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Tesla embraces new immediate EV tax credit system

Teslarati

Tesla has embraced the new immediate use of the EV tax credit, which was announced last year by the IRS and Department of the Treasury. In October , the IRS and Department of the Treasury announced that it would issue new guidance regarding the EV tax credit, with the changes taking effect in 2024.

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VW ID.4 tax credit, Porsche SUV price, Model Y tops sales charts, Lucid rival: Today’s Car News

Green Car Reports

Porsche puts a price on its electric SUV. 4 EV buyers will be able to claim the full EV tax credit. 4 models qualify for the $7,500 EV tax. Tesla has the top-selling vehicle on the planet, it claims. Lucid teases a Model Y rival. And many VW ID.4 This and more, here at Green Car Reports.

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Nissan Leaf price cut, 40-mpg Maverick pickup supply, used EV tax credit: Today’s Car News

Green Car Reports

An EV tax credit could soon extend to used vehicles. And the Leaf is now the lowest-priced EV in the U.S. With a price cut of more than $4,000, the 2022 Nissan Leaf is shaping up to be the lowest-priced U.S.-market The 40-mpg versions of the Maverick hybrid pickup might be hard to find. market electric.

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Tesla Model 3 LR AWD now qualifies for Point of Sale $7,500 EV tax credit

Teslarati

Tesla’s Model 3 Long Range All-Wheel-Drive configuration has appeared on the list of vehicles qualifying for the IRS’s $7,500 electric vehicle tax credit, enabling carbuyers to get their rebate in a new Point of Sale method that the agency announced late last year. Buying an EV? I’d love to hear from you!

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Chevy Blazer EV stop-sale ends with drastically lower prices, full tax credit eligibility

Electrek

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. The Chevy Blazer EV stop-sale finally ended Friday after almost three months.

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Treasury lifts EV tax credit confusion over SUV price cap

Green Car Reports

Treasury Department on Friday announced an update on how vehicles will qualify as a car or an SUV under the revamped EV tax credit, now known as the clean vehicle tax credit.

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Chevy Bolt EV discount, Toyota tax-credit phaseout, EV market collapse: Today’s Car News

Green Car Reports

Toyota likely hit the ceiling for the EV tax credit. Is the EV market on the verge of collapse over price pressures? Retroactive discounts apply to the Chevrolet Bolt EV and EUV. Electric trucks could pull off the majority of fleet uses today at a cost advantage. This and more, here at Green Car Reports.