Green Car Congress

MAY 4, 2023

Pyka, a developer of autonomous electric aviation technology, was awarded a $7-million California Competes Tax Credit with the California Governor’s Office of Business and Economic Development (GO-Biz), approved last week by the California Competes Tax Credit Committee.

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Tax Credit Tax California Manufacturer 243

Green Car Reports

NOVEMBER 19, 2024

qualify for $3,750 of the federal EV tax credit The 2025 Kia EV9 costs $56,225 Kia is cutting back U.S. production of the EV9 electric SUV, but 2025 models that are assembled here will qualify for a $3,750 federal EV tax credit, reports The Korea Herald. The credit.

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Tax Credit Kia Tax SUV 176

Green Car Reports

DECEMBER 22, 2022

Treasury Department has delayed release of full guidance on qualifications for the revised federal EV tax credit until March. The IRA re-upped the $7,500 federal EV tax credit and eliminated the previous 200,000-unit cap that a handful of automakers had already reached as of Jan.

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Tax Credit Tax Battery Batteries 184

Green Car Reports

NOVEMBER 22, 2021

And will the EV tax credit include that union-made bonus? The House version of the Build Back Better Act passed last week includes a tax. Hybrids are hot for car thieves right now. Tesla owners quibble over an outage. This and more, here at Green Car Reports.

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Tax Credit Tax Hybrid MPG 209

Green Car Congress

NOVEMBER 7, 2022

The US Department of the Treasury and the Internal Revenue Service (IRS) have released three notices requesting public input on several tax credit provisions in the Inflation Reduction Act (IRA). These include: Credits for Clean Hydrogen Production (45V) and Clean Fuel Production (45Z) ( Notice 2022-58 ).

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Tax Credit Tax Cleaning Clean 199

Green Car Reports

JUNE 3, 2024

But neither brand is discussing eligibility for the $7,500 federal tax credit quite yet. Hyundai on Friday confirmed its first EV for U.S. production, while the automaker's Kia brand began U.S. EV production that same day.

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Tax Credit Tax Kia Hyundai 184

Green Car Reports

JANUARY 2, 2024

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. And as expected, it’s very short. Noteworthy Tesla omissions include most of the Model 3 lineup (the Performance version is the only one that now qualifies), as well as the entire Model S lineup.

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Tax Credit Tax Electric Vehicles Tesla 197

Green Car Reports

AUGUST 7, 2022

Price caps included with a proposed revamped federal EV tax credit could put pressure on automakers to produce more affordable electric models, argues a new Bloomberg report. An extension of the $7,500 credit reportedly has a good chance of moving through the Senate.

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Tax Credit Affordable Tax Price 207

Green Car Reports

OCTOBER 9, 2023

The federal EV tax credit will shift to a point-of-sale dealership rebate in 2024, giving customers instant access to the credit, the U.S. Under current rules, buyers can't claim the credit of up to $7,500 for new vehicles and $4,000 for used vehicles until they file their taxes. Effective.

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Tax Credit Tax Sale Vehicles 192

Green Car Reports

DECEMBER 9, 2023

EPA confirmed that some versions of the Tesla Cybertruck will qualify for the EV tax credit—at least for those models delivered in 2023. In updates Friday, the U.S.

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Tax Credit EPA Tax Tesla 192

Green Car Reports

DECEMBER 16, 2021

The EV tax credit could be stalled for months in the Senate. The Lucid Air is a Best Car To Buy Finalist. We get a first look at an all-electric GMC Sierra. And how much does cold weather affect EV range? This and more, here at Green Car Reports.

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Tax Credit Sierra GMC Tax 207

Green Car Reports

JULY 12, 2022

Purchase incentives are an important tool for increasing EV adoption, but the current federal tax credit may not be the most effective, according to a new George Washington University study.

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Tax Credit Tax Sale Washington 192

Green Car Reports

MAY 2, 2024

Treasury Department could issue clarifications on federal EV tax-credit eligibility rules as early as Friday, reports Transport Topics. Citing anonymous sources familiar with the matter, the report claims the federal government is ready to issue rules relating to its "foreign entities of concern" requirement.

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Tax Credit Tax Transportation Vehicles 171

Green Car Reports

JANUARY 1, 2023

In the months even before we knew some used plug-in hybrids would be eligible for a $4,000 used EV tax credit, market interest in plug-in hybrids was on the rise, according to a recent pricing analysis.

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Tax Credit Tax Price PHEV 184

Green Car Reports

JUNE 12, 2024

The 2025 Nissan Leaf carries over but loses its eligibility for the federal EV tax credit this model year. The 2024 Leaf became eligible for a $3,750 credit in October. The Leaf's rollercoaster ride with eligibility began from the day new regulations were phased in last August.

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Tax Credit Tax Nissan 166

Energy Institute at HAAS

JUNE 17, 2024

Credits for heat pumps, EVs and solar panels still go mostly to the wealthy. households have received $47 billion in federal income tax credits … Continue Reading Clean Energy Tax Credit Concerns Over the last two decades, U.S.

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Tax Credit Tax Cleaning Clean 134

Green Car Reports

DECEMBER 4, 2023

The Department of Energy (DOE) on Friday issued proposed guidance on foreign battery content in EVs that could cut the federal tax credit for some models. 1, EVs are ineligible for the federal tax credit of up to $7,500 if they have key battery components. Starting Jan.

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Tax Credit Tax Battery Batteries 175

Green Car Reports

JANUARY 23, 2023

New federal EV tax credit rules have set price caps that are narrowing the field of qualifying EVs; but a leasing loophole is already opening up a much wider field eligible for federal subsidies The Inflation Reduction Act (IRA) re-upped the federal EV tax credit of up to $7,500 for qualifying vehicles.

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Tax Credit Tax Price Cars 172

Green Car Reports

JULY 5, 2022

Toyota likely hit the ceiling for the EV tax credit. 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. Is the EV market on the verge of collapse over price pressures? This and more, here at Green Car Reports.

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Tax Credit Tax Toyota Market 197

Green Car Reports

APRIL 6, 2023

Ford on Wednesday confirmed that the F-150 Lightning electric pickup truck and Lincoln Aviator Grand Touring plug-in hybrid SUV will be eligible for the full $7,500 federal tax credit going forward, while all of its other current EVs and plug-in hybrids will be eligible for smaller amounts. Treasury.

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F-150 Tax Credit Tax Ford 192

Green Car Reports

MARCH 7, 2024

The 2024 Nissan Leaf is once again eligible for a $3,750 federal EV tax credit, Nissan confirmed Wednesday in a press release. This credit—half the maximum amount of $7,500—effectively cuts the price of the Leaf to $25,485 for many households.

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Tax Credit Tax Nissan Price 176

Green Car Reports

JULY 29, 2022

Congress appears close to passing a long-awaited extension—and expansion—of the federal EV tax credit. If passed.

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Tax Credit Tax Congress Sale 192

Green Car Reports

DECEMBER 22, 2023

According to a report citing GM directly, the Chevy Bolt EV will be the only EV from the automaker qualifying for the full EV tax credit from Jan. Yes, that’s a model now out of production and set to be increasingly difficult to find at dealerships in 2024.

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Tax Credit Tax GM Cadillac 187

Green Car Reports

DECEMBER 22, 2022

And EV tax credit guidance is pushed to March. DOE research suggests we may face some problems with charging cybersecurity. The Porsche Taycan is eligible for an upgrade that may cut its home charging time in half. This and more, here at Green Car Reports.

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Tax Credit Porsche Tax Charging 189

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.

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Tax Credit Purchase Tax Tesla 176

Green Car Reports

DECEMBER 13, 2022

The Internal Revenue Service (IRS) on Monday released an introduction for the full eligibility rules for the revamped federal EV tax credit, and it looks like automakers—as well as sellers—will have to submit a lot of reports.

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Tax Credit Tax International 176

Green Car Reports

MARCH 8, 2024

The 2024 Honda Prologue and 2024 Acura ZDX will both qualify for the full $7,500 federal EV tax credit, Honda and its Acura luxury brand have confirmed.

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Tax Credit Acura Honda Tax 180

Green Car Reports

JULY 6, 2022

And if you want to take full advantage of the EV tax credit on Toyota and Lexus plug-in models, make plans now. It’s time to put money down if you want to be one of the first with a Fisker Ocean. Could a boost to the LFP chemistry heighten its popularity? This and more, here at Green Car Reports.

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Tax Credit Fisker Tax Toyota 200

Green Car Reports

DECEMBER 14, 2023

Tesla expects the Model Y will no longer qualify for the full $7,500 federal EV tax credit in 2024. As noted by Electrek, the Tesla Model Y online configurator now includes a note stating that reductions in the tax-credit amount are "likely" after Dec.

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Tax Credit Tax Tesla 167

Green Car Reports

APRIL 12, 2023

by 2030, all of which will qualify for the full $7,500 federal tax credit under new Inflation Reduction Act (IRA) rules, the top U.S. Volkswagen plans to sell 25 all-electric models in the U.S. executive of VW said in an interview with Bloomberg (via Automotive News Europe). "We We have a great opportunity in the U.S.,"

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Tax Credit Tax America Europe 176

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.

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Tax Credit Purchase Tax Sale 167

Green Car Reports

JUNE 13, 2024

The point-of-sale EV tax credit is very popular. Porsche adds thousands of chargers to its app. And are plug-in hybrids potentially adding to future oil demand? This and more, here at Green Car Reports.

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Tax Credit Porsche Oil Tax 167

Green Car Reports

DECEMBER 27, 2023

car dealerships have not registered to begin offering the federal EV tax credit at the point of sale when that option becomes available Jan. More than 7,000 dealerships have registered with the IRS to offer tax credits of up to $7,500 as point-of-sale rebates, the U.S. Treasury Department said Friday.

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Tax Credit Tax Dealers Sale 167

Green Car Reports

MARCH 28, 2023

A trade pact could make EVs with battery materials sourced from Japan eligible for federal tax credits, the Japan Times reported Tuesday. The Inflation Reduction Act (IRA) requires major battery components and critical minerals to be sourced from countries with which the U.S.

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Tax Credit Japan Tax Battery 172

Green Car Reports

DECEMBER 29, 2022

may be eligible for a tax credit of. Treasury Department confirmed Thursday that buyers can effectively bypass both the American final assembly and critical-mineral requirements for electric vehicles—if those EVs are leased. That means, according to Reuters, starting Jan.

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Tax Credit Tax Electric Vehicles Vehicles 172

Teslarati

JUNE 17, 2024

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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Tax Credit Tax Sale Tesla 137

Electrek

DECEMBER 13, 2023

Tesla is signaling that along with two trims of Model 3 losing all their federal tax credit next year, Model Y is also “likely” to lose part of the tax credits. more… The post Tesla signals Model Y also losing full $7,500 tax credit appeared first on Electrek.

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Tax Credit Tax Tesla Parts 145