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Tesla adds state incentive tool to website to calculate total tax breaks

Teslarati

Tesla has added a state electric vehicle incentive tool that will calculate both federal and state incentive amounts for customers interested in knowing how much of a break they may receive for buying one of the company’s vehicles. Maryland and California have adopted this strategy in an effort to achieve sustainability goals.

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Tesla Model 3, $2.2M seized from man who fraudulently obtained COVID-19 relief loans

Teslarati

A man in the State of Maryland is being charged with wire fraud after obtaining multiple COVID-19 relief loans. million and a Tesla Model 3 seized by various Law Enforcement agencies. The DOJ affidavit indicates that Brooks was, in fact, the purchaser of the vehicle. Brooks also purchase 38 other used cars, the DOJ said.

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Colorado approves goal to make 82% of car sales electric by 2032

Teslarati

While the Colorado standard falls short of requiring 100 percent of new car sales to be electric by 2035, as adopted in California , Maryland and a number of other U.S. Earlier this year, Colorado voted to approve new EV tax incentives on EVs that offer up to $5,000 off on select purchases, which can be used alongside the federal tax credit.

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Oregon’s EV incentive program that brought Tesla prices below $30k is running out of money

Teslarati

Oregon’s electric vehicle incentive program that was widely publicized for bringing the price of a Tesla Model 3 well below $30,000 is being suspended for a year starting in May because it is running out of money. However, most EVs can be purchased by stacking state and local rebates with federal incentives.

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8 ZEV states announce US ZEV sales top 260,000 units

Green Car Congress

Californians have purchased or leased more than 100,000 ZEVs. The other seven states—Connecticut, Maryland, Massachusetts, New York, Oregon, Rhode Island and Vermont—account for more than 135,000 vehicles. —Deputy Secretary Kathy Kinsey of the Maryland Department of the Environment. million by 2025.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

As of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning.

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The US’ EV incentives are being updated: Here’s some useful tips

Teslarati

Some of the most significant incentives exist or will exist, in Colorado, Connecticut, Illinois, Delaware, and Maryland. Illinois has announced that they will be introducing a $4,000 tax incentive for new fully electric vehicles as of today (July 1st). Delaware offers buyers a range of incentives depending on the vehicle they purchase.