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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

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Tesla Model 3 Lifecycle Cost Nearly Matches The Cheapest Car In America!

CleanTechnica EVs

When I saw the news that all Tesla Model 3 vehicles now qualify for the the full $7,500 federal tax credit, I knew it was time to write a new lifecycle analysis, or total cost of ownership (TCO) article. My last article like this (almost a year ago) was backward looking at the actual costs […]

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The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

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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How to receive tax credits for electric vehicles and charging equipment

Plug in America

If you purchased a new electric vehicle (EV) or charging equipment in 2020, you may be eligible to receive valuable tax credits. If you have questions regarding these tax credits, we recommend that you consult your tax advisor. Use IRS Form 8911 to claim this credit. Use IRS Form 8911 to claim this credit.

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Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles 

Electric Vehicles India

Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles . A proposed US tax credit for new electric bicycle purchases bumped backed up to a full 30%. The bicycle market in India is valued at USD 0.9 billion with 15 million bikes a year. billion, a fraction of the European market.

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FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

Green Car Congress

FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The Giga America project will be based on the SemiSolid technology of FREYR’s US-based licensing partner, 24M. FREYR evaluated 163 potentials sites in 25 states. billion through 2029.

Georgia 150
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Nissan Sets US MSRP for 2011 LEAF EV at $32,780; As Low as $25,280 with Federal Tax Credit

Green Car Congress

Nissan North America, Inc. Including the $7,500 federal tax credit for which the Nissan LEAF will be fully eligible, the consumer’s after-tax net value of the vehicle will be $25,280. The average cost for the charging dock plus installation will be $2,200.