 3, 2021

So, I may be getting ahead of myself by discussing upcoming EV tax credits. As currently written, they’d give GM and Tesla buyers access to the tax credits again, but give US-made and […].

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Tax Credit Tax Dealers Congress 107

Electrek

OCTOBER 28, 2022

General Motors CEO Mary Barra spoke with analysts Tuesday, saying GM’s EV models will be able to qualify for the full tax credit in two to three years. The post Mary Barra claims GM’s electric vehicles will qualify for the full tax credit in ‘2 to 3 years’ appeared first on Electrek.

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Tax Credit Tax Electric Vehicles General Motors 104

CleanTechnica EVs

JUNE 15, 2022

Some experts argue that the current tax credit doesn't begin to address the needs for transitioning to zero emissions, all-electric transportation.

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Tax Credit Tax Congress Sale 98

CleanTechnica EVs

DECEMBER 31, 2022

The Treasury Department is writing rules for the federal EV tax credit that some think are not in line with the intent of the IRA.

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Tax Credit Tax GM Electric Vehicles 98

Green Car Reports

MARCH 29, 2019

Consumers have less than three days to buy a plug-in Chevy Volt or Bolt EV from GM and still qualify for the full $7,500 federal tax. Nor does GM have any plans to cut prices after the tax cut expires on Monday, as Tesla did with its cars after the tax credit.

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Tax Credit Tax Volt Chevrolet 100

Electrek

JULY 1, 2022

Toyota has sold its 200,000th plug-in car in the US, meaning its access to the $7,500 federal tax credit will sunset over the course of the next 15 months. The company joins Tesla and GM in no longer qualifying for credits, with Ford and Nissan also expected to hit the limit later this year.

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Tax Credit Waste Tax Toyota 98

Teslarati

AUGUST 17, 2022

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Under the new law, only EVs assembled in North America qualify for the credits. Tesla and GM were disqualified since both companies have sold over 200,000 EVs.

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Tax Credit Tax North America Hummer 101

CleanTechnica EVs

JANUARY 22, 2023

It had started off as a car that had beat the $35,000 Tesla Model 3 to market, but for a variety of reasons (including being outsold by 10× by the Tesla Model 3, losing the $7,500 tax credit, no significant updates in 4 years and […]

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Tax Credit Tax Future Tesla 115

Green Car Congress

OCTOBER 28, 2009

Fisker Automotive has selected the GM Wilmington Assembly plant in Wilmington, Delaware for production for Project NINA, the development and build of a family-oriented plug-in hybrid sedan costing about $39,900 after federal tax credits. Earlier post.). Fisker Automotive has signed a letter of intent with Motors Liquidation Co.

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Fisker GM Tax Credit Production 186

Green Car Congress

FEBRUARY 16, 2010

Source: GM. Ethanol Conference, GM Vice Chairman Tom Stephens reaffirmed the company’s commitment to biofuels, asserting GM continue to believes that they are the best near-term solution to displace petroleum and to reduce the carbon footprint of driving. Source: GM. Click to enlarge. Click to enlarge. Earlier post.)

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GM Commercial Energy Storage Tax Credit 218

Green Car Reports

JUNE 14, 2022

Automakers want Congress to consider the EV tax credit yet again. GM teased a first picture of its Blazer EV. A group of four automakers—GM, Ford, Toyota, and Stellantis—have sent a letter to Senate. Dynamic wireless charging gets put to another test. And Tesla is on top for another year or two.

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Tax Credit Tax Congress Charging 98

Green Car Reports

FEBRUARY 15, 2021

As GM prepares for the introduction of two very upscale electric vehicles, the GMC Hummer EV and the Cadillac Lyriq, the Bolt lineup plays an important role, it faces one pesky problem.

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Tax Credit Affordable Hummer GMC 162

Electrek

DECEMBER 21, 2023

GM revealed the new Chevy Blazer EV and Cadillac Lyriq are expected to lose eligibility for the EV tax credit starting January 1. According to GM, the disqualification is only temporary due to minor components.

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Tax Credit Cadillac Tax GM 87

Green Car Reports

OCTOBER 24, 2018

GM has confirmed to Green Car Reports that it will reach 200,000 deliveries of vehicles eligible for the. Beginning next April, buyers of General Motors’ electric vehicles and plug-in hybrids won’t be getting the same break on their purchase as those who buy those vehicles from any other brand. Any other brand but Tesla, that is.

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Tax Credit GM Tax General Motors 121

Green Car Congress

APRIL 14, 2017

—GM Chairman and CEO Mary Barra. Cruise Automation and GM engineers are currently testing more than 50 Chevrolet Bolt EVs with self-driving technology on public roads in San Francisco; Scottsdale, Arizona; and metro Detroit. The incentive was approved by the California Competes Tax Credit Committee at a meeting in Sacramento.

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San Francisco GM California Tax Credit 150

Green Car Reports

JUNE 14, 2022

Automakers want Congress to consider the EV tax credit yet again. A group of four automakers—GM, Ford, Toyota, and Stellantis—have sent a letter to Senate and House of. Dynamic wireless charging gets put to the test. And Tesla is on top of the world—in EVs—for another year or two.

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Tax Credit Tax Congress Charging 92

Green Car Reports

JANUARY 8, 2019

For a bunch of electric-car owning acolytes, our readers are surprisingly sanguine about the reduction and eventual expiration of plug-in tax credits on electric-car sales. We've reported extensively on the expiring tax credits, which will affect models from Tesla and GM in 2019.

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Tax Credit Tax Plug-in GM 70

Green Car Congress

JUNE 10, 2011

The suggested retail price for the Volt will start at $39,995 (or $32,495 assuming a full federal tax credit of $7,500, which is subject to the customer’s eligibility). The price includes an $850 destination freight charge but excludes tax, title and license fees.

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Volt Chevrolet 2012 District of Columbia 225

Green Car Reports

AUGUST 10, 2018

The king of all financial incentives for plug-in cars is, of course, the federal tax credit of up to $7,500. With Tesla’s federal tax credit already on its way to expiring and GM’s close behind, it’s worth knowing where to look for other incentives for those who want an electric car.

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Tax Credit Tax Clean Cleaning 76

Green Car Reports

JANUARY 2, 2019

The wind-down of federal tax credits on plug-in vehicles begins to hit in 2019. Tax credits for Tesla buyers were already reduced to $3,750 on Tuesday. The same reduction is scheduled to hit GM's plug-in models, the Chevy Volt and Bolt EV on April 1.

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Tax Credit Tax Plug-in GM 72

Green Car Reports

OCTOBER 24, 2018

GM is next, after Tesla, in hitting the 200,000 ceiling for the EV tax credit. The EPA dismisses some more groups of scientists. And electric-vehicle hopeful Dyson is soon starting a factory, as Faraday Future's struggles continue. All this and more on Green Car Reports.

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Tax Credit Tax GM Tesla 73