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Pyka awarded $7M California tax credit to expand manufacturing of zero-emission autonomous aircraft

Green Car Congress

Pyka, a developer of autonomous electric aviation technology, was awarded a $7-million California Competes Tax Credit with the California Governor’s Office of Business and Economic Development (GO-Biz), approved last week by the California Competes Tax Credit Committee.

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Cadillac ELR EREV goes on sale in January, starting price $75,995

Green Car Congress

Upon IRS certification of an anticipated federal tax credit, purchasers may be eligible for a tax credit from $0 to $7,500 depending on individual tax liability. Net pricing after tax credits could be as low as $68,495, including $995 destination. Official EPA estimates are not yet available.

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Tesla Model 3 is the most affordable car to run in the United States: study

Teslarati

The study took into account the average annual costs for fuel or energy, maintenance, insurance, and fees and taxes, among other factors. On average, $2,246 is spent on fuel or energy costs; $1,633 is spent on maintenance costs; $1,763 is spent on car insurance; and $820 is spent on annual fees and taxes.

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Tesla Model 3 wins ‘most economical EV to own’ title in new study

Teslarati

Combining home charging, lower maintenance costs , and tax credits has all enabled consumers to consider EVs as a way to save money on their daily drivers. The Tesla Model 3 recently captured the title of “most economical electric vehicle to own” in a new study performed by research firm Zutobi.

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EVs dominate list of efficient cars in ORNL 2022 Fuel Economy Guide

Green Car Congress

The site provides consumers with information to help guide buying decisions for all types of vehicles, including current EV federal tax credits, as well as operation and maintenance tips to save drivers money. Consumers can personalize estimates for their annual miles and local fuel prices, for example.

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Hyundai delivers first 2019 NEXO fuel cell SUV to US customer

Green Car Congress

The first year of maintenance is free of charge and customers are eligible for a tax credit (subject to individual tax circumstances) from the state of California for up to $5,000. His new NEXO will deliver about five times the driving range of his first all-electric car.

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Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

We project that electric vehicles will save the city $110,000 per year in reduced fuel and maintenance, costs that we would otherwise have to spend on gas-powered vehicles. Each of these vehicles are estimated to save the city $7,000 in fuel and maintenance over a three-year period.

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