Green Car Reports

MAY 29, 2018

Adding to Elon Musk's headaches this month, Tesla is about to hit the limit on federal tax credits for electric cars. The tax credits, passed in 2008 as part of the Energy Improvement and Extension Act and signed by President George W. Bush, grant taxpayers who buy.

Tax Credit 117

Tax Credit Tax Price 2008 117

Blink Charging

JANUARY 11, 2024

The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The Clean Vehicle Tax Credit for new EVs is worth up to $7,500 and the Previously Owned Clean Vehicle Tax Credit is worth up to $4,000. Here’s what you need to know.

Tax Credit 119

Tax Credit Tax Clean Cleaning 119

Green Car Congress

SEPTEMBER 5, 2014

Elements of the agreement include abatements, tax credits, an economic development rate rider, and an agreement on direct sales. Abatements: Up to 100% abatement of Sales Tax until 30 June 2034. Up to 100% abatement of Real Property Tax until 30 June 2024. Up to 100% abatement of Modified Business Tax until 30 June 2024.

Nevada 252

Nevada Tax Credit Tax Tesla 252

Green Car Congress

DECEMBER 22, 2013

The study identified four specific changes to the US tax code that could help accelerate the commercialization of second-generation biofuels. While a Federal tax credit for the production of second-generation biofuels exists, its use has remained limited.

Tax 262

Tax Tax Credit Industrial Industry 262

Green Car Congress

MAY 11, 2023

The expansion project is estimated at $200 million, and the site recently received more than $82 million in grants from the US Department of Energy.

Tax Credit 218

Tax Credit Battery Batteries Lithium Ion 218

Green Car Congress

SEPTEMBER 4, 2012

Entrepreneurs and advocates for electric and plug-in hybrid vehicles conversions have taken advantage of the platform to create a petition urging the Administration to extend the Qualified Plug-in Electric Drive Motor Vehicles (IRC 30D) tax incentives, currently granted for new plug-in vehicles, to plug-in conversions.

Conversion 286

Conversion Obama Plug-in Tax 286

Green Car Congress

MARCH 12, 2009

Eaton Corporation has established a program to assist diesel truck fleet owners in applying for the $156 million in grants for diesel hybrid trucks that are available under the American Recovery and Reinvestment Act (ARRA). An existing diesel truck has to be taken out of service for each new hybrid truck that is purchased. Dontia Warren.

Eaton 150

Eaton Grant Diesel Fleet 150

Green Car Congress

MARCH 12, 2010

million grant the company received from the US Department of Energy (DOE) as part of the Recovery Act Award for Electric Drive Vehicle Battery and Component Manufacturing Initiative. Granholm said an incentive package from the state—which included a $100 million advanced battery cell tax credit, a 15-year job-creation tax credit worth $25.2

Li-ion 199

Li-ion Tax Credit Building Michigan 199

Green Car Congress

SEPTEMBER 1, 2009

By locating in Oregon, the company will be eligible, and intends to apply for, Business Energy Tax Credits from the Oregon Department of Energy for battery research and production. Securing government grants and tax credits will allow ReVolt to significantly accelerate its operations in Portland and US expansion, the company says.

Zinc Air 210

Zinc Air Tax Credit Companies Oregon 210

Green Car Congress

MAY 3, 2011

The Electric Drive Vehicle Deployment Act will provide grants to help regional communities establish themselves as models for the successful development, installation, and deployment of advanced electric vehicle (EV) infrastructure, including public charging stations.

Tax Credit 186

Tax Credit Vehicles Grant 2000 186

Green Car Congress

AUGUST 12, 2022

announced that 17 local governments and transit agencies will receive more than $236 million in grants from the Department of Transportation (DOT) to aid the transition to zero-emission buses. billion in new funding for Buses and Bus Facilities formula and competitive grants over five years.

California 284

California Emissions Los Angeles Fresno 284

Green Car Congress

FEBRUARY 14, 2014

the trucking industry will continue to transition a greater percentage of their fleet vehicles to run on natural gas.

Tax Credit 246

Tax Credit 2014 Alternative Fuels Gas 246

Green Car Congress

AUGUST 26, 2009

Like the Recovery Act-funded projects, the annual Clean Cities projects include grants for vehicles, infrastructure, and education. Last week, the Department of Energy also announced that. it had selected 23 projects for up to $15 million in annual appropriations funding. Total DOE award: $12,633,080.

Alternative Fuels 236

Alternative Fuels Clean Cleaning Grant 236

Green Car Congress

MARCH 14, 2010

To foster growth of the biobased products sector in the United States, BIO suggests that federal policy should provide strong support for research, development and commercialization of innovative biobased products, including grants and loans for construction of biorefineries, a strong biobased markets program, and tax incentives for pioneering commercial (..)

Industrial 239

Industrial Industry Tax Credit United States 239

Green Car Congress

MAY 26, 2010

This deployment represents the initial large scale utilization of US Department of Energy grants for clean school buses. This interest should continue to grow as more tax credits and incentives become available to ease the transition to hybrid school buses. Enova COO John Mullins.

Stimulus 186

Stimulus Hybrid Tax Credit North America 186

Green Car Congress

MAY 4, 2011

HR 1685 extends through 2014 the tax credit for the residential and commercial purchase and installation of electric vehicle charging infrastructure. The credit is currently set to expire at the end of this year. a program to encourage adoption of EVs by federal fleets.

Tax Credit 186

Tax Credit Tax Virginia Purchase 186

Green Car Congress

FEBRUARY 8, 2011

The Obama Administration is proposing a three-part strategy that supports electric vehicle manufacturing and adoption through improvements to tax credits in current law, investments in research and development (R&D), and a new competitive program to encourage communities to invest in electric vehicle infrastructure. Earlier post.).

2015 210

2015 Plug-in Tax Credit Plug 210

Green Car Congress

SEPTEMBER 16, 2011

In March of this year AeroVironment received a $820,000 contract from the Hawaii EV Ready Grants Program. The new chargers are part of Hawaii’s growing charging infrastructure currently being deployed to support electric vehicles.

Hawaii 210

Hawaii Installation Commercial Electric Vehicles 210

Green Car Congress

MARCH 25, 2011

Alaska state senator Lesil McGuire has introduced a bill ( Senate Bill 109 ) that would grant $475 million in state investment tax credits toward development of plants converting natural gas-, coal- or biomass-to-liquids products (GTL, CTL or BTL = xTL) on the state’s North Slope.

Alaska 186

Alaska Tax Credit Tax Coal 186

Green Car Congress

NOVEMBER 2, 2009

Saft remains very focussed on its exciting medium term growth prospects, with high performance Li-ion batteries and is delighted that its projects have been chosen by the US Government to receive grants to build new factories in North America. million, including $100 million of investment-related, refundable tax credit.

Li-ion 170

Li-ion Jacksonville Tax Credit Lithium Ion 170

Green Car Congress

JUNE 19, 2010

million (approximately €46 million), which is granted by the Michigan Economic Development Corporation, as well as other state and local tax credits and abatements. The investment will be supported by a variety of state and local incentives. These incentives include a Michigan Economic Growth Authority Award of $56.8

Detroit 170

Detroit Diesel Engine North America 170

Green Car Congress

APRIL 21, 2010

Two of the companies, A123 and Dow Kokam, were awarded DOE battery manufacturing grants, as well as Michigan refundable tax credits to construct battery manufacturing facilities in Michigan.

Lithium Ion 207

Lithium Ion Energy Companies Battery 207

Green Car Congress

JULY 30, 2018

States should work with their utilities and legislatures to advance new investment mechanisms, as well as apply for federal grants and join or create revenue-generating carbon pricing programs.

Federal Grant 170

Federal Grant Tax Credit Charging Tax 170

Green Car Congress

MAY 15, 2009

million in tax credits and up to $200,000 in training grants to Electric Motors Corporation (EMC), based on the company’s plans to establish an electric vehicle industrial development park the state. This is the State’s first such grant under its incentive program to a company in the electric drive systems category.

Indiana 150

Indiana Corporation Motoring Motor 150

Green Car Congress

JANUARY 21, 2010

In August, Celgard was selected to receive a grant award from the US Department of Energy (DOE) for the same expansion project. million in cash incentives and tax credits from the State of North Carolina to support expansion within the state. Earlier post.) Expansion of the Charlotte facility will start immediately.

North Carolina 150

North Carolina Li-ion Charlotte Lithium Ion 150

Green Car Congress

MAY 26, 2021

Lordstown is pursuing an Advanced Technology Vehicle Manufacturing (ATVM) loan from the US Department of Energy (DOE), which is in the due diligence phase, and tax credits and grants across multiple jurisdictions. —Steve Burns, Lordstown Motors’ Chairman and CEO.

Motoring 221

Motoring Motor Motors Production 221

EV Connect

FEBRUARY 15, 2021

Once your company takes advantage of federal EV tax credits, EV Connect can help you find available New York State EV tax credits that will help defray costs further and maximize your investment for years to come. From Binghamton to the Big Apple, there are big savings for businesses looking to install EV infrastructure.

Tax Credit 59

Tax Credit New York Tax Purchase 59

EV Life

JUNE 29, 2023

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

Tax Credit 52

Tax Credit Colorado Tax Electric Vehicles 52

Green Car Reports

JUNE 25, 2012

There's a storm a-brewin' in Louisiana over alternative vehicle tax credits. In 2009, the state legislature passed Act 469 (PDF) which grants tax credits of up to $3,000 to anyone who purchases a low-emissions vehicle that runs on alternative fuel, "including but not limited to compressed.

Louisiana 96

Louisiana Tax Credit Fuel Alternative Fuels 96

Green Car Congress

JULY 9, 2009

Proposed incentives include tax credits, fee waivers and the sale of 9.65 If its DOE and California Energy Commission bids are granted, Quallion will begin construction of its new lithium-ion battery manufacturing facility immediately, with the facility slated to be complete in 2012. Earlier post.) More than $10.6

Lithium Ion 150

Lithium Ion District of Columbia Manufacturer Battery 150

Green Car Congress

OCTOBER 12, 2014

For example, eligibility for all or a portion of the federal tax credit is based on the customer’s tax liability, a consideration that is typically unknowable until tax time. Much like the federal tax credit, California’s state rebate introduces multiple levels of uncertainty and risk into the retail transaction.

Davis 290

Davis Plug-in Plug Sale 290

EV Connect

AUGUST 2, 2021

And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. On the federal, state and local levels, there are a plethora of tax credits for installing electric-vehicle charging stations. They include incentives for installing EV charging stations.

Tax Credit 52

Tax Credit Tax Electric Vehicles Charging 52

Baua Electric

APRIL 4, 2024

Battery materials and technology company NOVONIX has been selected to receive a $103-million tax credit under section 48C of the Qualifying Advanced Energy Project Allocation Program, to support production of critical battery materials at its Riverside facility in Chattanooga, Tennessee.

Tax Credit 52

Tax Credit Tennessee Tax Production 52

EV Life

APRIL 27, 2023

The reason for the price changes is due to several factors, including shifts in demand and changes to federal rules regarding which electric vehicles qualify for tax credits. In addition to the federal EV tax credit, we’ll examine the various state rebates and grants available to California drivers who qualify.

Tax Credit 52

Tax Credit Tax Tesla Clean 52

EV Life

APRIL 7, 2023

In this article, we’re going to show you how California residents can save over $15,000 on Tesla Model 3 and Model Y by taking advantage of available EV tax credits, rebates, and incentives. Any unused funds are not available as a refund or to be used on the following year’s taxes. Not anymore.

Tax Credit 52

Tax Credit Tax Tesla Purchase 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

Green Car Congress

DECEMBER 19, 2009

In addition to the DOE award, Delphi has been offered support from the Indiana Economic Development Corporation through performance-based tax credits and training grants. The company also is finalizing a property tax abatement application with the City of Kokomo. With an $89.3

Manufacturer 199

Manufacturer Indiana Powered Power 199