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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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10.5% Of New Vehicle Sales Now Electric Vehicle Sales In Colorado

CleanTechnica EVs

of new vehicle sales in Colorado were electric vehicle sales in 2022. That’s a great result in the USA, which as a whole is closer to 6% or 7% of new vehicle sales being electric. Last year, Colorado saw its EV uptake pass the symbolically important 10% marker. In the end, 10.5% Colorado got to […]

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Lucid Motors unveils Lucid Air luxury electric sedan

Green Car Congress

The Lucid Air will be available initially in North America, offered in four model ranges: The Air, the starting point for the lineup, available in 2022 and starting below $80,000 ($72,500 after USA federal tax credit). The well-equipped Air Touring model, available late 2021, from $95,000 ($87,500 after USA federal tax credit).

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV. What is the federal US Used Clean Vehicle tax credit?

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Part of Elon Musk’s $15B tax bill will likely end up helping the fossil fuel industry

Teslarati

Elon Musk may be paying an estimated $15 billion in taxes this year due to his massive sale of part of his TSLA holdings, but his contributions to the US government may end up supporting the fossil fuel industry. These include both direct subsidies to corporations, as well as other tax benefits to the fossil fuel industry.

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Audi’s Line Of EVs May Soon Be Produced In The United States

CleanTechnica EVs

The IRA encourages electric vehicle manufacturers to build their vehicles in the USA. For BEVs and PHEVs to remain eligible for tax credits, the final assembly must happen in North […]. Audi’s line of EVs may soon be produced in the United States, as soon as 2023, thanks to the newly signed Inflation Reduction Act (IRA).

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Volvo C40 Recharge EV coming to US with $58,750 MSRP

Green Car Congress

The Volvo C40 Recharge pure electric will start at an MSRP of $58,750 in the United States before tax credits. Once the complimentary charging has been fully used within the first 3 years, customers will automatically be eligible for Electrify America’s Pass+, with the $4 monthly membership fee covered courtesy of Volvo Car USA for one year.

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