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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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Rivian Will Give You a Discount to Trade In a Gas Vehicle for a New R1 Model

The Truth About Cars

At around $70,000 to start, the brand’s R1T pickup and R1S SUV are out of reach for most buyers, even after the $3,750 federal tax credits for some models. You’ll still have to plop down a $1,000 non-refundable deposit to buy one, and the discounts are applied at the point of sale on the site.

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What Does It Take To Win The EV Race As A Country?

Get Electric Vehicle

How to Win the EV Race –  Blog Series This is the second part of How to Win the EV Race blog series As An EV Maker, What Does It Take to Win the EV Race? 4 Incentives and Subsidies Providing incentives for consumers to buy EVs can stimulate demand. What Does It Take To Win The EV Race As A Country?

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The Dirty Truth of Petrol & Diesel Vehicles

Plug In India

Support taxing of fossil fuels and using the subsidies to support the shift to Electric Vehicles, with the right incentives and political will change can happen very quickly. Going solar now is cheaper than buying electricity from the grid and starts paying for itself from day one.

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Are Rising EV Inventories Proof Nobody Wants Them?

The Truth About Cars

While alleged experts have certainly proven their fallibility in recent years, there are reasons to buy into the claim. share of battery electric vehicles has grown from a negligible fraction of a percent to over 6 percent between 2018 and 2023. Things are often less simple than they appear on their face and EVs certainly qualify.

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Driving Dystopia: Europe’s Low Emission Zones Aren't Going Over Well

The Truth About Cars

Ultra Low Emission Zones (ULEZ) seem to be the next step, as they’re reliant on the same camera systems and vehicle tracking used for congestion taxes. In 2018, the mayor’s Transport Strategy likewise said that an “integrated pay-per-mile charge could replace preexisting schemes.” per day to travel through prohibited areas.

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Price Parity is Not the Key to EV Adoption in the US

EV Adoption

According to a price survey conducted by BloombergNEF , automakers soon will be producing models that are “as affordable—and as profitable—as comparable combustion engine models, and without the help of tax subsidies.” Source: EVAdoption/Loren McDonald.

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