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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

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Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

EV Adoption

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

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How to Take Advantage of EV Charging Infrastructure Tax Credits

EV Connect

Automakers, drivers, investors, and analysts all agree: Electric vehicles will power this country forward into the future. These tax credits, along with other financial incentives, are designed to defray costs and make it easier and more cost effective to invest in EV charging stations for your business.

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Ansys releases pre-lockdown global survey on vehicle electrification

Green Car Congress

Global findings reveal more optimism for EVs—just 6% of Chinese respondents and 4% of Indian respondents will wait to buy an EV until gas-powered vehicles cease production. Americans cite too few charging points and too high upfront cost as the leading barriers to buying an electric vehicle.

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Electric Vehicles Could be your Solution to the Current Gas Prices

Blink Charging

Gas prices are at nearly their highest point in history, and some owners of larger vehicles are ready to trade them in for vehicles with better gas mileage. Plenty of drivers, however, are looking at a more permanent option – electric vehicles. Electric Vehicles by the Numbers.

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Lawmakers demand emissions data for $8B federal hydrogen hubs

Baua Electric

Hydrogen could displace some fossil-fuel use, but its production can generate carbon emissions as well, including in the form of “grid emissions” from electricity used to power that production, the lawmakers noted in their letter. Electrolysis powered by renewable energy is generally considered to be the lowest-emission option.

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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

A new study from the Harvard Kennedy School’s Belfer Center for Science and International Affairs finds that reducing greenhouse gas emissions from transportation will be a much bigger challenge than many assume, and will require substantially higher fuel prices combined with more stringent regulations. —Morrow et al.