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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit. Chart Source: EV Volumes.

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Best deals on plug-in, hybrid, and electric cars for May 2019

Green Car Reports

With rising interest rates and falling federal plug-in vehicle tax credits on some models, the best deals on electric cars, plug-in hybrids, and conventional hybrids are a little harder to find versus a few months ago.

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Hyundai delivers first 2019 NEXO fuel cell SUV to US customer

Green Car Congress

Hochrad purchased his first hybrid car more than 15 years ago, and over the years has driven dedicated electric vehicles as well. The first year of maintenance is free of charge and customers are eligible for a tax credit (subject to individual tax circumstances) from the state of California for up to $5,000.

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Best deals on electric, plug-in, and hybrid cars for April 2019

Green Car Reports

Just because tax credits are winding down on some of the most popular plug-in cars doesn't mean there are no deals to be found.

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Best deals on plug-in, hybrid, and electric cars for July 2019

Green Car Reports

As tax credits on electric cars wind down, great deals are getting harder to find. Still, our partners at CarsDirect found some deals as low as $199 a month for July in scouring manufacturer programs for deals.

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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. billion through 2019. billion through 2019. Source: CBO. Click to enlarge.

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Colorado approves goal to make 82% of car sales electric by 2032

Teslarati

In the release, Colorado clarifies that it includes battery-electric, plug-in hybrid electric and fuel cell electric as what it refers to as zero-emission options. Earlier this year, Colorado voted to approve new EV tax incentives on EVs that offer up to $5,000 off on select purchases, which can be used alongside the federal tax credit.