Teslarati

MARCH 28, 2024

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. As noted in a Nikkei Asia report, Kia is poised to start the production of the EV9 in the United States by May 2024.

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Tax Credit Kia Tax Georgia 53

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,

Tax Credit 52

Tax Credit Tax EPA Tennessee 52

Green Car Congress

AUGUST 16, 2023

Source: Inflation Reduction Act: Impact on North America Metals and Minerals Market Demand for copper will be 12% higher by 2035 than pre-IRA projections. Copper is not currently listed as a critical mineral in the United States and does not qualify for IRA tax credits.

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Global Chile United States North America 370

Green Car Congress

MARCH 30, 2023

Power EV Index ( earlier post ), a new, advanced analytics tool that tracks the progress to parity of EVs with internal combustion engine (ICE) vehicles in the United States, this steady decline in price mixed with surging availability is setting the stage for a new era of EV price wars. Consumers responded immediately with a 3.4

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Price Powered Power Tax Credit 404

Green Car Congress

JUNE 6, 2023

The Strategy and Roadmap provides a snapshot of hydrogen production, transport, storage, and use in the United States today and a vision for how clean hydrogen will contribute to national decarbonization goals across multiple sectors in the future. It also complements the massive $9.5-billion

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Clean Cleaning Hydrogen Tax Credit 415

Green Car Congress

FEBRUARY 3, 2023

EIA said that two factors behind growing US renewable diesel capacity are rising targets for state and federal renewable fuel programs and biomass-based diesel tax credits. The “Inflation Reduction Act” extended the biomass-based diesel tax credits through 2024.

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Renewable Diesel Montana Tax Credit 195

Teslarati

JUNE 20, 2023

This opens charging for Rivian vehicles on Tesla’s Supercharger network across the United States and Canada. Tesla is surging back toward its potentially $1 trillion market cap, which it gained in 2021. vehicles helped Tesla regain the full $7,500 credit for all three cars.

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Tax Credit Market Tesla North America 135

Teslarati

MAY 31, 2023

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. The battery plant would allow Hyundai electric vehicles (EV) to qualify for the Inflation Reduction Act’s (IRA) $7,500 tax credit. Most of Hyundai’s EV models will be available in all major markets.

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United States Hyundai Georgia Energy 95

Baua Electric

MARCH 28, 2024

Canada-headquartered Heliene , which makes solar panels in Minnesota, will incorporate Georgia-based Suniva’s US-made monocrystalline silicon solar cells into its panels, and those “Made in the USA” panels will hit the market in mid-2024, thanks to a new three-year strategic sourcing contract between the two companies. Get started here. –ad*

Solar 52

Solar Tax Credit Market Georgia 52

The Truth About Cars

SEPTEMBER 11, 2024

Jeep is preparing for the launch of its first mass-market EV in the United States, but the automaker isn’t throwing caution to the wind to deliver its electrified Wagoneer S. Jeep plans to manufacture the Wagoneer S in Mexico, opening it to federal tax credit eligibility, helping put a dent in its almost $72,000 starting price.

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Jeep Tax Credit Mexico United States 105

Teslarati

FEBRUARY 15, 2024

LG Energy Solution (LGES) signed an offtake agreement with WesCEF to expand its lithium supply chain for the North American market. The Inflation Reduction Act (IRA) has boosted electric vehicle (EV) investments in the United States. “As LGES’s plant in Arizona will play a crucial role in North America’s supply chain.

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Supplies Arizona Market Energy 121

Teslarati

FEBRUARY 5, 2024

And while the Model Y has overtaken the Model 3 in raw sales over the years, the all-electric sedan is still a notable presence in the market. That is, at least, unless one takes into account federal tax credits in the United States. Don’t hesitate to contact us with news tips.

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Tax Credit Price Motors Motor 131

Teslarati

MAY 25, 2021

Telsa could dominate the United States and Canada’s used car industry as politicians contemplate introducing tax credits and rebates for used electric vehicles (EVs). The United States seems to be exploring similar policies. in Fall 2020 to 6.5% by April 2021. . in Fall 2020 to 6.5% by April 2021. .

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Tax Credit Market Tesla Canada 145

Teslarati

AUGUST 25, 2023

Tesla’s potential entry into the Indian market appears to be taking a step forward. As per a recent report, India is reportedly considering a policy that would reduce import taxes for automakers that are willing to produce some of their vehicles in the country. The policy reportedly comes after a proposal from Tesla.

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India Tax Tesla Tax Credit 83

Blink Charging

JANUARY 19, 2024

automotive market. Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.

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Tax Credit Tax North America Clean 94

Green Car Congress

FEBRUARY 8, 2023

Customers will also be eligible for a $40,000 clean commercial vehicle tax credit from the federal government due to the passage of the “Inflation Reduction Act”. This approval will now enable customers of Nikola’s Tre FCEV to access a point-of-sale incentive starting at $240,000 and ranging up to $288,000 per truck, in 2023.

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Tax Credit Los Angeles Long Beach Scrappage 150

Green Car Congress

DECEMBER 22, 2013

Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., But these policies have not yet succeeded in bringing substantial volumes of new advanced biofuels to market.

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Tax Tax Credit Industrial Industry 262

The Truth About Cars

AUGUST 28, 2024

The automaker recently confirmed that the new SUV would be built in the United States, opening it to federal tax credit eligibility. The company made the announcement at its investor day event, during which it also noted that it’s readying extended-range electric vehicles (EREVs) for the U.S.

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Georgia Hyundai Production Tax Credit 103

Green Car Congress

DECEMBER 10, 2014

Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. These incentives are in addition to a federal (nationwide) tax credit, which ranges from $2,500 to $7,500 depending on battery capacity and gross vehicle weight. Washington has exempted EVs from the state''s 6.5% sales and use tax.

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Plug-in Tax Credit California Rhode Island 381

Green Car Congress

DECEMBER 23, 2022

In addition to the funding provided by HVIP, purchasers of Nikola’s Tre battery-electric vehicle and FCEVs will also qualify for an additional $40,000 in clean commercial vehicle tax credits in 2023 from the federal government due to the passage of the “Inflation Reduction Act”.

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Scrappage Tax Credit Purchase California 435

The Truth About Cars

APRIL 19, 2023

Not that long ago, there was a time when Tesla vehicles seemed to defy the laws of depreciation, and some actually gained value on the used market. Though it’s now cheaper to buy a new Tesla Model 3 or Model Y, some are eligible for federal tax credits, making them even more appealing. Image: Tesla] Become a& TTAC insider.

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Tax Credit Tesla Tax Kia 98

Green Car Congress

AUGUST 26, 2013

Top 15 LEAF market year-to-date in 2013. Nissan provided a list of the top 15 markets in the US for the Nissan LEAF battery-electric vehicle. Nissan LEAF sales in the United States are up by 335% year-over-year since the launch of the enhanced 2013 model in March. Source: Nissan Click to enlarge. Earlier post.)

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2013 Nissan Market San Francisco 334

Teslarati

JANUARY 3, 2023

A new tool released by Recurrent Auto shows car buyers which used EVs qualify for federal tax incentives based on a simple VIN search. As electric vehicles have become ever-more popular in the United States, so has the market of used EVs. This eligibility tool makes it much easier.

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Tax Tax Credit Purchase Auto 87

Green Car Congress

JANUARY 9, 2010

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. The 183 projects in 43 states include several for the manufacturing of advanced batteries; biomass projects; and vehicles. President Obama announced the award of $2.3

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Tax Credit Obama Tax Clean 210

The Truth About Cars

MARCH 6, 2024

Tesla might not be the most dominant EV maker in the world, but it’s on top of the market here in the United States. While not currently eligible for federal tax credits, BMW’s EVs can be leased to receive the $7,500 discount others get.

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BMW Tax Credit General Motors Tax 104

The Truth About Cars

AUGUST 16, 2024

While some of the staggering number of Chinese automakers have expressed no interest in selling here, some of the United States’ more recognizable auto brands are owned by companies in the country, including Volvo and Polestar. factories to open eligibility for up to $7,500 in federal tax credits.

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South Carolina Tax Credit Production Chinese 59

Teslarati

OCTOBER 12, 2023

While luxury automakers Audi, Mercedes-Benz, and Porsche all marked September 2023 with increases in pricing compared to the same month a year prior, Tesla helped offset these increases with cuts of its own in the United States. While the 22 percent decrease year-over-year stands, Tesla is also pushing prices down in shorter terms.

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Affordable Price Market Tesla 134

Teslarati

OCTOBER 24, 2023

After announcing its Q3 2023 earnings, LGES stated it aimed to preemptively respond to market demand for 46-series cylindrical cells. The Korean battery supplier’s operating profit included the estimated IRA tax credit amount of KRW 215.5 Without IRA Tax credits, LGES’ operating profit would be KRW 515.7

Arizona 122

Arizona Tax Credit Energy Tax 122

Green Car Congress

MAY 3, 2023

AJR Trucking , a leading carrier for the United States Postal Service (USPS) and a major drayage carrier operating in the Ports of Los Angeles and Long Beach, has executed a purchase order for 50 Nikola Tre hydrogen fuel cell electric vehicle (FCEV) trucks from Tom’s Truck Centers, a member of the Nikola Corporation sales and service dealer network.

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Fleet Los Angeles Kenworth Long Beach 322

Teslarati

JULY 16, 2024

The HMGMA plant is expected to boost Hyundai’s EV sales in the United States. The EV factory would make Hyundai EVs more affordable since they would qualify for more of the Inflation Reduction Act’s (IRA) $7,500 tax credits. If you have any tips, contact me at maria@teslarati.com or via X @Writer_01001101.

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Hyundai SUV Tax Credit United States 91

Teslarati

AUGUST 16, 2021

The United States’ EV segment is growing this year, thanks in no small part to an all-electric crossover from the country’s premier electric car maker. A look at the rest of the US EV market’s best-sellers highlights the widening gap between Tesla and its rivals. Back then, EVs represented only about 1.5%

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Market Tesla Tax Credit United States 144

Teslarati

FEBRUARY 10, 2023

The company made the same cuts in the United States, with the biggest discounts coming on the Model Y, with reductions by as much as $13,000. lineup of Model Y trims was added to the IRS’s list of vehicle qualifying for federal tax credits in early February, Tesla pushed prices up slightly. After the entire U.S.

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China Price Tax Credit Tesla 98

The Truth About Cars

MARCH 28, 2024

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. is making similar claims against China, saying the country has used unfair policies to manipulate the global market in its favor. At the same time, the U.S. will mount a vigorous defense.

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China Tax Credit Chinese North America 98

Teslarati

JULY 11, 2023

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. Beyond Tesla, however, it appears that the picture is much different in the United States. Electric cars currently account for about 6.5% That’s up from 38% in 2021.

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Tax Credit Hummer Highlander Tesla 145

Green Car Congress

MAY 4, 2023

Following eighteen months of extensive core drilling and independent chemical analysis, NETL researchers and Ramaco now believe that the Brook Mine property contains perhaps the largest unconventional deposit of REEs discovered in the United States.

Wyoming 467

Wyoming Coal United States Tax Credit 467

Green Car Reports

OCTOBER 22, 2020

Volvo on Wednesday announced United States pricing for the XC40 Recharge electric crossover—its first mass-market electric car.

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Recharge Volvo Tax Credit United States 125

Green Car Congress

SEPTEMBER 1, 2023

In 2018, Eos brought its production and supply chain back to the United States from China, and the expanded facility would further build on Eos’ investment in American manufacturing with the increased production of its zinc-based energy storage systems.

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Energy Storage Energy Polymer Legal 195