Green Car Congress

AUGUST 9, 2022

The Inflation Reduction Act , which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 ( earlier post ). Among the changes are an extension of the tax credit through 2032, the removal of the unit-sales cap of 200,000 per OEM, and a new mandate for qualified cars being assembled in North America.

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Teslarati

NOVEMBER 29, 2023

The reprieve would concern the eligibility of electric vehicles for the IRA’s tax incentives. One of the biggest concerns about the IRA’s requirements for EV tax credit eligibly regards battery packs, cells, and the materials used to manufacture them. We are going to have lots of battery capacity in the United States.

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CleanTechnica EVs

APRIL 19, 2023

The US federal tax credit for electric vehicles has been updated, and that means that some electric cars, trucks, and SUVs no longer qualify for the full tax credit — or even half the tax credit. Actually, most electric vehicles on the market in the United States no longer qualify!

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Electrek

DECEMBER 19, 2022

The United States Treasury department announced it will delay its guidance in regard to the sourcing requirements for battery materials in order for EVs to qualify for federal tax credits. The post US Treasury delays EV battery guidance, more vehicles could qualify for 2023 tax credits appeared first on Electrek.

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Green Car Reports

AUGUST 23, 2022

New federal EV tax credit rules requiring greater domestic content could accelerate Hyundai's timeline for building electric cars in the United States, according to a recent Reuters report.

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Green Car Reports

AUGUST 12, 2022

The European Union claims a proposed revamp to the United States EV tax credit aimed at prioritizing American-made content could discriminate against European manufacturers and break World Trade Organization (WTO) rules, the Associated Press reported Thursday.

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Green Car Reports

NOVEMBER 22, 2021

The infrastructure and social policy bills passed by the United States House of Representatives this week include many EV provisions, from investments in charging infrastructure to a rejuvenated EV tax credit. 5376) replaces the current federal EV tax credit with a new one that. Now they head to the Senate.

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Teslarati

APRIL 7, 2023

The Tesla Model 3 RWD, the most affordable vehicle in the company’s lineup, will see its federal tax credit reduced from $7,500 to $3,750, as confirmed by an update on Tesla’s official Model 3 page. The reduction in the federal tax credit for the Model 3 RWD will take effect on April 18.

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Teslarati

MARCH 23, 2023

Tesla has reportedly released a memo to employees stating that the base model Model 3 will likely lose access to EV incentives in the United States in the coming weeks. government’s tax credit for consumers to buy electric vehicles has been a significant driver regarding the demand for EVs.

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Teslarati

JULY 4, 2022

As recently corroborated by the veteran Japanese carmaker, it has already crossed the 200,000-unit cap for the United States’ $7,500 tax credit for hybrid and all-electric vehicles. The post Toyota’s tax credit advantage over competitors like Tesla disappears appeared first on TESLARATI.

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Blink Charging

APRIL 13, 2023

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.

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Baua Electric

JULY 11, 2024

Solar and battery systems provider Enphase Energy has introduced new residential and commercial products made in the United States that will help bolster the percentage of available federal tax credits available to customers installing the tech.

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Teslarati

APRIL 17, 2023

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. Fleet customers including for BrightDrop and the Chevrolet Silverado EV will benefit from the $7,500 commercial incentive,” stated General Motors. The Ultium line will likely adhere to the U.S.

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Teslarati

JULY 12, 2023

Tesla has updated the Model 3 sedan’s landing page with a new message about the all-electric sedan and its eligibility for the US Inflation Reduction Act’s (IRA) federal tax credit. As per the EV maker, reductions to the Model 3’s federal tax credit will likely take effect after December 31, 2023.

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Teslarati

MARCH 29, 2023

The United States Department of Treasury’s battery sourcing guidance might slash EV Tax credits from the Inflation Reduction Act (IRA). The Treasury will release the battery guidance for the IRA EV tax credits this Friday, April 1, 2023.

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Teslarati

MARCH 28, 2024

It appears that South Korean automaker Kia is taking some steps to ensure that its EV9 all-electric SUV will qualify for the full $7,500 federal tax credit in the United States next year. As noted in a Nikkei Asia report, Kia is poised to start the production of the EV9 in the United States by May 2024.

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Electrek

SEPTEMBER 20, 2022

Kia will start producing electric vehicles in the United States starting in 2024 in order to qualify for new EV tax credits in the Inflation Reduction Act , according to Korean news outlets Maeli Business News and SBS.

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Teslarati

MARCH 31, 2023

The IRS has updated its guidance relating to the Inflation Reduction Act’s (IRA) tax credit that applies to electric vehicles, with new rules coming into effect on April 18. These rules go into effect on April 18, and the IRS will publish a new list of what models will qualify for specific credits.

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Setec Powerr

APRIL 26, 2023

One such incentive is the electric car tax credit, designed to help offset the initial cost of EVs for buyers. Section 1: Overview of the Electric Car Tax Credit in 2023 1.1 In 2023, the tax credit remains available for eligible new electric vehicles but has undergone some changes compared to previous years.

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The Truth About Cars

JANUARY 30, 2024

Photo credit: Volkswagen Volkswagen has recently announced that their MY23 and the upcoming MY24 models of the ID.4, 4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. that qualifies for the full Federal Tax credit. This development makes these models of the ID.4,

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Teslarati

FEBRUARY 27, 2024

4 82 kWh model qualifies for the Inflation Reduction Act’s (IRA) full federal tax credit. 4 models with SK On components are eligible for the full $7,500 federal tax credit because the updated VW ID.4’s Customers can apply the tax credits as a down payment for the VW ID.4 The 2024 Volkswagen ID.4

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Tax Credit Tax Tennessee Georgia 71

Electrek

NOVEMBER 1, 2022

The European Union has asked the United States to include EVs, batteries, and other sustainable products sold on US soil in federal tax credits, similar to benefits it currently offers its North American neighbors. According to a recent report, the US and EU are in discussions about what’s possible.

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Electrek

APRIL 11, 2022

According to recent comments from Toyota North America, the automaker expects to surpass the 200,000 vehicle threshold for EV sales sometime this summer, disqualifying itself from any additional tax credits in the United States under current legislation.

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Blink Charging

NOVEMBER 16, 2023

To encourage clean and energy-efficient vehicle adoption, the United States government has made significant changes to the Clean Vehicle tax credit, to take effect from January 1, 2024. These changes make it easier for drivers to access tax credits when purchasing clean vehicles. How Do Consumers Benefit?

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Teslarati

MARCH 29, 2023

Tesla published a notice on the Model 3 RWD’s configurator page, informing buyers that its EV tax credits will reduce by March 31. The Tesla Model 3 RWD will be affected by the US Treasury’s battery guidance for the Inflation Reduction Act’s (IRA) $7,500 EV tax credits.

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Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).

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CleanTechnica EVs

OCTOBER 20, 2022

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). For BEVs and PHEVs to remain eligible for tax credits, the final assembly must happen in North […].

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Teslarati

JANUARY 12, 2023

Tesla’s aggressive sales strategy has been implemented in the United States. With these price adjustments in place, Tesla has ensured that the Model Y Long Range would qualify for the Inflation Reduction Act’s $7,500 federal tax credit. Wow, Tesla just announced massive price drops in the US across the board.

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Teslarati

APRIL 5, 2023

Tesla will be receiving lithium supplies from Quebec, giving it an edge in meeting the Inflation Reduction Act’s battery requirements for EV tax credits. Treasury Department released stricter battery requirements for EV tax credits under the Inflation Reduction Act (IRA).

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Teslarati

JULY 10, 2024

4 with SK ON battery components eligible for full $7,500 tax credit in 2024 SK Innovation’s biggest investments in recent years have been in the United States with legacy automakers including Ford. The post SK Innovation Global Forum set for July 13 in the United States appeared first on TESLARATI.

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The Truth About Cars

APRIL 17, 2023

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify.

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EV Life

OCTOBER 7, 2023

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Baua Electric

MAY 3, 2023

Kia The united states will incline aggressively into an Inflation Relief Office provision that permits it to go ailing a $7,500 federal incentive to electrical automobile shoppers who choose to hire as opposed to purchase, in line with Eric Watson, the automaker’s gross sales leading. Watson stated. now to 30 to 40 p.c,

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Teslarati

AUGUST 7, 2023

Used Teslas will now qualify for the $4,000 tax credit through the Inflation Reduction Act (IRA) that is applicable for electric vehicles (EVs), Plug-In Hybrid Electric Vehicles (PHEVs), and Fuel Cell Electric Vehicles (FCEVs). However, there is one tough yet significant hoop to jump through for a used Tesla to qualify for the credit.

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EV Life

MAY 19, 2023

The Inflation Reduction Act of 2022 (IRA) introduced new guidelines for a federal EV tax credit aimed at helping qualified drivers purchase an electric vehicle. The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. dependence on China.

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Teslarati

MAY 31, 2023

Toyota is taking the leap and investing more in the United States. Toyota’s electric SUV will be assembled in the United States, qualifying for the Inflation Reduction Act’s (IRA) electric vehicle (EV) tax incentives. The new SUV will be Toyota’s first battery electric vehicle (BEV) assembled in the United States.

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Baua Electric

JUNE 12, 2023

“My comment is simple: Follow the law,” he wrote in an 11-page letter to Treasury, explaining that the tax credit score’s objective is “no longer to promote the purchase and use of [EVs] … but to promote reliable domestic supply chains for the critical minerals and battery components” had to energy them.

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