Green Car Reports
JANUARY 17, 2024
Fewer Tesla EVs now qualify for the $7,500 federal EV tax credit, but for those that do, Tesla is now applying the credit at the time of purchase. The automaker's website now says that eligible buyers will have the full $7,500 credit applied when they purchase their vehicles.
Green Car Reports
JUNE 13, 2024
The majority of EV purchasers eligible for a federal tax credit have gotten the credit as a point-of-sale rebate since that option was added at the beginning of the year, The Treasury Department said in a press release.
Baua Electric
JANUARY 17, 2024
Fewer Tesla EVs now qualify for the $7,500 federal EV tax credit, but for those that do, Tesla is now applying the credit at the time of purchase. The automaker’s website now says that eligible buyers will have the full $7,500 credit applied when they purchase their vehicles. Tesla federal EV tax credit eligibility (Jan.
Electrek
OCTOBER 6, 2023
The IRS has just released new guidelines to enable dealers to take the $7,500 electric vehicle tax credit from the buyers and apply it directly to the purchase of new and used electric vehicles. more… The post You will soon get up to $7,500 EV tax credit at purchase rather than a return appeared first on Electrek.
Green Car Congress
JULY 9, 2022
A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain. Roberson et al.
CN EV Post
SEPTEMBER 26, 2022
Three Chinese government departments announced in a joint statement that NEVs purchased between January 1, 2023 and December 31, 2023 will be exempt from purchase taxes. The post China extends NEV purchase tax exemption until end of 2023 in official announcement appeared first on CnEVPost.
Green Car Congress
AUGUST 8, 2022
The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. In the US, the Fisker Ocean starts at $37,499 in the base Sport.
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