Baua Electric

JANUARY 3, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place.

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Teslarati

FEBRUARY 5, 2024

Just weeks after its initial release in North America, the upgraded Tesla Model 3 Long Range Dual Motor All wheel Drive (AWD) has seen a minor price increase. That is, at least, unless one takes into account federal tax credits in the United States. Don’t hesitate to contact us with news tips.

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Charged EVs

SEPTEMBER 22, 2022

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

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Teslarati

NOVEMBER 9, 2023

Many automakers are attempting to offer EVs that are widely affordable and will not break the bank for those who are interested. a more affordable EV option for consumers will perhaps help to surge sales and demand. Some EVs have only qualified for half of that amount because they are not completely assembled in North America.

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Baua Electric

FEBRUARY 28, 2024

As the first Ultium EV to use LFP batteries, the new model is expected to drastically lower costs. Barra also confirmed the new electric model will be revealed next year. However, Jacobson said GM is “mindful” of the growing need for affordable EVs. We’ve got an established brand,” Jacobson said, referring to the Bolt.

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Teslarati

OCTOBER 24, 2023

LG Energy Solution (LGES) recently announced that its battery facility in Arizona will become a key production hub for 46-series cylindrical cells in North America. The Korean battery supplier’s operating profit included the estimated IRA tax credit amount of KRW 215.5 billion with a margin of 6.3%.

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The Truth About Cars

DECEMBER 28, 2023

That said, the company is owned, in part, by the Chinese government, making it unclear if anything related to JAC will make its way to North America. Yiwei, a new brand for the automaker in 2023, announced a 157-mile EV, but it’s hardly a car Americans are known to flock to, as it’s a tiny five-door hatch.

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Teslarati

APRIL 14, 2024

While the press release didn’t disclose how much the department paid for the Model Y units, the most affordable inventory Model Y on Tesla’s website in the Anaheim area is selling for $41,390 before tax credits. Many police departments across the U.S. (

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Teslarati

NOVEMBER 9, 2022

A bill has been introduced in the Senate called the “Affordable Electric Vehicles for America Act” that would dramatically alter the Inflation Reduction Act’s EV incentives requirements. “T he requirements of the EV tax credit,” the Government of Japan states, “are not consistent with the U.S.

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Baua Electric

APRIL 1, 2024

battery-supply deal with China’s CATL, Car News China reports. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S. General Motors is negotiating a U.S. Japanese and Korean firms currently control 80% of the market.

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Electric Auto Association

SEPTEMBER 9, 2022

EV provisions The legislation creates a new and used EV tax credit, extending the tax credit on some new EVs to 2032 while shifting tax incentives to more affordable models that are manufactured in North America. The credit can also be used toward a down payment.

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Baua Electric

MARCH 28, 2024

According to Barra, it will be the first Ultium EV in North America to feature LFP batteries. GM looks to CATL for cheaper LFP battery tech According to a new report from CarNewsChina , GM is in talks with CATL to license its LFP battery tech. Electrek’s Take If true, the news could be significant.

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Blink Charging

DECEMBER 19, 2023

As we approach the end of 2023, we want to acknowledge significant industry news and the remarkable accomplishments of Blink Charging throughout this year. New Leadership Changes and Team Promotions While we may be biased, we are proud to say that Blink has the best leadership team found anywhere.

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Baua Electric

JANUARY 25, 2024

The company saw solid sales growth across key markets, including North America, Europe, and India. Hyundai accelerated construction to take advantage of government incentives like the $7,500 tax credit. That undercuts the new Tesla Model 3 by $9,300. FTC: We use income earning auto affiliate links.

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The Truth About Cars

SEPTEMBER 25, 2023

Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV tax credit scheme plays out. There was no longer any limit to the length of time the industry could benefit. We don't want to see a repeat of Cash for Clunkers."

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Teslarati

APRIL 29, 2023

The Tesla Model 3 now qualifies for the full $7,500 EV incentive thanks to a new loophole in the tax incentive system. The EV tax credit changes currently preventing most EVs from receiving incentives are “ battery sourcing” requirements. If you have news tips, email us at tips@teslarati.com !

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Teslarati

SEPTEMBER 4, 2022

The research directly contradicts and challenges a statement by Jack Hollis, the executive vice president of sales at Toyota Motor North America. And even if you were ready to purchase one, and if you could afford it … they’re still too high,” Hollis said. Everyone thought the EV tax credit was dead and done.

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Blink Charging

NOVEMBER 2, 2023

Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. The good news is that things are starting to change. But the price of these batteries had been a major roadblock to electric vehicle adoption.

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Teslarati

JUNE 5, 2023

Increasing battery production at Giga Nevada would likely help Tesla increase its vehicle production capacity and benefit from the Inflation Reduction Act’s (IRA) electric vehicle (EV) tax credits. Kirkhorn concluded that the IRA’s credits could eventually impact the affordability of some electric vehicles.

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The Truth About Cars

AUGUST 10, 2023

While this is presumably good news for people who have absolutely had it with dealerships marking up their products, some are growing concerned by how much electric vehicle inventories are outpacing their gasoline-reliant counterparts. However, government incentives (EV tax credits) have made them more attractive in the general sense.

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Baua Electric

JANUARY 10, 2024

It starts at a reasonable $32,500 plus a $1,595 destination fee, although it’s not eligible for the $7,500 federal tax credit. The new 500e keeps the cute, retro style of the previous generation but refreshes and modernized the exterior and interior. The post Can Fiat win over the hearts of Americans with its new, better 500e?

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Baua Electric

FEBRUARY 6, 2024

It has since built a complete battery materials supply chain in Europe, and is about to build a new cathode and precursor production facility near Kingston, Ontario, which will be its fourth global gigafactory. Charged spoke with Robert Privette, Umicore’s Business Development Manager for North America.

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Revenge of the Electric Car

APRIL 20, 2010

Nissan's new electronic vehicle, the Leaf. (AP After a federal tax credit and state rebate, the price of these cars will come out at around a cool 20k. Read more about it in the San Jose Mercury News Article: Reservations for the all-electric Nissan Leaf start Tuesday. By Dana Hull for the San Jose Mercury News.

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Cars That Think

OCTOBER 29, 2021

I got my first taste of the Air in the Sonoran Desert, a few hours from Lucid's $700 million factory in Casa Grande, the first from-the-ground-up EV plant to open in North America. Every buyer is eligible for a $7,500 federal tax credit, pushing the most-affordable Air to $71,400.

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The Truth About Cars

SEPTEMBER 22, 2023

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. That makes the $33,550 (before any federal tax credits or state incentives) Kona Electric the most affordable way to take advantage of the deal.

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Revenge of the Electric Car

FEBRUARY 26, 2009

Regardless, once the $7,500 tax credit is accounted for, and the much lower maintenance costs, these should be about the same as buying a gas car, only the fuel will be less than a dollar a gallon equivalent. It won’t be as cool as the Tesla, but most of us could afford one today. And your money stays domestic.

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Cars That Think

DECEMBER 18, 2022

King is quoted in an interview with Bloomberg News interview as saying that China saw, “this need coming and made the most of it.” electric vehicle sales to the new law. This sets out US government policy objectives not only to decrease greenhouse gasses, but to be the global EV industrial leader.

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Baua Electric

MAY 12, 2024

News came out on Friday that President Biden is set to quadruple tariffs on Chinese EVs to protect the US auto industry from the rapid growth of Chinese EV manufacturing. But instead of just de facto banning the competition from giving Americans access to affordable hot new EVs, the US should instead try making affordable hot new EVs itself.

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Cars That Think

OCTOBER 26, 2021

New DC fast-charging stations are being built at a fairly fast clip. Although there is a thought that news out of D.C., But Nissan has announced that for North America, they too are converting over to CCS. But the difference is that only a minority of Americans today can afford to buy a new car.

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Cars That Think

OCTOBER 26, 2021

New DC fast-charging stations are being built at a fairly fast clip. Although there is a thought that news out of D.C., But Nissan has announced that for North America, they too are converting over to CCS. But the difference is that only a minority of Americans today can afford to buy a new car.

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